Norwood Financial (NASDAQ:NWFL) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Norwood Financial (NASDAQ:NWFLGet Rating) in a research report report published on Monday. The brokerage issued a buy rating on the financial services provider’s stock.

NASDAQ:NWFL opened at $28.25 on Monday. The business’s 50-day moving average price is $28.19 and its 200 day moving average price is $27.13. The firm has a market cap of $231.73 million, a P/E ratio of 9.32 and a beta of 0.46. Norwood Financial has a 52-week low of $24.41 and a 52-week high of $29.00. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.15.

Norwood Financial (NASDAQ:NWFLGet Rating) last released its earnings results on Friday, January 28th. The financial services provider reported $0.81 earnings per share (EPS) for the quarter. The firm had revenue of $18.52 million for the quarter. Norwood Financial had a return on equity of 12.40% and a net margin of 31.38%.

The business also recently declared a quarterly dividend, which will be paid on Monday, May 2nd. Investors of record on Thursday, April 14th will be given a $0.28 dividend. The ex-dividend date is Wednesday, April 13th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.96%. Norwood Financial’s dividend payout ratio (DPR) is 36.96%.

Large investors have recently added to or reduced their stakes in the stock. Tompkins Financial Corp acquired a new position in shares of Norwood Financial in the 4th quarter valued at $130,000. Geode Capital Management LLC boosted its position in shares of Norwood Financial by 10.0% in the 3rd quarter. Geode Capital Management LLC now owns 65,753 shares of the financial services provider’s stock valued at $1,690,000 after purchasing an additional 5,961 shares during the period. LSV Asset Management acquired a new position in shares of Norwood Financial in the 3rd quarter valued at $179,000. Parametric Portfolio Associates LLC acquired a new position in shares of Norwood Financial in the 2nd quarter valued at $226,000. Finally, JPMorgan Chase & Co. boosted its position in shares of Norwood Financial by 148.2% in the 4th quarter. JPMorgan Chase & Co. now owns 61,563 shares of the financial services provider’s stock valued at $1,600,000 after purchasing an additional 36,761 shares during the period. Institutional investors and hedge funds own 16.84% of the company’s stock.

Norwood Financial Company Profile (Get Rating)

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.

See Also

Receive News & Ratings for Norwood Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwood Financial and related companies with MarketBeat.com's FREE daily email newsletter.