News coverage about WesBanco (NASDAQ:WSBC) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. WesBanco earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 45.9396265307948 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
WesBanco (NASDAQ:WSBC) opened at $40.70 on Friday. WesBanco has a 1-year low of $34.81 and a 1-year high of $44.19. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $1,827.82, a PE ratio of 17.37, a P/E/G ratio of 1.72 and a beta of 1.00.
WesBanco (NASDAQ:WSBC) last posted its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.03). WesBanco had a return on equity of 7.66% and a net margin of 24.73%. The business had revenue of $95.15 million for the quarter, compared to the consensus estimate of $98.37 million. During the same quarter in the previous year, the business posted $0.60 EPS. analysts forecast that WesBanco will post 2.41 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 8th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date of this dividend is Thursday, December 7th. WesBanco’s dividend payout ratio is presently 44.44%.
WSBC has been the topic of several research analyst reports. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $41.00 price objective on shares of WesBanco in a research note on Tuesday, October 3rd. Sandler O’Neill downgraded WesBanco from a “buy” rating to a “hold” rating in a research note on Friday, October 20th. Boenning Scattergood reissued a “hold” rating on shares of WesBanco in a research note on Friday, October 20th. DA Davidson set a $47.00 price target 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. Finally, FBR & Co set a $40.00 target price on WesBanco and gave the company a “hold” rating in a research report on Friday, October 20th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $42.00.
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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.
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