NASDAQ:BLFY

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

$8.78
+0.25 (+2.93%)
(As of 04/26/2024 ET)
Today's Range
$8.51
$8.78
50-Day Range
$7.92
$9.42
52-Week Range
$7.08
$10.80
Volume
46,644 shs
Average Volume
46,287 shs
Market Capitalization
$210.11 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.50

Blue Foundry Bancorp MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
8.2% Upside
$9.50 Price Target
Short Interest
Healthy
2.56% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.34mentions of Blue Foundry Bancorp in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.77) to ($0.42) 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.

0.40 out of 5 stars

Finance Sector

823rd out of 853 stocks

Savings Institutions, Except Federal Industry

20th out of 21 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

Blue Foundry Bancorp (NASDAQ:BLFY) PT Lowered to $8.00
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Blue Foundry Bancorp (NASDAQ: BLFY)
A Preview Of Blue Foundry's Earnings
See More Headlines
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Company Calendar

Last Earnings
1/24/2024
Today
4/27/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$9.50
High Stock Price Target
$11.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+8.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-7,400,000.00
Pretax Margin
-9.14%

Debt

Sales & Book Value

Annual Sales
$43.72 million
Book Value
$14.27 per share

Miscellaneous

Free Float
23,641,000
Market Cap
$210.11 million
Optionable
Optionable
Beta
0.49
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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

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

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blue Foundry Bancorp in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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 target for 2024?

2 Wall Street analysts have issued 12 month target prices for Blue Foundry Bancorp's shares. Their BLFY share price targets range from $8.00 to $11.00. On average, they expect the company's stock price to reach $9.50 in the next year. This suggests a possible upside of 8.2% 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 2024?

Blue Foundry Bancorp's stock was trading at $9.67 at the start of the year. Since then, BLFY shares have decreased by 9.2% and is now trading at $8.78.
View the best growth stocks for 2024 here
.

Are investors shorting Blue Foundry Bancorp?

Blue Foundry Bancorp saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 531,700 shares, a decline of 7.4% from the March 31st total of 573,900 shares. Based on an average trading volume of 55,300 shares, the short-interest ratio is presently 9.6 days. Currently, 2.6% of the shares of the stock are short sold.
View Blue Foundry Bancorp's Short Interest
.

When is Blue Foundry Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
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, January, 24th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.01. The company earned $20.91 million during the quarter, compared to the consensus estimate of $9.66 million. Blue Foundry Bancorp had a negative trailing twelve-month return on equity of 2.50% and a negative net margin of 10.89%. During the same quarter last year, the business posted $0.02 EPS.

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?

Blue Foundry Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional investors include Essex Financial Services Inc. (2.57%), Park Avenue Securities LLC (0.22%) and Strategic Advisors LLC (0.06%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BLFY) was last updated on 4/27/2024 by MarketBeat.com Staff

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