NASDAQ:BWFG

Bankwell Financial Group Stock Forecast, Price & News

$27.30
-0.62 (-2.22 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$27.00
$27.70
50-Day Range
$27.01
$29.23
52-Week Range
$14.08
$30.00
Volume61,712 shs
Average Volume31,133 shs
Market Capitalization$215.92 million
P/E Ratio21.16
Dividend Yield2.01%
Beta0.87
30 days | 90 days | 365 days | Advanced Chart
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Bankwell Financial Group logo

About Bankwell Financial Group

Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank that provides a range of banking products and services to commercial and consumer customers in Connecticut. Its deposit products include checking, savings, and money market accounts; and time, demand, and NOW deposits, as well as certificates of deposit. The company also provides commercial lending products, including owner-occupied commercial real estate loans, commercial real estate investment loans, business term loans, equipment financing, and lines of credit to small and medium-sized businesses, as well as real estate construction and development loans; and consumer loans, such as loans secured by savings or certificate accounts, and automobiles, as well as unsecured personal loans and overdraft lines of credit. It operates through branch offices in New Canaan, Stamford, Norwalk, Fairfield, Darien, Westport, Wilton, and Hamden, Connecticut. The company was formerly known as BNC Financial Group, Inc. and changed its name to Bankwell Financial Group, Inc. in September 2013. Bankwell Financial Group, Inc. was founded in 2002 and is headquartered in New Canaan, Connecticut.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

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MarketRank

Overall MarketRank

1.88 out of 5 stars

Finance Sector

318th out of 1,969 stocks

State Commercial Banks Industry

53rd out of 310 stocks

Analyst Opinion: 2.5Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -
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Bankwell Financial Group (NASDAQ:BWFG) Frequently Asked Questions

Is Bankwell Financial Group a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bankwell Financial Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Bankwell Financial Group stock.
View analyst ratings for Bankwell Financial Group
or view top-rated stocks.

What stocks does MarketBeat like better than Bankwell Financial Group?

Wall Street analysts have given Bankwell Financial Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Bankwell Financial Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Bankwell Financial Group?

Bankwell Financial Group saw a increase in short interest during the month of May. As of May 14th, there was short interest totaling 221,700 shares, an increase of 32.0% from the April 29th total of 168,000 shares. Based on an average daily volume of 30,700 shares, the short-interest ratio is presently 7.2 days. Approximately 4.0% of the shares of the company are sold short.
View Bankwell Financial Group's Short Interest
.

When is Bankwell Financial Group's next earnings date?

Bankwell Financial Group is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Bankwell Financial Group
.

How were Bankwell Financial Group's earnings last quarter?

Bankwell Financial Group, Inc. (NASDAQ:BWFG) announced its quarterly earnings data on Tuesday, April, 27th. The bank reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.12. The bank earned $16.61 million during the quarter, compared to analysts' expectations of $16.50 million. Bankwell Financial Group had a net margin of 12.80% and a trailing twelve-month return on equity of 5.77%.
View Bankwell Financial Group's earnings history
.

How has Bankwell Financial Group's stock been impacted by Coronavirus?

Bankwell Financial Group's stock was trading at $19.99 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BWFG shares have increased by 36.6% and is now trading at $27.30.
View which stocks have been most impacted by COVID-19
.

How often does Bankwell Financial Group pay dividends? What is the dividend yield for Bankwell Financial Group?

Bankwell Financial Group announced a quarterly dividend on Wednesday, April 28th. Stockholders of record on Friday, May 14th will be given a dividend of $0.14 per share on Monday, May 24th. This represents a $0.56 annualized dividend and a dividend yield of 2.05%. The ex-dividend date is Thursday, May 13th.
View Bankwell Financial Group's dividend history
.

Is Bankwell Financial Group a good dividend stock?

Bankwell Financial Group pays an annual dividend of $0.56 per share and currently has a dividend yield of 2.01%. Bankwell Financial Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Bankwell Financial Group is 74.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Bankwell Financial Group will have a dividend payout ratio of 18.36% next year. This indicates that Bankwell Financial Group will be able to sustain or increase its dividend.
View Bankwell Financial Group's dividend history.

What price target have analysts set for BWFG?

2 analysts have issued 12-month price targets for Bankwell Financial Group's stock. Their forecasts range from $33.00 to $35.00. On average, they anticipate Bankwell Financial Group's share price to reach $34.00 in the next year. This suggests a possible upside of 24.5% from the stock's current price.
View analysts' price targets for Bankwell Financial Group
or view top-rated stocks among Wall Street analysts.

