NYSE:TCFTCF Financial Stock Price, Forecast & News

$30.33

-1.27 (-4.02 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$29.76

Now: $30.33▼

$32.00

50-Day Range

$22.24

MA: $25.88▼

$31.60

52-Week Range

$16.96

Now: $30.33▼

$47.46

Volume695,200 shs

Average Volume1.06 million shs

Market Capitalization$4.61 billion

P/E Ratio15.96

Dividend Yield4.43%

Beta1.3

TCF Financial Corporation operates as the bank holding company for TCF National Bank that provides various financial products and services in the United States and Canada. It operates through Consumer Banking, Wholesale Banking, and Enterprise Services segments. The company offers checking, savings, and money market accounts; certificates of deposit; and individual retirement accounts. It also provides consumer loans; loans secured by personal property, as well as unsecured personal loans; lease and equipment financing products; inventory financing products; commercial real estate loans; and residential, consumer, and small business lending products. In addition, the company offers treasury services, such as investment and borrowing portfolios, as well as manages capital, debt, and market risks. Further, it provides credit and debit cards; and check cashing and remittance services. As of December 31, 2018, the company had 314 branches consisting of 189 traditional branches, 122 supermarket branches, and 3 campus branches in Illinois, Minnesota, Michigan, Colorado, Wisconsin, Arizona, and South Dakota. TCF Financial Corporation was founded in 1923 and is headquartered in Wayzata, Minnesota.

Beat the Market (BTM) Rank^™

4.5 Analyst's Opinion

Consensus Rating
TCF Financial has received a consensus rating of Buy. The company's average rating score is 2.92, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $39.67, TCF Financial has a potential upside of 30.8% from its current price of $30.33.
Amount of Analyst Coverage
TCF Financial has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.3 Community Rank

Outperform Votes
TCF Financial has received 456 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
TCF Financial has received 542 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
TCF Financial has received 54.31% “underperform” votes from our community.

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

3.3 Dividend Strength

Dividend Leadership
TCF Financial is a leading dividend payer. It pays a dividend yield of 4.43%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
TCF Financial has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of TCF Financial is 73.68 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, TCF Financial will have a dividend payout ratio of 70.00 % next year. This indicates that TCF Financial will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TCF Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.50% of the stock of TCF Financial is held by insiders.
Percentage Held by Institutions
80.46% of the stock of TCF Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for TCF Financial are expected to grow by 2.56% in the coming year, from $1.95 to $2.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TCF Financial is 15.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.93.
Price to Earnings Ratio vs. Sector
The P/E ratio of TCF Financial is 15.96, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.22.
Price to Earnings Growth Ratio
TCF Financial has a PEG Ratio of 1.36. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
TCF Financial has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.47 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry National commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNYSE:TCF

Previous SymbolNYSE:TCB

CUSIP87227510

CIK814184

Webwww.tcfbank.com

Phone952-745-2760

Debt

Debt-to-Equity Ratio0.64

Current Ratio0.97

Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio15.96

Forward P/E Ratio15.55

P/E Growth1.36

Sales & Book Value

Annual Sales$1.61 billion

Price / Sales2.86

Cash Flow$4.57 per share

Price / Cash Flow6.64

Book Value$15.48 per share

Price / Book1.96

Profitability

EPS (Most Recent Fiscal Year)$1.90

Net Income$304.36 million

Net Margins20.10%

Return on Equity14.01%

Return on Assets1.43%

Miscellaneous

Employees5,544

Outstanding Shares152,109,000

Market Cap$4.61 billion

Next Earnings Date7/22/2020 (Estimated)

OptionableOptionable

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TCF Financial (NYSE:TCF) Frequently Asked Questions

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

TCF Financial's stock was trading at $27.36 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TCF stock has increased by 10.9% and is now trading at $30.33. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of TCF Financial?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TCF Financial in the last year. There are currently 2 hold ratings, 10 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TCF Financial.

When is TCF Financial's next earnings date?

TCF Financial is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for TCF Financial.

How were TCF Financial's earnings last quarter?

TCF Financial Co. (NYSE:TCF) released its quarterly earnings data on Monday, April, 27th. The bank reported $0.57 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.35 by $0.22. The bank earned $538.44 million during the quarter, compared to the consensus estimate of $534.33 million. TCF Financial had a net margin of 20.10% and a return on equity of 14.01%. During the same period in the previous year, the company earned $0.46 earnings per share. View TCF Financial's earnings history.

