Blue Foundry Bancorp (NASDAQ:BLFY – Get Free Report) and Horizon Bancorp (IN) (NASDAQ:HBNC – Get Free Report) are both small-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, valuation, profitability, earnings, dividends, analyst recommendations and institutional ownership.
Risk and Volatility
Blue Foundry Bancorp has a beta of 0.59, meaning that its share price is 41% less volatile than the S&P 500. Comparatively, Horizon Bancorp (IN) has a beta of 0.9, meaning that its share price is 10% less volatile than the S&P 500.
Insider & Institutional Ownership
56.5% of Blue Foundry Bancorp shares are owned by institutional investors. Comparatively, 64.5% of Horizon Bancorp (IN) shares are owned by institutional investors. 6.0% of Blue Foundry Bancorp shares are owned by company insiders. Comparatively, 2.8% of Horizon Bancorp (IN) shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Earnings and Valuation
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Blue Foundry Bancorp | $87.25 million | 1.84 | -$11.91 million | ($0.46) | -16.85 |
| Horizon Bancorp (IN) | -$82.17 million | -9.81 | $35.43 million | ($3.93) | -4.01 |
Horizon Bancorp (IN) has lower revenue, but higher earnings than Blue Foundry Bancorp. Blue Foundry Bancorp is trading at a lower price-to-earnings ratio than Horizon Bancorp (IN), indicating that it is currently the more affordable of the two stocks.
Analyst Recommendations
This is a breakdown of recent ratings and target prices for Blue Foundry Bancorp and Horizon Bancorp (IN), as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Blue Foundry Bancorp | 1 | 1 | 0 | 0 | 1.50 |
| Horizon Bancorp (IN) | 1 | 1 | 2 | 1 | 2.60 |
Blue Foundry Bancorp presently has a consensus target price of $10.00, indicating a potential upside of 29.03%. Horizon Bancorp (IN) has a consensus target price of $19.67, indicating a potential upside of 24.95%. Given Blue Foundry Bancorp’s higher possible upside, analysts plainly believe Blue Foundry Bancorp is more favorable than Horizon Bancorp (IN).
Profitability
This table compares Blue Foundry Bancorp and Horizon Bancorp (IN)’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Blue Foundry Bancorp | -9.82% | -2.84% | -0.44% |
| Horizon Bancorp (IN) | -51.01% | 9.64% | 0.97% |
Summary
Horizon Bancorp (IN) beats Blue Foundry Bancorp on 9 of the 15 factors compared between the two stocks.
About Blue Foundry Bancorp
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 in the United States. The company offers saving, time, and non-interest bearing deposits; demand accounts; and loans, such as one-to-four family residential property, multi-family, residential real estate, non-residential real estate, consumer, construction, and commercial and industrial loans, as well as junior liens and home equity lines of credit. 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.
About Horizon Bancorp (IN)
Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services. The company offers checking, saving, money market, certificate of deposits, individual retirement accounts, and time deposits, as well as non-interest- and interest-bearing demand deposits. It also provides commercial, residential real estate, mortgage, home equity, auto, personal, business, agricultural, and SBA loans, as well as credit cards. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; debit cards; treasury management; online and mobile banking; wealth, retirement, and estate and trust services; and sells various insurance products. It operates through full-service offices in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.
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