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.

Wall Street Analysts Forecast Growth

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

Norwood Financial Trading Down 0.5 %

NWFL Stock traded down $0.12 during midday trading on Tuesday, hitting $24.69. The stock had a trading volume of 5,676 shares, compared to its average volume of 6,787. The company's 50-day moving average price is $24.81 and its 200 day moving average price is $26.76. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a market cap of $202.53 million, a PE ratio of 7.36 and a beta of 0.49. Norwood Financial has a 12-month low of $23.00 and a 12-month high of $29.00.

Norwood Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 1st. Investors of record on Friday, July 15th were paid a $0.28 dividend. The ex-dividend date of this dividend was Thursday, July 14th. This represents a $1.12 annualized dividend and a yield of 4.54%. Norwood Financial's payout ratio is currently 33.23%.

Insider Activity at Norwood Financial

In other Norwood Financial news, Director Jeffrey S. Gifford purchased 2,000 shares of the firm's stock in a transaction on Tuesday, June 21st. The shares were purchased at an average cost of $23.88 per share, with a total value of $47,760.00. Following the purchase, the director now owns 15,989 shares in the company, valued at $381,817.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders acquired 3,310 shares of company stock worth $79,863. 9.70% of the stock is currently owned by insiders.