Bankwell Financial Group (BWFG) Stock Price, News & Analysis

Company Overview

Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers. It offers various traditional depository products, including checking, savings, money market, and certificates of deposit. The company also provides first mortgage loans secured by one-to-four family owner occupied residential properties for personal use; home equity loans and home equity lines of credit secured by owner occupied one-to-four family residential properties; loans secured by commercial real estate, multi-family dwellings, owner-occupied commercial real estate, and investor-owned one-to-four family dwellings; commercial construction loans for commercial development projects, including apartment buildings and condominiums, as well as office buildings, retail, and other income producing properties; land loans; commercial business loans secured by assignments of corporate assets and personal guarantees of the business owners; loans to finance insurance premiums; overdraft lines of credit; and unsecured personal loans. It operates branches in New Canaan, Stamford, Fairfield, Westport, Darien, Norwalk, and Hamden, Connecticut. The company was formerly known as BNC Financial Group, Inc. and changed its name to Bankwell Financial Group, Inc. in September 2013. Bankwell Financial Group, Inc. was founded in 2002 and is headquartered in New Canaan, Connecticut.

Key Stats

• Today's Range: $31.24 to $32.13
• 50-Day Range: $27.92 to $34.54
• 52-Week Range: $22.47 to $35.25
• Volume: 19,553 shs
• Average Volume: 13,911 shs
• Market Capitalization: $248.11 million
• P/E Ratio: 16.19
• Dividend Yield: 2.53%
• Price Target: $40.00
• Consensus Rating: Buy

Bankwell Financial Group Stock Analysis - MarketRank™

Bankwell Financial Group scored higher than 73% of companies evaluated by MarketBeat, and ranked 319th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Bankwell Financial Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Bankwell Financial Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Bankwell Financial Group is 16.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.18.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bankwell Financial Group is 16.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.10.

Price to Book Value per Share Ratio

Bankwell Financial Group has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.64% of the float of Bankwell Financial Group has been sold short.

Short Interest Ratio / Days to Cover

Bankwell Financial Group has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in Bankwell Financial Group has recently increased by 3.21%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Bankwell Financial Group pays a meaningful dividend of 2.50%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Bankwell Financial Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Bankwell Financial Group is 41.03%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.64% of the float of Bankwell Financial Group has been sold short.

Short Interest Ratio / Days to Cover

Bankwell Financial Group has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in Bankwell Financial Group has recently increased by 3.21%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

Bankwell Financial Group has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Bankwell Financial Group this week, compared to 1 article on an average week.

Search Interest

1 people have searched for BWFG on MarketBeat in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Bankwell Financial Group insiders have bought 121.64% more of their company's stock than they have sold. Specifically, they have bought $97,217.00 in company stock and sold $43,863.00 in company stock.

Percentage Held by Insiders

19.20% of the stock of Bankwell Financial Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 35.80% of the stock of Bankwell Financial Group is held by institutions.

BWFG Stock Analysis - Frequently Asked Questions

How have BWFG shares performed this year?

Bankwell Financial Group's stock was trading at $30.18 at the beginning of 2024. Since then, BWFG stock has increased by 4.6% and is now trading at $31.57.
View the best growth stocks for 2024 here.

How were Bankwell Financial Group's earnings last quarter?

Bankwell Financial Group, Inc. (NASDAQ:BWFG) announced its earnings results on Monday, October, 28th. The bank reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.08) by $0.32. The bank earned $49.35 million during the quarter. Bankwell Financial Group had a trailing twelve-month return on equity of 5.74% and a net margin of 7.77%.

Who are Bankwell Financial Group's major shareholders?

Top institutional investors of Bankwell Financial Group include Geode Capital Management LLC (1.87%), GM Advisory Group LLC (1.14%), State Street Corp (0.99%) and Summit Trail Advisors LLC (0.36%). Insiders that own company stock include James M Garnett Jr, Eric J Dale, Blake S Drexler, Daniel S Jones, Carl M Porto, Richard Castiglioni, Christine Chivily, Lawrence B Seidman, Todd Lampert, Darryl Demos, Steven H Brunner, Jeffrey R Dunne, Kevin D Leitao, Anahaita N Kotval, Ryan Jason Hildebrand, Penko Krassimir Ivanov and Laura Waitz.
View institutional ownership trends.

How do I buy shares of Bankwell Financial Group?

Shares of BWFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Bankwell Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bankwell Financial Group investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Alphabet (GOOG).

Company Calendar

• Last Earnings: 10/28/2024
• Ex-Dividend for 11/22 Dividend: 11/08/2024
• Dividend Payable: 11/22/2024
• Today: 12/25/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:BWFG
• CUSIP: N/A
• CIK: 1505732
• Web: www.mybankwell.com
• Phone: (203) 652-0166
• Fax: N/A
• Employees: 140
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $40.00
• High Stock Price Target: $40.00
• Low Stock Price Target: $40.00
• Potential Upside/Downside: +26.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.95
• Trailing P/E Ratio: 16.19
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $36.66 million
• Net Margins: 7.77%
• Pretax Margin: 10.50%
• Return on Equity: 5.74%
• Return on Assets: 0.48%

Debt

• Debt-to-Equity Ratio: 0.59
• Current Ratio: 1.06
• Quick Ratio: 1.06

Sales & Book Value

• Annual Sales: $89.21 million
• Price / Sales: 2.78
• Cash Flow: $5.05 per share
• Price / Cash Flow: 6.25
• Book Value: $34.84 per share
• Price / Book: 0.91

Miscellaneous

• Outstanding Shares: 7,859,000
• Free Float: 6,350,000
• Market Cap: $248.11 million
• Optionable: Not Optionable
• Beta: 0.86