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

TCF Financial declared a quarterly dividend on Wednesday, April 29th. Stockholders of record on Friday, May 15th will be paid a dividend of $0.35 per share on Monday, June 1st. This represents a $1.40 dividend on an annualized basis and a yield of 4.62%. The ex-dividend date of this dividend is Thursday, May 14th. View TCF Financial's dividend history.

What price target have analysts set for TCF?

13 analysts have issued twelve-month target prices for TCF Financial's stock. Their forecasts range from $28.00 to $52.00. On average, they anticipate TCF Financial's stock price to reach $39.67 in the next twelve months. This suggests a possible upside of 30.8% from the stock's current price. View analysts' price targets for TCF Financial.

Has TCF Financial been receiving favorable news coverage?

News articles about TCF stock have been trending extremely positive on Thursday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. TCF Financial earned a media sentiment score of 4.7 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term. View the latest news aboutTCF Financial.

Who are some of TCF Financial's key competitors?

Some companies that are related to TCF Financial include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), First Republic Bank (FRC), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), Signature Bank (SBNY) and East West Bancorp (EWBC). View all competitors.

What other stocks do shareholders of TCF Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TCF Financial investors own include Two Harbors Investment (TWO), Energy Transfer LP Unit (ET), Realty Income (O), Occidental Petroleum (OXY), Advanced Emissions Solutions (ADES), Macerich (MAC), Ford Motor (F), Huntington Bancshares (HBAN), UnitedHealth Group (UNH) and Enbridge (ENB).

Who are TCF Financial's key executives?

TCF Financial's management team includes the following people:

Mr. Craig R. Dahl, Chairman, Pres & CEO (Age 64)
Mr. Brian W. Maass, Exec. VP & CFO (Age 46)
Mr. William S. Henak, Exec. VP of Wholesale Banking (Age 62)
Mr. Michael Scott Jones, Exec. VP of Consumer Banking (Age 51)
Ms. R. Patricia Kelly, Pres of Commercial Banking

What is TCF Financial's stock symbol?

TCF Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "TCF."

Who are TCF Financial's major shareholders?

TCF Financial's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.94%), Victory Capital Management Inc. (3.54%), State Street Corp (3.12%), Fuller & Thaler Asset Management Inc. (2.86%), JPMorgan Chase & Co. (2.46%) and Bank of New York Mellon Corp (1.74%). Company insiders that own TCF Financial stock include Arthur A Weiss, Brian W Maass, Michael Scott Jones, Richard H King, Susan D Bode, Thomas F Jasper and Vance K Opperman. View institutional ownership trends for TCF Financial.

Which institutional investors are selling TCF Financial stock?

TCF stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., BlackRock Inc., Disciplined Growth Investors Inc. MN, First Trust Advisors LP, Principal Financial Group Inc., Alliancebernstein L.P., Castine Capital Management LLC, and State Street Corp. View insider buying and selling activity for TCF Financial.

Which institutional investors are buying TCF Financial stock?

TCF stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Victory Capital Management Inc., Fuller & Thaler Asset Management Inc., Invesco Ltd., Silvercrest Asset Management Group LLC, Waddell & Reed Financial Inc., Raymond James & Associates, and Pzena Investment Management LLC. Company insiders that have bought TCF Financial stock in the last two years include Arthur A Weiss, Richard H King, and Vance K Opperman. View insider buying and selling activity for TCF Financial.

How do I buy shares of TCF Financial?

Shares of TCF 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 TCF Financial's stock price today?

One share of TCF stock can currently be purchased for approximately $30.33.

How big of a company is TCF Financial?

TCF Financial has a market capitalization of $4.61 billion and generates $1.61 billion in revenue each year. The bank earns $304.36 million in net income (profit) each year or $1.90 on an earnings per share basis. TCF Financial employs 5,544 workers across the globe.

What is TCF Financial's official website?

The official website for TCF Financial is www.tcfbank.com.

How can I contact TCF Financial?

TCF Financial's mailing address is 200 LAKE STREET EAST, WAYZATA MN, 55391. The bank can be reached via phone at 952-745-2760 or via email at [email protected]

This page was last updated on 5/28/2020 by MarketBeat.com Staff