Media coverage about TCF Financial Corporation (NYSE:TCF) has been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. TCF Financial Corporation earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 47.6440256103365 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern’s analysis:
- Interesting TCF Put And Call Options For July 2018 (stockoptionschannel.com)
- Financial firms stall settlement talks amid US consumer watchdog upheaval – Reuters (reuters.com)
- Financial firms stall settlement talks amid U.S. consumer watchdog upheaval (PHH, WRLD, OCN) (markets.businessinsider.com)
- TCF Financial Corporation (TCF) Given Consensus Recommendation of “Hold” by Analysts (americanbankingnews.com)
A number of equities analysts recently weighed in on TCF shares. Deutsche Bank AG upped their target price on shares of TCF Financial Corporation from $17.00 to $18.00 and gave the stock a “hold” rating in a research note on Wednesday, November 8th. Zacks Investment Research lowered shares of TCF Financial Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. JMP Securities started coverage on shares of TCF Financial Corporation in a research note on Thursday, August 31st. They issued a “mkt perform” rating for the company. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $19.00 target price on shares of TCF Financial Corporation in a research note on Friday, September 8th. Finally, J P Morgan Chase & Co upped their target price on shares of TCF Financial Corporation from $18.00 to $19.00 and gave the stock a “neutral” rating in a research note on Monday, October 30th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $18.42.
TCF Financial Corporation (NYSE TCF) traded up $0.01 during trading on Wednesday, hitting $18.38. 568,619 shares of the stock were exchanged, compared to its average volume of 1,526,346. TCF Financial Corporation has a one year low of $14.58 and a one year high of $20.03. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.03 and a current ratio of 1.04. The firm has a market cap of $3,160.12, a P/E ratio of 16.12, a price-to-earnings-growth ratio of 1.82 and a beta of 1.25.
TCF Financial Corporation (NYSE:TCF) last posted its quarterly earnings data on Friday, October 27th. The bank reported $0.29 EPS for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.02). TCF Financial Corporation had a return on equity of 9.63% and a net margin of 15.27%. The business had revenue of $343.30 million for the quarter, compared to analyst estimates of $340.45 million. During the same quarter in the prior year, the company earned $0.31 earnings per share. The company’s quarterly revenue was up .4% on a year-over-year basis. analysts expect that TCF Financial Corporation will post 1.22 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 15th will be paid a $0.075 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $0.30 annualized dividend and a yield of 1.63%. TCF Financial Corporation’s dividend payout ratio (DPR) is currently 26.32%.
In other news, Director Barry N. Winslow bought 12,000 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The stock was acquired at an average cost of $25.00 per share, for a total transaction of $300,000.00. Following the purchase, the director now owns 2,365 shares of the company’s stock, valued at approximately $59,125. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.50% of the company’s stock.
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About TCF Financial Corporation
TCF Financial Corporation (TCF) is a bank holding company. The Company’s principal subsidiary is TCF National Bank (TCF Bank). The Company operates in three segments: Consumer Banking, Wholesale Banking and Enterprise Services. Consumer Banking comprises all of the Company’s consumer-facing businesses.
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