News coverage about Bankwell Financial Group (NASDAQ:BWFG) has trended positive on Sunday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bankwell Financial Group earned a news impact score of 0.30 on Accern’s scale. Accern also gave news articles about the bank an impact score of 46.1398636579364 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Several research firms have recently issued reports on BWFG. Keefe, Bruyette & Woods lowered Bankwell Financial Group from an “outperform” rating to a “market perform” rating in a research report on Monday, May 7th. BidaskClub raised Bankwell Financial Group from a “sell” rating to a “hold” rating in a research report on Tuesday, April 24th. Finally, Piper Jaffray Companies started coverage on Bankwell Financial Group in a research report on Friday, June 8th. They issued a “neutral” rating for the company.
Bankwell Financial Group traded down $0.20, reaching $31.31, during mid-day trading on Friday, MarketBeat.com reports. The company’s stock had a trading volume of 29,112 shares, compared to its average volume of 9,259. Bankwell Financial Group has a 12-month low of $30.11 and a 12-month high of $37.95. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.13 and a current ratio of 1.13. The firm has a market cap of $245.21 million, a price-to-earnings ratio of 15.42 and a beta of 0.46.
Bankwell Financial Group (NASDAQ:BWFG) last issued its earnings results on Wednesday, April 25th. The bank reported $0.59 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.04). Bankwell Financial Group had a return on equity of 10.47% and a net margin of 18.87%. The business had revenue of $15.04 million during the quarter. research analysts predict that Bankwell Financial Group will post 2.3 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, May 25th. Shareholders of record on Tuesday, May 15th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date was Monday, May 14th. Bankwell Financial Group’s dividend payout ratio (DPR) is 23.65%.
In other Bankwell Financial Group news, CEO Christopher R. Gruseke bought 5,000 shares of the firm’s stock in a transaction on Thursday, May 10th. The stock was acquired at an average price of $31.31 per share, with a total value of $156,550.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last three months, insiders acquired 10,451 shares of company stock valued at $330,300. 21.87% of the stock is owned by insiders.
Bankwell Financial Group Company Profile
Bankwell Financial Group, Inc operates as the bank holding company for Bankwell Bank that provides a range of banking services to commercial and consumer customers in Connecticut. It accepts checking, savings, and money market accounts; and demand and NOW deposits, as well as certificates of deposit.
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