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How to Buy Foreign Trade Bank Of Latin America Stock

Foreign Trade Bank Of Latin America Inc

Foreign Trade Bank Of Latin America is a bank company located in Panama, which is part of the Financial Services sector, and is traded under the ticker BLX on the NYSE exchange.

Foreign Trade Bank Of Latin America stock last closed at $29.59, up 0.1% from the previous day, and has increased 56.23% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.46 percentage points. Foreign Trade Bank Of Latin America stock is currently +73.14% from its 52-week low of $17.09, and -6.42% from its 52-week high of $31.62.

At the moment, there are 36.32M shares of BLX outstanding. The market value of BLX is $1.07B. In the past 24 hours, 202,741 BLX shares were traded.

How to Buy Foreign Trade Bank Of Latin America Stock

Wondering how to invest in Foreign Trade Bank Of Latin America stock? Here's how.
  1. Decide where to buy Foreign Trade Bank Of Latin America stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Foreign Trade Bank Of Latin America stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Pick your payment method and add your information.
  4. Evaluate Foreign Trade Bank Of Latin America stock: The Foreign Trade Bank Of Latin America ticker symbol is BLX. Is Foreign Trade Bank Of Latin America stock a good investment? Should you buy shares of BLX? How do BLX's underlying business fundamentals look? Do top analysts think Foreign Trade Bank Of Latin America is a good buy? Why has BLX's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if BLX is a good stock to buy).
  5. Execute your BLX purchase: Decide if you will purchase BLX shares at the current market price or use a limit order to buy BLX stock at a given price.
  6. Track your investment in BLX: Create a watchlist to important notifications about your position in Foreign Trade Bank Of Latin America stock.

Step 1: Decide where to buy Foreign Trade Bank Of Latin America stock

You will need a brokerage account to access the NYSE market and buy BLX shares.

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

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Step 2: Open a brokerage account

Now that you've selected your brokerage, you need to fill out some personal info so you are able to buy BLX stock today.

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  2. Enter your personal data to create a new brokerage account.
  1. Send your details by pressing the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you have opened your account on one of the best stock trading apps, you can securely and quickly fund your account:

Watch this video walkthrough for more details transferring funds into your new investment account.

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Step 4: Evaluate Foreign Trade Bank Of Latin America stock

Once you have identified the best place to buy Foreign Trade Bank Of Latin America stock, it's crucial to research their stock before you buy, so you truly comprehend the risk as well as the upside.

Foreign Trade Bank Of Latin America stock data

BLX Price
$29.59
1w %
0.58%
1y %
56.23%
5y %
35.67%
P/E
11.65x
P/B
1.01x
P/S
6.45x
PEG
4.02x
Revenue
$166.67M
Earnings
$92.04M
Fore. Rev. Growth
23.85%
Fore. Earn. Growth
N/A
Market Cap
$1.07B
Next Earnings
N/A
Next Dividend
May 15, 2024

BLX Fundamentals

WallStreetZen was designed to help everyday investors perform better fundamental analysis.

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

Is BLX stock overvalued?

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

Using relative valuations metrics:

  • BLX may be undervalued based on its P/E ratio of 11.65x, relative to Banks - Regional industry P/E ratio of -10.33x
  • BLX could be overvalued based on its P/B ratio of 1.01x, relative to Banks - Regional industry P/B ratio of 0.97x
  • BLX could be overvalued based on its PEG ratio of 4.02x

You can do additional valuation analysis on BLX's stock here.

BLX Financial Health Overview

Failed Health Checks:

  • Total BLX debt is higher than 5 years ago, relative to shareholder equity.
  • BLX has a relatively high debt to equity ratio of 7.68.
  • BLX profit margin has gone down from 60.2% to 55.2% in the past year.

You can dig deeper into what analysts are projecting on the Foreign Trade Bank Of Latin America stock forecast page.

BLX Trading Indicators

SMA10
29.63
SMA20
29.65
SMA50
27.87
SMA100
26.31
SMA200
24.64
MACD
0.38
MACD Signal
0.54
MACD Histogram
-0.17
RSI
58.56
Stochastic %K
25.23
Stochastic %D
24.93
StochRSI %K
19.42
StochRSI %D
9.89

How are BLX Revenues/Earnings doing?

Last year, BLX earnings were $92.04M. During the past five year, BLX's earnings have grown by 3.98% per year. This was slower than the Banks - Regional industry average of 16.23%.

Last year, BLX revenue was $166.67M. During the past 5 year, BLX's revenue has increased by 3.8% per year. This was slower than the Banks - Regional industry average of 7.35%.

Dig into BLX's earnings and revenue performance here.

What are BLX insiders up to?

In the last 12 months, executives and large shareholders at BLX have not bought or sold any shares.

Learn more about who owns BLX stock here.

Can I get consistent income from BLX stock?

Foreign Trade Bank Of Latin America pays a dividend of 4.22%, compared to the Banks - Regional industry's average dividend yield of 3.89%. If you owned $1,000 of BLX stock, you would have received $42.24 in the past 12 months.

Foreign Trade Bank Of Latin America dividend payments have consistently grown over the past decade but have not remained stable.

Get more data about Foreign Trade Bank Of Latin America dividend yield and history here.

What do other traders have to say about BLX?

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Execute your BLX purchase

You have two main order types:

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

Hit the Open button and your broker will place your order.

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Step 6: Track your investment in BLX

Now that you own some BLX shares, you'll want to stay up-to-date on your new shares.

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

BLX Feed

How to Buy Stock in Foreign Trade Bank Of Latin America

To summarize, here are the 6 steps for buying Foreign Trade Bank Of Latin America stock:

  1. Decide where to buy Foreign Trade Bank Of Latin America stock
  2. Open a brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Foreign Trade Bank Of Latin America stock
  5. Execute your BLX purchase
  6. Track your investment in BLX

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

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 keep an eye on your investment in Foreign Trade Bank Of Latin America, add BLX to your watchlist by clicking the button below.

NYSE: BLX
$29.59+0.03 (+0.1%)
Updated Apr 19, 2024
Open eToro Account
NYSE: BLX
$29.59+0.03 (+0.1%)
Updated Apr 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Foreign Trade Bank Of Latin America share?

As of Apr 19, 2024, it costs $29.59 to buy one share of Foreign Trade Bank Of Latin America 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 0.338 shares of BLX.

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.

What is the best way to buy Foreign Trade Bank Of Latin America stock?

One way to place an order for Foreign Trade Bank Of Latin America 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.