Webster Financial Corporation (WBS)

NYSE: WBS · IEX Real-Time Price · USD
50.77
-0.04 (-0.08%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

WBS has a market cap or net worth of $8.72 billion. The enterprise value is $10.87 billion.

Market Cap 8.72B
Enterprise Value 10.87B

Important Dates

The next estimated earnings date is Thursday, April 18, 2024, before market open.

Earnings Date Apr 18, 2024
Ex-Dividend Date Feb 2, 2024

Share Statistics

WBS has 171.75 million shares outstanding. The number of shares has decreased by -1.13% in one year.

Shares Outstanding 171.75M
Shares Change (YoY) -1.13%
Shares Change (QoQ) -0.70%
Owned by Insiders (%) 0.96%
Owned by Institutions (%) 88.11%
Float 169.90M

Valuation Ratios

The trailing PE ratio is 10.34 and the forward PE ratio is 8.59. WBS's PEG ratio is 1.93.

PE Ratio 10.34
Forward PE 8.59
PS Ratio 3.49
Forward PS 3.39
PB Ratio 1.00
P/FCF Ratio 9.22
PEG Ratio 1.93
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.11, with an EV/FCF ratio of 11.50.

EV / Earnings 12.77
EV / Sales 4.35
EV / EBITDA 9.11
EV / EBIT 10.02
EV / FCF 11.50

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.45
Debt / EBITDA 3.24
Debt / FCF 4.09
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 10.20% and return on invested capital (ROIC) is 6.91%.

Return on Equity (ROE) 10.20%
Return on Assets (ROA) 1.10%
Return on Capital (ROIC) 6.91%
Revenue Per Employee $605,388
Profits Per Employee $206,049
Employee Count 4,131
Asset Turnover 0.03
Inventory Turnover n/a

Taxes

In the past 12 months, WBS has paid $216.66 million in taxes.

Income Tax 216.66M
Effective Tax Rate 20.29%

Stock Price Statistics

The stock price has increased by +29.28% in the last 52 weeks. The beta is 1.31, so WBS's price volatility has been higher than the market average.

Beta (1Y) 1.31
52-Week Price Change +29.28%
50-Day Moving Average 48.58
200-Day Moving Average 44.40
Relative Strength Index (RSI) 60.82
Average Volume (30 Days) 1,137,760

Short Selling Information

The latest short interest is 3.53 million, so 2.06% of the outstanding shares have been sold short.

Short Interest 3.53M
Short Previous Month 3.51M
Short % of Shares Out 2.06%
Short % of Float 2.08%
Short Ratio (days to cover) 3.51

Income Statement

In the last 12 months, WBS had revenue of $2.50 billion and earned $851.19 million in profits. Earnings per share was $4.91.

Revenue 2.50B
Gross Profit 2.50B
Operating Income 1.08B
Pretax Income 1.08B
Net Income 851.19M
EBITDA 1.19B
EBIT 1.08B
Earnings Per Share (EPS) $4.91
Full Income Statement

Balance Sheet

The company has $1.72 billion in cash and $3.87 billion in debt, giving a net cash position of -$2.15 billion or -$12.53 per share.

Cash & Cash Equivalents 1.72B
Total Debt 3.87B
Net Cash -2.15B
Net Cash Per Share -$12.53
Equity / Book Value 8.69B
Book Value Per Share 50.60
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $978.65 million and capital expenditures -$33.41 million, giving a free cash flow of $945.24 million.

Operating Cash Flow 978.65M
Capital Expenditures -33.41M
Free Cash Flow 945.24M
FCF Per Share $5.49
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 43.37% and 34.04%.

Gross Margin 100.00%
Operating Margin 43.37%
Pretax Margin 43.37%
Profit Margin 34.04%
EBITDA Margin 47.69%
EBIT Margin 43.37%
FCF Margin 37.80%

Dividends & Yields

This stock pays an annual dividend of $1.60, which amounts to a dividend yield of 3.15%.

Dividend Per Share $1.60
Dividend Yield 3.15%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 32.59%
Buyback Yield 1.13%
Shareholder Yield 4.29%
Earnings Yield 9.77%
FCF Yield 10.84%
Dividend Details

Analyst Forecast

The average price target for WBS is $57.14, which is 12.55% higher than the current price. The consensus rating is "Strong Buy".

Price Target $57.14
Price Target Difference 12.55%
Analyst Consensus Strong Buy
Analyst Count 14
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on April 15, 1998. It was a forward split with a ratio of 2:1.

Last Split Date Apr 15, 1998
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 6