Headlines about WSFS Financial (NASDAQ:WSFS) have trended positive recently, according to AlphaOne Sentiment Analysis. The research group, a unit of Accern, scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. WSFS Financial earned a media sentiment score of 0.41 on AlphaOne’s scale. AlphaOne also gave news stories about the bank an impact score of 17 out of 100, meaning that recent media coverage is very unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have impacted AlphaOne Sentiment’s rankings:
A number of equities analysts have recently issued reports on the company. Keefe, Bruyette & Woods downgraded WSFS Financial from an “outperform” rating to a “mkt perform” rating in a research note on Tuesday, May 2nd. Zacks Investment Research cut WSFS Financial from a “buy” rating to a “hold” rating in a report on Thursday, May 4th. Finally, DA Davidson began coverage on WSFS Financial in a report on Monday, March 6th. They issued a “buy” rating and a $55.00 price target on the stock.
WSFS Financial (NASDAQ WSFS) opened at 47.05 on Friday. WSFS Financial has a 52-week low of $30.56 and a 52-week high of $50.55. The firm has a 50-day moving average price of $45.74 and a 200 day moving average price of $45.45. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 22.07 and a beta of 1.22.
WSFS Financial (NASDAQ:WSFS) last released its earnings results on Thursday, April 27th. The bank reported $0.59 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.59. The business had revenue of $81.20 million during the quarter, compared to the consensus estimate of $80.53 million. WSFS Financial had a net margin of 23.32% and a return on equity of 10.92%. During the same quarter last year, the firm earned $0.53 earnings per share. On average, equities research analysts predict that WSFS Financial will post $2.59 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, May 26th. Investors of record on Friday, May 12th were given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date was Wednesday, May 10th. WSFS Financial’s dividend payout ratio (DPR) is currently 13.53%.
In other WSFS Financial news, Director Francis B. Brake acquired 2,700 shares of the company’s stock in a transaction on Tuesday, May 2nd. The stock was acquired at an average price of $46.95 per share, for a total transaction of $126,765.00. Following the purchase, the director now directly owns 5,932 shares of the company’s stock, valued at $278,507.40. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP S James Mazarakis sold 2,202 shares of WSFS Financial stock in a transaction dated Tuesday, May 23rd. The stock was sold at an average price of $44.50, for a total transaction of $97,989.00. Following the completion of the sale, the executive vice president now owns 43,828 shares of the company’s stock, valued at approximately $1,950,346. The disclosure for this sale can be found here. In the last ninety days, insiders sold 18,557 shares of company stock valued at $843,747. 4.17% of the stock is owned by insiders.
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About WSFS Financial
WSFS Financial Corporation is a savings and loan holding company. The Company’s subsidiary is Wilmington Savings Fund Society, FSB (WSFS Bank or the Bank), which is the bank and trust company. It operates in three segments: WSFS Bank, Cash Connect and Wealth Management. The WSFS Bank segment provides loans and other financial products to commercial and retail customers.
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