Positive News SentimentPositive NewsNASDAQ:BLFY Blue Foundry Bancorp (BLFY) Stock Forecast, Price & News $8.40 -0.06 (-0.71%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$8.34▼$8.5050-Day Range$8.40▼$10.3852-Week Range$8.14▼$13.17Volume71,474 shsAverage Volume60,804 shsMarket Capitalization$213.11 millionP/E RatioN/ADividend YieldN/APrice Target$10.83 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Blue Foundry Bancorp MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside29.0% Upside$10.83 Price TargetShort InterestBearish1.82% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($0.38) to ($0.49) Per ShareSee Full Details Hide Full Details 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 starsFinance Sector700th out of 841 stocksSavings Institutions, Except Federal Industry11th out of 16 stocks 3.0 Analyst's Opinion Consensus RatingBlue Foundry Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.83, Blue Foundry Bancorp has a forecasted upside of 29.0% from its current price of $8.40.Amount of Analyst CoverageBlue Foundry Bancorp has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.82% of the float of Blue Foundry Bancorp has been sold short.Short Interest Ratio / Days to CoverBlue Foundry Bancorp has a short interest ratio ("days to cover") of 5.7.Change versus previous monthShort interest in Blue Foundry Bancorp has recently increased by 1.55%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldBlue Foundry Bancorp does not currently pay a dividend.Dividend GrowthBlue Foundry Bancorp does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BLFY. Previous Next 3.7 News and Social Media Coverage News SentimentBlue Foundry Bancorp has a news sentiment score of 1.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Finance companies.Search Interest1 people have searched for BLFY on MarketBeat in the last 30 days. MarketBeat Follows2 people have added Blue Foundry Bancorp to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Blue Foundry Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.21% of the stock of Blue Foundry Bancorp is held by insiders.Percentage Held by Institutions46.34% of the stock of Blue Foundry Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Blue Foundry Bancorp are expected to decrease in the coming year, from ($0.38) to ($0.49) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Blue Foundry Bancorp is -140.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Blue Foundry Bancorp is -140.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBlue Foundry Bancorp has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Blue Foundry Bancorp (NASDAQ:BLFY) StockBlue 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.Read More BLFY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BLFY Stock News HeadlinesSeptember 16, 2023 | americanbankingnews.comBlue Foundry Bancorp (NASDAQ:BLFY) versus Provident Bancorp (NASDAQ:PVBC) Head to Head AnalysisSeptember 14, 2023 | msn.comBank with Blue Foundry Bank and Take Advantage of a $1,000 CASH BONUS offer for BusinessesSeptember 24, 2023 | Behind the Markets (Ad)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.September 6, 2023 | finance.yahoo.comWith 52% institutional ownership, Blue Foundry Bancorp (NASDAQ:BLFY) is a favorite amongst the big gunsAugust 24, 2023 | finance.yahoo.comBlue Foundry Bancorp Announces Adoption of Third Stock Repurchase ProgramAugust 18, 2023 | markets.businessinsider.comPiper Sandler Sticks to Their Hold Rating for Blue Foundry (BLFY)July 27, 2023 | finance.yahoo.comBlue Foundry Bancorp (NASDAQ:BLFY) Q2 2023 Earnings Call TranscriptJuly 27, 2023 | finance.yahoo.comSeveral Insiders Invested In Blue Foundry Bancorp Flagging Positive NewsSeptember 24, 2023 | Behind the Markets (Ad)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.July 26, 2023 | finance.yahoo.comBlue Foundry Bancorp Reports Second Quarter 2023 ResultsJuly 12, 2023 | finance.yahoo.comBlue Foundry Bancorp Schedules Second Quarter 2023 Earnings Conference CallJuly 6, 2023 | msn.comBlue Foundry Bancorp (BLFY) Price Target Increased by 8.04% to 10.28May 17, 2023 | msn.comPiper Sandler Initiates Coverage of Blue Foundry Bancorp (BLFY) with Neutral RecommendationMay 17, 2023 | msn.comBlue Foundry Bancorp nabs Neutral rating at Piper amid tough rate backdropApril 26, 2023 | finance.yahoo.comBlue Foundry Bancorp Reports First Quarter 2023 ResultsApril 25, 2023 | markets.businessinsider.comBlue Foundry Bancorp Registered earnings: here's what Wall Street expectsApril 24, 2023 | msn.comBlue Foundry Bancorp to buyback 1.3M of its own sharesApril 24, 2023 | finance.yahoo.comBlue Foundry Bancorp Announces Adoption of Second Stock Repurchase ProgramApril 6, 2023 | msn.comKeefe, Bruyette & Woods Maintains Blue Foundry Bancorp (BLFY) Market Perform RecommendationMarch 21, 2023 | finance.yahoo.comBlue Foundry Bancorp (NASDAQ:BLFY) is definitely on the radar of institutional investors who own 47% of the companyJanuary 26, 2023 | insidermonkey.comBlue Foundry Bancorp (NASDAQ:BLFY) Q4 2022 Earnings Call TranscriptJanuary 25, 2023 | msn.comBlue Foundry Bancorp GAAP EPS of $0.02 beats by $0.01, revenue of $13.37M misses by $0.88MJanuary 25, 2023 | finance.yahoo.comBlue Foundry Bancorp Reports Fourth Quarter and Year-End 2022 ResultsJanuary 11, 2023 | finance.yahoo.comBlue Foundry Bancorp Schedules Fourth Quarter & Year-End 2022 Earnings Conference CallJanuary 11, 2023 | finance.yahoo.comBlue Foundry Bancorp Schedules Fourth Quarter & Year-End 2022 Earnings Conference CallDecember 16, 2022 | seekingalpha.comBLFY Blue Foundry BancorpDecember 6, 2022 | finance.yahoo.comBullish Blue Foundry Bancorp (NASDAQ:BLFY) insiders filled their treasuries with US$720k worth of stock over last yearSee More Headlines Receive BLFY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Blue Foundry Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address BLFY Company Calendar Last Earnings7/26/2023Today9/24/2023Next Earnings (Estimated)10/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Savings institutions, except federal Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:BLFY CUSIPN/A CIK1846017 Webwww.bluefoundrybank.com Phone201-939-5000FaxN/AEmployees198Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.06) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$2.40 million Net Margins-1.65% Pretax Margin-1.27% Return on Equity-0.32% Return on Assets-0.06% Debt Debt-to-Equity Ratio1.09 Current Ratio1.28 Quick Ratio1.28 Sales & Book Value Annual Sales$65.08 million Price / Sales3.27 Cash Flow$0.20 per share Price / Cash Flow42.83 Book Value$14.12 per share Price / Book0.59Miscellaneous Outstanding Shares25,370,000Free Float25,061,000Market Cap$213.11 million OptionableNot Optionable Beta0.25 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. James D. Nesci (Age 51)Pres, CEO & Director Comp: $1.24MMs. Kelly Pecoraro (Age 54)Exec. VP & CFO Comp: $342.44kMs. Elizabeth Marie Miller (Age 63)Exec. VP & Chief Retail Officer Comp: $467.14kMr. Jason M. Goldberg (Age 48)Exec. VP & Chief Lending Officer Comp: $486.72kMr. 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 More ExecutivesKey CompetitorsNortheast Community BancorpNASDAQ:NECBTimberland BancorpNASDAQ:TSBKFS BancorpNASDAQ:FSBWThird Coast BancsharesNASDAQ:TCBXProvident BancorpNASDAQ:PVBCView All CompetitorsInsiders & InstitutionsBarclays PLCSold 7,300 shares on 9/21/2023Ownership: 0.022%California State Teachers Retirement SystemSold 1,177 shares on 8/21/2023Ownership: 0.032%Goldman Sachs Group Inc.Sold 32,961 shares on 8/15/2023Ownership: 0.253%Wells Fargo & Company MNBought 4,924 shares on 8/15/2023Ownership: 0.038%Citadel Advisors LLCBought 500 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions 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. 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