Washington Trust Bancorp Statistics
Total Valuation
WASH has a market cap or net worth of $474.70 million. The enterprise value is $1.67 billion.
| Market Cap | 474.70M |
| Enterprise Value | 1.67B |
Important Dates
The last earnings date was Monday, April 22, 2024, before market open.
| Earnings Date | Apr 22, 2024 |
| Ex-Dividend Date | Mar 28, 2024 |
Share Statistics
WASH has 17.05 million shares outstanding. The number of shares has decreased by -0.56% in one year.
| Shares Outstanding | 17.05M |
| Shares Change (YoY) | -0.56% |
| Shares Change (QoQ) | +0.09% |
| Owned by Insiders (%) | 1.53% |
| Owned by Institutions (%) | 68.40% |
| Float | 16.71M |
Valuation Ratios
The trailing PE ratio is 10.25 and the forward PE ratio is 12.53. WASH's PEG ratio is 4.01.
| PE Ratio | 10.25 |
| Forward PE | 12.53 |
| PS Ratio | 2.51 |
| Forward PS | 3.35 |
| PB Ratio | 1.01 |
| P/FCF Ratio | 26.42 |
| PEG Ratio | 4.01 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 28.27, with an EV/FCF ratio of 92.93.
| EV / Earnings | 36.04 |
| EV / Sales | 8.84 |
| EV / EBITDA | 28.27 |
| EV / EBIT | 30.81 |
| EV / FCF | 92.93 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 2.77 |
| Debt / EBITDA | 21.96 |
| Debt / FCF | 72.21 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 10.10% and return on invested capital (ROIC) is 2.63%.
| Return on Equity (ROE) | 10.10% |
| Return on Assets (ROA) | 0.60% |
| Return on Capital (ROIC) | 2.63% |
| Revenue Per Employee | $283,444 |
| Profits Per Employee | $69,522 |
| Employee Count | 665 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, WASH has paid $7.83 million in taxes.
| Income Tax | 7.83M |
| Effective Tax Rate | 14.49% |
Stock Price Statistics
The stock price has increased by +14.37% in the last 52 weeks. The beta is 0.81, so WASH's price volatility has been lower than the market average.
| Beta (1Y) | 0.81 |
| 52-Week Price Change | +14.37% |
| 50-Day Moving Average | 25.93 |
| 200-Day Moving Average | 27.31 |
| Relative Strength Index (RSI) | 65.87 |
| Average Volume (30 Days) | 88,695 |
Short Selling Information
The latest short interest is 642,523, so 3.77% of the outstanding shares have been sold short.
| Short Interest | 642,523 |
| Short Previous Month | 575,974 |
| Short % of Shares Out | 3.77% |
| Short % of Float | 3.84% |
| Short Ratio (days to cover) | 6.71 |
Income Statement
In the last 12 months, WASH had revenue of $188.49 million and earned $46.23 million in profits. Earnings per share was $2.71.
| Revenue | 188.49M |
| Gross Profit | 188.49M |
| Operating Income | 54.13M |
| Pretax Income | 54.07M |
| Net Income | 46.23M |
| EBITDA | 58.94M |
| EBIT | 54.07M |
| Earnings Per Share (EPS) | $2.71 |
Balance Sheet
The company has $102.14 million in cash and $1.29 billion in debt, giving a net cash position of -$1.19 billion or -$69.92 per share.
| Cash & Cash Equivalents | 102.14M |
| Total Debt | 1.29B |
| Net Cash | -1.19B |
| Net Cash Per Share | -$69.92 |
| Equity / Book Value | 466.92M |
| Book Value Per Share | 27.38 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $22.46 million and capital expenditures -$4.53 million, giving a free cash flow of $17.93 million.
| Operating Cash Flow | 22.46M |
| Capital Expenditures | -4.53M |
| Free Cash Flow | 17.93M |
| FCF Per Share | $1.05 |
Margins
Gross margin is 100.00%, with operating and profit margins of 28.72% and 24.53%.
| Gross Margin | 100.00% |
| Operating Margin | 28.72% |
| Pretax Margin | 28.68% |
| Profit Margin | 24.53% |
| EBITDA Margin | 31.27% |
| EBIT Margin | 28.68% |
| FCF Margin | 9.51% |
Dividends & Yields
This stock pays an annual dividend of $2.24, which amounts to a dividend yield of 8.06%.
| Dividend Per Share | $2.24 |
| Dividend Yield | 8.06% |
| Dividend Growth (YoY) | 1.82% |
| Years of Dividend Growth | 13 |
| Payout Ratio | 82.66% |
| Buyback Yield | 0.56% |
| Shareholder Yield | 8.63% |
| Earnings Yield | 9.76% |
| FCF Yield | 3.79% |
Analyst Forecast
The average price target for WASH is $26.00, which is -6.51% lower than the current price. The consensus rating is "Sell".
| Price Target | $26.00 |
| Price Target Difference | -6.51% |
| Analyst Consensus | Sell |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on August 4, 1998. It was a forward split with a ratio of 3:2.
| Last Split Date | Aug 4, 1998 |
| Split Type | Forward |
| Split Ratio | 3:2 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |