Blue Foundry Bancorp (NASDAQ:BLFY - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.17) by $0.04, Zacks reports. Blue Foundry Bancorp had a negative net margin of 14.14% and a negative return on equity of 3.50%.
Blue Foundry Bancorp Price Performance
Shares of NASDAQ BLFY traded down $0.01 during midday trading on Wednesday, reaching $9.78. The stock had a trading volume of 54,864 shares, compared to its average volume of 51,359. The company has a market capitalization of $222.98 million, a price-to-earnings ratio of -17.46 and a beta of 0.63. Blue Foundry Bancorp has a 12-month low of $7.90 and a 12-month high of $11.48. The stock has a 50-day moving average of $10.11 and a 200-day moving average of $10.34. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.23 and a current ratio of 1.23.
Analysts Set New Price Targets
Separately, Keefe, Bruyette & Woods upped their price target on Blue Foundry Bancorp from $9.75 to $11.00 and gave the stock a "market perform" rating in a research report on Wednesday, December 4th.
Check Out Our Latest Analysis on Blue Foundry Bancorp
Blue Foundry Bancorp Company Profile
(
Get Free Report)
Blue Foundry Bancorp operates as a bank holding company for Blue Foundry Bank, a savings bank that offers various banking products and services for individuals and businesses in the United States. The company offers saving, time, and non-interest bearing deposits; demand accounts; and loans, such as one-to-four family residential property, multi-family, residential real estate, non-residential real estate, consumer, construction, and commercial and industrial loans, as well as junior liens and home equity lines of credit.
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