Broadway Financial (BYFC) Stock Price, News & Analysis

Company Overview

Broadway Financial Corporation operates as the holding company for City First Bank, National Association that provides various banking products and services in the United States. It accepts various deposit accounts, including savings accounts, checking accounts, interest checking accounts, money market accounts, and fixed-term certificates of deposit. The company also offers mortgage loans, which are secured by multi-family residential properties; single family residential properties; and commercial real estate, including charter schools, community facilities, and churches, as well as commercial business, construction, and consumer loans. In addition, it invests in securities issued by federal government agencies, residential mortgage-backed securities, and other investments. The company was founded in 1946 and is headquartered in Los Angeles, California.

Key Stats

• Today's Range: $6.86 to $7.08
• 50-Day Range: $6.06 to $7.65
• 52-Week Range: $4.41 to $7.99
• Volume: 6,229 shs
• Average Volume: 7,300 shs
• Market Capitalization: $62.63 million
• P/E Ratio: 23.66
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Broadway Financial Stock Analysis - MarketRank™

Broadway Financial scored higher than 20% of companies evaluated by MarketBeat, and ranked 864th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Broadway Financial.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Broadway Financial is 23.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Broadway Financial is 23.66, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.55.

Price to Book Value per Share Ratio

Broadway Financial has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.14% of the float of Broadway Financial has been sold short.

Short Interest Ratio / Days to Cover

Broadway Financial has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Broadway Financial has recently increased by 3.33%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Broadway Financial does not currently pay a dividend.

Dividend Growth

Broadway Financial does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.14% of the float of Broadway Financial has been sold short.

Short Interest Ratio / Days to Cover

Broadway Financial has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Broadway Financial has recently increased by 3.33%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

Broadway Financial has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Broadway Financial this week, compared to 1 article on an average week.

Search Interest

1 people have searched for BYFC on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Broadway Financial insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.74% of the stock of Broadway Financial is held by insiders.

Percentage Held by Institutions

Only 12.12% of the stock of Broadway Financial is held by institutions.

BYFC Stock Analysis - Frequently Asked Questions

How have BYFC shares performed this year?

Broadway Financial's stock was trading at $6.79 on January 1st, 2024. Since then, BYFC stock has increased by 1.0% and is now trading at $6.86.
View the best growth stocks for 2024 here.

How were Broadway Financial's earnings last quarter?

Broadway Financial Co. (NASDAQ:BYFC) posted its quarterly earnings data on Tuesday, October, 29th. The savings and loans company reported ($0.03) EPS for the quarter. The savings and loans company earned $8.75 million during the quarter. Broadway Financial had a net margin of 5.01% and a trailing twelve-month return on equity of 2.43%.

When did Broadway Financial's stock split?

Shares of Broadway Financial reverse split on Wednesday, November 1st 2023. The 1-8 reverse split was announced on Wednesday, November 1st 2023. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, November 1st 2023. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

Who are Broadway Financial's major shareholders?

Broadway Financial's top institutional investors include Wittenberg Investment Management Inc. (0.56%).
View institutional ownership trends.

How do I buy shares of Broadway Financial?

Shares of BYFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Broadway Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Broadway Financial investors own include Advanced Micro Devices (AMD), Meta Platforms (META), NVIDIA (NVDA), Pfizer (PFE), American Airlines Group (AAL), QUALCOMM (QCOM) and Tesla (TSLA).

Company Calendar

• Last Earnings: 10/29/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 6/04/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Federal savings institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:BYFC
• CUSIP: N/A
• CIK: 1001171
• Web: www.broadwayfederalbank.com
• Phone: (323) 634-1700
• Fax: 323-634-1717
• Employees: 80
• Year Founded: 1946

Profitability

• EPS (Most Recent Fiscal Year): $0.29
• Trailing P/E Ratio: 23.66
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $4.51 million
• Net Margins: 5.01%
• Pretax Margin: 7.31%
• Return on Equity: 2.43%
• Return on Assets: 0.24%

Debt

• Debt-to-Equity Ratio: 2.26
• Current Ratio: 1.38
• Quick Ratio: 0.14

Sales & Book Value

• Annual Sales: $52.58 million
• Price / Sales: 1.19
• Cash Flow: $0.47 per share
• Price / Cash Flow: 14.67
• Book Value: $14.66 per share
• Price / Book: 0.47

Miscellaneous

• Outstanding Shares: 9,130,000
• Free Float: 8,699,000
• Market Cap: $62.63 million
• Optionable: No Data
• Beta: 0.71