Shares of Finance sector company Webster Financial moved -0.2% today, and are now trading at a price of $50.95. The mid-cap stock's daily volume was 435,272 compared to its average volume of 1,439,230. The S&P 500 index returned a 1.0% performance.
Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of financial services to individuals, families, and businesses in the United States. The company is based in Stamford and has 4,065 full time employees. Its market capitalization is $8,766,253,056. Webster Financial currently offers its equity investors a dividend that yields 3.1% per year.
14 analysts are following Webster Financial and have set target prices ranging from $43.0 to $60.0 per share. On average, they have given the company a rating of buy. At today's prices, WBS is trading 0.61% away from its average analyst target price of $50.64 per share.
Over the last year, WBS's share price has increased by 12.6%, which represents a difference of -11.0% when compared to the S&P 500. The stock's 52 week high is $56.0 per share whereas its 52 week low is $31.03. With average free cash flows of $695.82 Million that have been growing at an average rate of 27.7% over the last 6 years, Webster Financial is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 1,166,121 | 44,216 | 1,121,905 | -14.17 |
| 2022 | 1,335,952 | 28,762 | 1,307,190 | 94.52 |
| 2021 | 688,592 | 16,589 | 672,003 | 87.05 |
| 2020 | 380,549 | 21,280 | 359,269 | 29.17 |
| 2019 | 303,850 | 25,717 | 278,133 | -36.27 |
| 2018 | 469,408 | 32,958 | 436,450 |
