Bankwell Financial Group - BWFG Stock Forecast, Price & News

Bankwell Financial Group's stock was trading at $29.43 on January 1st, 2023. Since then, BWFG stock has decreased by 13.6% and is now trading at $25.43.
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Bankwell Financial Group saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 125,700 shares, an increase of 6.9% from the February 28th total of 117,600 shares. Based on an average daily trading volume, of 18,700 shares, the days-to-cover ratio is presently 6.7 days. Currently, 2.3% of the company's stock are short sold.
View Bankwell Financial Group's Short Interest.

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) posted its quarterly earnings data on Wednesday, January, 25th. The bank reported $1.04 earnings per share (EPS) for the quarter. The bank earned $27.34 million during the quarter. Bankwell Financial Group had a trailing twelve-month return on equity of 15.19% and a net margin of 30.94%.

Bankwell Financial Group declared a quarterly dividend on Wednesday, January 25th. Shareholders of record on Monday, February 13th will be paid a dividend of $0.20 per share on Thursday, February 23rd. This represents a $0.80 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date of this dividend is Friday, February 10th.
Read our dividend analysis for BWFG.

ETFs with the largest weight of Bankwell Financial Group (NASDAQ:BWFG) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), First Trust NASDAQ ABA Community Bank Index Fund (QABA) and Dimensional US Small Cap Value ETF (DFSV) and

Bankwell Financial Group (NASDAQ:BWFG) pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.15%. 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 16.63%. 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 variety of institutional and retail investors. Top institutional investors include Banc Funds Co. LLC (3.59%), Renaissance Technologies LLC (2.64%), Geode Capital Management LLC (1.37%), LSV Asset Management (1.04%), Millennium Management LLC (0.77%) and Summit Trail Advisors LLC (0.66%). 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.
View institutional ownership trends.

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 $25.43.

Bankwell Financial Group (NASDAQ:BWFG) has a market capitalization of $199.37 million and generates $120.99 million in revenue each year. The bank earns $37.43 million in net income (profit) each year or $4.81 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.