Summary Report: Northwest Bancshares
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TM Editor's Note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence.
Northwest Bancshares (NWBI) was founded in 1896 and is headquartered in Columbus, Ohio.
Northwest Bancshares Inc. is a stockholding company for Northwest Bank, a stock savings bank and a community-oriented financial institution offering personal and commercial banking business solutions, investment management, trust services, and insurance products.
It also offers consumer finance loans through a wholly-owned subsidiary.
Three key data points gauge NWBI or any dividend-paying entity, namely:
(1) Price
(2) Dividends
(3) Return
Those keys also indicate if any company has made, is making, and will make money.
NWBI Price
Northwest Bancshares' price dropped 3.9% from $12.69 to $12.20 over the past year, as of Wednesday.
Five analysts cover the stock, and the median of their one-year target estimates suggests the NWBI stock price growing to $13.30 over the coming year.
NWBI Dividends
Northwest Bancshares has paid dividends quarterly since April 28, 1998.
The current forward-looking annual dividend of $0,80 yields 6.56% per Wednesday’s $12.20 closing price.
NWBI Returns
Putting it all together, a $1.90 estimated gross gain per share shows up when adding NWBI’s annual $0.80 dividend to an estimated $1.10 annual price gain.
A little under $1000 invested at the recent $12.20 share price would buy almost 82 shares which, multiply the $1.90 gross gain to an estimated $155.74 for the coming year.
Furthermore, over42% of that $156 gain comes from the $65.60 in annual dividends generated from a $1,000 investment.
Besides, the $65.60 annual total dividend from your $1k investment is over 5.3 times greater than the recent $12.20 single-share price.
(A dividend dogcatcher rule is to only buy a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)
Therefore, you may choose to pounce on NWBI to get that current $65.60 annual dividend income that has been paid out over the past 27 years.
The exact track of NWBI’s future share price and dividends will entirely be determined by market action and company finances.
Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.
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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...
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