NASDAQ:BWFG

Bankwell Financial Group Stock Forecast, Price & News

$20.12

+0.02 (+0.10 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$19.79

Now: $20.12▼

$20.64

50-Day Range

$18.29

MA: $19.19▼

$20.14

52-Week Range

$12.07

Now: $20.12▼

$29.26

Volume29,199 shs

Average Volume22,440 shs

Market Capitalization$158.89 million

P/E Ratio17.50

Dividend Yield2.78%

Beta0.8

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. It accepts 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 residential real estate loans, 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, or automobiles, as well as unsecured personal loans and overdraft lines of credit. It operates through a network of 12 branches. The company was formerly known as BNC Financial Group, Inc. and changed its name to Bankwell Financial Group, Inc. in September 2013. The company was founded in 2002 and is headquartered in New Canaan, Connecticut.

MarketRank^™

Overall MarketRank^™

2.04 out of 5 stars

Finance Sector

203rd out of 301 stocks

State Commercial Banks Industry

37th out of 60 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Bankwell Financial Group.

2.3 Community Rank

Outperform Votes
Bankwell Financial Group has received 162 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Bankwell Financial Group has received 194 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Bankwell Financial Group has received 54.49% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Bankwell Financial Group and other stocks. Vote “Outperform” if you believe BWFG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BWFG will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
Bankwell Financial Group pays a meaningful dividend of 2.78%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Bankwell Financial Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Bankwell Financial Group is 24.24%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Bankwell Financial Group will have a dividend payout ratio of 24.03% next year. This indicates that Bankwell Financial Group will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Bankwell Financial Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $15,748.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 16.58% of the stock of Bankwell Financial Group is held by insiders.
Percentage Held by Institutions
49.99% of the stock of Bankwell Financial Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for Bankwell Financial Group are expected to grow by 128.43% in the coming year, from $1.02 to $2.33 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bankwell Financial Group is 17.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.58.
Price to Earnings Ratio vs. Sector
The P/E ratio of Bankwell Financial Group is 17.50, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.13.
Price to Book Value per Share Ratio
Bankwell Financial Group has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:BWFG

Previous Symbol

CUSIPN/A

CIK1505732

Webwww.mybankwell.com

Phone203-652-0166

Employees157

Debt

Debt-to-Equity Ratio1.15

Current Ratio1.07

Quick Ratio1.07

Price-To-Earnings

Trailing P/E Ratio17.50

Forward P/E Ratio19.73

P/E GrowthN/A

Sales & Book Value

Annual Sales$88.19 million

Price / Sales1.80

Cash Flow$2.83 per share

Price / Cash Flow7.11

Book Value$23.26 per share

Price / Book0.87

Profitability

EPS (Most Recent Fiscal Year)$2.31

Net Income$18.22 million

Net Margins11.08%

Return on Equity5.19%

Return on Assets0.44%

Miscellaneous

Outstanding Shares7,897,000

Market Cap$158.89 million

Next Earnings Date1/25/2021 (Estimated)

OptionableNot Optionable

$20.12

+0.02 (+0.10 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Bankwell Financial Group (NASDAQ:BWFG) Frequently Asked Questions

How has Bankwell Financial Group's stock been impacted by Coronavirus (COVID-19)?

Bankwell Financial Group's stock was trading at $19.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BWFG shares have increased by 0.7% and is now trading at $20.12.
View which stocks have been most impacted by COVID-19.

Is Bankwell Financial Group a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bankwell Financial Group in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Bankwell Financial Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BWFG, but not buy additional shares or sell existing shares.
View analyst ratings for Bankwell Financial Group or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Bankwell Financial Group?

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

When is Bankwell Financial Group's next earnings date?

Bankwell Financial Group is scheduled to release its next quarterly earnings announcement on Monday, January 25th 2021.
View our earnings forecast for Bankwell Financial Group.

How were Bankwell Financial Group's earnings last quarter?

Bankwell Financial Group, Inc. (NASDAQ:BWFG) issued its quarterly earnings data on Wednesday, October, 28th. The bank reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.31 by $0.07. The bank had revenue of $14.22 million for the quarter, compared to analysts' expectations of $14.50 million. Bankwell Financial Group had a return on equity of 5.19% and a net margin of 11.08%.
View Bankwell Financial Group's earnings history.

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

Bankwell Financial Group declared a quarterly dividend on Wednesday, October 28th. Stockholders of record on Friday, November 13th will be given a dividend of $0.14 per share on Monday, November 23rd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend is Thursday, November 12th.
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 2.78%. The dividend payout ratio of Bankwell Financial Group is 24.24%. 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 24.03% next year. This indicates that Bankwell Financial Group will be able to sustain or increase its dividend.
View Bankwell Financial Group's dividend history.

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

Some companies that are related to Bankwell Financial Group include Byline Bancorp (BY), CrossFirst Bankshares (CFB), First National Bank Alaska (FBAK), Peoples Bancorp (PEBO), First Mid Bancshares (FMBH), TriState Capital (TSC), Altabancorp (ALTA), Central Pacific Financial (CPF), Heritage Commerce (HTBK), First Financial (THFF), Bank of Marin Bancorp (BMRC), Luther Burbank (LBC), Flushing Financial (FFIC), Cambridge Bancorp (CATC) and Mercantile Bank (MBWM).
View all of BWFG's 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).

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 60, Pay $779.4k)
Mr. Penko Krassimir Ivanov, Exec. VP & CFO (Age 51, Pay $396.41k)
Ms. Christine A. Chivily, Exec. VP, Chief Risk Officer & Chief Credit Officer (Age 61, Pay $369.26k)
Mr. Todd H. Lampert, Independent Director & Corp. Sec. (Age 57, Pay $80.77k)
Scott Messina, Sr. VP & Chief Information Officer
Ms. Laura Waitz, Exec. VP & Chief of Staff (Age 57)
Ms. Shawn T. Gelin, Sr. VP & Director of Community Banking Operations
Mr. Robert J. Palermo, Sr. VP & CRE Team Leader
Robert E. Mallozzi, Sr. VP & Bus. Devel. Officer
Nancy Abels Caccia, Sr. VP & Chief of Retail Banking Staff

What is Bankwell Financial Group's stock symbol?

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

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.

What is Bankwell Financial Group's stock price today?

One share of BWFG stock can currently be purchased for approximately $20.12.

How big of a company is Bankwell Financial Group?

Bankwell Financial Group has a market capitalization of $158.89 million and generates $88.19 million in revenue each year. The bank earns $18.22 million in net income (profit) each year or $2.31 on an earnings per share basis. Bankwell Financial Group employs 157 workers across the globe.

What is Bankwell Financial Group's official website?

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

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 1/19/2021 by MarketBeat.com Staff

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