Webster Financial (WBS) Stock Forecast, Price Target & Predictions
WBS Stock Forecast
Webster Financial stock forecast is as follows: an average price target of $60.17 (represents a 0.55% upside from WBS’s last price of $59.84) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
WBS Price Target
The average price target for Webster Financial (WBS) is $60.17 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $73.00 to $51.00. This represents a potential 0.55% upside from WBS's last price of $59.84.
WBS Analyst Ratings
According to 11 Wall Street analysts, Webster Financial's rating consensus is 'Buy'. The analyst rating breakdown for WBS stock is 0 'Strong Buy' (0.00%), 8 'Buy' (72.73%), 3 'Hold' (27.27%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Webster Financial Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 18, 2024 | Steven Duong | RBC Capital | $62.00 | $54.25 | 14.29% | 3.61% |
| Oct 18, 2024 | Jared Shaw | Barclays | $63.00 | $54.25 | 16.13% | 5.28% |
| Oct 17, 2024 | Matt Breese | Stephens | $58.00 | $52.69 | 10.09% | -3.07% |
| Sep 30, 2024 | Manan Gosalia | Morgan Stanley | $54.00 | $46.39 | 16.40% | -9.76% |
| Aug 05, 2024 | Manan Gosalia | Morgan Stanley | $57.00 | $44.10 | 29.25% | -4.75% |
| Jul 03, 2024 | Casey Haire | Jefferies | $51.00 | $45.13 | 13.01% | -14.77% |
| Apr 09, 2024 | Jon Arfstrom | RBC Capital | $57.00 | $48.79 | 16.83% | -4.75% |
| Apr 08, 2024 | Casey Haire | Jefferies | $56.00 | $47.99 | 16.69% | -6.42% |
| May 17, 2022 | William Wallace | Raymond James | $73.00 | $48.31 | 51.11% | 21.99% |
| Apr 22, 2021 | Matthew Breese | Stephens | $60.00 | $49.11 | 22.17% | 0.27% |
The latest Webster Financial stock forecast, released on Oct 18, 2024 by Steven Duong from RBC Capital, set a price target of $62.00, which represents a 14.29% increase from the stock price at the time of the forecast ($54.25), and a 3.61% increase from WBS last price ($59.84).
Webster Financial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 4 | 8 |
| Avg Price Target | $61.00 | $59.25 | $57.25 |
| Last Closing Price | $59.84 | $59.84 | $59.84 |
| Upside/Downside | 1.94% | -0.99% | -4.33% |
In the current month, the average price target of Webster Financial stock is $61.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 1.94% increase as opposed to Webster Financial's last price of $59.84. This month's average price target is up 2.95% compared to last quarter, and up 6.55% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 18, 2024 | Seaport Global | Buy | Buy | Hold |
| Oct 18, 2024 | Wedbush | Neutral | Neutral | Hold |
| Oct 18, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Oct 18, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 17, 2024 | Stephens | Overweight | Overweight | Hold |
| Sep 30, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Aug 05, 2024 | Morgan Stanley | - | Equal-Weight | Downgrade |
| Jul 03, 2024 | Jefferies | Buy | Buy | Hold |
| Apr 24, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| Apr 09, 2024 | RBC Capital | Outperform | Outperform | Hold |
Webster Financial's last stock rating was published by Seaport Global on Oct 18, 2024. The company gave WBS a "Buy" rating, the same as its previous rate.
