TCF Financial (TCF) Receiving Somewhat Favorable Press Coverage, Study Finds

Headlines about TCF Financial (NYSE:TCF) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty 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 0.19 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 46.9170431514974 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Several analysts have recently weighed in on TCF shares. Deutsche Bank lifted their target price on shares of TCF Financial from $17.00 to $18.00 and gave the company a “hold” rating in a research report on Wednesday, November 8th. Piper Jaffray Companies raised shares of TCF Financial from a “neutral” rating to an “overweight” rating and set a $23.00 price target for the company in a report on Tuesday, November 28th. JPMorgan Chase & Co. lifted their price target on shares of TCF Financial from $18.00 to $19.00 and gave the company a “neutral” rating in a report on Monday, October 30th. Zacks Investment Research downgraded shares of TCF Financial from a “hold” rating to a “sell” rating in a report on Monday, September 25th. Finally, DA Davidson reissued a “buy” rating and set a $23.00 price target on shares of TCF Financial in a report on Wednesday, November 29th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $19.85.

TCF Financial (TCF) opened at $22.12 on Thursday. TCF Financial has a 1-year low of $14.58 and a 1-year high of $22.42. The stock has a market cap of $3,820.34, a PE ratio of 19.40, a P/E/G ratio of 1.65 and a beta of 1.29. The company has a current ratio of 1.04, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59.

TCF Financial (NYSE:TCF) last announced its quarterly earnings results on Friday, October 27th. The bank reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.02). TCF Financial had a net margin of 15.27% and a return on equity of 9.63%. The firm had revenue of $343.30 million for the quarter, compared to the consensus estimate of $340.45 million. During the same period in the prior year, the business earned $0.31 earnings per share. The company’s revenue for the quarter was up .4% on a year-over-year basis. equities analysts predict that TCF Financial will post 1.24 earnings per share for the current fiscal year.

In other TCF Financial news, Director Peter Bell sold 15,000 shares of the business’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $20.53, for a total value of $307,950.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 2.50% of the company’s stock.

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About TCF Financial

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.

Insider Buying and Selling by Quarter for TCF Financial (NYSE:TCF)

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