Washington Trust Ban (WASH) Stock Forecast, Price Target & Predictions


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WASH Stock Forecast


Washington Trust Ban stock forecast is as follows: an average price target of $34.00 (represents a 4.68% upside from WASH’s last price of $32.48) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.

WASH Price Target


The average price target for Washington Trust Ban (WASH) is $34.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $34.00. This represents a potential 4.68% upside from WASH's last price of $32.48.

WASH Analyst Ratings


Hold

According to 2 Wall Street analysts, Washington Trust Ban's rating consensus is 'Hold'. The analyst rating breakdown for WASH stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 2 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Washington Trust Ban Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 22, 2024Mark FitzgibbonPiper Sandler$34.00$34.46-1.33%4.68%
Oct 22, 2024Mark FitzgibbonPiper Sandler$30.00$31.89-5.93%-7.64%

The latest Washington Trust Ban stock forecast, released on Oct 22, 2024 by Mark Fitzgibbon from Piper Sandler, set a price target of $34.00, which represents a -1.33% decrease from the stock price at the time of the forecast ($34.46), and a 4.68% increase from WASH last price ($32.48).

Washington Trust Ban Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$32.00
Last Closing Price$32.48$32.48$32.48
Upside/Downside-100.00%-100.00%-1.48%

In the current month, the average price target of Washington Trust Ban stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Washington Trust Ban's last price of $32.48. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024Piper SandlerUnderweightNeutralUpgrade
Oct 22, 2024Piper SandlerUnderweightUnderweightHold
May 15, 2023Piper SandlerNeutralUpgrade
Apr 26, 2022Zacks Investment ResearchHoldUpgrade

Washington Trust Ban's last stock rating was published by Piper Sandler on Oct 22, 2024. The company Upgrade its WASH rating from "Underweight" to "Neutral".

Washington Trust Ban Financial Forecast


Washington Trust Ban Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$97.14M$48.98M$47.83M$50.48M$55.13M$57.84M$53.37M$52.25M$58.05M$56.59M$55.35M$58.84M$59.97M$57.12M$57.27M$52.53M$48.61M$51.32M
Avg Forecast$58.54M$57.90M$55.28M$52.80M$53.71M$53.09M$51.17M$50.20M$46.45M$47.87M$46.97M$46.07M$48.94M$49.04M$48.41M$54.71M$59.68M$55.83M$54.48M$53.76M$54.32M$53.92M$56.98M$57.65M$54.72M$54.42M$49.83M$48.79M$49.84M$50.29M
High Forecast$58.85M$58.20M$55.57M$53.08M$53.99M$53.37M$51.43M$50.72M$46.68M$48.12M$47.06M$46.31M$49.16M$49.79M$48.66M$55.00M$60.22M$55.83M$54.48M$53.76M$54.32M$53.92M$56.98M$57.65M$54.72M$54.42M$49.83M$48.79M$49.84M$50.29M
Low Forecast$58.24M$57.60M$54.99M$52.52M$53.43M$52.82M$50.90M$49.68M$46.21M$47.62M$46.88M$45.83M$48.71M$48.69M$48.15M$54.43M$59.14M$55.83M$54.48M$53.76M$54.32M$53.92M$56.98M$57.65M$54.72M$54.42M$49.83M$48.79M$49.84M$50.29M
# Analysts111111111111242211112222299988
Surprise %------------1.99%1.00%0.99%0.92%0.92%1.04%0.98%0.97%1.07%1.05%0.97%1.02%1.10%1.05%1.15%1.08%0.98%1.02%

Washington Trust Ban's average Quarter revenue forecast for Mar 24 based on 1 analysts is $46.07M, with a low forecast of $45.83M, and a high forecast of $46.31M. WASH's average Quarter revenue forecast represents a -52.58% decrease compared to the company's last Quarter revenue of $97.14M (Dec 23).

Washington Trust Ban EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111242211112222299988
EBITDA------------$208.00K$14.30M$14.32M$47.89M$41.60M$35.17M$30.85M$25.43M$30.34M$28.93M$27.45M$32.32M$32.30M$33.62M$39.26M$30.57M$36.29M$41.64M
Avg Forecast$24.35M$24.08M$22.99M$21.96M$22.34M$22.08M$21.28M$20.88M$19.32M$19.91M$19.53M$29.11M$20.35M$20.40M$20.13M$26.47M$23.50M$20.92M$20.42M$24.06M$20.36M$20.21M$21.35M$24.86M$20.51M$20.39M$18.68M$35.15M$18.68M$18.85M
High Forecast$24.47M$24.21M$23.11M$22.07M$22.45M$22.20M$21.39M$21.09M$19.41M$20.01M$19.57M$34.93M$20.45M$20.70M$20.24M$31.76M$28.20M$20.92M$20.42M$28.87M$20.36M$20.21M$21.35M$29.84M$20.51M$20.39M$18.68M$42.18M$18.68M$18.85M
Low Forecast$24.22M$23.95M$22.87M$21.84M$22.22M$21.96M$21.17M$20.66M$19.22M$19.81M$19.50M$23.29M$20.26M$20.25M$20.03M$21.17M$18.80M$20.92M$20.42M$19.25M$20.36M$20.21M$21.35M$19.89M$20.51M$20.39M$18.68M$28.12M$18.68M$18.85M
Surprise %------------0.01%0.70%0.71%1.81%1.77%1.68%1.51%1.06%1.49%1.43%1.29%1.30%1.57%1.65%2.10%0.87%1.94%2.21%

