Media coverage about WesBanco (NASDAQ:WSBC) has trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. WesBanco earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.0363508943819 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s scoring:
- B. Riley Analysts Increase Earnings Estimates for WesBanco Inc (WSBC) (americanbankingnews.com)
- Zacks: Brokerages Anticipate WesBanco Inc (WSBC) Will Announce Quarterly Sales of $98.28 Million (americanbankingnews.com)
- WesBanco Inc (WSBC) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Comparing WesBanco (WSBC) & Its Peers (americanbankingnews.com)
- WesBanco (WSBC) Rating Increased to Buy at Zacks Investment Research (americanbankingnews.com)
Several analysts recently weighed in on WSBC shares. DA Davidson set a $47.00 price objective on WesBanco and gave the company a “buy” rating in a research note on Friday, October 20th. They noted that the move was a valuation call. FBR & Co set a $40.00 price objective on WesBanco and gave the company a “hold” rating in a research note on Friday, October 20th. BidaskClub lowered WesBanco from a “buy” rating to a “hold” rating in a research note on Saturday, December 9th. B. Riley set a $40.00 price objective on WesBanco and gave the stock a “hold” rating in a research report on Tuesday, November 14th. Finally, Boenning Scattergood restated a “hold” rating on shares of WesBanco in a research report on Friday, October 20th. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $42.80.
Shares of WesBanco (NASDAQ WSBC) traded up $0.20 during trading on Friday, reaching $42.60. The company’s stock had a trading volume of 99,132 shares, compared to its average volume of 97,667. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.85. WesBanco has a 12-month low of $34.81 and a 12-month high of $43.77. The firm has a market capitalization of $1,890.00, a PE ratio of 18.28, a PEG ratio of 1.50 and a beta of 1.00.
WesBanco (NASDAQ:WSBC) last announced its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.60 EPS for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.03). The firm had revenue of $95.15 million during the quarter, compared to analyst estimates of $98.37 million. WesBanco had a net margin of 24.73% and a return on equity of 7.66%. During the same period last year, the business posted $0.60 EPS. analysts expect that WesBanco will post 2.41 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Friday, December 8th were given a dividend of $0.26 per share. The ex-dividend date was Thursday, December 7th. This represents a $1.04 annualized dividend and a dividend yield of 2.44%. WesBanco’s payout ratio is 44.64%.
In related news, Director F Eric Nelson, Jr. sold 12,500 shares of WesBanco stock in a transaction that occurred on Thursday, December 21st. The stock was sold at an average price of $42.06, for a total transaction of $525,750.00. Following the transaction, the director now owns 29,717 shares of the company’s stock, valued at $1,249,897.02. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.05% of the stock is owned by insiders.
WesBanco Company Profile
WesBanco, Inc (WesBanco) is a bank holding company. The Company offers a range of financial services, including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking and insurance. WesBanco offers its services through two segments: community banking, which offers services, such as commercial demand, individual demand and time deposit accounts, as well as commercial, mortgage and individual installment loans, and trust and investment services, which offers trust services, as well as various alternative investment products, including mutual funds.
Receive News & Ratings for WesBanco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WesBanco and related companies with MarketBeat.com's FREE daily email newsletter.