Key Points
- Director Lawrence Seidman purchased 2,520 shares at $46.80 on Feb. 27 for $117,936, raising his stake to 200,244 shares (a ~1.27% ownership increase, holdings worth ≈ $9.37M).
- Bankwell reported quarterly EPS of $1.15 (missing consensus by $0.05) while revenue beat at $30.32M, and it recently paid a quarterly dividend of $0.20 ($0.80 annualized, ~1.7% yield).
- Analysts show a mixed-to-positive view with an average rating of "Moderate Buy" and a $52 price target; shares were trading up about 2.5% and sit in a 12‑month range of $26.39–$51.54.
Bankwell Financial Group, Inc. (NASDAQ:BWFG - Get Free Report) Director Lawrence Seidman bought 2,520 shares of the company's stock in a transaction on Friday, February 27th. The stock was bought at an average price of $46.80 per share, for a total transaction of $117,936.00. Following the completion of the purchase, the director directly owned 200,244 shares in the company, valued at approximately $9,371,419.20. This represents a 1.27% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.
Bankwell Financial Group Trading Up 2.5%
Shares of NASDAQ BWFG opened at $47.88 on Tuesday. The firm has a market cap of $377.29 million, a PE ratio of 10.78 and a beta of 0.67. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.49. Bankwell Financial Group, Inc. has a twelve month low of $26.39 and a twelve month high of $51.54. The business has a fifty day simple moving average of $47.87 and a two-hundred day simple moving average of $45.64.
Bankwell Financial Group (NASDAQ:BWFG - Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The bank reported $1.15 earnings per share for the quarter, missing the consensus estimate of $1.20 by ($0.05). Bankwell Financial Group had a net margin of 16.94% and a return on equity of 12.40%. The firm had revenue of $30.32 million during the quarter, compared to the consensus estimate of $28.06 million.
Bankwell Financial Group Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Tuesday, February 10th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, February 10th. Bankwell Financial Group's payout ratio is presently 18.02%.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on BWFG. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Bankwell Financial Group in a research report on Monday, December 29th. Hovde Group upped 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 report on Monday, February 2nd. Finally, Keefe, Bruyette & Woods raised their target price on Bankwell Financial Group from $53.00 to $55.00 and gave the stock an "outperform" rating in a report on Monday, February 2nd. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $52.00.
Get Our Latest Analysis on BWFG
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Ameritas Investment Partners Inc. grew its stake in Bankwell Financial Group by 70.7% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 722 shares of the bank's stock valued at $26,000 after acquiring an additional 299 shares during the period. Russell Investments Group Ltd. lifted its holdings in Bankwell Financial Group by 585.0% during the third quarter. Russell Investments Group Ltd. now owns 685 shares of the bank's stock valued at $30,000 after purchasing an additional 585 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in Bankwell Financial Group by 38.8% during the second quarter. BNP Paribas Financial Markets now owns 1,124 shares of the bank's stock valued at $40,000 after purchasing an additional 314 shares in the last quarter. CWM LLC grew its position in shares of Bankwell Financial Group by 71.8% in the third quarter. CWM LLC now owns 1,041 shares of the bank's stock valued at $46,000 after purchasing an additional 435 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of Bankwell Financial Group during the second quarter worth about $50,000. Hedge funds and other institutional investors own 35.80% of the company's stock.
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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