1 analysts predict WASH's average Quarter EBITDA for Mar 24 to be $29.11M, with a high of $34.93M and a low of $23.29M. This is 13896.06% upper than Washington Trust Ban's previous annual EBITDA (Dec 23) of $208.00K.

Washington Trust Ban Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111242211112222299988
Net Income------------$12.95M$11.16M$11.26M$12.81M$16.57M$18.67M$19.96M$16.48M$20.19M$18.75M$17.46M$20.47M$18.57M$18.32M$21.04M$11.90M$15.54M$18.81M
Avg Forecast$14.34M$14.34M$13.31M$11.94M$12.51M$12.34M$11.66M$10.63M$-13.31M$9.54M$8.46M$19.51M$9.73M$9.98M$10.74M$17.74M$15.64M$17.15M$15.48M$16.12M$16.73M$16.36M$18.24M$15.75M$16.53M$17.76M$10.20M$13.69M$16.53M$16.39M
High Forecast$14.44M$14.44M$13.40M$12.02M$12.60M$12.42M$11.73M$10.80M$-12.39M$9.54M$8.51M$23.41M$9.91M$10.50M$10.81M$21.28M$18.76M$17.15M$15.48M$19.35M$16.73M$16.36M$18.71M$18.90M$16.53M$17.76M$10.20M$16.42M$16.53M$16.39M
Low Forecast$14.24M$14.24M$13.22M$11.86M$12.43M$12.26M$11.58M$10.45M$-14.23M$9.54M$8.40M$15.61M$9.37M$8.95M$10.67M$14.19M$12.51M$17.15M$15.48M$12.90M$16.73M$16.36M$17.77M$12.60M$16.53M$17.76M$10.20M$10.95M$16.53M$16.39M
Surprise %------------1.33%1.12%1.05%0.72%1.06%1.09%1.29%1.02%1.21%1.15%0.96%1.30%1.12%1.03%2.06%0.87%0.94%1.15%

Washington Trust Ban's average Quarter net income forecast for Mar 24 is $19.51M, with a range of $15.61M to $23.41M. WASH's average Quarter net income forecast represents a 50.70% increase compared to the company's last Quarter net income of $12.95M (Dec 23).

Washington Trust Ban SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111242211112222299988
SG&A-------------$23.60M$22.39M$23.06M$22.01M$22.84M$21.51M$21.72M$22.42M$23.20M$23.02M$22.09M$23.05M$22.67M$20.32M$20.15M$18.89M$18.24M
Avg Forecast$25.42M$25.14M$24.00M$22.92M$23.32M$23.05M$22.21M$21.79M$20.17M$20.78M$20.39M$25.71M$21.24M$21.29M$21.01M$23.37M$17.36M$20.10M$19.61M$21.25M$19.55M$19.41M$20.51M$17.00M$19.70M$19.59M$17.94M$23.17M$17.94M$18.10M
High Forecast$25.55M$25.27M$24.12M$23.04M$23.44M$23.17M$22.33M$22.02M$20.27M$20.89M$20.43M$30.85M$21.34M$21.61M$21.12M$28.05M$20.83M$20.10M$19.61M$25.50M$19.55M$19.41M$20.51M$20.39M$19.70M$19.59M$17.94M$27.81M$17.94M$18.10M
Low Forecast$25.28M$25.01M$23.87M$22.80M$23.19M$22.93M$22.10M$21.57M$20.06M$20.67M$20.35M$20.57M$21.15M$21.14M$20.90M$18.70M$13.89M$20.10M$19.61M$17.00M$19.55M$19.41M$20.51M$13.60M$19.70M$19.59M$17.94M$18.54M$17.94M$18.10M
Surprise %-------------1.11%1.07%0.99%1.27%1.14%1.10%1.02%1.15%1.20%1.12%1.30%1.17%1.16%1.13%0.87%1.05%1.01%

Washington Trust Ban's average Quarter SG&A projection for Dec 23 is $21.24M, based on 2 Wall Street analysts, with a range of $21.15M to $21.34M. The forecast indicates a -9.96% fall compared to WASH last annual SG&A of $23.60M (Sep 23).

