BayFirst Financial Corp is looking to resale shares of its common stock, but this offering is contingent upon the approval of its application for listing on the Nasdaq.
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| Latest market close | $13.05 |
|---|---|
| 52-week range | $8.70 - $14.60 |
| 50-day moving average | $11.91 |
| 200-day moving average | $11.98 |
| Wall St. target price | N/A |
| PE ratio | 11.0855 |
| Dividend yield | $0.32 (2.43%) |
| Earnings per share (TTM) | $1.17 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $13.045 from 2024-07-25
| 1 week (2024-07-19) | 0.58% |
|---|---|
| 1 month (2024-06-26) | 13.04% |
| 3 months (2024-04-26) | 1.12% |
| 6 months (2024-01-26) | 14.93% |
| 1 year (2023-07-26) | -5.47% |
|---|---|
| 2 years (2022-07-26) | -27.57% |
| 3 years (2021-07-26) | 27.3712 |
| 5 years (2019-07-22) | N/A |
Valuing BayFirst Financial stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of BayFirst Financial's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
BayFirst Financial's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, BayFirst Financial shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
However, BayFirst Financial's P/E ratio is best considered in relation to those of others within the banks - regional industry or those of similar companies.
| Revenue TTM | $78.1 million |
|---|---|
| Operating margin TTM | 7.71% |
| Gross profit TTM | $62.3 million |
| Return on assets TTM | 0.54% |
| Return on equity TTM | 6.21% |
| Profit margin | 7.41% |
| Book value | $20.53 |
| Market Capitalization | $53.6 million |
TTM: trailing 12 months
Dividend payout ratio: 39.93% of net profits
Recently BayFirst Financial has paid out, on average, around 39.93% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.43% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), BayFirst Financial shareholders could enjoy a 2.43% return on their shares, in the form of dividend payments. In BayFirst Financial's case, that would currently equate to about $0.32 per share.
While BayFirst Financial's payout ratio might seem fairly standard, it's worth remembering that BayFirst Financial may be investing much of the rest of its net profits in future growth.
BayFirst Financial's most recent dividend payout was on 14 June 2024. The latest dividend was paid out to all shareholders who bought their shares by 30 May 2024 (the "ex-dividend date").
BayFirst Financial's dividend payout ratio is perhaps best considered in relation to those of similar companies.
BayFirst Financial's shares were split on a 3:2 basis on 11 May 2021. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your BayFirst Financial shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for BayFirst Financial shares which in turn could have impacted BayFirst Financial's share price.
Over the last 12 months, BayFirst Financial's shares have ranged in value from as little as $8.6951 up to $14.6022. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while BayFirst Financial's is 0.996. This would suggest that BayFirst Financial's shares are less volatile than average (for this exchange).
To put BayFirst Financial's beta into context you can compare it against those of similar companies.
BayFirst Financial Corp. operates as the bank holding company for BayFirst National Bank that provides community banking services for businesses and individuals. The company offers checking, savings, NOW, and money market deposit accounts, as well as certificates of deposit and individual retirement account; and safety deposit boxes. It also provides commercial real estate mortgages; construction and development, working capital, and business loans; auto, boat, and recreational vehicle loans; and residential mortgages, personal lines of credit, and home equity lines of credit. In addition, the company offers mobile and online banking, treasury management, wire transfers, cash management, merchant processing, remote deposit capture, night depositor, online bill payment, courier, retail investment, ACH originations, and other services. It operates full-service banking centers in St. Petersburg, Seminole, Pinellas Park, Clearwater, Sarasota, Tampa, Belleair Bluffs, and Bradenton, Florida.
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