On 2016-07-26, Webster Financial Corporation (NYSE:WBS) confirmed the dividend disbursement of $0.25 a share to shareholders as on record 2016-08-08. The firm will release dividend on 2016-08-22 while ex-dividend date is reported to be 2016-08-04.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Webster Financial Corporation (NYSE:WBS) paid a total of $0.25 per share in dividends. This figure stood at $0.25 a share in the same period a year ago indicating a deviation of 18.6667%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $35.785 on the stock. This figure is the average of recommendations offered by 7 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $39 and $33.5, respectively.
Taking the mathematical rating formula, the price for Webster Financial Corporation (NYSE:WBS) stands at 2.53. Earnings Review Webster Financial Corporation (NYSE:WBS) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-20. For the period ending on 2016-09-30, experts are expecting EPS of $0.54.
Coming to the quarter ending on 2015-12-31, Webster Financial Corporation (NYSE:WBS) recorded EPS of $0.53. The reported numbers came lower than the analysts’ estimates of $0.52, demonstrating a miss of $0.01 as against reported figures.
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