News coverage about TCF Financial (NYSE:TCF) has been trending somewhat positive on Friday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. TCF Financial earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 45.4525705528298 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
- TCF to Announce Fourth Quarter 2017 Earnings and Host Conference Call on Tuesday, January 30, 2018 – Business Wire (press release) (businesswire.com)
- TCF Crosses Above Average Analyst Target (nasdaq.com)
- Why Huntington (HBAN) is a Great Stock to Buy Now – Nasdaq (nasdaq.com)
- TCF Financial (TCF) vs. The Competition Financial Survey (americanbankingnews.com)
TCF has been the topic of a number of research reports. Zacks Investment Research upgraded TCF Financial from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research report on Wednesday, November 1st. DA Davidson upgraded TCF Financial from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 31st. Royal Bank of Canada restated a “buy” rating and set a $20.00 price target on shares of TCF Financial in a research report on Friday, October 27th. Sandler O’Neill raised TCF Financial from a “hold” rating to a “buy” rating in a research note on Tuesday, November 28th. Finally, ValuEngine raised TCF Financial from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the stock. TCF Financial has a consensus rating of “Hold” and a consensus target price of $19.85.
TCF Financial (NYSE:TCF) traded up $0.12 during midday trading on Friday, hitting $22.05. The company had a trading volume of 815,900 shares, compared to its average volume of 1,613,162. The company has a quick ratio of 1.03, a current ratio of 1.04 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $3,730.00, a PE ratio of 19.51, a PEG ratio of 1.74 and a beta of 1.29. TCF Financial has a 12 month low of $14.58 and a 12 month high of $22.29.
TCF Financial (NYSE:TCF) last posted its earnings results on Friday, October 27th. The bank reported $0.29 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.02). The business had revenue of $343.30 million during the quarter, compared to the consensus estimate of $340.45 million. TCF Financial had a return on equity of 9.63% and a net margin of 15.27%. The firm’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.31 earnings per share. equities analysts anticipate that TCF Financial will post 0.9 EPS for the current year.
In related news, Director Peter Bell sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $20.53, for a total value of $307,950.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.50% of the stock is owned by company insiders.
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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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