Broadway Financial (NASDAQ:BYFC) Research Coverage Started at StockNews.com

Posted by Casey Walker on Apr 11th, 2025

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

Broadway Financial Price Performance

Shares of NASDAQ BYFC opened at $6.28 on Tuesday. The firm has a market cap of $57.18 million, a P/E ratio of 156.91 and a beta of 0.73. The business’s 50 day moving average is $7.19 and its 200-day moving average is $7.11. The company has a current ratio of 1.38, a quick ratio of 0.14 and a debt-to-equity ratio of 2.26. Broadway Financial has a 1-year low of $4.41 and a 1-year high of $9.46.

Broadway Financial (NASDAQ:BYFC – Get Free Report) last posted its quarterly earnings data 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 Inflows and Outflows

A hedge fund recently raised its stake in Broadway Financial stock. Dimensional Fund Advisors LP lifted its stake in Broadway Financial Co. (NASDAQ:BYFC – Free Report) by 29.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,559 shares of the savings and loans company’s stock after buying an additional 4,850 shares during the period. Dimensional Fund Advisors LP owned approximately 0.24% of Broadway Financial worth $148,000 as of its most recent filing with the Securities and Exchange Commission. 12.12% of the stock is currently owned by hedge funds and other institutional investors.

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.