TCF Financial (TCF) Earns Coverage Optimism Rating of 0.24
Headlines about TCF Financial (NYSE:TCF) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TCF Financial earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 46.8843627671477 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern’s scoring:
- TCF Financial Co. (TCF) Increases Dividend to $0.15 Per Share (americanbankingnews.com)
- TCF Financial (TCF) Stock Down 1.68% on Q4 Earnings Miss (finance.yahoo.com)
- TCF Financial’s (TCF) Buy Rating Reiterated at Royal Bank of Canada (americanbankingnews.com)
- TCF Financial (TCF) Stock Rating Lowered by Wells Fargo & Co (americanbankingnews.com)
- TCF Announces 100 Percent Common Stock Dividend Increase and Redemption of Series B Preferred Stock (finance.yahoo.com)
TCF Financial (NYSE:TCF) traded down $0.14 during trading hours on Wednesday, reaching $21.45. The company had a trading volume of 3,240,378 shares, compared to its average volume of 1,190,000. TCF Financial has a twelve month low of $14.58 and a twelve month high of $22.42. The firm has a market cap of $3,690.00, a price-to-earnings ratio of 18.98, a P/E/G ratio of 1.63 and a beta of 1.29. The company has a quick ratio of 1.03, a current ratio of 1.04 and a debt-to-equity ratio of 0.59.
Several brokerages have recently commented on TCF. Royal Bank of Canada reiterated a “buy” rating and issued a $25.00 target price on shares of TCF Financial in a research report on Wednesday. Wells Fargo & Co lowered TCF Financial from an “outperform” rating to a “market perform” rating in a research report on Wednesday. JPMorgan Chase & Co. lowered TCF Financial from a “neutral” rating to an “underweight” rating and set a $22.00 price objective for the company. in a research report on Wednesday. Piper Jaffray Companies restated a “buy” rating and set a $25.00 price objective on shares of TCF Financial in a research report on Tuesday, January 9th. Finally, Barclays boosted their price objective on TCF Financial from $21.00 to $23.00 and gave the company an “overweight” rating in a research report on Tuesday, January 2nd. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $20.58.
In related news, Director Peter Bell sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $20.53, for a total transaction of $307,950.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.50% of the company’s stock.
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TCF Financial Company Profile
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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