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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 $8.99, down 4.56% from the previous day, and has decreased 26.79% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.23 percentage points. Blue Foundry Bancorp stock is currently +26.98% from its 52-week low of $7.08, and -25.89% from its 52-week high of $12.13.

As of Mar 1, 2024, there are 24.92M shares of BLFY outstanding. The market value of BLFY is $224.07M. In the past 24 hours, 33,675 BLFY shares were traded.

How to Buy Blue Foundry Bancorp Stock

Wondering how to invest in Blue Foundry Bancorp stock? Here's how.
  1. 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.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Select your payment method and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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 Price
$8.99
1w %
-2.07%
1y %
-26.79%
5y %
N/A
P/E
-52.88x
P/B
0.62x
P/S
4.35x
PEG
N/A
Revenue
$48.15M
Earnings
-$3.90M
Fore. Rev. Growth
-17.77%
Fore. Earn. Growth
N/A
Market Cap
$224.07M
Next Earnings
Apr 26, 2024
Next Dividend
N/A

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 0.62x, 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

Positive Health Checks:

  • BLFY profit margin has gone up from -31.9% to -8.1% in the past year.

Negative Health Checks:

  • BLFY has a relatively high debt to equity ratio of 4.74.

Is it a good time to buy Blue Foundry Bancorp stock, according to analysts?

Out of 1 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

SMA10
9.23
SMA20
9.19
SMA50
9.6
SMA100
9.02
SMA200
9.28
MACD
-0.1
MACD Signal
-0.11
MACD Histogram
0
RSI
43.37
Stochastic %K
47.4
Stochastic %D
48.88
StochRSI %K
68.73
StochRSI %D
71.15

Is BLFY Growing Revenue?

Last year, BLFY revenue was $48.15M. During the past 2 year, BLFY's revenue has increased by 4.24% per year. This was slower than the Banks - Regional industry average of 7.06%.

Learn more about BLFY's earnings and revenue performance here.

Who is buying/selling BLFY?

In the last year, insiders at BLFY have bought more shares than they have sold.

Margaret Letsche, Director of BLFY, was the latest BLFY insider to sell. They sold $17,149.21 worth of BLFY shares on Jan 26, 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:

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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:

  1. Figure out where to buy Blue Foundry Bancorp stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Analyze Blue Foundry Bancorp stock
  5. Make your BLFY buy order
  6. Get updates on your BLFY position

If you require a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
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If you would like to get updates on your investment in Blue Foundry Bancorp, add BLFY to your watchlist by clicking the button below.

NASDAQ: BLFY
$8.99-0.43 (-4.56%)
Updated Mar 1, 2024
Open eToro Account
NASDAQ: BLFY
$8.99-0.43 (-4.56%)
Updated Mar 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Blue Foundry Bancorp share?

As of Mar 1, 2024, it costs $8.99 to buy one share of Blue Foundry Bancorp stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.445 shares of BLFY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Blue Foundry Bancorp stock?

According to 1 Wall Street analysts who monitor Blue Foundry Bancorp, their consensus recommendation is to hold Blue Foundry Bancorp stock.

What is the best way to buy Blue Foundry Bancorp stock?

One way to place an order for Blue Foundry Bancorp stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.