Norwood Financial (NWFL) Expected to Announce Earnings on Monday

Norwood Financial (NASDAQ:NWFL - Get Free Report) is projected to release its Q4 2024 earnings data before the market opens on Monday, January 27th. Analysts expect Norwood Financial to post earnings of $0.55 per share for the quarter.

Norwood Financial (NASDAQ:NWFL - Get Free Report) last announced its quarterly earnings results on Monday, January 27th. The financial services provider reported $0.38 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.17). Norwood Financial had a net margin of 10.90% and a return on equity of 6.94%. On average, analysts expect Norwood Financial to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Norwood Financial Price Performance

Shares of NWFL traded up $0.13 during mid-day trading on Monday, reaching $26.14. 23,409 shares of the stock traded hands, compared to its average volume of 10,276. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.74. Norwood Financial has a 1 year low of $23.50 and a 1 year high of $34.50. The company has a market cap of $211.47 million, a price-to-earnings ratio of 16.44 and a beta of 0.62. The firm has a fifty day moving average price of $28.22 and a 200 day moving average price of $27.92.

Norwood Financial Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 4.74%. This is a boost from Norwood Financial's previous quarterly dividend of $0.30. The ex-dividend date is Wednesday, January 15th. Norwood Financial's payout ratio is presently 77.99%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on NWFL. Janney Montgomery Scott started coverage on Norwood Financial in a research report on Thursday, January 2nd. They set a "buy" rating and a $31.00 price target for the company. Piper Sandler assumed coverage on shares of Norwood Financial in a research note on Wednesday, January 8th. They issued a "neutral" rating and a $28.00 target price on the stock.

Insider Activity at Norwood Financial

In other Norwood Financial news, Director Ronald R. Schmalzle purchased 7,692 shares of the firm's stock in a transaction on Thursday, December 19th. The shares were purchased at an average cost of $26.00 per share, with a total value of $199,992.00. Following the completion of the purchase, the director now owns 15,510 shares of the company's stock, valued at $403,260. The trade was a 98.39 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 9.10% of the stock is owned by insiders.

Norwood Financial Company Profile

Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services. The company accepts a range of deposit products, including interest-bearing and non-interest-bearing transaction accounts, and statement savings and money market accounts, as well as certificate of deposits.