DA Davidson Expects Reduced Earnings for Flagstar Financial

Flagstar Financial, Inc. (NYSE:FLG - Free Report) - Research analysts at DA Davidson cut their Q1 2025 earnings estimates for shares of Flagstar Financial in a note issued to investors on Wednesday, April 2nd. DA Davidson analyst P. Winter now anticipates that the company will earn ($0.26) per share for the quarter, down from their prior estimate of ($0.22). DA Davidson currently has a "Buy" rating and a $14.50 target price on the stock. The consensus estimate for Flagstar Financial's current full-year earnings is ($0.31) per share. DA Davidson also issued estimates for Flagstar Financial's FY2025 earnings at ($0.34) EPS.

Flagstar Financial (NYSE:FLG - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The company reported ($0.34) EPS for the quarter, topping analysts' consensus estimates of ($0.51) by $0.17. Flagstar Financial had a negative return on equity of 10.72% and a negative net margin of 17.16%.

Other research analysts have also recently issued research reports about the company. Barclays upped their price target on Flagstar Financial from $13.00 to $14.00 and gave the company an "overweight" rating in a report on Friday, January 31st. JPMorgan Chase & Co. upped their target price on Flagstar Financial from $11.00 to $12.50 and gave the company a "neutral" rating in a report on Friday, January 31st. UBS Group assumed coverage on Flagstar Financial in a research note on Tuesday, December 17th. They issued a "neutral" rating and a $11.50 price target on the stock. Citigroup raised shares of Flagstar Financial from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $13.50 to $15.00 in a research report on Friday, April 4th. Finally, Compass Point upped their price target on shares of Flagstar Financial from $11.50 to $12.00 and gave the company a "neutral" rating in a research report on Tuesday, December 10th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $13.25.

Flagstar Financial Trading Down 0.3 %

Shares of NYSE FLG traded down $0.03 during midday trading on Friday, reaching $10.37. The company's stock had a trading volume of 4,056,866 shares, compared to its average volume of 6,096,708. Flagstar Financial has a one year low of $7.86 and a one year high of $13.35. The stock has a market capitalization of $4.30 billion, a P/E ratio of -2.81 and a beta of 1.17. The stock has a 50 day moving average price of $11.89. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 1.88.

Flagstar Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, March 7th were paid a $0.01 dividend. The ex-dividend date was Friday, March 7th. This represents a $0.04 annualized dividend and a yield of 0.39%. Flagstar Financial's dividend payout ratio is presently -1.08%.

About Flagstar Financial

Flagstar Financial, Inc operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company's deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit.