BayFirst Financial Corp. (NASDAQ:BAFN - Get Free Report)'s share price traded up 3.4% on Wednesday . The stock traded as high as $14.91 and last traded at $15.54. 1,546 shares changed hands during trading, a decline of 80% from the average session volume of 7,830 shares. The stock had previously closed at $15.03.
BayFirst Financial Stock Performance
The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 0.98. The stock has a market cap of $66.06 million, a P/E ratio of 6.35 and a beta of 0.44. The business's 50-day moving average price is $15.35 and its 200-day moving average price is $15.30.
BayFirst Financial (NASDAQ:BAFN - Get Free Report) last released its earnings results on Thursday, April 24th. The company reported ($0.17) earnings per share for the quarter. The company had revenue of $19.75 million for the quarter. BayFirst Financial had a net margin of 8.80% and a return on equity of 14.81%.
BayFirst Financial Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Sunday, June 15th. Investors of record on Sunday, June 1st will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 2.00%. The ex-dividend date is Friday, May 30th. BayFirst Financial's dividend payout ratio is 14.29%.
Hedge Funds Weigh In On BayFirst Financial
Several large investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC purchased a new stake in shares of BayFirst Financial in the fourth quarter worth $133,000. Northern Trust Corp boosted its holdings in BayFirst Financial by 70.5% in the 4th quarter. Northern Trust Corp now owns 17,408 shares of the company's stock worth $232,000 after buying an additional 7,199 shares during the period. Finally, FNY Investment Advisers LLC bought a new position in BayFirst Financial in the 1st quarter worth $93,000. Hedge funds and other institutional investors own 16.88% of the company's stock.
BayFirst Financial Company Profile
(
Get Free Report)
BayFirst Financial Corp. operates as the bank holding company for BayFirst National Bank that provides community banking services for businesses and individuals. The company offers checking, savings, NOW, and money market deposit accounts, as well as certificates of deposit and individual retirement account; and safety deposit boxes.
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