Webster Financial Financial Forecast
Webster Financial Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $996.96M | $676.94M | $672.63M | $665.44M | $703.95M | $46.49M | $606.86M | $261.03M | $316.68M | $313.47M | $293.55M | $300.52M | $293.69M | $294.32M | $284.48M | $304.18M | $302.17M | $310.47M |
| Avg Forecast | $769.31M | $760.00M | $744.21M | $729.25M | $729.26M | $711.07M | $695.41M | $680.99M | $684.85M | $677.72M | $677.02M | $680.72M | $679.01M | $686.11M | $690.83M | $710.63M | $707.06M | $644.11M | $601.03M | $475.35M | $307.24M | $296.90M | $296.46M | $299.22M | $294.84M | $296.14M | $300.73M | $304.22M | $309.39M | $314.73M |
| High Forecast | $828.44M | $818.42M | $801.41M | $785.30M | $785.31M | $765.73M | $748.87M | $707.17M | $705.33M | $679.49M | $677.02M | $680.72M | $694.84M | $738.85M | $743.93M | $765.25M | $761.40M | $644.11M | $601.03M | $475.35M | $307.24M | $296.90M | $296.46M | $299.22M | $294.84M | $296.14M | $300.73M | $304.22M | $309.39M | $314.73M |
| Low Forecast | $722.35M | $713.60M | $698.78M | $684.73M | $684.73M | $667.66M | $652.96M | $641.35M | $633.36M | $675.96M | $677.02M | $680.72M | $666.01M | $644.23M | $648.66M | $667.25M | $663.89M | $644.11M | $601.03M | $475.35M | $307.24M | $296.90M | $296.46M | $299.22M | $294.84M | $296.14M | $300.73M | $304.22M | $309.39M | $314.73M |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 8 | 4 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 9 | 9 | 9 | 9 | 13 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.47% | 0.99% | 0.97% | 0.94% | 1.00% | 0.07% | 1.01% | 0.55% | 1.03% | 1.06% | 0.99% | 1.00% | 1.00% | 0.99% | 0.95% | 1.00% | 0.98% | 0.99% |
Webster Financial's average Quarter revenue forecast for Mar 24 based on 4 analysts is $680.72M, with a low forecast of $680.72M, and a high forecast of $680.72M. WBS's average Quarter revenue forecast represents a -31.72% decrease compared to the company's last Quarter revenue of $996.96M (Dec 23).
Webster Financial EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 8 | 4 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 9 | 9 | 9 | 9 | 13 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $8.62M | $287.34M | $656.38M | $531.98M | $462.62M | $360.44M | $273.01M | $386.36M | $293.22M | $143.87M | $147.06M | $160.45M | $103.47M | $116.89M | $104.81M | $102.08M | $176.54M | $182.15M |
| Avg Forecast | $234.56M | $231.72M | $226.90M | $222.34M | $222.34M | $216.80M | $212.03M | $207.63M | $208.80M | $206.63M | $206.42M | $157.50M | $207.03M | $209.19M | $210.63M | $143.18M | $215.77M | $196.38M | $183.25M | $130.17M | $93.67M | $90.52M | $90.39M | $102.90M | $89.89M | $90.29M | $91.69M | $131.77M | $94.33M | $95.96M |
| High Forecast | $252.59M | $249.53M | $244.34M | $239.43M | $239.43M | $233.46M | $228.32M | $215.61M | $215.05M | $207.17M | $206.42M | $189.00M | $211.85M | $225.27M | $226.82M | $171.82M | $258.93M | $196.38M | $183.25M | $156.20M | $93.67M | $90.52M | $90.39M | $123.48M | $89.89M | $90.29M | $91.69M | $158.12M | $94.33M | $95.96M |
| Low Forecast | $220.24M | $217.57M | $213.05M | $208.77M | $208.77M | $203.56M | $199.08M | $195.54M | $193.11M | $206.09M | $206.42M | $126.00M | $203.06M | $196.42M | $197.77M | $114.55M | $172.62M | $196.38M | $183.25M | $104.13M | $93.67M | $90.52M | $90.39M | $82.32M | $89.89M | $90.29M | $91.69M | $105.42M | $94.33M | $95.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.04% | 1.37% | 3.12% | 3.72% | 2.14% | 1.84% | 1.49% | 2.97% | 3.13% | 1.59% | 1.63% | 1.56% | 1.15% | 1.29% | 1.14% | 0.77% | 1.87% | 1.90% |
4 analysts predict WBS's average Quarter EBITDA for Mar 24 to be $157.50M, with a high of $189.00M and a low of $126.00M. This is 1727.57% upper than Webster Financial's previous annual EBITDA (Dec 23) of $8.62M.
