How to Buy If Bancorp Stock
If Bancorp Inc
IF Bancorp, Inc. operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients.
If Bancorp stock last closed at $16.25, down 1.52% from the previous day, and has increased 9.72% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.08 percentage points. If Bancorp stock is currently +18.18% from its 52-week low of $13.75, and -12.21% from its 52-week high of $18.51.
There are currently 3.35M IROQ shares outstanding. The market value of IROQ is $54.51M. In the last 24 hours, 3228 IROQ shares were traded.
How to Buy If Bancorp Stock
Wondering how to invest in If Bancorp stock? Here's how.
- Figure out where to buy If Bancorp stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy If Bancorp stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your method of payment and add your information.
- Evaluate If Bancorp stock: The If Bancorp ticker symbol is IROQ. Is If Bancorp stock a good investment? Should you buy shares of IROQ? How do IROQ's underlying business fundamentals look? Do top analysts think If Bancorp is a good buy? Why has IROQ's stock price moved recently? (Hint: Our stock research tools can help you figure out if IROQ is a good stock to buy).
- Execute your IROQ trade: Decide if you will purchase IROQ shares at the current market price or use a limit order to buy IROQ shares at a given price.
- Watch your investment in IROQ: Create a watchlist to important updates regarding your position in If Bancorp stock.
Step 1: Figure out where to buy If Bancorp stock
You will need a brokerage account in order to access the NASDAQ market and buy IROQ stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal info so you are able to buy IROQ today.
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- 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 details to open your new trading account.
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Step 3: Put funds into your brokerage account
Now that you've created your account on one of the best stock trading apps, you need to deposit funds:
Check out the tutorial below to see the process of transferring funds into your brokerage account.
Step 4: Evaluate If Bancorp stock
After you have decided on the best place to buy If Bancorp stock, it's absolutely critical to analyze their stock before you invest, so you actually understand the risk as well as the opportunity.
If Bancorp quick stats
Fundamentals of IROQ
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on IROQ's stock page.
Is IROQ stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge IROQ's fair value.
Using relative valuations metrics:
- IROQ may be undervalued based on its P/E ratio of 25.39x, relative to Banks - Regional industry P/E ratio of -9.5x
- IROQ may be undervalued based on its P/B ratio of 0.74x, relative to Banks - Regional industry P/B ratio of 0.98x
You can do additional valuation analysis on IROQ's stock here.
IROQ Financials at a glance
Passed Financial Due Diligence Checks:
- IROQ earnings of $2.53M is not enough to cover its interest payments.
Failed Financial Due Diligence Checks:
- IROQ profit margin has gone down from 20.4% to 8.7% in the past year.
- Total IROQ debt is higher than 5 years ago, relative to shareholder equity.
- IROQ's operating cash flow of $3.33M allows it to safely service it's debt of $149.70M.
- IROQ has a relatively high debt to equity ratio of 11.35.
IROQ Technical Indicators
Is IROQ Growing Revenue?
Last year, IROQ earnings were $1.94M. In the past 5 year, IROQ's earnings have gone up by -6.17% per year. This was slower than the Banks - Regional industry average of 16.33%.
Last year, IROQ revenue was $22.35M. In the last five year, IROQ's revenue has grown by 1.19% per year. This was slower than the Banks - Regional industry average of 7.61%.
You can analyze IROQ's earnings and revenue performance here.
Are IROQ executives and large shareholders buying or selling the stock?
In the last year, executives and large shareholders at IROQ have bought more shares than they have sold.
Thomas J. Chamberlain, SEVP and CLO of IROQ, was the latest IROQ insider to buy. They bought $273.89 worth of IROQ shares on Nov 14, 2023.
Research more about who owns IROQ stock here.
Can I rely on IROQ as an income stream?
If Bancorp pays a dividend of 2.46%, compared to the Banks - Regional industry's average dividend yield of 3.85%. If you owned $1,000 worth of IROQ stock, you would have been paid $24.62 last year.
If Bancorp dividend payments have consistently grown over the past decade and have remained stable.
Find more info about If Bancorp dividend yield and history here.
What do other investors have to say about IROQ?
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Step 5: Execute your IROQ trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open button and your broker will place your order.
If you need more help buying stocks on eToro, click the helpful video below:
Step 6: Watch your investment in IROQ
Now that you own some IROQ stock, you'll want to stay up-to-date on your new company.
Put IROQ on a watchlist to track your IROQ stock.
IROQ Feed
How to Buy Stock in If Bancorp
To reiterate, here are the 6 steps to buy stock in If Bancorp:
- Figure out where to buy If Bancorp stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Evaluate If Bancorp stock
- Execute your IROQ trade
- Watch your investment in IROQ
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your investment in If Bancorp, click the button below.
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