In the last trading session, 2,686,441 Broadway Financial Corporation (NASDAQ:BYFC) shares changed hands as the company’s beta touched 0.87. With the company’s per share price at $2.51 changed hands at -$0.5 or -0.17% during last session, the market valuation stood at $180.03 Million. BYFC’s last price was a discount, traded about -77.29% off its 52-week high of $4.45. The share price had its 52-week low at $1.41, which suggests the last value was 43.82% up since then. When we look at Broadway Financial Corporation’s average trading volume, we note the 10-day average is 6.2 Million shares, with the 3-month average coming to 1.02 Million.
Analysts gave the Broadway Financial Corporation (BYFC) stock a consensus recommendation rating of Buy, calculated at a mean rating of 0. If we narrow down to specifics, the data shows that none out of 1 analysts rate the stock as a Sell, with a further none assigning it an Overweight rating. Of the remaining, none recommended BYFC as a Hold, 1 felt it is a Buy and none rated the stock as Underweight. Broadway Financial Corporation’s EPS for the current quarter is expected to be $0.
Broadway Financial Corporation (NASDAQ:BYFC) trade information
Although BYFC has turned red as seen at the end of in last trading. With action -16.61%, the performance over the past five days has been red. The jump to weekly highs of $3.95- on Monday, Jun 14 added 36.46% to the stock’s daily price. The company’s shares are showing year-to-date upside of 0.36%, with the 5-day performance at -0.18% in the red. However, in the 30-day time frame, Broadway Financial Corporation (NASDAQ:BYFC) is 0.2% up. Looking at the short shares, we see there were 112.28 Million shares sold at short interest cover period of 110.08 days.
The consensus price target for the stock as assigned by Wall Street analysts is $15, meaning bulls need an upside of 497.61% from its current market value. According to analyst projections, BYFC’s forecast low is $15 with $15 as the target high. To hit the forecast high, the stock’s price needs a +497.61% upsurge from its current level, while the stock would need to tank 497.61% for it to hit the projected low.
Broadway Financial Corporation (BYFC) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -15.7%. The 2021 estimates are for Broadway Financial Corporation earnings to decrease by -207.7%, but the outlook for the next 5-year period is at 0% per year.
Broadway Financial Corporation (NASDAQ:BYFC)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 10.67% of Broadway Financial Corporation shares while 10.53% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 11.79%. There are 22 institutions holding the Broadway Financial Corporation stock share, with Philadelphia Financial Management of San Francisco LLC the top institutional holder. As of Mar 30, 2021, the company held 5.85% of the shares, roughly 1.12 Million BYFC shares worth $2.79 Million.
Vanguard Group, Inc. (The) holds the second largest percentage of outstanding shares, with 2.88% or 550.95 Thousand shares worth $1.37 Million as of Mar 30, 2021.
Among Mutual Funds, the top two as of Mar 30, 2021 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. With 291631 shares estimated at $726.16 Thousand under it, the former controlled 1.52% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 1.35% of the shares, roughly 258.77 Thousand shares worth around $644.34 Thousand.