Bankwell Financial Group Inc (BWFG, Financial) is set to release its Q3 2024 earnings on Oct 29, 2024. The consensus estimate for Q3 2024 revenue is $22.17 million, and the earnings are expected to come in at -$0.08 per share. The full year 2024's revenue is expected to be $88.53 million and the earnings are expected to be $1.19 per share. More detailed estimate data can be found on the Forecast page.
Bankwell Financial Group Inc (BWFG, Financial) Estimate Trends
Over the past 90 days, revenue estimates for Bankwell Financial Group Inc (BWFG) have seen an upward revision from $88.01 million to $88.53 million for the full year 2024. However, estimates for 2025 have decreased from $97.92 million to $97.23 million. Earnings estimates have been adjusted downward from $1.96 per share to $1.19 per share for the full year 2024, while for 2025, they have been revised upward from $3.48 per share to $3.52 per share.
Bankwell Financial Group Inc (BWFG, Financial) Reported History
In the previous quarter of June 30, 2024, Bankwell Financial Group Inc's (BWFG) actual revenue was $20.30 million, which missed analysts' revenue expectations of $21.34 million by -4.87%. Bankwell Financial Group Inc's (BWFG) actual earnings were $0.15 per share, which beat analysts' earnings expectations of $0.10 per share by 45%. After releasing the results, Bankwell Financial Group Inc (BWFG) was down by -0.34% in one day.
Bankwell Financial Group Inc (BWFG, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 1 analyst, the average target price for Bankwell Financial Group Inc (BWFG) is $34 with a high estimate of $34 and a low estimate of $34. The average target implies an upside of 21.21% from the current price of $28.05.
Based on GuruFocus estimates, the estimated GF Value for Bankwell Financial Group Inc (BWFG, Financial) in one year is $30.17, suggesting an upside of 7.56% from the current price of $28.05.
Based on the consensus recommendation from 1 brokerage firm, Bankwell Financial Group Inc's (BWFG, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
