WesBanco (WSBC) to Release Earnings on Tuesday

WesBanco (NASDAQ:WSBC) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Tuesday, April 29th. Analysts expect WesBanco to post earnings of $0.58 per share and revenue of $206.63 million for the quarter.

WesBanco Trading Down 1.0 %

WesBanco stock opened at $29.55 on Monday. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.93 and a quick ratio of 0.93. The firm’s 50 day moving average price is $31.05 and its 200-day moving average price is $32.79. WesBanco has a 1 year low of $25.56 and a 1 year high of $37.36. The stock has a market cap of $1.98 billion, a P/E ratio of 13.19 and a beta of 0.76.

WesBanco Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 10th were issued a $0.37 dividend. The ex-dividend date was Monday, March 10th. This represents a $1.48 dividend on an annualized basis and a yield of 5.01%. WesBanco’s dividend payout ratio is currently 66.07%.

Analysts Set New Price Targets

WSBC has been the subject of a number of research analyst reports. Stephens restated an “equal weight” rating and set a $39.00 price objective on shares of WesBanco in a research report on Thursday, January 23rd. Raymond James cut their price target on WesBanco from $44.00 to $38.00 and set a “strong-buy” rating for the company in a report on Wednesday, April 2nd. DA Davidson upped their price objective on WesBanco from $44.00 to $45.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Keefe, Bruyette & Woods raised shares of WesBanco from a “market perform” rating to an “outperform” rating and raised their target price for the company from $40.00 to $44.00 in a report on Monday, February 10th. Finally, Piper Sandler began coverage on shares of WesBanco in a research note on Thursday, April 3rd. They set an “overweight” rating and a $37.00 price target on the stock. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, WesBanco presently has a consensus rating of “Moderate Buy” and an average target price of $39.43.

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.