TCF Financial Corporation (NYSE:TCB) registered a -0.88% decrease, still its new closing price is 65.91% up from the company’s 1 year high of 20.03.It posted -11.64% losses in previous 5 sessions and is now the subject of 13 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 1 buy or better ratings. The 18 stock analysts following this company have an average price target at $18.83, with individual PT in the $15.00-$20.00 range. The shares moved at $16.93, implying that brokerage firms see shares gaining about 51.03% in twelve months time.
TCF Financial Corporation (TCB) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -13.58% fall year to date. A Chairman & CEO at TCF Financial Corporation (TCB) offloaded shares in a transaction closed on Monday November 30, 2015. COOPER WILLIAM ALLEN sold 84,066 shares in the company at $15.5 each and collected $1,303,000 in proceeds. COOPER WILLIAM ALLEN now owns 1,540,017 shares in the company after this transaction. A Chairman & CEO in the company, COOPER WILLIAM ALLEN, disclosed a transaction on Wednesday November 25, 2015 that ended up generating $270,000 from the sale of 17,427 shares at $15.5 per share.
TCF Financial Corporation (NYSE:TCB) Upcoming Results on Tap
TCF Financial Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.26 in that period. Sales during the quarter are predicted to arrive at $261.34 million.
Earnings surprise history: Last quarter, the company posted approximately $211.45 million in revenue and EPS of $0.27. The mean forecast was for $214.18 million and $0.31 a share, respectively. One quarter earlier, revenue for the stock was at $212.02 million, with earnings at $0.31/share.
TCF Financial Corporation (TCB) Brokerage Update
TCF Financial Corporation (TCB) is in Deutsche Bank’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Deutsche Bank, according to news reported on Friday January 20, 2017.Another important research note was issued by FBR Capital on Monday July 25, 2016.The firm downgraded TCB to Mkt Perform from Outperform. Over the last six months and over the last three months, the shares of TCF Financial Corporation (TCB), have changed 25.61% and 19.50%, respectively.