Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $22.51 in the prior trading day, Associated Banc-Corp (NYSE: ASB) closed at $23.20, up 3.07%. In other words, the price has increased by $3.07 from its previous closing price. On the day, 1.53 million shares were traded. ASB stock price reached its highest trading level at $23.275 during the session, while it also had its lowest trading level at $22.86.
Ratios:
Our goal is to gain a better understanding of ASB by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.18.
On March 08, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $22.
Wells Fargo Downgraded its Overweight to Equal Weight on October 04, 2023, while the target price for the stock was maintained at $18.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 03 ’25 when KAMERICK EILEEN A sold 7,000 shares for $24.71 per share. The transaction valued at 172,970 led to the insider holds 49,495 shares of the business.
KAMERICK EILEEN A bought 7,000 shares of ASB for $172,970 on Mar 03 ’25. On Feb 14 ’25, another insider, WILLIAMS JOHN B, who serves as the Director of the company, sold 2,830 shares for $25.09 each. As a result, the insider received 71,014 and left with 66,915 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASB now has a Market Capitalization of 3842825216 and an Enterprise Value of 6144722944. As of this moment, Associated’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.87, and their Forward P/E ratio for the next fiscal year is 8.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.81 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 6.449.
Stock Price History:
The Beta on a monthly basis for ASB is 0.78, which has changed by 0.13060427 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, ASB has reached a high of $28.18, while it has fallen to a 52-week low of $19.76. The 50-Day Moving Average of the stock is -3.87%, while the 200-Day Moving Average is calculated to be 0.22%.
Shares Statistics:
The stock has traded on average 1.56M shares per day over the past 3-months and 2080490 shares per day over the last 10 days, according to various share statistics. A total of 166.18M shares are outstanding, with a floating share count of 163.86M. Insiders hold about 1.08% of the company’s shares, while institutions hold 87.16% stake in the company. Shares short for ASB as of 1740700800 were 4067352 with a Short Ratio of 2.60, compared to 1738281600 on 3944363. Therefore, it implies a Short% of Shares Outstanding of 4067352 and a Short% of Float of 3.15.
Dividends & Splits
In the trailing 12 months, ASB’s forward annual dividend rate was 0.89, compared to 0.90 this year. Against a Trailing Annual Dividend Yield of 0.03953798The stock’s 5-year Average Dividend Yield is 4.1. The current Payout Ratio is 123.00% for ASB, which recently paid a dividend on 2025-03-03 with an ex-dividend date of 1740960000. Stock splits for the company last occurred on 2004-05-13 when the company split stock in a 3:2 ratio.
