Research Analysts Set Expectations for WesBanco Q1 Earnings

WesBanco, Inc. (NASDAQ:WSBC) – Stock analysts at DA Davidson dropped their Q1 2025 earnings per share estimates for WesBanco in a research note issued on Friday, March 21st. DA Davidson analyst M. Navas now anticipates that the financial services provider will post earnings per share of $0.61 for the quarter, down from their previous estimate of $0.71. DA Davidson currently has a “Buy” rating and a $45.00 target price on the stock. The consensus estimate for WesBanco’s current full-year earnings is $3.24 per share.

A number of other analysts also recently weighed in on WSBC. Stephens reissued an “equal weight” rating and issued a $39.00 price target on shares of WesBanco in a report on Thursday, January 23rd. StockNews.com upgraded shares of WesBanco from a “sell” rating to a “hold” rating in a research note on Tuesday, February 4th. Keefe, Bruyette & Woods upgraded WesBanco from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $40.00 to $44.00 in a research note on Monday, February 10th. Finally, Raymond James upgraded WesBanco from an “outperform” rating to a “strong-buy” rating and raised their price objective for the stock from $35.00 to $44.00 in a research report on Friday, December 6th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, WesBanco presently has an average rating of “Moderate Buy” and an average target price of $40.83.

WesBanco Trading Down 0.3 %

Shares of WesBanco stock opened at $32.25 on Monday. WesBanco has a 1 year low of $25.56 and a 1 year high of $37.36. The company’s fifty day simple moving average is $33.90 and its 200-day simple moving average is $32.98. The company has a market cap of $2.16 billion, a price-to-earnings ratio of 14.40 and a beta of 0.84. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.55.

WesBanco (NASDAQ:WSBC) last released its earnings results on Wednesday, January 22nd. The financial services provider reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.17. WesBanco had a return on equity of 6.30% and a net margin of 15.89%.

Hedge Funds Weigh In On WesBanco

Several hedge funds and other institutional investors have recently modified their holdings of WSBC. Intech Investment Management LLC acquired a new position in WesBanco during the third quarter worth $411,000. Landscape Capital Management L.L.C. acquired a new stake in shares of WesBanco during the 3rd quarter worth about $428,000. Cerity Partners LLC lifted its holdings in WesBanco by 3.0% during the 3rd quarter. Cerity Partners LLC now owns 30,049 shares of the financial services provider’s stock valued at $895,000 after purchasing an additional 867 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in WesBanco during the 3rd quarter valued at about $212,000. Finally, FMR LLC boosted its position in WesBanco by 25.8% in the third quarter. FMR LLC now owns 695,487 shares of the financial services provider’s stock valued at $20,712,000 after buying an additional 142,597 shares in the last quarter. Institutional investors own 61.41% of the company’s stock.

WesBanco Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 10th will be paid a $0.37 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.48 annualized dividend and a dividend yield of 4.59%. WesBanco’s dividend payout ratio is currently 66.07%.

WesBanco Company Profile

WesBanco, Inc operates as the bank holding company for WesBanco Bank, Inc that provides retail banking, corporate banking, personal and corporate trust, brokerage, mortgage banking, and insurance services to individuals and businesses in the United States. The company operates through two segments, Community Banking, and Trust and Investment Services.