Blue Foundry Bancorp (NASDAQ:BLFY - Get Free Report)'s share price fell 1.4% on Tuesday . The stock traded as low as $9.74 and last traded at $9.75. 37,566 shares were traded during trading, a decline of 23% from the average session volume of 48,902 shares. The stock had previously closed at $9.89.
Analyst Ratings Changes
Separately, Keefe, Bruyette & Woods lowered their price objective on shares of Blue Foundry Bancorp from $11.00 to $10.00 and set a "market perform" rating on the stock in a research note on Thursday, January 30th.
Get Our Latest Stock Report on BLFY
Blue Foundry Bancorp Stock Up 0.1 %
The company has a market capitalization of $220.21 million, a price-to-earnings ratio of -17.25 and a beta of 0.62. The firm's 50 day moving average price is $9.66 and its two-hundred day moving average price is $10.22. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.03.
Blue Foundry Bancorp (NASDAQ:BLFY - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The company reported ($0.13) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.04. Blue Foundry Bancorp had a negative net margin of 13.65% and a negative return on equity of 3.45%. Sell-side analysts anticipate that Blue Foundry Bancorp will post -0.47 earnings per share for the current fiscal year.
Institutional Trading of Blue Foundry Bancorp
Hedge funds and other institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets bought a new stake in shares of Blue Foundry Bancorp during the 4th quarter worth about $27,000. R Squared Ltd bought a new stake in shares of Blue Foundry Bancorp during the 4th quarter worth about $34,000. FMR LLC boosted its holdings in shares of Blue Foundry Bancorp by 72.3% during the 3rd quarter. FMR LLC now owns 6,482 shares of the company's stock worth $66,000 after buying an additional 2,720 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of Blue Foundry Bancorp during the 3rd quarter worth about $71,000. Finally, Quantinno Capital Management LP bought a new stake in shares of Blue Foundry Bancorp during the 4th quarter worth about $108,000. Institutional investors own 56.52% of the company's stock.
About Blue Foundry Bancorp
(
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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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