News headlines about Bankwell Financial Group (NASDAQ:BWFG) have trended positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bankwell Financial Group earned a daily sentiment score of 0.40 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 46.8160794951571 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Bankwell Financial Group (NASDAQ BWFG) opened at 35.19 on Tuesday. The stock has a 50 day moving average price of $33.10 and a 200-day moving average price of $33.12. Bankwell Financial Group has a 52 week low of $22.90 and a 52 week high of $38.50. The stock has a market cap of $266.39 million, a P/E ratio of 19.43 and a beta of 0.56.
The business also recently declared a quarterly dividend, which was paid on Friday, August 25th. Investors of record on Tuesday, August 15th were given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 0.80%. The ex-dividend date was Friday, August 11th. Bankwell Financial Group’s dividend payout ratio (DPR) is presently 15.47%.
A number of brokerages have recently commented on BWFG. Keefe, Bruyette & Woods restated a “buy” rating and issued a $37.00 target price on shares of Bankwell Financial Group in a research note on Thursday, July 27th. ValuEngine upgraded Bankwell Financial Group from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd.
In related news, Director James A. Fieber sold 2,856 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $33.13, for a total value of $94,619.28. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director James A. Fieber sold 7,144 shares of the business’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $33.10, for a total value of $236,466.40. The disclosure for this sale can be found here. Insiders own 22.37% of the company’s stock.
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.
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