TSE:CWB

Canadian Western Bank - CWB Stock Forecast, Price & News

C$24.18

+0.25 (+1.04%)

(As of 12/6/2022 12:00 AM ET)

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Today's Range: C$23.88
▼
C$24.41
50-Day Range: C$21.64
▼
C$26.31
52-Week Range: C$21.21
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C$41.35

Volume: 605,869 shs
Average Volume: 372,735 shs
Market Capitalization: C$2.28 billion

P/E Ratio: 6.57
Dividend Yield: 5.35%
Price Target: C$32.42

Canadian Western Bank MarketRank™ Forecast

Analyst Rating: Hold
2.45 Rating Score
Upside/Downside: 27.9% Upside
C$30.92 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.13
Based on 19 Articles This Week
Insider Trading: Acquiring Shares
C$224,600 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.83 out of 5 stars

4.2

Analyst's Opinion

Consensus Rating
Canadian Western Bank has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 4 buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$30.92, Canadian Western Bank has a forecasted upside of 27.9% from its current price of C$24.18.
Amount of Analyst Coverage
Canadian Western Bank has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for CWB.

2.5

Dividend Strength

Dividend Leadership
Canadian Western Bank is a leading dividend payer. It pays a dividend yield of 5.35%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Canadian Western Bank does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Canadian Western Bank is 33.15%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CWB.

2.1

News and Social Media Coverage

News Sentiment
Canadian Western Bank has a news sentiment score of -0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 19 news articles for Canadian Western Bank this week, compared to 1 article on an average week.
Search Interest
6 people have searched for CWB on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
6 people have added Canadian Western Bank to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canadian Western Bank insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$224,600.00 in company stock and sold C$0.00 in company stock.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian Western Bank is 6.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.29.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian Western Bank is 6.57, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 170.68.
Price to Earnings Growth Ratio
Canadian Western Bank has a PEG Ratio of 3.11. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Canadian Western Bank has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Canadian Western Bank (TSE:CWB) Stock

Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company offers current, savings, cash management, US dollar, and chequing accounts, as well as organization, strata solution/condo, general trust, and trust fund investment accounts. It also offers commercial lending and real estate, and equipment financing and leasing products; loans and mortgages; secured and unsecured lines of credit; registered retirement savings plan; consolidation, vehicle, and recreation vehicle loans; and credit cards. In addition, the company offers cash management services; life and disability insurance products; and ATM, mobile, and online banking services, as well cheque order services. Further, it provides investment products comprising guaranteed investment certificates, registered retirement income funds, tax-free savings accounts, registered education savings plans, and mutual funds, as well as personal and business planning services. Canadian Western Bank was founded in 1984 and is headquartered in Edmonton, Canada.

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