Should I buy or sell Canadian Western Bank stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Western Bank in the last twelve months. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CWB shares. View CWB analyst ratings or view top-rated stocks .

What is Canadian Western Bank's stock price target for 2024?

12 brokerages have issued 12-month price objectives for Canadian Western Bank's stock. Their CWB share price targets range from C$31.00 to C$37.00. On average, they predict the company's share price to reach C$33.73 in the next year. This suggests a possible upside of 27.7% from the stock's current price. View analysts price targets for CWB or view top-rated stocks among Wall Street analysts .

How have CWB shares performed in 2024?

Canadian Western Bank's stock was trading at C$30.87 on January 1st, 2024. Since then, CWB stock has decreased by 14.4% and is now trading at C$26.42. View the best growth stocks for 2024 here .

When is Canadian Western Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 24th 2024. View our CWB earnings forecast .

How were Canadian Western Bank's earnings last quarter?

Canadian Western Bank (TSE:CWB) released its earnings results on Friday, March, 1st. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.02. The firm earned $289.99 million during the quarter, compared to analyst estimates of $301.10 million. Canadian Western Bank had a trailing twelve-month return on equity of 8.58% and a net margin of 31.97%.

How often does Canadian Western Bank pay dividends? What is the dividend yield for Canadian Western Bank?

Canadian Western Bank declared a quarterly dividend on Friday, March 1st. Investors of record on Thursday, March 7th will be given a dividend of 0.34 per share on Thursday, March 21st. This represents a $1.36 annualized dividend and a dividend yield of 5.15%. The ex-dividend date is Wednesday, March 6th. Read our dividend analysis for CWB .

Is Canadian Western Bank a good dividend stock?

Canadian Western Bank (TSE:CWB) pays an annual dividend of C$1.34 per share and currently has a dividend yield of 4.75%. CWB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 40.61%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CWB .

What other stocks do shareholders of Canadian Western Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Western Bank investors own include Intelsat (I) , Bank of Nova Scotia (BNS) , Air Canada (AC) , Bank of America (BAC) , Toronto-Dominion Bank (TD) , Bombardier, Inc. Class B (BBD.B) , Associated British Foods (ABF) , Chaarat Gold (CGH) , Fossil Group (FOSL) and AMC Entertainment (AMC) .

How do I buy shares of Canadian Western Bank?

Shares of CWB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:CWB

Canadian Western Bank (CWB) Stock Price, News & Analysis

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C$26.59

+0.17 (+0.64%)

(As of 12:27 PM ET)

Compare

Today's Range: C$26.27
▼
C$26.66
50-Day Range: C$26.08
▼
C$29.37
52-Week Range: C$22.96
▼
C$31.64

Volume: 32,858 shs
Average Volume: 284,951 shs
Market Capitalization: C$2.57 billion

P/E Ratio: 8.06
Dividend Yield: 5.04%
Price Target: C$33.73

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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Canadian Western Bank MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 27.7% Upside
C$33.73 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.40
Based on 3 Articles This Week
Insider Trading: Selling Shares
C$115,319 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.86 out of 5 stars

4.4

Analyst's Opinion

Consensus Rating
Canadian Western Bank has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Canadian Western Bank has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for CWB.

2.5

Dividend Strength

Dividend Leadership
Canadian Western Bank is a leading dividend payer. It pays a dividend yield of 4.75%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Canadian Western Bank does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Canadian Western Bank is 40.61%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CWB.

1.9

News and Social Media Coverage

News Sentiment
Canadian Western Bank has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Canadian Western Bank this week, compared to 1 article on an average week.
Search Interest
Only 6 people have searched for CWB on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canadian Western Bank insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$115,319.00 in company stock.
Percentage Held by Insiders
Only 0.32% of the stock of Canadian Western Bank is held by insiders.
Percentage Held by Institutions
Only 32.51% of the stock of Canadian Western Bank is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian Western Bank is 8.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian Western Bank is 8.01, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 460.66.
Price to Earnings Growth Ratio
Canadian Western Bank has a PEG Ratio of 2.95. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Canadian Western Bank has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Canadian Western Bank Stock (TSE:CWB)