Webster Financial Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 8 | 4 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 9 | 9 | 9 | 9 | 13 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $185.39M | $226.47M | $234.97M | $221.00M | $244.75M | $233.97M | $182.31M | $-16.75M | $111.04M | $95.71M | $94.03M | $108.08M | $60.04M | $69.28M | $53.10M | $38.20M | $90.47M | $93.86M |
| Avg Forecast | $293.07M | $283.86M | $273.16M | $262.12M | $266.34M | $251.40M | $237.57M | $223.72M | $228.28M | $227.76M | $227.06M | $106.09M | $250.82M | $253.54M | $247.49M | $96.45M | $81.71M | $238.48M | $212.80M | $87.68M | $181.76M | $182.95M | $169.18M | $69.31M | $125.51M | $112.31M | $78.99M | $49.31M | $164.61M | $171.02M |
| High Forecast | $322.36M | $312.22M | $300.46M | $288.31M | $292.96M | $276.52M | $261.31M | $235.58M | $236.73M | $228.05M | $227.62M | $127.31M | $264.56M | $262.39M | $272.22M | $115.74M | $98.05M | $238.48M | $221.09M | $105.21M | $181.76M | $182.95M | $170.51M | $83.17M | $125.51M | $112.31M | $78.99M | $59.17M | $164.61M | $171.02M |
| Low Forecast | $269.81M | $261.33M | $251.48M | $241.32M | $245.20M | $231.45M | $218.72M | $199.99M | $216.44M | $227.47M | $226.50M | $84.87M | $225.05M | $244.69M | $227.85M | $77.16M | $65.37M | $238.48M | $204.51M | $70.14M | $181.76M | $182.95M | $167.85M | $55.45M | $125.51M | $112.31M | $78.99M | $39.45M | $164.61M | $171.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 0.89% | 0.95% | 2.29% | 3.00% | 0.98% | 0.86% | -0.19% | 0.61% | 0.52% | 0.56% | 1.56% | 0.48% | 0.62% | 0.67% | 0.77% | 0.55% | 0.55% |
Webster Financial's average Quarter net income forecast for Mar 24 is $106.09M, with a range of $84.87M to $127.31M. WBS's average Quarter net income forecast represents a -42.78% decrease compared to the company's last Quarter net income of $185.39M (Dec 23).
Webster Financial SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 8 | 4 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 9 | 9 | 9 | 9 | 13 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $198.45M | $192.19M | $189.00M | $190.13M | $185.93M | $197.84M | $192.73M | $116.12M | $112.93M | $104.73M | $114.06M | $130.61M | $112.08M | $108.03M | $110.11M | $109.09M | $107.79M |
| Avg Forecast | $248.39M | $245.38M | $240.28M | $235.45M | $235.45M | $229.58M | $224.53M | $219.87M | $221.12M | $218.82M | $218.59M | $111.96M | $219.23M | $221.53M | $223.05M | $101.78M | $85.45M | $207.96M | $194.05M | $92.53M | $99.20M | $95.86M | $95.72M | $73.15M | $95.19M | $95.61M | $97.10M | $142.15M | $99.89M | $101.62M |
| High Forecast | $267.48M | $264.24M | $258.75M | $253.55M | $253.55M | $247.23M | $241.79M | $228.32M | $227.73M | $219.39M | $218.59M | $134.36M | $224.34M | $238.55M | $240.19M | $122.14M | $102.54M | $207.96M | $194.05M | $111.04M | $99.20M | $95.86M | $95.72M | $87.78M | $95.19M | $95.61M | $97.10M | $170.58M | $99.89M | $101.62M |
| Low Forecast | $233.22M | $230.40M | $225.61M | $221.08M | $221.08M | $215.57M | $210.82M | $207.07M | $204.49M | $218.25M | $218.59M | $89.57M | $215.04M | $208.00M | $209.43M | $81.43M | $68.36M | $207.96M | $194.05M | $74.02M | $99.20M | $95.86M | $95.72M | $58.52M | $95.19M | $95.61M | $97.10M | $113.72M | $99.89M | $101.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.86% | 1.86% | 2.23% | 0.89% | 1.02% | 2.08% | 1.17% | 1.18% | 1.09% | 1.56% | 1.37% | 1.17% | 1.11% | 0.77% | 1.09% | 1.06% |
Webster Financial's average Quarter SG&A projection for Dec 23 is $219.23M, based on 8 Wall Street analysts, with a range of $215.04M to $224.34M. The forecast indicates a 10.47% rise compared to WBS last annual SG&A of $198.45M (Sep 23).
