News headlines about WesBanco (NASDAQ:WSBC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. WesBanco earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 47.2472778610845 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern’s scoring:
- 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)
- WesBanco, Inc. to Host 2017 Fourth Quarter Earnings Conference Call and Webcast on Wednesday, January 24 (finance.yahoo.com)
- Head to Head Comparison: WesBanco (WSBC) versus Its Competitors (americanbankingnews.com)
WSBC has been the subject of several analyst reports. Keefe, Bruyette & Woods restated a “hold” rating and issued a $41.00 target price on shares of WesBanco in a research note on Tuesday, October 3rd. Sandler O’Neill downgraded shares of WesBanco from a “buy” rating to a “hold” rating in a research note on Friday, October 20th. Zacks Investment Research upgraded shares of WesBanco from a “sell” rating to a “hold” rating in a research note on Thursday, November 16th. B. Riley set a $40.00 target price on shares of WesBanco and gave the company a “hold” rating in a research note on Tuesday, November 14th. Finally, Boenning Scattergood restated a “hold” rating on shares of WesBanco in a research note on Tuesday, November 14th. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $42.80.
WesBanco (NASDAQ:WSBC) last posted 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). WesBanco had a net margin of 24.73% and a return on equity of 7.66%. The company had revenue of $95.15 million for the quarter, compared to the consensus estimate of $98.37 million. During the same quarter last year, the company earned $0.60 earnings per share. equities research analysts predict that WesBanco will post 2.41 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Friday, December 8th were paid a dividend of $0.26 per share. The ex-dividend date was Thursday, December 7th. This represents a $1.04 dividend on an annualized basis and a yield of 2.55%. WesBanco’s dividend payout ratio (DPR) is 44.44%.
In other WesBanco news, Director F Eric Nelson, Jr. sold 12,500 shares of the stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $42.06, for a total transaction of $525,750.00. Following the transaction, the director now directly owns 29,717 shares in the company, valued at approximately $1,249,897.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 4.05% of the company’s stock.
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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