Bankwell Financial Group - BWFG Stock Forecast, Price & News

Bankwell Financial Group's stock was trading at $29.43 at the beginning of 2023. Since then, BWFG shares have increased by 1.8% and is now trading at $29.96.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our BWFG earnings forecast.

Bankwell Financial Group, Inc. (NASDAQ:BWFG) announced its quarterly earnings results on Tuesday, October, 26th. The bank reported $0.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.82 by $0.05. The bank had revenue of $19.16 million for the quarter, compared to the consensus estimate of $18.60 million. Bankwell Financial Group had a net margin of 35.94% and a trailing twelve-month return on equity of 15.73%.

Bankwell Financial Group announced a quarterly dividend on Wednesday, October 26th. Investors of record on Friday, November 11th will be given a dividend of $0.20 per share on Monday, November 21st. This represents a $0.80 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend is Wednesday, November 9th.
Read our dividend analysis for BWFG.

Bankwell Financial Group (NASDAQ:BWFG) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.66%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 16.81%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BWFG.

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).

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

Bankwell Financial Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.12%) and Strs Ohio (0.06%). Insiders that own company stock include Blake S Drexler, Carl M Porto, Christopher R Gruseke, Daniel S Jones, Darryl Demos, Eric J Dale, James M Garnett Jr, James M Garnett, Jr, Laura Waitz, Lawrence B Seidman, Matt Mcneill, Penko Krassimir Ivanov, Richard Castiglioni and Todd Lampert.
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Shares of BWFG stock 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.
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One share of BWFG stock can currently be purchased for approximately $29.96.

Bankwell Financial Group (NASDAQ:BWFG) has a market capitalization of $230.99 million and generates $87.03 million in revenue each year. The bank earns $26.59 million in net income (profit) each year or $4.76 on an earnings per share basis.

The company employs 124 workers across the globe.

Bankwell Financial Group's mailing address is 220 ELM STREET, NEW CANAAN CT, 06840. The official website for the company is www.mybankwell.com. The bank can be reached via phone at (203) 652-0166 or via email at ir@mybankwell.com.