Washington Trust Bancorp (WASH) Earns Coverage Optimism Rating of 0.26

News stories about Washington Trust Bancorp (NASDAQ:WASH) have been trending positive recently, according to Accern. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Washington Trust Bancorp earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 45.9304034950733 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

WASH has been the topic of a number of recent analyst reports. BidaskClub cut shares of Washington Trust Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, December 9th. Compass Point raised shares of Washington Trust Bancorp from a “neutral” rating to a “buy” rating in a research note on Monday, December 18th.

Washington Trust Bancorp (WASH) opened at $53.10 on Thursday. The stock has a market cap of $899.25, a P/E ratio of 20.04 and a beta of 0.75. The company has a debt-to-equity ratio of 2.02, a current ratio of 1.09 and a quick ratio of 1.09. Washington Trust Bancorp has a one year low of $47.00 and a one year high of $59.10.

Washington Trust Bancorp (NASDAQ:WASH) last announced its quarterly earnings data on Tuesday, January 30th. The financial services provider reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.07. The business had revenue of $47.10 million for the quarter. Washington Trust Bancorp had a net margin of 21.38% and a return on equity of 12.82%.

In related news, Director John F. Treanor sold 5,500 shares of Washington Trust Bancorp stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $55.94, for a total value of $307,670.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 2.58% of the company’s stock.

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Washington Trust Bancorp Company Profile

Washington Trust Bancorp, Inc is a bank holding company and financial holding company. The Company is a holding company of The Washington Trust Company, of Westerly (the Bank), a Rhode Island chartered commercial bank. The Company operates through two business segments: Commercial Banking and Wealth Management Services.

Insider Buying and Selling by Quarter for Washington Trust Bancorp (NASDAQ:WASH)

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