Webster Financial EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 8 | 4 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 9 | 9 | 9 | 9 | 13 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.09 | $1.29 | $1.32 | $1.24 | $1.38 | $1.31 | $1.00 | $-0.11 | $1.23 | $1.03 | $1.02 | $1.18 | $0.64 | $0.75 | $0.57 | $0.40 | $0.96 | $1.00 |
| Avg Forecast | $1.73 | $1.67 | $1.61 | $1.54 | $1.57 | $1.48 | $1.40 | $1.32 | $1.34 | $1.34 | $1.34 | $1.41 | $1.48 | $1.49 | $1.46 | $1.57 | $1.66 | $1.40 | $1.25 | $1.10 | $1.07 | $1.08 | $1.00 | $0.91 | $0.74 | $0.66 | $0.46 | $0.56 | $0.97 | $1.01 |
| High Forecast | $1.90 | $1.84 | $1.77 | $1.70 | $1.72 | $1.63 | $1.54 | $1.39 | $1.39 | $1.34 | $1.34 | $1.41 | $1.56 | $1.54 | $1.60 | $1.73 | $1.83 | $1.40 | $1.30 | $1.10 | $1.07 | $1.08 | $1.00 | $0.91 | $0.74 | $0.66 | $0.46 | $0.56 | $0.97 | $1.01 |
| Low Forecast | $1.59 | $1.54 | $1.48 | $1.42 | $1.44 | $1.36 | $1.29 | $1.18 | $1.27 | $1.34 | $1.33 | $1.41 | $1.32 | $1.44 | $1.34 | $1.45 | $1.53 | $1.40 | $1.20 | $1.10 | $1.07 | $1.08 | $0.99 | $0.91 | $0.74 | $0.66 | $0.46 | $0.56 | $0.97 | $1.01 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 0.86% | 0.91% | 0.79% | 0.83% | 0.93% | 0.80% | -0.10% | 1.15% | 0.96% | 1.02% | 1.30% | 0.87% | 1.13% | 1.23% | 0.72% | 0.99% | 0.99% |
According to 4 Wall Street analysts, Webster Financial's projected average Quarter EPS for Mar 24 is $1.41, with a low estimate of $1.41 and a high estimate of $1.41. This represents a 29.22% increase compared to WBS previous annual EPS of $1.09 (Dec 23).
Webster Financial Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LBAI | Lakeland Bancorp | $13.43 | $20.00 | 48.92% | Strong Buy |
| HONE | HarborOne Bancorp | $13.13 | $14.00 | 6.63% | Hold |
| FNB | F.N.B. | $16.65 | $17.50 | 5.11% | Buy |
| WBS | Webster Financial | $59.84 | $60.17 | 0.55% | Buy |
| WABC | Westamerica Ban | $57.13 | $57.00 | -0.23% | Hold |
| TRMK | Trustmark | $38.76 | $37.50 | -3.25% | Hold |
| UMBF | UMB Financial | $123.80 | $113.25 | -8.52% | Hold |
| ABCB | Ameris Bancorp | $69.98 | $60.50 | -13.55% | Buy |
| TCBI | Texas Capital Bancshares | $89.11 | $76.20 | -14.49% | Buy |
| FGBI | First Guaranty Bancshares | $11.41 | $9.50 | -16.74% | Sell |