Positive News Coverage Somewhat Unlikely to Affect Bankwell Financial Group (BWFG) Share Price

Media coverage about Bankwell Financial Group (NASDAQ:BWFG) has been trending positive on Sunday, Accern Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bankwell Financial Group earned a news sentiment score of 0.44 on Accern’s scale. Accern also gave press coverage about the bank an impact score of 44.7853522523241 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Several analysts recently commented on the company. ValuEngine lowered Bankwell Financial Group from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $37.00 target price on shares of Bankwell Financial Group in a report on Thursday, July 27th.

Shares of Bankwell Financial Group (NASDAQ BWFG) traded up $0.12 on Friday, reaching $33.70. The company’s stock had a trading volume of 10,082 shares, compared to its average volume of 12,605. 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 one year low of $26.75 and a one year high of $38.50. The firm has a market capitalization of $260.07, a price-to-earnings ratio of 17.28 and a beta of 0.56.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 27th. Shareholders of record on Friday, November 17th will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 0.83%. The ex-dividend date is Thursday, November 16th. Bankwell Financial Group’s payout ratio is currently 14.36%.

In other Bankwell Financial Group news, Director Blake S. Drexler acquired 1,128 shares of the company’s stock in a transaction on Monday, November 6th. The shares were bought at an average cost of $36.59 per share, with a total value of $41,273.52. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Todd Lampert sold 2,250 shares of the firm’s stock in a transaction that occurred on Friday, September 22nd. The shares were sold at an average price of $33.93, for a total value of $76,342.50. The disclosure for this sale can be found here. Over the last three months, insiders sold 16,968 shares of company stock worth $624,365. 22.37% of the stock is owned by corporate insiders.

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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.

Insider Buying and Selling by Quarter for Bankwell Financial Group (NASDAQ:BWFG)

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