Norwood Financial (NASDAQ:NWFL) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

Norwood Financial Corp. (NASDAQ:NWFL)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $25.71 and traded as high as $26.47. Norwood Financial shares last traded at $26.19, with a volume of 31,010 shares.

Wall Street Analyst Weigh In

Several research firms have issued reports on NWFL. Stephens reaffirmed an “equal weight” rating and issued a $25.50 price target on shares of Norwood Financial in a report on Monday, April 21st. Wall Street Zen upgraded Norwood Financial from a “sell” rating to a “hold” rating in a report on Saturday, May 10th.

Norwood Financial Trading Up 1.6%

The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.54. The stock has a market cap of $242.52 million, a price-to-earnings ratio of 291.00 and a beta of 0.68. The company has a fifty day simple moving average of $25.71 and a 200-day simple moving average of $25.49.

Norwood Financial (NASDAQ:NWFL) last released its earnings results on Thursday, April 17th. The financial services provider reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.04. Norwood Financial had a net margin of 1.12% and a return on equity of 8.35%. The business had revenue of $20.20 million for the quarter, compared to the consensus estimate of $20.60 million. On average, research analysts forecast that Norwood Financial Corp. will post 2.51 earnings per share for the current fiscal year.

Norwood Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Tuesday, July 15th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 4.73%. The ex-dividend date is Tuesday, July 15th. Norwood Financial’s dividend payout ratio is 1,377.78%.

Institutional Trading of Norwood Financial

Large investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in shares of Norwood Financial in the fourth quarter valued at $1,394,000. Emerald Advisers LLC acquired a new position in Norwood Financial during the fourth quarter valued at $122,000. JPMorgan Chase & Co. raised its position in Norwood Financial by 89.0% during the fourth quarter. JPMorgan Chase & Co. now owns 26,314 shares of the financial services provider’s stock valued at $716,000 after buying an additional 12,392 shares during the period. Wellington Management Group LLP purchased a new stake in Norwood Financial in the 4th quarter worth about $16,814,000. Finally, Alliancebernstein L.P. purchased a new stake in Norwood Financial in the 4th quarter worth about $2,092,000. 28.08% of the stock is owned by institutional investors and hedge funds.

Norwood Financial Company Profile

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.