Home Sectors Financial Services Stock to Watch: TCF Financial Corporation (NYSE: TCF)

Stock to Watch: TCF Financial Corporation (NYSE: TCF)

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TCF Financial Corporation trades as part of the banking industry and is in the financial services sector. The company CEO is Craig R. Dahl. TCF Financial Corp is a bank holding company of TCF National Bank. It operates in three segments namely Consumer Banking, Wholesale Banking and Enterprise Services.

Previous Intraday Trading Performance:

The TCF stock showed a previous change of -1.44% with an open at 25.66 and a close of 25.28. It reached an intraday high of 25.89 and a low of 25.03.

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Liquidity:

The stock has a market cap of $4.3b with 168.3m shares outstanding, of which the float is 164.0m shares. Trading volume reached 1,412,279 shares compared to its average volume of 1,612,043 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, TCF Financial Corporation shares returned 2.43% and in the past 30 trading days it returned -2.73%. Over three months, it changed 12.51%. In one year it has changed 62.33% and within that year its 52-week high was 27.34 and its 52-week low was 14.58. TCF stock is 73.39% above its 52 Week Low.

Our calculations show a 200 day moving average of 21.68 and a 50 day moving average of 25.82. Currently TCF stock is trading 16.62% above its 200 day moving average.

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Earnings:

The last annual fiscal EPS for the company was reported at 1.45 that ended on 31st of December 2017, which according to the previous close, that is a PE of 17.43. Based on 10 analyst estimates, the consensus EPS for the next quarter is 0.47. The TTM EPS is 1.34, which comes to a TTM PE of 18.87.

The following are the last four quarter reported earnings per share:
03-31-2018:  0.39
12-31-2017:  0.33
09-30-2017:  0.29
06-30-2017:  0.33

The dividend per share is currently 0.60, which is a dividend yield of 2.34%. Also, the payout ratio is 44.78%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 21.36, which means it may be overvalued by -18.33%

Indicators to Watch:

Based on the latest filings, there is 2.50% of insider ownership and 90.20% of institutional ownership. Short-interest is 5,772,158, which is 3.43% of shares outstanding. The short-interest ratio or days-to-cover ratio is 3.03. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.05

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Fundamental Indicators:

Based on last reported financials, the company's return on equity is 11.75%, return on assets is 1.18%, profit margin is 21.22%, price-to-sales is 3.67 and price-to-book is 1.79.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 5  :Past Performance Score
 6  :Financial Strength Score
 1  :Future Growth Score
 3  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.