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NASDAQ:BLFY

Blue Foundry Bancorp (BLFY) Stock Price, News & Analysis

$11.40
+0.13 (+1.15%)
(As of 07/26/2024 ET)
Today's Range
$11.22
$11.48
50-Day Range
$8.38
$11.40
52-Week Range
$7.08
$11.48
Volume
71,629 shs
Average Volume
55,284 shs
Market Capitalization
$270.28 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.13

Blue Foundry Bancorp MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
11.2% Downside
$10.13 Price Target
Short Interest
Healthy
2.61% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.65mentions of Blue Foundry Bancorp in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.69) to ($0.52) Per Share

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.

0.70 out of 5 stars

Finance Sector

847th out of 898 stocks

Savings Institutions, Except Federal Industry

20th out of 22 stocks

BLFY stock logo

About Blue Foundry Bancorp Stock (NASDAQ:BLFY)

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. The company was formerly known as Boiling Springs Bancorp and changed its name to Blue Foundry Bancorp in July 2019. Blue Foundry Bancorp was founded in 1939 and is based in Rutherford, New Jersey.

BLFY Stock Price History

BLFY Stock News Headlines

Q2 2024 Blue Foundry Bancorp Earnings Call Transcript
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
BLFY Stock Earnings: Blue Foundry Beats EPS, Beats Revenue for Q2 2024
Blue Foundry Bancorp Reports Second Quarter 2024 Results
Blue Foundry Bancorp (BLFY) to Release Earnings on Wednesday
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
See More Headlines
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Company Calendar

Last Earnings
7/24/2024
Today
7/26/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Savings institutions, except federal
Sub-Industry
Banking
Current Symbol
NASDAQ:BLFY
Fax
N/A
Employees
180
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.13
High Stock Price Target
$11.00
Low Stock Price Target
$9.25
Potential Upside/Downside
-11.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-7,400,000.00
Pretax Margin
-10.89%

Debt

Sales & Book Value

Annual Sales
$39.99 million
Book Value
$14.27 per share

Miscellaneous

Free Float
22,291,000
Market Cap
$270.28 million
Optionable
Optionable
Beta
0.54
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Key Executives

  • Mr. James D. NesciMr. James D. Nesci (Age 52)
    President, CEO & Director
    Comp: $1.24M
  • Ms. Kelly Pecoraro (Age 55)
    Executive VP & CFO
    Comp: $342.44k
  • Mr. Jason M. Goldberg (Age 49)
    Executive VP & Chief Lending Officer
    Comp: $486.72k
  • Mr. Aleksander Malkiman (Age 49)
    Executive VP & Chief Technology Officer
  • Ms. Elyse D. Beidner (Age 70)
    Executive VP & Chief Legal Officer
  • Ms. Acela Roselle (Age 63)
    Executive VP & Human Resources Director
  • Mr. Thomas R. Packwood (Age 58)
    Senior VP & Chief Audit Executive
  • Mr. Robert C. Rowe (Age 63)
    Executive VP & Chief Risk Officer
  • Mr. Alex Agnoletto (Age 32)
    VP & Controller

BLFY Stock Analysis - Frequently Asked Questions

How have BLFY shares performed this year?

Blue Foundry Bancorp's stock was trading at $9.67 on January 1st, 2024. Since then, BLFY stock has increased by 17.9% and is now trading at $11.40.
View the best growth stocks for 2024 here
.

How were Blue Foundry Bancorp's earnings last quarter?

Blue Foundry Bancorp (NASDAQ:BLFY) posted its quarterly earnings results on Wednesday, July, 24th. The company reported ($0.11) earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.08. The company had revenue of $21.83 million for the quarter, compared to analyst estimates of $9.67 million. Blue Foundry Bancorp had a negative net margin of 11.29% and a negative trailing twelve-month return on equity of 2.69%.

When did Blue Foundry Bancorp IPO?

Blue Foundry Bancorp (BLFY) raised $278 million in an IPO on Friday, July 16th 2021. The company issued 27,772,500 shares at a price of $10.00 per share.

Who are Blue Foundry Bancorp's major shareholders?

Top institutional shareholders of Blue Foundry Bancorp include Bank of New York Mellon Corp (0.31%) and SlateStone Wealth LLC (0.05%). Insiders that own company stock include Patrick H Kinzler, Margaret Letsche, James D Nesci, Robert Rowe, Robert Thomas Goldstein, Elizabeth Marie Miller, Jonathan M Shaw, Jason M Goldberg, Alexander Agnoletto, Michele Dowling Johnson and Brent Michael Ciurlino.
View institutional ownership trends
.

How do I buy shares of Blue Foundry Bancorp?

Shares of BLFY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BLFY) was last updated on 7/26/2024 by MarketBeat.com Staff

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