How to Buy Northfield Bancorp Stock
Northfield Bancorp Inc
Northfield Bancorp, Inc. (Staten Island, NY) operates as the bank holding company for Northfield Bank that provides various banking services primarily to individuals and corporate customers.
Northfield Bancorp stock last closed at $8.87, up 3.5% from the previous day, and has decreased 10.85% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.36 percentage points. Northfield Bancorp stock is currently +11.01% from its 52-week low of $7.99, and -34.2% from its 52-week high of $13.48.
At the moment, there are 44.46M NFBK shares outstanding. The market cap of NFBK is $394.40M. In the past 24 hours, 287,120 NFBK shares were traded.
How to Buy Northfield Bancorp Stock
Wondering how to invest in Northfield Bancorp stock? Here's how.
- Choose where to buy Northfield Bancorp stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Northfield Bancorp stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Select your method of payment and add your info.
- Evaluate Northfield Bancorp stock: The Northfield Bancorp ticker symbol is NFBK. Is Northfield Bancorp stock a good investment? Should you buy shares of NFBK? How do NFBK's underlying business fundamentals look? Do top analysts think Northfield Bancorp is a good buy? Why has NFBK's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if NFBK is a good stock to buy).
- Make your NFBK buy order: Decide if you will purchase NFBK shares at the current market price or use a limit order to purchase NFBK stock at a specific price.
- Monitor your investment in NFBK: Create a watchlist to get the latest news on your position in Northfield Bancorp shares.
Step 1: Choose where to buy Northfield Bancorp stock
You need an online brokerage account in order to access the NASDAQ market and buy NFBK stock.
Our favorite brokerage: eToro
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Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, you need to fill out some personal details so you can invest in NFBK stock 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 details to create your new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have created your account on one of the best stock apps, your next step is to transfer the money for your investment:
Check out the video below to see the process of depositing funds into your brokerage account.
Step 4: Evaluate Northfield Bancorp stock
After you have chosen the best place to buy Northfield Bancorp stock, it's crucial to evaluate their stock prior to buying, so you actually comprehend the risk and upside.
Overview of key NFBK info
NFBK Zen Score
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on NFBK's stock page.
What is the fair value of NFBK stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NFBK's intrinsic value.
Using relative valuations methods:
- NFBK may be undervalued based on its P/E ratio of 10.31x, relative to Banks - Regional industry P/E ratio of -9.72x
- NFBK may be undervalued based on its P/B ratio of 0.56x, relative to Banks - Regional industry P/B ratio of 0.99x
You can access more valuation research on NFBK's stock here.
NFBK Financial Overview
Positive Financial Indicators:
- NFBK earnings of $51.76M is not enough to cover its interest payments.
Negative Financial Indicators:
- NFBK has a relatively high debt to equity ratio of 7.
- Total NFBK debt is higher than 5 years ago, relative to shareholder equity.
- NFBK's operating cash flow of $46.97M allows it to safely service it's debt of $980.80M.
- NFBK profit margin has gone down from 37.8% to 27.9% in the past year.
Do Wall Street analysts think it's a good time to buy Northfield Bancorp stock
Out of 2 Wall Street analysts who monitor NFBK, the consensus analyst rating on Northfield Bancorp is a Hold
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Northfield Bancorp stock forecast page.
Metrics for Advanced NFBK Traders
How is NFBK performing as a company?
Last year, NFBK earnings were $37.67M. Over the past 5 year, NFBK's earnings have gone up by -0.23% per year. This was slower than the Banks - Regional industry average of 16.14%.
Last year, NFBK revenue was $135.21M. Over the last five year, NFBK's revenue has gone up by 2.98% per year. This was slower than the Banks - Regional industry average of 7.57%.
Find out more about NFBK's earnings and revenue performance here.
What are NFBK insiders up to?
Over the past year, executives and large shareholders at NFBK have sold more shares than they have bought.
David Fasanella, EVP of NFBK, was the latest NFBK insider to sell. They sold $15,105.52 worth of NFBK shares on Feb 28, 2024.
Dig into more about who owns NFBK shares here.
Can I get consistent income from NFBK stock?
Northfield Bancorp pays a dividend of 5.86%, compared to the Banks - Regional industry's average dividend yield of 3.8%. If you owned $1,000 of NFBK stock, you would have been paid $58.62 in the past 12 months.
Northfield Bancorp dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Northfield Bancorp dividend yield and history here.
NFBK Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your NFBK buy order
You have two primary 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 mostly 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 make sure you're buying or selling at a specific price, place a limit order.
Press the Open button and your broker will place the order.
If you need more info about buying stocks on eToro, click the helpful video below:
Step 6: Monitor your investment in NFBK
Now that you own some NFBK shares, you'll want to stay up-to-date on your new company.
Start a watchlist to get alerted to the latest events about your NFBK stock.
NFBK Feed
How to Buy Stock in Northfield Bancorp
To summarize, here are the 6 steps for buying Northfield Bancorp stock:
- Choose where to buy Northfield Bancorp stock
- Create a brokerage account
- Deposit money your investment account
- Evaluate Northfield Bancorp stock
- Make your NFBK buy order
- Monitor your investment in NFBK
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Northfield Bancorp, add NFBK to your watchlist below.
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