Who are Bankwell Financial Group's key executives?

Bankwell Financial Group's management team includes the following people:
  • Mr. Christopher R. Gruseke, Pres, CEO & Director (Age 61, Pay $881.55k)
  • Mr. Penko Krassimir Ivanov, Exec. VP & CFO (Age 52, Pay $416.35k)
  • Mr. Matthew J. McNeill, Exec. VP & Chief Banking Officer (Age 46, Pay $562.9k)
  • Mr. Todd H. Lampert, Independent Director & Corp. Sec. (Age 58, Pay $78.5k)
  • Ms. Laura J. Waitz, Exec. VP & COO (Age 58)
  • Scott Messina, Sr. VP & Chief Information Officer
  • Ms. Shawn T. Gelin, Sr. VP & Director of Community Banking Operations
  • Mr. Robert J. Palermo, Sr. VP & CRE Team Leader
  • Ms. Christine A. Chivily, Exec. VP, Chief Risk Officer & Chief Credit Officer (Age 62)
  • Robert E. Mallozzi, Sr. VP & Bus. Devel. Officer

Who are some of Bankwell Financial Group's key competitors?

What other stocks do shareholders of Bankwell Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bankwell Financial Group investors own include ONEOK (OKE), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Philip Morris International (PM), Wells Fargo & Company (WFC), Algonquin Power & Utilities (AQN), Carnival Co. & (CCL), Cinemark (CNK) and CenterPoint Energy (CNP).

What is Bankwell Financial Group's stock symbol?

Bankwell Financial Group trades on the NASDAQ under the ticker symbol "BWFG."

Who are Bankwell Financial Group's major shareholders?

Bankwell Financial Group's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.71%), Banc Funds Co. LLC (3.80%), Renaissance Technologies LLC (2.71%), Dimensional Fund Advisors LP (2.14%), Geode Capital Management LLC (1.46%) and Northern Trust Corp (1.07%). Company insiders that own Bankwell Financial Group stock include Blake S Drexler, Christopher R Gruseke, Daniel S Jones, Eric J Dale, James M Garnett Jr, James M Garnett, Jr, Laura Waitz, Lawrence B Seidman, Penko Krassimir Ivanov, Richard Castiglioni and Todd Lampert.
View institutional ownership trends for Bankwell Financial Group
.

Which major investors are selling Bankwell Financial Group stock?

BWFG stock was sold by a variety of institutional investors in the last quarter, including Kennedy Capital Management Inc., Northern Trust Corp, Acadian Asset Management LLC, Morgan Stanley, Rhumbline Advisers, and California State Teachers Retirement System. Company insiders that have sold Bankwell Financial Group company stock in the last year include Laura Waitz, and Todd Lampert.
View insider buying and selling activity for Bankwell Financial Group
or view top insider-selling stocks.

Which major investors are buying Bankwell Financial Group stock?

BWFG stock was bought by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC, BlackRock Inc., BHZ Capital Management LP, Sierra Capital LLC, Nuveen Asset Management LLC, Geode Capital Management LLC, Dimensional Fund Advisors LP, and Bourgeon Capital Management LLC. Company insiders that have bought Bankwell Financial Group stock in the last two years include Blake S Drexler, Christopher R Gruseke, Daniel S Jones, Eric J Dale, James M Garnett Jr, James M Garnett, Jr, Lawrence B Seidman, Penko Krassimir Ivanov, and Richard Castiglioni.
View insider buying and selling activity for Bankwell Financial Group
or or view top insider-buying stocks.

How do I buy shares of Bankwell Financial Group?

Shares of BWFG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Bankwell Financial Group's stock price today?

One share of BWFG stock can currently be purchased for approximately $27.30.

How much money does Bankwell Financial Group make?

Bankwell Financial Group has a market capitalization of $215.92 million and generates $80.37 million in revenue each year. The bank earns $5.90 million in net income (profit) each year or $0.75 on an earnings per share basis.

How many employees does Bankwell Financial Group have?

Bankwell Financial Group employs 123 workers across the globe.

What is Bankwell Financial Group's official website?

The official website for Bankwell Financial Group is www.mybankwell.com.

Where are Bankwell Financial Group's headquarters?

Bankwell Financial Group is headquartered at 220 ELM STREET, NEW CANAAN CT, 06840.

How can I contact Bankwell Financial Group?

Bankwell Financial Group's mailing address is 220 ELM STREET, NEW CANAAN CT, 06840. The bank can be reached via phone at 203-652-0166 or via email at [email protected]


This page was last updated on 6/18/2021 by MarketBeat.com Staff
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