How to Buy LM Funding America Stock
LM Funding America Inc
LM Funding America, Inc. operates as a specialty finance company. It provides funding to nonprofit community associations (Associations) primarily located in the state of Florida, as well as in the states of Washington, Colorado, and Illinois.
LM Funding America stock last closed at $1.36, down 3.55% from the previous day, and has decreased 52.28% in one year. It has underperformed other stocks in the Credit Services industry by 0.75 percentage points. LM Funding America stock is currently +33.07% from its 52-week low of $1.02, and -73.54% from its 52-week high of $5.14.
At the moment, there are 5.17M shares of LMFA outstanding. The market value of LMFA is $7.03M. In the last 24 hours, 1.19M LMFA shares were traded.
How to Buy LM Funding America Stock
Wondering how to invest in LM Funding America stock? Here's how.
- Figure out where to buy LM Funding America stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy LM Funding America stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your payment method and add your info.
- Research LM Funding America stock: The LM Funding America ticker symbol is LMFA. Is LM Funding America stock a good investment? Should you buy shares of LMFA? How do LMFA's underlying business fundamentals look? Do top analysts think LM Funding America is a good buy? Why has LMFA's stock price moved recently? (Hint: Our stock analysis website can help you figure out if LMFA is a good stock to buy).
- Execute your LMFA trade: Decide if you will purchase LMFA shares at the current market price or use a limit order to buy LMFA shares at a particular price.
- Track your investment in LMFA: Create a watchlist to important updates regarding your investment in LM Funding America stock.
Step 1: Figure out where to buy LM Funding America stock
You need an online brokerage account in order to access the NASDAQ market and buy LMFA stock.
Our preferred brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
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- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal details so you are able to buy LMFA stock today.
How to Create a New Investment 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.
- Input your personal data to open your new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on the best stock trading app for beginners, you can securely and quickly fund your account:
Watch this video walkthrough to see the process of transferring money into your investment account.
Step 4: Research LM Funding America stock
Once you have identified the best place to buy LM Funding America stock, it's important to analyze their stock before you buy, so you actually comprehend the risk as well as the opportunity.
LM Funding America quick stats
LMFA Overview
WallStreetZen was designed to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on LMFA's stock page.
How is LMFA stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge LMFA's fair value.
Using relative valuations measures:
- LMFA could be undervalued based on its P/B ratio of 0.22x, relative to Credit Services industry P/B ratio of 5.21x
You can access additional valuation analysis on LMFA's stock here.
Is LMFA a healthy company?
Passed Financial Due Diligence Checks:
- LMFA has $12.07M in cash and short term investments. This is enough to cover its annual cash burn of $12.59M.
- There are more short-term assets than short-term liabilities on the LMFA balance sheet.
- There are more short-term assets than long-term liabilities on the LMFA balance sheet.
- LMFA has a low debt to equity ratio of 0.28.
Failed Financial Due Diligence Checks:
- LMFA profit margin has gone down from -63.5% to -196.6% in the past year.
- LMFA has cash burn of 12588029. It does not have sufficient cash and short-term investments to cover this.
- Total LMFA debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy LMFA stock, according to Wall Street analysts?
Out of 1 Wall Street analysts who give ratings on LMFA, the consensus analyst rating on LMFA is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the LM Funding America stock forecast page.
LMFA Trading Indicators
LMFA Performance Numbers
Last year, LMFA revenue was $7.54M. Over the past 5 year, LMFA's revenue has increased by 33.98% per year. This was faster than the Credit Services industry average of 11.64%.
You can analyze LMFA's earnings and revenue performance here.
Are LMFA insiders buying or selling the stock?
In the past 12 months, insiders at LMFA have bought more shares than they have sold.
Ryan H. Duran, Vice President of Operations of LMFA, was the latest LMFA insider to sell. They sold $1,290.00 worth of LMFA shares on Dec 18, 2024.
Research more about who owns LMFA shares here.
Can I get consistent income from LMFA stock?
No, LM Funding America doesn't provide an income stream by paying out dividends.
What do other investors have to say about LMFA?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your LMFA trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine for most investors. - 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 sure you're buying or selling at an exact price, use a limit order.
Click the Open Trade button and your broker will execute your order.
If you want additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Track your investment in LMFA
Now that you own some LMFA shares, you'll want to stay up-to-date on your new company.
Put LMFA on a watchlist to get notified of important updates regarding your LMFA stock.
LMFA Feed
How to Buy Stock in LM Funding America
To summarize, here are the 6 steps to buy LM Funding America stock:
- Figure out where to buy LM Funding America stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Research LM Funding America stock
- Execute your LMFA trade
- Track your investment in LMFA
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in LM Funding America, click below.
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