Keefe, Bruyette & Woods reissued their buy rating on shares of Bankwell Financial Group, Inc. (NASDAQ:BWFG) in a research report released on Thursday. They currently have a $37.00 target price on the bank’s stock.

Separately, ValuEngine raised Bankwell Financial Group from a hold rating to a buy rating in a research note on Friday, June 2nd.

Shares of Bankwell Financial Group (NASDAQ BWFG) traded up 0.58% during mid-day trading on Thursday, reaching $33.00. 4,350 shares of the company’s stock were exchanged. Bankwell Financial Group has a 52 week low of $21.61 and a 52 week high of $38.50. The stock has a market cap of $249.81 million, a price-to-earnings ratio of 18.22 and a beta of 0.55. The stock has a 50 day moving average price of $32.28 and a 200 day moving average price of $32.59.

TRADEMARK VIOLATION WARNING: “Bankwell Financial Group’s (NASDAQ:BWFG) Buy Rating Reaffirmed at Keefe, Bruyette & Woods” was originally posted by Watch List News and is owned by of Watch List News. If you are accessing this report on another site, it was illegally stolen and republished in violation of United States & international trademark & copyright law. The legal version of this report can be read at https://www.watchlistnews.com/bankwell-financial-groups-nasdaqbwfg-buy-rating-reaffirmed-at-keefe-bruyette-woods/1464474.html.

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 25th. Shareholders of record on Tuesday, August 15th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend is Friday, August 11th. Bankwell Financial Group’s payout ratio is 15.47%.

In other Bankwell Financial Group news, Director James A. Fieber sold 7,000 shares of the firm’s stock in a transaction dated Monday, May 15th. The stock was sold at an average price of $36.10, for a total value of $252,700.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 22.37% of the stock is currently owned by company insiders.

About Bankwell Financial Group

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.

Receive News & Ratings for Bankwell Financial Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bankwell Financial Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.