Blue Foundry Bancorp (BLFY) Projected to Post Earnings on Wednesday

Blue Foundry Bancorp (NASDAQ:BLFY - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $11.80 million for the quarter.

Blue Foundry Bancorp (NASDAQ:BLFY - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.16) by $0.03. Blue Foundry Bancorp had a negative net margin of 13.21% and a negative return on equity of 3.50%. The company had revenue of $11.14 million for the quarter, compared to analyst estimates of $10.29 million. On average, analysts expect Blue Foundry Bancorp to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Blue Foundry Bancorp Stock Down 1.0%

Shares of BLFY traded down $0.09 during mid-day trading on Friday, hitting $9.11. 39,771 shares of the company's stock were exchanged, compared to its average volume of 51,629. Blue Foundry Bancorp has a twelve month low of $8.34 and a twelve month high of $11.48. The firm has a fifty day moving average of $9.35 and a two-hundred day moving average of $9.41. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.02. The stock has a market cap of $197.87 million, a price-to-earnings ratio of -16.27 and a beta of 0.61.

Insider Transactions at Blue Foundry Bancorp

In other news, Director Mirella Lang sold 4,520 shares of the company's stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $8.75, for a total transaction of $39,550.00. Following the transaction, the director directly owned 44,028 shares in the company, valued at approximately $385,245. This represents a 9.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 5.34% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Blue Foundry Bancorp

A hedge fund recently raised its stake in Blue Foundry Bancorp stock. Jane Street Group LLC boosted its position in shares of Blue Foundry Bancorp (NASDAQ:BLFY - Free Report) by 147.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,120 shares of the company's stock after purchasing an additional 20,339 shares during the quarter. Jane Street Group LLC owned 0.16% of Blue Foundry Bancorp worth $314,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 56.52% of the company's stock.

About Blue Foundry Bancorp

Blue Foundry Bancorp operates as a bank holding company for Blue Foundry Bank, a savings bank that offers various banking products and services for individuals and businesses in the United States. The company offers saving, time, and non-interest bearing deposits; demand accounts; and loans, such as one-to-four family residential property, multi-family, residential real estate, non-residential real estate, consumer, construction, and commercial and industrial loans, as well as junior liens and home equity lines of credit.