FY2026 EPS Estimate for Flagstar Financial Lifted by Analyst

Flagstar Financial, Inc. (NYSE:FLG - Free Report) - Stock analysts at DA Davidson raised their FY2026 earnings estimates for shares of Flagstar Financial in a research report issued to clients and investors on Thursday, June 26th. DA Davidson analyst P. Winter now forecasts that the company will post earnings of $0.72 per share for the year, up from their prior estimate of $0.68. 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.

Flagstar Financial (NYSE:FLG - Get Free Report) last issued its quarterly earnings data on Friday, April 25th. The company reported ($0.23) EPS for the quarter, topping the consensus estimate of ($0.26) by $0.03. Flagstar Financial had a negative return on equity of 9.68% and a negative net margin of 14.21%. The company had revenue of $490.00 million during the quarter, compared to analyst estimates of $511.00 million. The business's revenue was down 22.6% compared to the same quarter last year.

A number of other brokerages also recently issued reports on FLG. Stephens reissued an "equal weight" rating and set a $12.50 price objective on shares of Flagstar Financial in a research report on Thursday, June 12th. Truist Financial assumed coverage on Flagstar Financial in a report on Tuesday, May 13th. They set a "hold" rating and a $13.00 price target for the company. Citigroup upped their price target on Flagstar Financial from $15.00 to $15.50 and gave the stock a "buy" rating in a research report on Thursday, May 15th. Wall Street Zen cut Flagstar Financial from a "hold" rating to a "sell" rating in a research 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 target price for the company. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $13.39.

Flagstar Financial Stock Performance

NYSE FLG traded down $0.17 during trading hours on Friday, hitting $10.64. 4,733,796 shares of the company's stock traded hands, compared to its average volume of 6,364,338. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.85. Flagstar Financial has a 52 week low of $8.56 and a 52 week high of $13.35. The firm has a market capitalization of $4.42 billion, a P/E ratio of -4.09 and a beta of 1.14. The business's fifty day moving average price is $11.67 and its two-hundred day moving average price is $11.13.

Flagstar Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 17th. Shareholders of record on Saturday, June 7th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.38%. The ex-dividend date of this dividend was Friday, June 6th. Flagstar Financial's payout ratio is currently -1.54%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. bought a new position in Flagstar Financial during the first quarter valued at approximately $45,000. Brooklyn Investment Group bought a new position in shares of Flagstar Financial during the 1st quarter valued at approximately $51,000. Arete Wealth Advisors LLC bought a new position in shares of Flagstar Financial during the 1st quarter valued at approximately $94,000. Bayforest Capital Ltd purchased a new position in shares of Flagstar Financial in the first quarter valued at $97,000. Finally, Strs Ohio bought a new stake in Flagstar Financial in the first quarter worth $102,000. Hedge funds and other institutional investors own 67.88% of the company's stock.

Flagstar Financial Company Profile

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.