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How to Buy First Western Financial Stock

First Western Financial Inc

First Western Financial, Inc. , a financial holding company, provides wealth management, private banking, personal trust, investment management, mortgage lending, and institutional asset management services.

First Western Financial stock last closed at $13.81, up 3.99% from the previous day, and has decreased 46.62% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.42 percentage points. First Western Financial stock is currently +7.55% from its 52-week low of $12.84, and -46.86% from its 52-week high of $25.99.

There are currently 9.56M shares of MYFW outstanding. The market cap of MYFW is $132.05M. In the last 24 hours, 18,405 MYFW shares were traded.

How to Buy First Western Financial Stock

Not sure how to invest in First Western Financial stock? Here's how.
  1. Decide where to buy First Western Financial stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy First Western Financial stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Choose your method of payment and add your info.
  4. Analyze First Western Financial stock: The First Western Financial ticker symbol is MYFW. Is First Western Financial stock a good investment? Should you buy shares of MYFW? How do MYFW's underlying business fundamentals look? Do top analysts think First Western Financial is a good buy? Why has MYFW's stock price moved recently? (Hint: Our stock research website can help you figure out if MYFW is a good stock to buy).
  5. Execute your MYFW purchase: Decide if you will purchase MYFW shares at the current market price or use a limit order to purchase MYFW stock at a specific price.
  6. Get key alerts regarding your MYFW investment: Create a watchlist to important updates regarding your new investment in First Western Financial shares.

Step 1: Decide where to buy First Western Financial stock

You will need a brokerage account to access the NASDAQ market and buy MYFW stock.

A brokerage account allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

We believe that eToro is the best stock brokerage. eToro gives you:

  • You can invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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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 top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by opening an account with eToro now.

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Step 2: Open a brokerage account

Now that you've selected the right brokerage, you need to fill out some personal info so you can invest in MYFW today.

How to Open a New Account on eToro

  1. Click here to get started.
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  2. Enter your personal data to create a new trading account.
  1. Submit your info by pressing the "Create Account" button.
  2. Get started with eToro today
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Step 3: Deposit money your investment account

Now that you've finished signing up on the stock trading app, your next step is to transfer the money for your investment:

Watch the walkthrough below if you need help transferring money into your brokerage account.

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Step 4: Analyze First Western Financial stock

Once you have selected the best place to buy First Western Financial stock, it's very important to research their stock prior to investing, so you can comprehend the risk and upside.

Overview of key MYFW info

MYFW Price
$13.81
1w %
-2.26%
1y %
-46.62%
5y %
0.44%
P/E
9.46x
P/B
0.54x
P/S
1.38x
PEG
0.34x
Revenue
$95.99M
Earnings
$13.92M
Fore. Rev. Growth
1.89%
Fore. Earn. Growth
N/A
Market Cap
$132.05M
Next Earnings
Apr 25, 2024
Next Dividend
N/A

MYFW Due Diligence Checks

WallStreetZen was created to help average investors perform more accurate fundamental analysis.

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

Is MYFW stock undervalued?

Investors use many financial metrics, analyses, models, and charts to gauge MYFW's true value.

Using relative valuations ratios:

  • MYFW may be undervalued based on its P/E ratio of 9.46x, relative to Banks - Regional industry P/E ratio of -9.36x
  • MYFW may be undervalued based on its P/B ratio of 0.54x, relative to Banks - Regional industry P/B ratio of 0.97x
  • MYFW may be undervalued based on its PEG ratio of 0.34x

You can do more valuation research on MYFW's stock here.

MYFW Financial Overview

Passed Financial Due Diligence Checks:

  • MYFW earnings of $18.72M is not sufficient to cover its interest payments.

Failed Financial Due Diligence Checks:

  • Total MYFW debt is higher than 5 years ago, relative to shareholder equity.
  • MYFW's operating cash flow of $23.28M allows it to safely service it's debt of $312.21M.
  • MYFW has a relatively high debt to equity ratio of 11.19.
  • MYFW profit margin has gone down from 17.5% to 14.5% in the past year.

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

Out of 1 Wall Street analysts who monitor MYFW, the consensus analyst rating on First Western Financial is a Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the First Western Financial stock forecast page.

Metrics for Advanced MYFW Traders

SMA10
13.93
SMA20
14.92
SMA50
17.26
SMA100
16.73
SMA200
17.87
MACD
-1.07
MACD Signal
-1.01
MACD Histogram
-0.07
RSI
35.83
Stochastic %K
15.56
Stochastic %D
9.85
StochRSI %K
48.1
StochRSI %D
33.71

MYFW Revenue

Last year, MYFW earnings were $13.92M. Over the last five year, MYFW's earnings have gone up by 38.16% per year. This was faster than the Banks - Regional industry average of 19.03%.

Last year, MYFW revenue was $95.99M. During the past five year, MYFW's revenue has increased by 10.07% per year. This was faster than the Banks - Regional industry average of 7.14%.

You can research MYFW's earnings and revenue performance here.

What are MYFW executives and large shareholders up to?

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

Scott C. Wylie, CHAIRMAN CEO AND PRESIDENT of MYFW, was the latest MYFW insider to sell. They sold $695,915.28 worth of MYFW stock on Feb 1, 2024.

Get more info about who owns MYFW shares here.

Can I get consistent income from MYFW stock?

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

What others are saying about MYFW

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

Click below to see what other community members have to say.

Step 5: Execute your MYFW purchase

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally fine.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price limit, place a limit order.

Hit the Open button and eToro will execute the order.

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

Open eToro Account

Step 6: Get key alerts regarding your MYFW investment

Now that you own some MYFW stock, you'll want to keep up with your new stock purchase.

Put MYFW on a watchlist to keep track of your MYFW stock.

MYFW Feed

How to Buy Stock in First Western Financial

To reiterate, here are the 6 steps you need to take to buy First Western Financial stock right now:

  1. Decide where to buy First Western Financial stock
  2. Open a brokerage account
  3. Deposit money your investment account
  4. Analyze First Western Financial stock
  5. Execute your MYFW purchase
  6. Get key alerts regarding your MYFW investment

If you require 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 would like to keep an eye on your new investment in First Western Financial, get started below.

NASDAQ: MYFW
$13.81+0.53 (+3.99%)
Updated Feb 28, 2024
Open eToro Account
NASDAQ: MYFW
$13.81+0.53 (+3.99%)
Updated Feb 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one First Western Financial share?

As of Feb 28, 2024, it costs $13.81 to buy one share of First Western Financial stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.434 shares of MYFW.

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 First Western Financial stock?

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

What is the best way to buy First Western Financial stock?

One way to place an order for First Western 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.