Key Points
- Lawrence Seidman bought 1,600 shares on Feb. 12 at $48.11 (~$76,976), increasing his direct holdings to 195,151 shares (≈$9.39M), a 0.83% rise in his position.
- Bankwell reported Q4 EPS of $1.15 (missing estimates by $0.05) while beating revenue forecasts ($30.32M vs. $28.06M) and declared a $0.20 quarterly dividend (annualized $0.80, 1.6% yield; ex‑dividend Feb. 10, payable Feb. 20).
- Analysts have a Moderate Buy consensus with an average target of $52; the stock trades near $48.7, with a market cap of ~$384M and a P/E of about 11.
Bankwell Financial Group, Inc. (NASDAQ:BWFG - Get Free Report) Director Lawrence Seidman acquired 1,600 shares of the business's stock in a transaction dated Thursday, February 12th. The shares were bought at an average cost of $48.11 per share, for a total transaction of $76,976.00. Following the transaction, the director directly owned 195,151 shares of the company's stock, valued at approximately $9,388,714.61. This trade represents a 0.83% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Bankwell Financial Group Trading Up 0.7%
BWFG opened at $48.74 on Friday. Bankwell Financial Group, Inc. has a 12 month low of $26.39 and a 12 month high of $51.54. The business has a fifty day moving average price of $48.07 and a 200 day moving average price of $44.93. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market capitalization of $384.07 million, a price-to-earnings ratio of 10.98 and a beta of 0.70.
Bankwell Financial Group (NASDAQ:BWFG - Get Free Report) last announced its quarterly earnings data on Thursday, January 29th. The bank reported $1.15 earnings per share for the quarter, missing analysts' consensus estimates of $1.20 by ($0.05). The firm had revenue of $30.32 million during the quarter, compared to analyst estimates of $28.06 million. Bankwell Financial Group had a net margin of 16.94% and a return on equity of 12.40%.
Bankwell Financial Group Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Tuesday, February 10th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, February 10th. Bankwell Financial Group's payout ratio is presently 18.02%.
Wall Street Analyst Weigh In
Several brokerages recently commented on BWFG. Hovde Group raised their price objective on shares of Bankwell Financial Group from $48.00 to $49.00 and gave the company a "market perform" rating in a research note on Monday, February 2nd. Keefe, Bruyette & Woods increased their price target on Bankwell Financial Group from $53.00 to $55.00 and gave the stock an "outperform" rating in a research note on Monday, February 2nd. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Bankwell Financial Group in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $52.00.
View Our Latest Analysis on BWFG
Institutional Investors Weigh In On Bankwell Financial Group
Several hedge funds have recently modified their holdings of the stock. Acadian Asset Management LLC boosted its position in Bankwell Financial Group by 5.5% in the 2nd quarter. Acadian Asset Management LLC now owns 93,233 shares of the bank's stock valued at $3,357,000 after buying an additional 4,890 shares during the last quarter. Fourthstone LLC boosted its holdings in Bankwell Financial Group by 60.2% in the second quarter. Fourthstone LLC now owns 266,865 shares of the bank's stock valued at $9,615,000 after purchasing an additional 100,302 shares during the last quarter. Police & Firemen s Retirement System of New Jersey acquired a new stake in Bankwell Financial Group during the 2nd quarter valued at approximately $50,000. Dimensional Fund Advisors LP raised its position in shares of Bankwell Financial Group by 3.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 313,194 shares of the bank's stock valued at $13,860,000 after purchasing an additional 10,891 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Bankwell Financial Group by 3.9% in the 3rd quarter. Vanguard Group Inc. now owns 366,963 shares of the bank's stock valued at $16,238,000 after purchasing an additional 13,823 shares in the last quarter. 35.80% of the stock is currently owned by hedge funds and other institutional investors.
About Bankwell Financial Group
(
Get Free Report)
Bankwell Financial Group, Inc is a bank holding company headquartered in Westchester, Illinois, and serves as the parent of Bankwell Bank. Through its subsidiary, the company provides a full suite of banking products and services designed for both individual consumers and small‐ to mid‐sized businesses. Bankwell Bank operates multiple branches across suburban Cook and Lake counties, focusing on personalized service and local decision‐making.
The company's deposit offerings include checking, savings and money market accounts, as well as certificates of deposit, all supported by an online and mobile banking platform for convenient account access.
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