Media coverage about TCF Financial (NYSE:TCF) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TCF Financial earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 45.5713156079103 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of equities analysts recently issued reports on TCF shares. Morgan Stanley boosted their target price on shares of TCF Financial from $21.50 to $22.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 1st. Royal Bank of Canada reaffirmed a “buy” rating and set a $25.00 target price on shares of TCF Financial in a research report on Wednesday, January 31st. Piper Jaffray Companies reaffirmed a “buy” rating and set a $25.00 target price on shares of TCF Financial in a research report on Tuesday, January 9th. Wells Fargo & Co downgraded shares of TCF Financial from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 31st. Finally, Zacks Investment Research downgraded shares of TCF Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, February 13th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $21.67.
Shares of TCF Financial (TCF) opened at $23.23 on Thursday. TCF Financial has a 52 week low of $14.58 and a 52 week high of $23.80. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market cap of $3,970.00, a price-to-earnings ratio of 35.20, a price-to-earnings-growth ratio of 1.69 and a beta of 1.11.
The company also recently announced a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Thursday, February 15th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.58%. The ex-dividend date of this dividend was Wednesday, February 14th. This is an increase from TCF Financial’s previous quarterly dividend of $0.08. TCF Financial’s payout ratio is currently 90.91%.
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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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