Broadway Financial - BYFC Stock Forecast, Price & News

Broadway Financial Corporation operates as the holding company for City First Bank, National Association that provides various banking products and services in the United States. It accepts various deposit accounts, including savings accounts, checking accounts, NOW accounts, money market accounts, and fixed-term certificates of deposit. The company also offers mortgage loans, which are secured by multi-family residential properties; single family residential properties; and commercial real estate, including charter schools, community facilities, and churches, as well as commercial business, construction, and consumer loans. In addition, it invests in securities issued by federal government agencies, residential mortgage-backed securities, and other investments. The company operates through three branch offices. Broadway Financial Corporation was founded in 1946 and is headquartered in Los Angeles, California.

Analyst Upgrades and Downgrades

BYFC has been the topic of several analyst reports. StockNews.com cut Broadway Financial from a "hold" rating to a "sell" rating in a report on Wednesday. TheStreet cut Broadway Financial from a "c-" rating to a "d+" rating in a report on Monday, July 18th.

Broadway Financial Trading Up 1.8 %

Shares of BYFC Stock traded up $0.02 during mid-day trading on Friday, hitting $1.15. 66,538 shares of the company's stock were exchanged, compared to its average volume of 257,531. Broadway Financial has a fifty-two week low of $0.88 and a fifty-two week high of $4.28. The stock has a market cap of $84.53 million, a price-to-earnings ratio of 57.53 and a beta of 1.02. The company has a quick ratio of 0.27, a current ratio of 0.98 and a debt-to-equity ratio of 0.54. The stock has a 50-day simple moving average of $1.13 and a two-hundred day simple moving average of $1.45.

Broadway Financial (NASDAQ:BYFC - Get Rating) last issued its earnings results on Tuesday, May 10th. The savings and loans company reported $0.01 earnings per share for the quarter. Broadway Financial had a return on equity of 1.12% and a net margin of 4.83%. The firm had revenue of $7.45 million for the quarter.