TCF Financial (TCF) Receiving Somewhat Favorable Press Coverage, Analysis Shows

News articles about TCF Financial (NYSE:TCF) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. TCF Financial earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 46.003374086628 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news articles that may have impacted Accern Sentiment’s scoring:

TCF has been the subject of several recent research reports. ValuEngine raised TCF Financial from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. DA Davidson reissued a “buy” rating and issued a $23.00 price target on shares of TCF Financial in a research report on Wednesday, November 29th. Sandler O’Neill raised TCF Financial from a “hold” rating to a “buy” rating in a research report on Tuesday, November 28th. Zacks Investment Research raised TCF Financial from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a research report on Wednesday, November 1st. Finally, Royal Bank of Canada reissued a “buy” rating and issued a $20.00 price target on shares of TCF Financial in a research report on Friday, October 27th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $21.58.

TCF Financial (TCF) opened at $21.43 on Wednesday. TCF Financial has a 1 year low of $14.58 and a 1 year high of $22.42. The stock has a market capitalization of $3,639.39, a PE ratio of 14.88, a P/E/G ratio of 1.52 and a beta of 1.21. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.03 and a current ratio of 1.03.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Thursday, February 15th will be given a dividend of $0.15 per share. This is a positive change from TCF Financial’s previous quarterly dividend of $0.08. This represents a $0.60 annualized dividend and a yield of 2.80%. The ex-dividend date is Wednesday, February 14th. TCF Financial’s dividend payout ratio is currently 20.83%.

In related news, Director Peter Bell sold 15,000 shares of the company’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $20.53, for a total transaction of $307,950.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 2.50% of the company’s stock.

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About TCF Financial

TCF Financial Corporation (TCF) is a bank holding company. The Company’s principal subsidiary is TCF National Bank (TCF Bank). The Company operates in three segments: Consumer Banking, Wholesale Banking and Enterprise Services. Consumer Banking comprises all of the Company’s consumer-facing businesses.

Insider Buying and Selling by Quarter for TCF Financial (NYSE:TCF)

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