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 $15.89, down 3.11% from the previous day, and has decreased 6.42% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.26 percentage points. First Western Financial stock is currently +23.75% from its 52-week low of $12.84, and -27.77% from its 52-week high of $22.00.
There are currently 9.62M shares of MYFW outstanding. The market cap of MYFW is $152.88M. In the last 24 hours, 43,988 MYFW shares were traded.
How to Buy First Western Financial Stock
Not sure how to invest in First Western Financial stock? Here's how.
- 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.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your method of payment and add your info.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
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Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 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
- 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 data to create a new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
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.
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 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 28.89x, relative to Banks - Regional industry P/E ratio of -10.31x
- MYFW may be undervalued based on its P/B ratio of 0.63x, relative to Banks - Regional industry P/B ratio of 0.99x
You can do more valuation research on MYFW's stock here.
MYFW Financial Health
Passed Financial Due Diligence Checks:
- MYFW earnings of $7.06M is not sufficient to cover its interest payments.
Failed Financial Due Diligence Checks:
- MYFW's operating cash flow of $21.88M allows it to safely service it's debt of $178.05M.
- MYFW has a relatively high debt to equity ratio of 11.26.
- MYFW profit margin has gone down from 20.1% to 6.3% in the past year.
- Total MYFW debt is higher than 5 years ago, relative to shareholder equity.
Is MYFW stock a Buy, Hold, or Sell, according to analysts?
Out of 2 sell side analysts who monitor MYFW, the consensus analyst rating on MYFW is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the First Western Financial stock forecast page.
MYFW Technicals
MYFW Earnings
Last year, MYFW earnings were $5.23M. Over the last five year, MYFW's earnings have gone up by -2.99% per year. This was slower than the Banks - Regional industry average of 17.48%.
Last year, MYFW revenue was $82.70M. Over the last 5 year, MYFW's revenue has increased by 7.5% per year. This was slower than the Banks - Regional industry average of 7.5%.
You can analyze MYFW's earnings and revenue performance here.
Latest Insiders Trades at MYFW
In the past 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 shares on Feb 1, 2024.
Learn more about who owns MYFW shares here.
Can I rely on MYFW as an income stream?
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 highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your MYFW purchase
There are two main order types:
- 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 for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, place a limit order.
Hit the Open button and eToro will place your order.
If you want additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your MYFW investment
Now that you own some shares in MYFW, you'll want to keep up with your investment.
Make a watchlist to get the latest updates about 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:
- Decide where to buy First Western Financial stock
- Open a brokerage account
- Deposit money your investment account
- Analyze First Western Financial stock
- Execute your MYFW purchase
- Get key alerts regarding your MYFW investment
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in First Western Financial, click the button below.
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