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How to buy Western New England Bancorp stock | $6.63

Own Western New England Bancorp stock in just a few minutes.

Fact checked

Western New England Bancorp, Inc is a banks-regional business based in the US. Western New England Bancorp shares (WNEB) are listed on the NASDAQ and all prices are listed in US Dollars. Western New England Bancorp employs 274 staff and has a trailing 12-month revenue of around USD$61.6 million.

How to buy shares in Western New England Bancorp

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Western New England Bancorp. Find the stock by name or ticker symbol: WNEB. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Western New England Bancorp reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$6.63, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Western New England Bancorp, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Western New England Bancorp. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Western New England Bancorp share price

Use our graph to track the performance of WNEB stocks over time.

Western New England Bancorp shares at a glance

Information last updated 2021-01-21.
Latest market closeUSD$6.63
52-week rangeUSD$4.3283 - USD$9.2691
50-day moving average USD$6.7403
200-day moving average USD$6.0246
Wall St. target priceUSD$7.67
PE ratio 17.4803
Dividend yield USD$0.2 (2.99%)
Earnings per share (TTM) USD$0.381

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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.

Is it a good time to buy Western New England Bancorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

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.

Western New England Bancorp price performance over time

Historical closes compared with the close of $6.63 from 2021-01-11

1 week (2021-01-12) N/A
1 month (2020-12-19) N/A
3 months (2020-10-19) N/A
6 months (2020-07-19) N/A
1 year (2020-01-19) N/A
2 years (2019-01-19) N/A
3 years (2018-01-19) N/A
5 years (2016-01-19) N/A

Is Western New England Bancorp under- or over-valued?

Valuing Western New England Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Western New England Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Western New England Bancorp's P/E ratio

Western New England 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 17x. In other words, Western New England Bancorp shares trade at around 17x 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.

Western New England Bancorp's PEG ratio

Western New England Bancorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.63. 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 Western New England 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.

Western New England Bancorp financials

Revenue TTM USD$61.6 million
Operating margin TTM 21.13%
Gross profit TTM USD$65 million
Return on assets TTM 0.41%
Return on equity TTM 4.17%
Profit margin 15.65%
Book value $9.229
Market capitalisation USD$170 million

TTM: trailing 12 months

Shorting Western New England Bancorp shares

There are currently 267,005 Western New England Bancorp shares held short by investors – that's known as Western New England Bancorp's "short interest". This figure is 8.7% up from 245,725 last month.

There are a few different ways that this level of interest in shorting Western New England Bancorp shares can be evaluated.

Western New England Bancorp's "short interest ratio" (SIR)

Western New England Bancorp's "short interest ratio" (SIR) is the quantity of Western New England Bancorp shares currently shorted divided by the average quantity of Western New England Bancorp shares traded daily (recently around 47679.464285714). Western New England Bancorp's SIR currently stands at 5.6. In other words for every 100,000 Western New England Bancorp shares traded daily on the market, roughly 5600 shares are currently held short.

However Western New England Bancorp's short interest can also be evaluated against the total number of Western New England Bancorp shares, or, against the total number of tradable Western New England Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Western New England Bancorp's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Western New England Bancorp shares in existence, roughly 10 shares are currently held short) or 0.0119% of the tradable shares (for every 100,000 tradable Western New England Bancorp shares, roughly 12 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 Western New England Bancorp.

Find out more about how you can short Western New England Bancorp stock.

Western New England Bancorp share dividends

54%

Dividend payout ratio: 54.05% of net profits

Recently Western New England Bancorp has paid out, on average, around 54.05% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.99% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Western New England Bancorp shareholders could enjoy a 2.99% return on their shares, in the form of dividend payments. In Western New England Bancorp's case, that would currently equate to about $0.2 per share.

Western New England 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.

Western New England Bancorp's most recent dividend payout was on 25 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 9 November 2020 (the "ex-dividend date").

Have Western New England Bancorp's shares ever split?

Western New England Bancorp's shares were split on a 328138:100 basis on 4 January 2007. So if you had owned 100 shares the day before before the split, the next day you'd have owned 328138 shares. This wouldn't directly have changed the overall worth of your Western New England Bancorp shares – just the quantity. However, indirectly, the new 100% lower share price could have impacted the market appetite for Western New England Bancorp shares which in turn could have impacted Western New England Bancorp's share price.

Western New England Bancorp share price volatility

Over the last 12 months, Western New England Bancorp's shares have ranged in value from as little as $4.3283 up to $9.2691. 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 Western New England Bancorp's is 0.3435. This would suggest that Western New England Bancorp's shares are less volatile than average (for this exchange).

Western New England Bancorp overview

Western New England Bancorp, Inc. operates as the holding company for Westfield Bank that provides commercial and retail banking products and services to individuals and businesses. The company accepts various deposit accounts, including checking, savings, business and municipal savings, money market and business sweep, and individual retirement accounts; time deposits; term certificates of deposit; and interest on lawyers trust accounts. It also offers commercial real estate loans; commercial construction loans; commercial and industrial loans, such as revolving lines of credit, working capital loans, equipment financing and term loans; residential real estate loans; home equity loans; and consumer loans. In addition, the company provides automated teller machines (ATM), telephone and online banking, remote deposit capture, cash management services, overdraft facilities, night deposit services, and safe deposit facilities. As of December 31, 2019, it operated a network of 22 banking offices, 25 free-standing ATMs, and 23 seasonal or temporary ATMS located in Agawam, Chicopee, Feeding Hills, East Longmeadow, Holyoke, Ludlow, South Hadley, Southwick, Springfield, Ware, West Springfield and Westfield, Massachusetts and Granby and Enfield, Connecticut. The company was formerly known as Westfield Financial, Inc. and changed its name to Western New England Bancorp, Inc. in October 2016. Western New England Bancorp, Inc. was founded in 1853 and is headquartered in Westfield, Massachusetts.

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