Norwood Financial (NWFL) Scheduled to Post Quarterly Earnings on Thursday

Norwood Financial (NASDAQ:NWFL) is scheduled to be announcing its earnings results on Thursday, January 25th.

Norwood Financial (NASDAQ:NWFL) last posted its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter. The business had revenue of $10.73 million during the quarter. Norwood Financial had a return on equity of 9.07% and a net margin of 23.08%.

Norwood Financial (NASDAQ NWFL) opened at $32.12 on Thursday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $199.18, a price-to-earnings ratio of 19.39 and a beta of 0.13. Norwood Financial has a twelve month low of $21.49 and a twelve month high of $35.72.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Friday, January 12th will be issued a $0.22 dividend. The ex-dividend date is Thursday, January 11th. This represents a $0.88 dividend on an annualized basis and a yield of 2.74%. Norwood Financial’s dividend payout ratio (DPR) is 53.12%.

In other news, EVP John F. Carmody sold 2,219 shares of the stock in a transaction on Friday, December 1st. The stock was sold at an average price of $30.17, for a total value of $66,947.23. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ralph A. Matergia sold 825 shares of the stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $32.55, for a total value of $26,853.75. Following the completion of the sale, the director now directly owns 5,673 shares in the company, valued at $184,656.15. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,219 shares of company stock valued at $343,138. 6.40% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NWFL. State Street Corp purchased a new stake in shares of Norwood Financial in the second quarter worth $1,683,000. Vanguard Group Inc. grew its stake in shares of Norwood Financial by 42.4% in the second quarter. Vanguard Group Inc. now owns 25,878 shares of the financial services provider’s stock worth $1,093,000 after acquiring an additional 7,707 shares during the last quarter. Finally, California State Teachers Retirement System purchased a new stake in shares of Norwood Financial in the second quarter worth $287,000. 17.37% of the stock is currently owned by hedge funds and other institutional investors.

Separately, ValuEngine downgraded Norwood Financial from a “buy” rating to a “hold” rating in a report on Friday, December 1st.

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About Norwood Financial

Norwood Financial Corp. is a bank holding company. The Company operates through its subsidiary, Wayne Bank (the Bank). The Bank is a chartered bank and trust company. The Bank is an independent community bank that operates over five offices in the Wayne County, approximately three offices in Pike County, four offices in Monroe County and over three offices in Lackawanna County.

Earnings History for Norwood Financial (NASDAQ:NWFL)

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