BayFirst Financial Corp. (NASDAQ:BAFN - Get Free Report)'s stock price fell 0.5% during mid-day trading on Thursday . The company traded as low as $14.26 and last traded at $14.26. 3,605 shares changed hands during trading, a decline of 54% from the average session volume of 7,880 shares. The stock had previously closed at $14.33.
BayFirst Financial Stock Performance
The stock's 50-day moving average is $14.91 and its 200 day moving average is $15.69. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.95 and a current ratio of 1.00. The firm has a market cap of $60.82 million, a P/E ratio of 6.58 and a beta of 0.41.
BayFirst Financial (NASDAQ:BAFN - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported ($0.17) EPS for the quarter. The firm had revenue of $19.75 million during the quarter. BayFirst Financial had a net margin of 8.22% and a return on equity of 12.68%.
BayFirst Financial Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Sunday, June 15th. Stockholders of record on Sunday, June 1st were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 2.17%. The ex-dividend date was Friday, May 30th. BayFirst Financial's payout ratio is presently 14.29%.
Institutional Investors Weigh In On BayFirst Financial
Several institutional investors have recently made changes to their positions in the stock. FNY Investment Advisers LLC bought a new stake in shares of BayFirst Financial in the first quarter worth $93,000. Northern Trust Corp raised its stake in shares of BayFirst Financial by 70.5% in the fourth quarter. Northern Trust Corp now owns 17,408 shares of the company's stock valued at $232,000 after purchasing an additional 7,199 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of BayFirst Financial during the 4th quarter worth about $133,000. 16.88% of the stock is currently owned by hedge funds and other institutional investors.
About BayFirst Financial
(
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.
Featured Articles
Before you consider BayFirst Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BayFirst Financial wasn't on the list.
While BayFirst Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
