Published on 16 Aug 2023 on Simply Wall St. via Yahoo Finance
Many investors define successful investing as beating the market average over the long term. But its virtually certain that sometimes you will buy stocks that fall short of the market average returns. Unfortunately, that's been the case for longer term Broadway Financial Corporation (NASDAQ:BYFC) shareholders, since the share price is down 41% in the last three years, falling well short of the market return of around 30%. On top of that, the share price is down 5.4% in the last week.
It's worthwhile assessing if the company's economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let's do just that.
See our latest analysis for Broadway Financial