Broadway Financial (NASDAQ:BYFC) Now Covered by StockNews.com

Posted by ABMN Staff on Apr 9th, 2025

StockNews.com began coverage on shares of Broadway Financial (NASDAQ:BYFC – Free Report) in a research note released on Tuesday. The brokerage issued a sell rating on the savings and loans company’s stock.

Broadway Financial Stock Performance

BYFC opened at $5.86 on Tuesday. The company has a quick ratio of 0.14, a current ratio of 1.38 and a debt-to-equity ratio of 2.26. The firm has a market cap of $53.40 million, a PE ratio of 146.54 and a beta of 0.73. The business has a fifty day simple moving average of $7.28 and a 200-day simple moving average of $7.13. Broadway Financial has a fifty-two week low of $4.41 and a fifty-two week high of $9.46.

Broadway Financial (NASDAQ:BYFC – Get Free Report) last released its quarterly earnings results on Monday, January 27th. The savings and loans company reported $0.06 earnings per share for the quarter. Broadway Financial had a return on equity of 1.44% and a net margin of 3.02%.

Institutional Investors Weigh In On Broadway Financial

An institutional investor recently raised its position in Broadway Financial stock. M3F Inc. raised its position in shares of Broadway Financial Co. (NASDAQ:BYFC – Free Report) by 56.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 249,450 shares of the savings and loans company’s stock after purchasing an additional 90,299 shares during the quarter. Broadway Financial accounts for 0.5% of M3F Inc.’s investment portfolio, making the stock its 25th biggest holding. M3F Inc. owned about 2.74% of Broadway Financial worth $1,709,000 at the end of the most recent quarter. 12.12% of the stock is currently owned by institutional investors and hedge funds.

About Broadway Financial

(Get Free Report)

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.