Washington Trust Ban EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111242211112222299988
EPS------------$0.76$0.65$0.66$0.75$0.96$1.08$1.15$0.95$1.17$1.08$1.01$1.18$1.07$1.06$1.22$0.68$0.89$1.08
Avg Forecast$0.84$0.84$0.78$0.70$0.73$0.72$0.68$0.62$-0.78$0.56$0.49$0.45$0.57$0.58$0.63$0.90$1.09$1.00$0.91$0.92$0.98$0.96$1.07$1.04$0.97$1.04$0.60$0.79$0.97$0.96
High Forecast$0.84$0.84$0.78$0.70$0.73$0.72$0.68$0.63$-0.72$0.56$0.50$0.45$0.58$0.61$0.63$0.91$1.10$1.00$0.91$0.92$0.98$0.96$1.09$1.04$0.97$1.04$0.60$0.79$0.97$0.96
Low Forecast$0.83$0.83$0.77$0.69$0.73$0.72$0.68$0.61$-0.83$0.56$0.49$0.45$0.55$0.52$0.62$0.89$1.08$1.00$0.91$0.92$0.98$0.96$1.04$1.04$0.97$1.04$0.60$0.79$0.97$0.96
Surprise %------------1.34%1.12%1.05%0.83%0.88%1.08%1.27%1.03%1.20%1.13%0.95%1.13%1.11%1.02%2.05%0.87%0.92%1.13%

According to 1 Wall Street analysts, Washington Trust Ban's projected average Quarter EPS for Mar 24 is $0.45, with a low estimate of $0.45 and a high estimate of $0.45. This represents a -40.46% decrease compared to WASH previous annual EPS of $0.76 (Dec 23).

Washington Trust Ban Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HTBKHeritage Commerce$9.62$12.5029.94%Buy
CFFNCapitol Federal Financial$5.86$7.0019.45%Hold
NBHCNational Bank$42.66$50.0017.21%Hold
CNOBConnectOne Bancorp$23.83$27.6716.11%Buy
HONEHarborOne Bancorp$12.07$14.0015.99%Hold
MPBMid Penn Bancorp$30.54$35.0014.60%Buy
INDBIndependent Bank$66.65$74.0011.03%Strong Buy
CPFCentral Pacific Financial$28.00$30.007.14%Buy
WASHWashington Trust Ban$32.48$34.004.68%Hold
GSBCGreat Southern Bancorp$59.99$62.003.35%Hold
BFSTBusiness First Bancshares$27.42$28.002.12%Buy
HBCPHome Bancorp$49.58$50.000.85%Buy
FBNCFirst Bancorp$43.94$43.00-2.14%Buy
STBAS&T Bancorp$38.04$36.50-4.05%Hold
UVSPUnivest Financial$30.53$27.50-9.92%Buy
RBCAARepublic Bancorp$66.80$51.00-23.65%Buy

WASH Forecast FAQ


Is Washington Trust Ban a good buy?

No, according to 2 Wall Street analysts, Washington Trust Ban (WASH) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of WASH's total ratings.

What is WASH's price target?

Washington Trust Ban (WASH) average price target is $34 with a range of $34 to $34, implying a 4.68% from its last price of $32.48. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Washington Trust Ban stock go up soon?

According to Wall Street analysts' prediction for WASH stock, the company can go up by 4.68% (from the last price of $32.48 to the average price target of $34), up by 4.68% based on the highest stock price target, and up by 4.68% based on the lowest stock price target.

Can Washington Trust Ban stock reach $50?

WASH's average twelve months analyst stock price target of $34 does not support the claim that Washington Trust Ban can reach $50 in the near future.

What are Washington Trust Ban's analysts' financial forecasts?

Washington Trust Ban's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $208.16M (high $209.51M, low $206.82M), average EBITDA is $86.57M (high $87.13M, low $86.01M), average net income is $47.14M (high $47.56M, low $46.71M), average SG&A $90.37M (high $90.96M, low $89.78M), and average EPS is $2.75 (high $2.77, low $2.73). WASH's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $224.52M (high $225.7M, low $223.35M), average EBITDA is $93.38M (high $93.86M, low $92.89M), average net income is $53.93M (high $54.3M, low $53.57M), average SG&A $97.47M (high $97.98M, low $96.96M), and average EPS is $3.15 (high $3.17, low $3.13).

Did the WASH's actual financial results beat the analysts' financial forecasts?

Based on Washington Trust Ban's last annual report (Dec 2023), the company's revenue was $363.41M, beating the average analysts forecast of $201.1M by 80.71%. Apple's EBITDA was $843K, missing the average prediction of $87.34M by -99.03%. The company's net income was $48.18M, missing the average estimation of $48.19M by -0.03%. Apple's SG&A was $0, missing the average forecast of $86.92M by -100.00%. Lastly, the company's EPS was $2.82, beating the average prediction of $2.68 by 5.35%. In terms of the last quarterly report (Dec 2023), Washington Trust Ban's revenue was $97.14M, beating the average analysts' forecast of $48.94M by 98.50%. The company's EBITDA was $208K, missing the average prediction of $20.35M by -98.98%. Washington Trust Ban's net income was $12.95M, beating the average estimation of $9.73M by 33.10%. The company's SG&A was $0, missing the average forecast of $21.24M by -100.00%. Lastly, the company's EPS was $0.76, beating the average prediction of $0.568 by 33.92%