NASDAQ:BWFGBankwell Financial Group Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Bankwell Financial Group Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $14.64 -0.08 (-0.54 %) (As of 05/27/2020 11:05 AM ET) Add Compare Share Today's Range$14.64Now: $14.64▼$14.7450-Day Range$12.76MA: $14.70▼$16.4452-Week Range$12.07Now: $14.64▼$30.00Volume202 shsAverage Volume26,307 shsMarket Capitalization$115.22 millionP/E Ratio7.96Dividend Yield3.89%Beta0.78 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank that provides a range of banking 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 mid-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. As of June 9, 2018, it operated 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. Bankwell Financial Group, Inc. was founded in 2002 and is headquartered in New Canaan, Connecticut.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingBankwell Financial Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $34.00, Bankwell Financial Group has a potential upside of 132.2% from its current price of $14.64.Amount of Analyst CoverageBankwell Financial Group has received no research coverage in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesBankwell Financial Group has received 158 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBankwell Financial Group has received 186 “underperform” votes. (Add your “underperform” vote.)Community SentimentBankwell Financial Group has received 54.07% “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. Previous Next 3.3 Dividend Strength Dividend LeadershipBankwell Financial Group is a leading dividend payer. It pays a dividend yield of 3.89%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBankwell Financial Group has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Bankwell Financial Group is 24.24 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Bankwell Financial Group will have a dividend payout ratio of 32.75 % next year. This indicates that Bankwell Financial Group will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bankwell Financial Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $35,374.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 16.58% of the stock of Bankwell Financial Group is held by insiders.Percentage Held by Institutions43.74% 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Bankwell Financial Group are expected to grow by 32.56% in the coming year, from $1.29 to $1.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bankwell Financial Group is 7.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.55.Price to Earnings Ratio vs. SectorThe P/E ratio of Bankwell Financial Group is 7.96, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.31.Price to Book Value per Share RatioBankwell Financial Group has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.25 out of 5 stars 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 Phone203-652-0166Debt Debt-to-Equity Ratio0.88 Current Ratio1.05 Quick Ratio1.05Price-To-Earnings Trailing P/E Ratio7.96 Forward P/E Ratio11.35 P/E GrowthN/A Sales & Book Value Annual Sales$88.19 million Price / Sales1.31 Cash Flow$2.76 per share Price / Cash Flow5.30 Book Value$21.62 per share Price / Book0.68Profitability EPS (Most Recent Fiscal Year)$2.31 Net Income$18.22 million Net Margins16.75% Return on Equity8.22% Return on Assets0.76%Miscellaneous Employees142 Outstanding Shares7,870,000Market Cap$115.22 million Next Earnings Date8/4/2020 (Estimated) OptionableNot Optionable NASDAQ:BWFG Rates by TradingView Receive BWFG News and Ratings via Email Sign-up to receive the latest news and ratings for BWFG and its competitors with MarketBeat's FREE daily newsletter. Bankwell Financial Group (NASDAQ:BWFG) Frequently Asked Questions How has Bankwell Financial Group's stock been impacted by COVID-19 (Coronavirus)? 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 (WHO). Since then, BWFG stock has decreased by 26.8% and is now trading at $14.64. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Bankwell Financial Group? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bankwell Financial Group in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Bankwell Financial Group. When is Bankwell Financial Group's next earnings date? Bankwell Financial Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Bankwell Financial Group. How were Bankwell Financial Group's earnings last quarter? Bankwell Financial Group Inc (NASDAQ:BWFG) posted its quarterly earnings data on Wednesday, April, 29th. The bank reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.31 by $0.14. The bank earned $14.36 million during the quarter, compared to the consensus estimate of $14.85 million. Bankwell Financial Group had a return on equity of 8.22% and a net margin of 16.75%. 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, April 29th. Shareholders of record on Monday, May 18th will be paid a dividend of $0.14 per share on Thursday, May 28th. This represents a $0.56 annualized dividend and a yield of 3.83%. The ex-dividend date of this dividend is Friday, May 15th. View Bankwell Financial Group's dividend history. What price target have analysts set for BWFG? 1 brokers have issued twelve-month price objectives for Bankwell Financial Group's shares. Their forecasts range from $34.00 to $34.00. On average, they expect Bankwell Financial Group's share price to reach $34.00 in the next twelve months. This suggests a possible upside of 132.2% from the stock's current price. View analysts' price targets for Bankwell Financial Group. Has Bankwell Financial Group been receiving favorable news coverage? Media coverage about BWFG stock has trended somewhat negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Bankwell Financial Group earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutBankwell Financial Group. Who are some of Bankwell Financial Group's key competitors? Some companies that are related to Bankwell Financial Group include Heritage Commerce (HTBK), Univest Financial (UVSP), First Mid-Illinois Bancshares (FMBH), QCR (QCRH), Origin Bancorp (OBNK), Central Pacific Financial (CPF), Peoples Bancorp (PEBO), Byline Bancorp (BY), Bank of Marin Bancorp (BMRC), Horizon Bancorp (HBNC), Tristate Capital (TSC), Peoples Utah Bancorp (PUB), Century Bancorp (CNBKA), First Community Bankshares (FCBC) and Franklin Financial Network (FSB). View all 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), Cognizant Technology Solutions (CTSH), AbbVie (ABBV), Philip Morris International (PM), AT&T (T), Amplify Energy (AMPY), Amplify Energy (AMPY), Franklin Resources (BEN) and Bank of Nova Scotia (BNS). 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 59)Mr. Penko Krassimir Ivanov, Exec. VP & CFO (Age 50)Mr. Todd H. Lampert, Director & Corp. Sec. (Age 56)Ms. Heidi S. DeWyngaert, Exec. VP & Chief Lending Officer (Age 63)Scott Messina, First VP & Chief Information Officer 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.90%), Banc Funds Co. LLC (4.12%), State Street Corp (1.42%), Elizabeth Park Capital Advisors Ltd. (1.35%), Geode Capital Management LLC (1.28%) and Wellington Management Group LLP (1.24%). Company insiders that own Bankwell Financial Group stock include David P Dineen, Heidi Dewyngaert, James M Garnett Jr, Laura Waitz, 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 Banc Funds Co. LLC, Wellington Management Group LLP, Buckingham Asset Management LLC, Morgan Stanley, JPMorgan Chase & Co., State Street Corp, UBS Group AG, and BHZ Capital Management LP. 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. Which major investors are buying Bankwell Financial Group stock? BWFG stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Russell Investments Group Ltd., Acadian Asset Management LLC, Elizabeth Park Capital Advisors Ltd., Rhumbline Advisers, Geode Capital Management LLC, Key Financial Inc, and Wells Fargo & Company MN. Company insiders that have bought Bankwell Financial Group stock in the last two years include James M Garnett Jr, and Richard Castiglioni. View insider buying and selling activity for Bankwell Financial Group. 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 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 $14.64. How big of a company is Bankwell Financial Group? Bankwell Financial Group has a market capitalization of $115.22 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 142 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 5/27/2020 by MarketBeat.com Staff
