WSFS Financial (WSFS) Given Daily News Sentiment Score of 0.03

News articles about WSFS Financial (NASDAQ:WSFS) have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. WSFS Financial earned a news sentiment score of 0.03 on Accern’s scale. Accern also gave headlines about the bank an impact score of 46.0723501637834 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:

Several equities analysts recently issued reports on WSFS shares. Boenning Scattergood reaffirmed a “buy” rating on shares of WSFS Financial in a research report on Wednesday, February 28th. BidaskClub raised WSFS Financial from a “strong sell” rating to a “sell” rating in a research report on Friday, March 16th. Zacks Investment Research raised WSFS Financial from a “hold” rating to a “buy” rating and set a $58.00 price target on the stock in a report on Friday, April 27th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $56.00 price target on shares of WSFS Financial in a report on Tuesday, February 27th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $56.67.

Shares of NASDAQ WSFS traded down $0.05 during midday trading on Tuesday, hitting $54.90. 558 shares of the stock traded hands, compared to its average volume of 90,327. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 21.45, a PEG ratio of 1.35 and a beta of 1.25. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.04 and a quick ratio of 1.04. WSFS Financial has a one year low of $42.45 and a one year high of $55.05.

WSFS Financial (NASDAQ:WSFS) last released its quarterly earnings results on Monday, April 23rd. The bank reported $0.76 earnings per share for the quarter, meeting the consensus estimate of $0.76. The firm had revenue of $105.18 million for the quarter, compared to analysts’ expectations of $88.90 million. WSFS Financial had a return on equity of 12.03% and a net margin of 19.23%. equities research analysts anticipate that WSFS Financial will post 3.35 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, May 25th. Stockholders of record on Friday, May 11th were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 0.80%. This is a boost from WSFS Financial’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Thursday, May 10th. WSFS Financial’s dividend payout ratio is presently 17.19%.

In related news, CEO Mark A. Turner sold 55,214 shares of the firm’s stock in a transaction on Thursday, June 7th. The stock was sold at an average price of $54.10, for a total value of $2,987,077.40. Following the transaction, the chief executive officer now directly owns 137,136 shares of the company’s stock, valued at approximately $7,419,057.60. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Mark A. Turner sold 12,026 shares of the firm’s stock in a transaction on Tuesday, May 15th. The stock was sold at an average price of $51.07, for a total value of $614,167.82. Following the completion of the transaction, the chief executive officer now directly owns 143,662 shares in the company, valued at $7,336,818.34. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 132,544 shares of company stock worth $7,001,968. 5.73% of the stock is owned by insiders.

About WSFS Financial

WSFS Financial Corporation operates as the savings and loan holding company for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. It operates through three segments: WSFS Bank, Cash Connect, and Wealth Management. The company offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as jumbo certificates of deposit.

Insider Buying and Selling by Quarter for WSFS Financial (NASDAQ:WSFS)

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