S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Laser breakthrough could send stock soaring 2,467% (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Laser breakthrough could send stock soaring 2,467% (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Laser breakthrough could send stock soaring 2,467% (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Laser breakthrough could send stock soaring 2,467% (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people

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

$8.40
-0.06 (-0.71%)
(As of 09/22/2023 ET)
Compare
Today's Range
$8.34
$8.50
50-Day Range
$8.40
$10.38
52-Week Range
$8.14
$13.17
Volume
71,474 shs
Average Volume
60,804 shs
Market Capitalization
$213.11 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.83

Blue Foundry Bancorp MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
29.0% Upside
$10.83 Price Target
Short Interest
Bearish
1.82% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.38) to ($0.49) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.87 out of 5 stars

Finance Sector

700th out of 841 stocks

Savings Institutions, Except Federal Industry

11th out of 16 stocks


BLFY stock logo

About Blue Foundry Bancorp (NASDAQ:BLFY) Stock

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. It offers deposits; and loans, such as one-to-four family residential property, multi-family, non-residential real estate, construction, consumer, 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 Price History

BLFY Stock News Headlines

The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Piper Sandler Sticks to Their Hold Rating for Blue Foundry (BLFY)
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
BLFY Blue Foundry Bancorp
See More Headlines
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BLFY Company Calendar

Last Earnings
7/26/2023
Today
9/24/2023
Next Earnings (Estimated)
10/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Savings institutions, except federal
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:BLFY
Fax
N/A
Employees
198
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$10.83
High Stock Price Forecast
$13.00
Low Stock Price Forecast
$9.50
Forecasted Upside/Downside
+29.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$2.40 million
Pretax Margin
-1.27%

Debt

Sales & Book Value

Annual Sales
$65.08 million
Cash Flow
$0.20 per share
Book Value
$14.12 per share

Miscellaneous

Free Float
25,061,000
Market Cap
$213.11 million
Optionable
Not Optionable
Beta
0.25

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

  • Mr. James D. NesciMr. James D. Nesci (Age 51)
    Pres, CEO & Director
    Comp: $1.24M
  • Ms. Kelly Pecoraro (Age 54)
    Exec. VP & CFO
    Comp: $342.44k
  • Ms. Elizabeth Marie Miller (Age 63)
    Exec. VP & Chief Retail Officer
    Comp: $467.14k
  • Mr. Jason M. Goldberg (Age 48)
    Exec. VP & Chief Lending Officer
    Comp: $486.72k
  • Mr. Aleksander Malkiman (Age 47)
    Exec. VP & Chief Technology Officer
  • Ms. Elyse D. Beidner (Age 69)
    Exec. VP & Chief Legal Officer
  • Ms. Acela Roselle (Age 62)
    Exec. VP & HR Director
  • Mr. Thomas R. Packwood (Age 57)
    Sr. VP & Chief Audit Exec.
  • Mr. Robert C. Rowe (Age 62)
    Exec. VP & Chief Risk Officer
  • Mr. Alex Agnoletto (Age 30)
    VP & Controller













BLFY Stock - Frequently Asked Questions

Should I buy or sell Blue Foundry Bancorp stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Blue Foundry Bancorp in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BLFY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BLFY, but not buy additional shares or sell existing shares.
View BLFY analyst ratings
or view top-rated stocks.

What is Blue Foundry Bancorp's stock price forecast for 2023?

3 equities research analysts have issued 1-year price targets for Blue Foundry Bancorp's shares. Their BLFY share price forecasts range from $9.50 to $13.00. On average, they expect the company's stock price to reach $10.83 in the next year. This suggests a possible upside of 29.0% from the stock's current price.
View analysts price targets for BLFY
or view top-rated stocks among Wall Street analysts.

How have BLFY shares performed in 2023?

Blue Foundry Bancorp's stock was trading at $12.85 at the beginning of 2023. Since then, BLFY stock has decreased by 34.6% and is now trading at $8.40.
View the best growth stocks for 2023 here
.

When is Blue Foundry Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our BLFY earnings forecast
.

How were Blue Foundry Bancorp's earnings last quarter?

Blue Foundry Bancorp (NASDAQ:BLFY) released its earnings results on Wednesday, July, 26th. The company reported ($0.08) earnings per share for the quarter, beating analysts' consensus estimates of ($0.10) by $0.02. The company had revenue of $11.29 million for the quarter, compared to analysts' expectations of $11.76 million. Blue Foundry Bancorp had a negative trailing twelve-month return on equity of 0.32% and a negative net margin of 1.65%.

When did Blue Foundry Bancorp IPO?

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

What is Blue Foundry Bancorp's stock symbol?

Blue Foundry Bancorp trades on the NASDAQ under the ticker symbol "BLFY."

Who are Blue Foundry Bancorp's major shareholders?

Blue Foundry Bancorp's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.76%), Driehaus Capital Management LLC (5.88%), Essex Financial Services Inc. (2.25%), Dimensional Fund Advisors LP (1.90%), State Street Corp (1.85%) and Geode Capital Management LLC (1.79%). Insiders that own company stock include Alexander Agnoletto, Brent Michael Ciurlino, Elizabeth Marie Miller, James D Nesci, Jason M Goldberg, Jonathan M Shaw, Margaret Letsche, Michele Dowling Johnson, Patrick H Kinzler, Robert Rowe and Robert Thomas Goldstein.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Blue Foundry Bancorp's stock price today?

One share of BLFY stock can currently be purchased for approximately $8.40.

How much money does Blue Foundry Bancorp make?

Blue Foundry Bancorp (NASDAQ:BLFY) has a market capitalization of $213.11 million and generates $65.08 million in revenue each year. The company earns $2.40 million in net income (profit) each year or ($0.06) on an earnings per share basis.

How many employees does Blue Foundry Bancorp have?

The company employs 198 workers across the globe.

How can I contact Blue Foundry Bancorp?

The official website for the company is www.bluefoundrybank.com. The company can be reached via phone at 201-939-5000 or via email at investorrelations@bluefoundrybank.com.

This page (NASDAQ:BLFY) was last updated on 9/24/2023 by MarketBeat.com Staff

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