Bankwell Financial Group (BWFG) Receiving Positive Press Coverage, Accern Reports
Media stories about Bankwell Financial Group (NASDAQ:BWFG) have been trending positive this week, according to Accern Sentiment. Accern scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bankwell Financial Group earned a media sentiment score of 0.46 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 46.3924375621257 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of brokerages recently issued reports on BWFG. Keefe, Bruyette & Woods reissued a “buy” rating and set a $41.00 price target on shares of Bankwell Financial Group in a research report on Tuesday, February 27th. BidaskClub cut shares of Bankwell Financial Group from a “hold” rating to a “sell” rating in a research report on Wednesday, December 20th. Finally, ValuEngine cut shares of Bankwell Financial Group from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th.
Shares of Bankwell Financial Group (NASDAQ BWFG) traded up $0.63 during midday trading on Friday, reaching $32.30. 4,385 shares of the company were exchanged, compared to its average volume of 8,822. Bankwell Financial Group has a one year low of $29.90 and a one year high of $38.50. The stock has a market cap of $247.94, a PE ratio of 18.04 and a beta of 0.50. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.12 and a current ratio of 1.12.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Monday, February 26th will be given a dividend of $0.12 per share. This is a boost from Bankwell Financial Group’s previous quarterly dividend of $0.07. This represents a $0.48 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Friday, February 23rd. Bankwell Financial Group’s dividend payout ratio (DPR) is 26.82%.
Bankwell Financial Group Company Profile
Bankwell Financial Group, Inc is a bank holding company. The Company offers a range of financial services through its banking subsidiary, Bankwell Bank (the Bank). The Bank is a Connecticut state non-member bank. The Bank provides a range of banking services to commercial and consumer customers, concentrated in the Fairfield and New Haven Counties region of Connecticut.
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