Canadian Western Bank provides personal and business banking products and services in Western Canada. The company offers current, savings, US dollar, chequing, flex notice, organization, business trust, and trust fund investment accounts. It also offers commercial lending and real estate, equipment financing and leasing, aviation financing, and dealership financing products; agriculture lending products and AgriInvest savings account; variable and fixed rate mortgages; line of credit; registered retirement savings plan, consolidation, and vehicle loans; and credit cards. In addition, the company offers cash management services; prestige banking services; life and disability creditor insurance products; and ATM, mobile, and online banking services, as well as cheque order services. Further, it provides investment products comprising guaranteed investment certificates, US dollars investments plans, registered retirement income fund, tax free savings accounts, registered education savings plans, and mutual funds; financial planning services; and specialized financing, wealth management, and trust services. Canadian Western Bank was founded in 1984 and is headquartered in Edmonton, Canada.

CWB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CWB Stock News Headlines

April 10, 2024 | insidertrades.com

Mark Stafford Sells 1,708 Shares of Canadian Western Bank (TSE:CWB) Stock

April 18, 2024 | finance.yahoo.com

CWB named to Canada's Most Admired™ Corporate Cultures Hall of Fame with fourth win

April 19, 2024 | Darwin (Ad)

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April 12, 2024 | msn.com

$14.2M bank theft sparks court battle with B.C. crypto firm

April 10, 2024 | americanbankingnews.com

Canadian Western Bank (TSE:CWB) Senior Officer Mark Stafford Sells 1,708 Shares of Stock

April 4, 2024 | tmcnet.com

Brim Financial Secures $85 Million in Series C Funding to Fuel Global Expansion

March 27, 2024 | msn.com

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Canadian Western Bank (CWB)

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March 13, 2024 | ca.finance.yahoo.com

Canadian Western Bank (CWB.TO)

March 13, 2024 | fool.ca

2 Top Bank Stocks to Buy Hand Over Fist in 2024

March 6, 2024 | morningstar.com

Canadian Western Bank CWB

March 1, 2024 | markets.businessinsider.com

Canadian Market In Positive Territory As Investors React To Earnings

February 20, 2024 | msn.com

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February 14, 2024 | markets.businessinsider.com

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January 23, 2024 | wsj.com

Canadian Western Bank

January 22, 2024 | tmcnet.com

New survey data highlights potential for Canadian SMEs to increase efficiency as 60 per cent face cash flow management challenges

January 12, 2024 | msn.com

CRA Alert: 3 Benefits to Claim on 2024 Taxes (Start Now)

January 9, 2024 | theglobeandmail.com

Closing Bell: Canadian Western Bank Pref Series 9 flat on Friday (CWB-PR-D)

December 29, 2023 | finance.yahoo.com

Crown Capital Announces Amendment to Credit Facility, Closing of Private Placement Offering of Units and Appointment of New Director

December 20, 2023 | theglobeandmail.com

Closing Bell: Canadian Western Bank Pref Series 9 up on Tuesday (CWB-PR-D)

December 20, 2023 | theglobeandmail.com

Closing Bell: Canadian Western Bank Pref Series 9 flat on Monday (CWB-PR-D)

December 14, 2023 | msn.com

3 Must-Know TFSA Strategies for Maximizing Wealth in 2024

December 11, 2023 | msn.com

TSX Today: Why Canadian Stocks Could Fall on Monday, December 11

December 8, 2023 | theglobeandmail.com

Market movers: Why CWB-T, FM-T, EQB-T and more stocks are seeing action on Friday

December 4, 2023 | finance.yahoo.com

CWB changes the start time of its Q4 and fiscal 2023 conference call and webcast on December 8th

See More Headlines

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Company Calendar

Last Earnings: 3/01/2024
Ex-Dividend for 3/21 Dividend: 3/06/2024
Dividend Payable: 3/21/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/24/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Financial Services
Industry: Banks - Regional
Sub-Industry: N/A
Current Symbol: TSE:CWB
CUSIP: N/A
CIK: N/A
Web: www.cwbank.com
Phone: +1-780-4238888
Fax: N/A
Employees: 2,454
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$33.73
High Stock Price Target: C$37.00
Low Stock Price Target: C$31.00
Potential Upside/Downside: +27.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$3.30
Trailing P/E Ratio: 8.01
Forward P/E Ratio: 7.42
P/E Growth: 2.95
Net Income: C$317.87 million
Net Margins: 31.97%
Pretax Margin: N/A
Return on Equity: 8.58%
Return on Assets: 0.82%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: C$1.08 billion
Price / Sales: 2.36
Cash Flow: C$2.59 per share
Price / Cash Flow: 10.20
Book Value: C$40.50 per share
Price / Book: 0.65

