Blue Foundry (BLFY) AI Stock Analysis

• Market Cap: $214.38M
• Dividend Yield: N/A
• Average Volume (3M): 50.20K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.79
• Revenue Growth: 7.45%
• EPS Growth: -41.97%
• Country: US
• Employees: 184
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): -0.13
• Shares Outstanding: 21,720,825
• 10 Day Avg. Volume: 73,418
• 30 Day Avg. Volume: 50,204
• PEG Ratio: N/A
• Price to Book (P/B): 0.55
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 32.44
• Enterprise Value/Market Cap: 2.35
• Enterprise Value/Revenue: 1.46
• Enterprise Value/Gross Profit: 12.24
• Enterprise Value/Ebitda: -17.61
• 1Y Price Target: $9.75
• Price Target Upside: -1.22% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 61 Neutral
• Price Target: $10.00 ▲(1.32%Upside)

Blue Foundry's overall stock score reflects its mixed financial performance, with strengths in cash flow and recent corporate actions offset by challenges in profitability and valuation. While technical indicators and corporate events provide some positive momentum, the negative profit margins and valuation concerns weigh heavily on the score.

Blue Foundry Business Overview & Revenue Model

Company Description

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. The company offers deposits; and loans, such as one-to-four family residential property, home equity, commercial real estate, multi-family, construction, commercial and industrial, and other consumer loans, as well as home equity lines of credit. As of December 31, 2021, it operated 17 full-service branch offices located in northern New Jersey. The company was formerly known as Boiling Springs Bancorp and changed its name to Blue Foundry Bancorp in July 2019. Blue Foundry Bancorp was founded in 1939 and is based in Rutherford, New Jersey.

How the Company Makes Money

Blue Foundry makes money through interest income from loans and mortgages, which constitutes a significant portion of its revenue. The bank earns interest from borrowers who take out various types of loans, including personal, business, and mortgage loans. Additionally, it generates revenue through fees associated with its banking products and services, such as account maintenance fees, transaction fees, and other service charges. The interest spread between what the bank earns on loans and pays on deposits is another critical source of income. The institution may also engage in investment activities and partnerships that contribute to its earnings.

Blue Foundry Financial Statement Overview

Summary

Blue Foundry exhibits mixed financial performance. The revenue growth and strong gross profit margins are positive. However, operational inefficiencies are evident with negative profit margins and moderate leverage, which could pose long-term risks. Improved cash flow conversion is a positive, but consistent profitability is essential.

Income Statement

Blue Foundry's TTM revenue shows a modest growth rate of 2.08% compared to the previous year. The gross profit margin remains strong at 46.29%, indicating efficient cost management. However, the net profit margin is concerning at -13.21%, due to persistent negative EBIT and EBITDA margins of -13.21% and -9.78%, respectively, reflecting ongoing operational challenges.

Balance Sheet

The debt-to-equity ratio stands at 1.10, highlighting moderate leverage. The equity ratio of 15.61% suggests the company is capitalized more by liabilities than equity, posing potential risk. Return on equity is negative at -3.60%, reflecting the company's struggle to generate profit from shareholders' investments.

Cash Flow

Blue Foundry's cash flow performance shows improvement, with a free cash flow to net income ratio of 0.50 and an operating cash flow to net income ratio of 0.52, indicating a solid conversion of earnings into cash. Free cash flow grew by 20.52%, showcasing enhanced cash management despite negative operating cash flows in prior years.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	89.06M	87.25M	80.91M	65.08M	58.53M	50.06M
Gross Profit	41.23M	40.69M	44.16M	55.82M	47.26M	23.67M
EBITDA	-8.71M	-8.79M	-4.53M	5.40M	-24.38M	-37.45M
Net Income	-11.76M	-11.91M	-7.40M	2.40M	-36.34M	-31.51M
Balance Sheet
Total Assets	2.09B	2.06B	2.04B	2.04B	1.91B	1.94B
Cash, Cash Equivalents and Short-Term Investments	332.84M	339.53M	329.79M	355.43M	518.34M	561.03M
Total Debt	358.49M	364.67M	424.28M	337.82M	212.20M	354.94M
Total Liabilities	1.77B	1.73B	1.69B	1.65B	1.48B	1.74B
Stockholders Equity	326.66M	332.20M	355.64M	393.72M	429.47M	205.60M
Cash Flow
Free Cash Flow	5.93M	4.92M	-17.69M	-2.58M	-26.04M	-8.54M
Operating Cash Flow	6.13M	5.06M	-12.12M	2.78M	-14.14M	-1.25M
Investing Cash Flow	-82.88M	-30.01M	10.30M	-306.24M	-105.33M	101.39M
Financing Cash Flow	69.23M	21.42M	6.66M	151.19M	-3.52M	92.27M

Blue Foundry Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.87
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BLFY, the sentiment is Positive. The current price of 9.87 is above the 20-day moving average (MA) of 9.19, above the 50-day MA of 9.42, and above the 200-day MA of 9.81, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 65.10 is Neutral, neither overbought nor oversold. The STOCH value of 88.25 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BLFY.

Blue Foundry Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HWBK	76 Outperform	$209.05M	10.99	6.62%	2.65%	4.86%	800.59%
OPOF	72 Outperform	$207.67M	20.76	8.85%	1.38%	4.92%	55.04%
VABK	72 Outperform	$207.65M	11.67	11.15%	3.74%	2.26%	3.83%
PVBC	71 Outperform	$224.16M	48.57	1.93%	―	-4.32%	-68.19%
BPRN	68 Neutral	$226.24M	19.89	4.43%	3.67%	10.64%	-56.22%
Sector *	67 Neutral	$17.07B	11.91	9.69%	3.75%	11.66%	-9.47%
BLFY	61 Neutral	$214.38M	―	-3.48%	―	7.45%	-41.97%

Blue Foundry Corporate Events

Blue Foundry Initiates Sixth Stock Repurchase Program

On June 23, 2025, Blue Foundry Bancorp announced the initiation of its sixth stock repurchase program, allowing the company to buy back up to 1,082,533 shares, representing approximately 5% of its outstanding common stock. The program, which started on June 20, 2025, is part of the company’s strategy to utilize capital efficiently and enhance shareholder value, following the success of previous repurchase programs where 27.3% of common shares were repurchased at a discount to tangible book value.

The most recent analyst rating on (BLFY) stock is a Hold with a $9.75 price target. To see the full list of analyst forecasts on Blue Foundry stock, see the BLFY Stock Forecast page.

Blue Foundry Holds Annual Shareholder Meeting

Blue Foundry Bancorp held its Annual Meeting of Shareholders on May 15, 2025, with a quorum of 88.42% of shareholders present. During the meeting, directors Elizabeth Varki Jobes, Patrick H. Kinzler, Mirella Lang, and James D. Nesci were elected for two-year terms, and the appointment of KPMG LLP as the independent accounting firm was ratified. A shareholder proposal recommending the sale or merger of the company was not approved.

The most recent analyst rating on (BLFY) stock is a Hold with a $9.75 price target. To see the full list of analyst forecasts on Blue Foundry stock, see the BLFY Stock Forecast page.