FY2026 EPS Forecast for Flagstar Financial Lifted by Analyst

Flagstar Financial, Inc. (NYSE:FLG - Free Report) - Investment analysts at DA Davidson upped their FY2026 earnings per share estimates for shares of Flagstar Financial in a research report issued on Thursday, June 26th. DA Davidson analyst P. Winter now expects that the company will post earnings per share of $0.72 for the year, up from their previous estimate of $0.68. DA Davidson currently has a "Buy" rating and a $14.50 price target on the stock. The consensus estimate for Flagstar Financial's current full-year earnings is ($0.31) per share.

Several other equities research analysts have also commented on the stock. Truist Financial initiated coverage on shares of Flagstar Financial in a research note on Tuesday, May 13th. They issued a "hold" rating and a $13.00 price target on the stock. Stephens reaffirmed an "equal weight" rating and set a $12.50 target price on shares of Flagstar Financial in a research note on Thursday, June 12th. Jefferies Financial Group began coverage on Flagstar Financial in a report on Wednesday, May 21st. They set a "buy" rating and a $15.00 price target on the stock. Citigroup increased their target price on shares of Flagstar Financial from $15.00 to $15.50 and gave the company a "buy" rating in a research report on Thursday, May 15th. Finally, Wall Street Zen lowered shares of Flagstar Financial from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $13.39.

Flagstar Financial Trading Up 2.9%

Shares of NYSE:FLG opened at $11.00 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.85. The company's 50-day moving average price is $11.66 and its 200 day moving average price is $11.14. The company has a market cap of $4.57 billion, a PE ratio of -4.23 and a beta of 1.13. Flagstar Financial has a fifty-two week low of $8.56 and a fifty-two week high of $13.35.

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

Flagstar Financial Dividend Announcement

The firm also recently announced 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 yield of 0.36%. The ex-dividend date of this dividend was Friday, June 6th. Flagstar Financial's dividend payout ratio is presently -1.54%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in FLG. Geneos Wealth Management Inc. bought a new stake in shares of Flagstar Financial during the 1st quarter worth $45,000. Brooklyn Investment Group purchased a new stake in shares of Flagstar Financial during the first quarter valued at $51,000. Arete Wealth Advisors LLC purchased a new stake in shares of Flagstar Financial during the first quarter valued at $94,000. Bayforest Capital Ltd acquired a new position in shares of Flagstar Financial in the 1st quarter valued at $97,000. Finally, Strs Ohio purchased a new position in Flagstar Financial in the 1st quarter worth about $102,000. Institutional investors and hedge funds 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.

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