Miscellaneous

Outstanding Shares: 96,480,000
Free Float: N/A
Market Cap: C$2.55 billion
Optionable: Not Optionable
Beta: 1.57

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Key Executives

Mr. Christopher H. Fowler M.A. (Age 64)
President, CEO & Director
Comp: $1.69M
Mr. Robin Matthew Rudd C.A.
CPA, Chief Financial Officer
Mr. Stephen H. E. Murphy M.B.A.
Group Head of Commercial, Personal & Wealth
Mr. Jeffrey Isaac-Louis Wright
Group Head of Client Solutions & Specialty Businesses
Ms. M. Carolina Parra M.B.A.
Chief Risk Officer
Mr. Vladimir Ahmad
Senior Vice President of Operations & Business Transformation
Mr. Patrick Gallagher
Vice President of Strategy & Investor Relations
Ms. Monique M. Petrin Nicholson
Senior VP, General Counsel & Corporate Secretary
Angela Saveraux M.B.A.
Assistant Vice President of Marketing & Public Relations
Ms. Kelly S. Blackett
Chief People & Culture Officer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CWB Stock Analysis - Frequently Asked Questions

Should I buy or sell Canadian Western Bank stock right now?: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Western Bank in the last twelve months. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CWB shares.
View CWB analyst ratings or view top-rated stocks.
What is Canadian Western Bank's stock price target for 2024?: 12 brokerages have issued 12-month price objectives for Canadian Western Bank's stock. Their CWB share price targets range from C$31.00 to C$37.00. On average, they predict the company's share price to reach C$33.73 in the next year. This suggests a possible upside of 27.7% from the stock's current price.
View analysts price targets for CWB or view top-rated stocks among Wall Street analysts.
How have CWB shares performed in 2024?: Canadian Western Bank's stock was trading at C$30.87 on January 1st, 2024. Since then, CWB stock has decreased by 14.4% and is now trading at C$26.42.
View the best growth stocks for 2024 here.
When is Canadian Western Bank's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, May 24th 2024.
View our CWB earnings forecast.
How were Canadian Western Bank's earnings last quarter?: Canadian Western Bank (TSE:CWB) released its earnings results on Friday, March, 1st. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.02. The firm earned $289.99 million during the quarter, compared to analyst estimates of $301.10 million. Canadian Western Bank had a trailing twelve-month return on equity of 8.58% and a net margin of 31.97%.

How often does Canadian Western Bank pay dividends? What is the dividend yield for Canadian Western Bank?: Canadian Western Bank declared a quarterly dividend on Friday, March 1st. Investors of record on Thursday, March 7th will be given a dividend of 0.34 per share on Thursday, March 21st. This represents a $1.36 annualized dividend and a dividend yield of 5.15%. The ex-dividend date is Wednesday, March 6th.
Read our dividend analysis for CWB.
Is Canadian Western Bank a good dividend stock?: Canadian Western Bank (TSE:CWB) pays an annual dividend of C$1.34 per share and currently has a dividend yield of 4.75%. CWB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 40.61%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CWB.
What other stocks do shareholders of Canadian Western Bank own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Western Bank investors own include Intelsat (I), Bank of Nova Scotia (BNS), Air Canada (AC), Bank of America (BAC), Toronto-Dominion Bank (TD), Bombardier, Inc. Class B (BBD.B), Associated British Foods (ABF), Chaarat Gold (CGH), Fossil Group (FOSL) and AMC Entertainment (AMC).
How do I buy shares of Canadian Western Bank?: Shares of CWB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CWB) was last updated on 4/19/2024 by MarketBeat.com Staff

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Canadian Western Bank (CWB) Stock Price, News & Analysis

Canadian Western Bank MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Canadian Western Bank Stock (TSE:CWB)

CWB Stock Price History

CWB Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CWB Stock Analysis - Frequently Asked Questions

Overall MarketRank^™