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Washington Trust Bancorp, Inc is a banks-regional business based in the US. Washington Trust Bancorp shares (WASH) are listed on the NASDAQ and all prices are listed in US Dollars.
|52-week range||USD$25.7702 - USD$48.8861|
|50-day moving average||USD$46.1236|
|200-day moving average||USD$39.056|
|Wall St. target price||USD$49|
|Dividend yield||USD$2.05 (4.26%)|
|Earnings per share (TTM)||USD$4|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Valuing Washington Trust Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Washington Trust Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Washington Trust Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Washington Trust Bancorp shares trade at around 12x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Washington Trust Bancorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.01. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Washington Trust Bancorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||USD$214.5 million|
|Operating margin TTM||43.49%|
|Gross profit TTM||USD$214.5 million|
|Return on assets TTM||1.27%|
|Return on equity TTM||13.46%|
|Market capitalisation||USD$831.8 million|
TTM: trailing 12 months
There are currently 333,790 Washington Trust Bancorp shares held short by investors – that's known as Washington Trust Bancorp's "short interest". This figure is 11% up from 300,828 last month.
There are a few different ways that this level of interest in shorting Washington Trust Bancorp shares can be evaluated.
Washington Trust Bancorp's "short interest ratio" (SIR) is the quantity of Washington Trust Bancorp shares currently shorted divided by the average quantity of Washington Trust Bancorp shares traded daily (recently around 57949.652777778). Washington Trust Bancorp's SIR currently stands at 5.76. In other words for every 100,000 Washington Trust Bancorp shares traded daily on the market, roughly 5760 shares are currently held short.
However Washington Trust Bancorp's short interest can also be evaluated against the total number of Washington Trust Bancorp shares, or, against the total number of tradable Washington Trust Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Washington Trust Bancorp's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Washington Trust Bancorp shares in existence, roughly 20 shares are currently held short) or 0.0225% of the tradable shares (for every 100,000 tradable Washington Trust Bancorp shares, roughly 23 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Washington Trust Bancorp.
Find out more about how you can short Washington Trust Bancorp stock.
Dividend payout ratio: 51% of net profits
Recently Washington Trust Bancorp has paid out, on average, around 51% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.33% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Washington Trust Bancorp shareholders could enjoy a 4.33% return on their shares, in the form of dividend payments. In Washington Trust Bancorp's case, that would currently equate to about $2.05 per share.
Washington Trust Bancorp's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Washington Trust Bancorp's most recent dividend payout was on 8 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 31 December 2020 (the "ex-dividend date").
Washington Trust Bancorp's shares were split on a 3:2 basis on 4 August 1998. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Washington Trust Bancorp shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Washington Trust Bancorp shares which in turn could have impacted Washington Trust Bancorp's share price.
Over the last 12 months, Washington Trust Bancorp's shares have ranged in value from as little as $25.7702 up to $48.8861. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Washington Trust Bancorp's is 0.7583. This would suggest that Washington Trust Bancorp's shares are less volatile than average (for this exchange).
Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that offers various financial services to individuals and businesses. The company operates in two segments, Commercial Banking and Wealth Management Services. The Commercial Banking segment provides various commercial and retail lending products, which include commercial real estate loans consisting of commercial mortgages and construction loans; commercial and industrial loans; residential real estate loans consists of mortgage and homeowner construction loans; and consumer loans comprising home equity loans and lines of credit, personal installment loans, and loans to individuals secured by general aviation aircraft. This segment also offers deposit accounts, including interest-bearing and noninterest-bearing demand deposits, NOW and savings accounts, money market and retirement deposit accounts, and time deposits, as well as debit card, automated teller machines, telephone, internet, mobile banking, remote deposit capture, and other cash management services. The Wealth Management Services segment provides investment management; financial planning; personal trust and estate services, such as trustee, personal representative, custodian, and guardian; and settlement of decedents' estates, as well as institutional trust services comprising custody and fiduciary services. This segment serves personal and institutional clients. The company also operates as a licensed broker-dealer that offers variable annuities and college savings plans. As of December 31, 2019, it had 10 branch offices located in southern Rhode Island; 12 branch offices located in the greater Providence area in Rhode Island; and one branch office located in southeastern Connecticut. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island.
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