Flagstar Financial, Inc. (NYSE:FLG - Free Report) - Equities researchers at DA Davidson boosted their Q2 2025 earnings estimates for shares of Flagstar Financial in a note issued to investors on Thursday, June 26th. DA Davidson analyst P. Winter now anticipates that the company will post earnings per share of ($0.12) for the quarter, up from their previous estimate of ($0.13). DA Davidson has a "Buy" rating and a $14.50 price objective 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 ($0.27) EPS.
Flagstar Financial (NYSE:FLG - Get Free Report) last issued its earnings results on Friday, April 25th. The company reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.26) by $0.03. The business had revenue of $490.00 million for the quarter, compared to the consensus estimate of $511.00 million. Flagstar Financial had a negative net margin of 14.21% and a negative return on equity of 9.68%. The company's revenue was down 22.6% on a year-over-year basis.
Several other research analysts have also weighed in on FLG. Stephens restated an "equal weight" rating and set a $12.50 target price on shares of Flagstar Financial in a research report on Thursday, June 12th. Truist Financial initiated coverage on shares of Flagstar Financial in a report on Tuesday, May 13th. They issued a "hold" rating and a $13.00 price target on the stock. Citigroup upped their price target on shares of Flagstar Financial from $15.00 to $15.50 and gave the company a "buy" rating in a report on Thursday, May 15th. Wall Street Zen downgraded shares of Flagstar Financial from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Finally, Jefferies Financial Group initiated coverage on shares of Flagstar Financial in a report on Wednesday, May 21st. They issued a "buy" rating and a $15.00 price target on the stock. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $13.39.
Check Out Our Latest Report on FLG
Flagstar Financial Stock Down 1.5%
Shares of NYSE:FLG opened at $10.84 on Monday. The company has a market cap of $4.50 billion, a price-to-earnings ratio of -4.17 and a beta of 1.14. The firm's 50-day simple moving average is $11.67 and its 200-day simple moving average is $11.13. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.85. Flagstar Financial has a fifty-two week low of $8.56 and a fifty-two week high of $13.35.
Flagstar Financial Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 17th. Investors of record on Saturday, June 7th were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.37%. The ex-dividend date was Friday, June 6th. Flagstar Financial's payout ratio is -1.54%.
Hedge Funds Weigh In On Flagstar Financial
Large investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. purchased a new position in Flagstar Financial during the first quarter worth approximately $45,000. Brooklyn Investment Group purchased a new position in Flagstar Financial during the first quarter worth approximately $51,000. Arete Wealth Advisors LLC purchased a new position in Flagstar Financial during the first quarter worth approximately $94,000. Bayforest Capital Ltd purchased a new position in shares of Flagstar Financial in the 1st quarter valued at $97,000. Finally, Strs Ohio purchased a new position in shares of Flagstar Financial in the 1st quarter valued at $102,000. Hedge funds and other institutional investors own 67.88% of the company's stock.
About Flagstar Financial
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Flagstar Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Flagstar Financial wasn't on the list.
While Flagstar Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
