Norwood Financial - NWFL Stock Forecast, Price & News

Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services. The company accepts a range of deposit products, including interest-bearing and non-interest bearing transaction accounts, and statement savings and money market accounts, as well as certificate of deposits. It also provides various loans, such as commercial loans comprising lines of credit, revolving credit, term loans, mortgages, secured lending products, and letter of credit facilities; municipal finance lending; construction loans for commercial construction projects and single-family residences; land loans; consumer loans; mortgage lending to finance principal residences and second home dwellings; and indirect dealer financing of new and used automobiles, boats, and recreational vehicles. In addition, the company offers investment securities services; trust and investment products; and cash management, direct deposit, remote deposit capture, mobile deposit capture, mobile payment, automated clearing house activity, real estate settlement, and Internet and mobile banking services. Further, it engages in the annuity and mutual fund sale, and discount brokerage activities, as well as insurance agency business. The company serves consumers, businesses, nonprofit organizations, and municipalities. It operates fourteen offices in Northeastern Pennsylvania; and sixteen offices in Delaware, Sullivan, Ontario, Otsego, and Yates Counties, New York, as well as thirty-one automated teller machines. Norwood Financial Corp. was founded in 1870 and is headquartered in Honesdale, Pennsylvania.

Norwood Financial Stock Up 0.5 %

NWFL traded up $0.12 on Thursday, reaching $25.22. 10 shares of the company traded hands, compared to its average volume of 4,334. The stock's 50 day moving average price is $24.76 and its 200-day moving average price is $26.73. Norwood Financial has a 52-week low of $23.00 and a 52-week high of $29.00. The company has a market cap of $206.80 million, a price-to-earnings ratio of 7.45 and a beta of 0.49. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.83 and a quick ratio of 0.83.

Norwood Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 1st. Shareholders of record on Friday, July 15th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 4.44%. The ex-dividend date of this dividend was Thursday, July 14th. Norwood Financial's dividend payout ratio (DPR) is presently 33.23%.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Norwood Financial in a research report on Tuesday. They set a "buy" rating on the stock.

Insider Buying and Selling at Norwood Financial

In other Norwood Financial news, Director Jeffrey S. Gifford bought 2,000 shares of Norwood Financial stock in a transaction on Tuesday, June 21st. The stock was purchased at an average cost of $23.88 per share, for a total transaction of $47,760.00. Following the completion of the purchase, the director now directly owns 15,989 shares of the company's stock, valued at $381,817.32. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 9.70% of the company's stock.