Bankwell Financial Group (BWFG) Getting Favorable Press Coverage, Report Shows
News headlines about Bankwell Financial Group (NASDAQ:BWFG) have been trending positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Bankwell Financial Group earned a media sentiment score of 0.42 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 45.8243625653626 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Bankwell Financial Group (BWFG) opened at $35.00 on Thursday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.12 and a current ratio of 1.12. Bankwell Financial Group has a 12 month low of $28.79 and a 12 month high of $38.50. The firm has a market capitalization of $270.26, a PE ratio of 17.96 and a beta of 0.52.
The company also recently declared a quarterly dividend, which was paid on Monday, November 27th. Investors of record on Friday, November 17th were paid a $0.07 dividend. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $0.28 annualized dividend and a dividend yield of 0.80%. Bankwell Financial Group’s payout ratio is 14.36%.
Separately, ValuEngine cut Bankwell Financial Group from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th.
In related news, EVP David P. Dineen sold 1,218 shares of the business’s stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $35.77, for a total value of $43,567.86. Following the completion of the sale, the executive vice president now owns 5,625 shares of the company’s stock, valued at approximately $201,206.25. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Blake S. Drexler sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $37.13, for a total value of $129,955.00. Following the completion of the sale, the director now directly owns 138,684 shares of the company’s stock, valued at approximately $5,149,336.92. The disclosure for this sale can be found here. In the last three months, insiders sold 16,968 shares of company stock valued at $624,365. 22.37% of the stock is currently owned by company insiders.
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Bankwell Financial Group Company Profile
Bankwell Financial Group, Inc is a bank holding company. The Company offers a range of financial services through its banking subsidiary, Bankwell Bank (the Bank). The Bank is a Connecticut state non-member bank. The Bank provides a range of banking services to commercial and consumer customers, concentrated in the Fairfield and New Haven Counties region of Connecticut.
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