How to Buy Blue Foundry Bancorp Stock
Blue Foundry Bancorp
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.
Blue Foundry Bancorp stock last closed at $8.83, up 3.4% from the previous day, and has decreased 5.26% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.23 percentage points. Blue Foundry Bancorp stock is currently +24.72% from its 52-week low of $7.08, and -18.24% from its 52-week high of $10.80.
As of May 1, 2024, there are 24.34M shares of BLFY outstanding. The market value of BLFY is $214.91M. In the past 24 hours, 60,916 BLFY shares were traded.
How to Buy Blue Foundry Bancorp Stock
Wondering how to invest in Blue Foundry Bancorp stock? Here's how.
- Figure out where to buy Blue Foundry Bancorp stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Blue Foundry Bancorp stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your payment method and add your details.
- Analyze Blue Foundry Bancorp stock: The Blue Foundry Bancorp ticker symbol is BLFY. Is Blue Foundry Bancorp stock a good investment? Should you buy shares of BLFY? How do BLFY's underlying business fundamentals look? Do top analysts think Blue Foundry Bancorp is a good buy? Why has BLFY's stock price moved recently? (Hint: Our stock research website can help you understand if BLFY is a good stock to buy).
- Make your BLFY buy order: Decide if you will purchase BLFY shares at the current market price or use a limit order to buy BLFY shares at a given price.
- Get updates on your BLFY position: Create a watchlist to important notifications about your investment in Blue Foundry Bancorp stock.
Step 1: Figure out where to buy Blue Foundry Bancorp stock
You need a brokerage account in order to access the NASDAQ market and buy BLFY shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. Here's why:
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- Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
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Get $10 towards your purchase of stock by opening an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal info so you are able to invest in BLFY today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create your new trading account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on the best free stock trading app, you can securely and quickly fund your account:
Watch the tutorial below for more details transferring funds into your new investment account.
Step 4: Analyze Blue Foundry Bancorp stock
After you have chosen the best place to buy Blue Foundry Bancorp stock, it's very important to evaluate their stock before you invest, so you actually wrap your head around the risk and opportunity.
Blue Foundry Bancorp Numbers
BLFY Overview
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on BLFY's stock page.
What is the fair value of BLFY stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge BLFY's intrinsic value.
Using relative valuations methods:
- BLFY could be undervalued based on its P/B ratio of 0.6x, relative to Banks - Regional industry P/B ratio of 0.98x
You can access more valuation research on BLFY's stock here.
BLFY Financial Health Summary
Negative Health Checks:
- BLFY profit margin has gone down from 4.3% to -16.7% in the past year.
- BLFY has a relatively high debt to equity ratio of 4.75.
Is it a good time to buy Blue Foundry Bancorp stock, according to analysts?
Out of 2 sell side analysts who give forecasts on BLFY, the consensus analyst rating on BLFY is a Hold
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Blue Foundry Bancorp stock forecast page.
BLFY Trading Indicators
Is BLFY Growing Revenue?
Last year, BLFY revenue was $44.17M. During the past 4 year, BLFY's revenue has increased by -0.06% per year. This was slower than the Banks - Regional industry average of 7.61%.
Learn more about BLFY's earnings and revenue performance here.
Who is buying/selling BLFY?
In the last year, insiders at BLFY have sold more shares than they have bought.
Elyse D. Beidner, EVP and Chief Legal Officer of BLFY, was the latest BLFY insider to sell. They sold $10,668.24 worth of BLFY shares on Mar 6, 2024.
Learn more about who owns BLFY stock here.
Does BLFY provide a stable income stream?
No, Blue Foundry Bancorp doesn't provide an income stream by paying out dividends.
What others are saying about BLFY
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your BLFY buy order
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price limit, place a limit order.
Hit the Open button and your broker will place your order.
If you need additional help with buying stocks on eToro, click the helpful video below:
Step 6: Get updates on your BLFY position
Now that you own some shares in BLFY, you'll want to keep up with your stock purchase.
Start a watchlist to see the latest developments about your BLFY stock.
BLFY Feed
How to Buy Stock in Blue Foundry Bancorp
To reiterate, here are the 6 steps to buy stock in Blue Foundry Bancorp:
- Figure out where to buy Blue Foundry Bancorp stock
- Open your brokerage account
- Deposit money your investment account
- Analyze Blue Foundry Bancorp stock
- Make your BLFY buy order
- Get updates on your BLFY position
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Blue Foundry Bancorp, add BLFY to your watchlist by clicking the button below.
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