WallStreetZenWallStreetZen

How to Buy Coastal Financial Stock

Coastal Financial Corp

Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small to medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington.

Coastal Financial stock last closed at $38.08, down 0.78% from the previous day, and has increased 13.2% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.05 percentage points. Coastal Financial stock is currently +18.26% from its 52-week low of $32.20, and -21.48% from its 52-week high of $48.50.

At the moment, there are 13.38M CCB shares outstanding. The market cap of CCB is $509.61M. In the last 24 hours, 35,757 CCB shares were traded.

How to Buy Coastal Financial Stock

Wondering how to invest in Coastal Financial stock? Here's how.
  1. Choose where to buy Coastal Financial stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Coastal Financial stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Choose your payment method and add your info.
  4. Research Coastal Financial stock: The Coastal Financial ticker symbol is CCB. Is Coastal Financial stock a good investment? Should you buy shares of CCB? How do CCB's underlying business fundamentals look? Do top analysts think Coastal Financial is a good buy? Why has CCB's stock price moved recently? (Hint: Our stock research tools can help you evaluate if CCB is a good stock to buy).
  5. Execute your CCB buy order: Decide if you will purchase CCB shares at the current market price or use a limit order to buy CCB stock at a specific price.
  6. Watch your CCB investment: Create a watchlist to keep track of your investment in Coastal Financial shares.

Step 1: Choose where to buy Coastal Financial stock

You will need a brokerage account in order to access the NASDAQ market and buy CCB shares.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

We believe that eToro is the best brokerage. Here's why:

  • Invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
  • Access to world financial markets: From Tech to Utilities, New York to Tokyo — you can fill your portfolio with stocks from the globe's leading stock exchanges.
  • Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your share purchase by opening an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open your brokerage account

Now that you've chosen your brokerage, you need to fill out some personal details so you can buy CCB today.

How to Start a New Account on eToro

  1. 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.
  2. Provide your personal data to open your new brokerage account.
  1. Submit your information by clicking the "Create Account" button.
  2. 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.

Step 3: Put funds into your investment account

Now that you have opened your account on app for investing, you need to deposit funds:

Watch the tutorial below if you need help transferring funds into your new brokerage account.

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.

Step 4: Research Coastal Financial stock

After you have decided on the best place to buy Coastal Financial stock, it's important to evaluate their stock prior to investing, so you truly wrap your head around the risk as well as the opportunity.

Coastal Financial shares at a glance

CCB Price
$38.08
1w %
-2.06%
1y %
13.2%
5y %
136.52%
P/E
11.33x
P/B
1.73x
P/S
1.93x
PEG
0.53x
Revenue
$261.91M
Earnings
$44.58M
Fore. Rev. Growth
123.7%
Fore. Earn. Growth
N/A
Market Cap
$509.61M
Next Earnings
Apr 25, 2024
Next Dividend
N/A

CCB Due Diligence Checks

WallStreetZen was built to help average investors do more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on CCB's stock page.

What is the fair value of CCB stock?

Analysts use many financial metrics, analyses, models, and charts to gauge CCB's fair value.

Using relative valuations methods:

  • CCB could be undervalued based on its P/E ratio of 11.33x, relative to Banks - Regional industry P/E ratio of -12.31x
  • CCB may be overvalued based on its P/B ratio of 1.73x, relative to Banks - Regional industry P/B ratio of 0.96x
  • CCB could be undervalued based on its PEG ratio of 0.53x

You can do more valuation analysis on CCB's stock here.

CCB Financial Summary

Positive Financial Indicators:

  • CCB earnings of $57.13M is not enough to cover its interest payments.
  • CCB's operating cash flow of $196.51M allows it to safely service it's debt of $53.86M.

Negative Financial Indicators:

  • Total CCB debt is higher than 5 years ago, relative to shareholder equity.
  • CCB profit margin has gone down from 18.7% to 17% in the past year.
  • CCB has a relatively high debt to equity ratio of 11.72.

Do analysts think it's a good time to buy Coastal Financial stock

Out of 1 sell side analysts who track CCB, the consensus analyst rating on Coastal Financial is a Strong Buy

It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Coastal Financial stock forecast page.

CCB Trading Indicators

SMA10
38.54
SMA20
38.12
SMA50
38.27
SMA100
40.26
SMA200
41.24
MACD
0.08
MACD Signal
0.01
MACD Histogram
0.06
RSI
48.54
Stochastic %K
66.55
Stochastic %D
69.62
StochRSI %K
56.4
StochRSI %D
62.08

CCB Growth Metrics

Last year, CCB earnings were $44.58M. Over the last 5 year, CCB's earnings have increased by 29.29% per year. This was faster than the Banks - Regional industry average of 16.1%.

Last year, CCB revenue was $261.91M. In the last five year, CCB's revenue has increased by 46.77% per year. This was faster than the Banks - Regional industry average of 7.26%.

Dig into CCB's earnings and revenue performance here.

Latest Insiders Trades at CCB

In the past year, executives and large shareholders at CCB have sold more shares than they have bought.

Joel G. Edwards, Chief Financial Officer of CCB, was the latest CCB insider to buy. They bought $4,400.00 worth of CCB stock on Mar 12, 2024.

Dig into more about who owns CCB shares here.

Can I rely on CCB as an income stream?

No, Coastal Financial doesn't provide an income stream by paying out dividends.

What do other investors have to say about CCB?

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Execute your CCB 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 generally sufficient.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price limit, use a limit order.

Click the Open button and eToro will place the order.

If you need more info about buying stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Watch your CCB investment

Now that you own some CCB shares, you'll want to keep up with your shares.

Create a watchlist to keep tabs on your CCB stock.

CCB Feed

How to Buy Stock in Coastal Financial

To reiterate, here are the 6 steps for buying Coastal Financial stock:

  1. Choose where to buy Coastal Financial stock
  2. Open your brokerage account
  3. Put funds into your investment account
  4. Research Coastal Financial stock
  5. Execute your CCB buy order
  6. Watch your CCB investment

If you are looking for a brokerage account, eToro is our recommended venue.

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.

If you want to track your new investment in Coastal Financial, hit the button below to create your watchlist.

NASDAQ: CCB
$38.08-0.30 (-0.78%)
Updated Apr 15, 2024
Open eToro Account
NASDAQ: CCB
$38.08-0.30 (-0.78%)
Updated Apr 15, 2024
Open eToro Account

FAQ

How much does it cost to buy one Coastal Financial share?

As of Apr 15, 2024, it costs $38.08 to buy one share of Coastal Financial stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.263 shares of CCB.

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 Coastal Financial stock?

According to 1 Wall Street analysts who monitor Coastal Financial, their consensus recommendation is to buy Coastal Financial stock.

What is the best way to buy Coastal Financial stock?

One way to place an order for Coastal Financial 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.