NYSE:FBC - Flagstar Bancorp Stock Price, Forecast & News

Flagstar Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "FBC."

Flagstar Bancorp declared a quarterly dividend on Tuesday, October 22nd. Stockholders of record on Monday, December 2nd will be paid a dividend of $0.04 per share on Monday, December 16th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date of this dividend is Friday, November 29th. View Flagstar Bancorp's Dividend History.

Flagstar Bancorp announced that its Board of Directors has authorized a stock buyback plan on Wednesday, January 30th 2019, which allows the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 2.9% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

Flagstar Bancorp Inc (NYSE:FBC) posted its earnings results on Tuesday, October, 22nd. The savings and loans company reported $1.11 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.04 by $0.07. The savings and loans company earned $146 million during the quarter, compared to the consensus estimate of $144.51 million. Flagstar Bancorp had a return on equity of 11.20% and a net margin of 16.36%. The firm's quarterly revenue was up 17.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.85 EPS. View Flagstar Bancorp's Earnings History.

Flagstar Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, January 28th 2020. View Earnings Estimates for Flagstar Bancorp.

6 Wall Street analysts have issued 1-year price objectives for Flagstar Bancorp's shares. Their forecasts range from $32.00 to $42.00. On average, they expect Flagstar Bancorp's stock price to reach $37.75 in the next year. This suggests that the stock has a possible downside of 0.1%. View Analyst Price Targets for Flagstar Bancorp.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flagstar Bancorp in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Flagstar Bancorp.

News headlines about FBC stock have trended very negative recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Flagstar Bancorp earned a coverage optimism score of -3.1 on InfoTrie's scale. They also assigned press coverage about the savings and loans company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Flagstar Bancorp.

Flagstar Bancorp saw a decline in short interest in November. As of November 29th, there was short interest totalling 919,900 shares, a decline of 6.7% from the November 14th total of 986,200 shares. Based on an average daily trading volume, of 384,900 shares, the short-interest ratio is presently 2.4 days. Approximately 2.6% of the company's stock are sold short. View Flagstar Bancorp's Current Options Chain.

Some companies that are related to Flagstar Bancorp include People's United Financial (PBCT), TFS Financial (TFSL), Umpqua (UMPQ), BankUnited (BKU), Capitol Federal Financial (CFFN), Columbia Financial (CLBK), Axos Financial (AX), Provident Financial Services (PFS), Meta Financial Group (CASH), Brookline Bancorp (BRKL), OceanFirst Financial (OCFC), Kearny Financial (KRNY), Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM) and First Defiance Financial (FDEF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Flagstar Bancorp investors own include InterDigital Wireless (IDCC), Bank of Hawaii (BOH), United Parcel Service (UPS), Cisco Systems (CSCO), Stag Industrial (STAG), QUALCOMM (QCOM), Bank of America (BAC), Caterpillar (CAT), Home Depot (HD) and Radian Group (RDN).

Flagstar Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include Bayview Asset Management LLC (2.08%), State Street Corp (1.46%), Philadelphia Financial Management of San Francisco LLC (0.56%), Millennium Management LLC (0.47%), Great Lakes Advisors LLC (0.19%) and Mackay Shields LLC (0.18%). Company insiders that own Flagstar Bancorp stock include Alessandro Dinello, Lee Matthew Smith, Mp Thrift Investments LP, Patrick M Mcguirk and Peter Schoels. View Institutional Ownership Trends for Flagstar Bancorp.

FBC stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Mackay Shields LLC, State Street Corp, Municipal Employees Retirement System of Michigan, Chartwell Investment Partners LLC, Tower Research Capital LLC TRC, Stifel Financial Corp and Comerica Bank. View Insider Buying and Selling for Flagstar Bancorp.

FBC stock was bought by a variety of institutional investors in the last quarter, including Philadelphia Financial Management of San Francisco LLC, Bayview Asset Management LLC, California Public Employees Retirement System, First Quadrant L P CA, Boston Advisors LLC, Denali Advisors LLC, Strs Ohio and State of Alaska Department of Revenue. Company insiders that have bought Flagstar Bancorp stock in the last two years include Alessandro Dinello and Patrick M Mcguirk. View Insider Buying and Selling for Flagstar Bancorp.

Shares of FBC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of FBC stock can currently be purchased for approximately $37.78.

Flagstar Bancorp has a market capitalization of $2.13 billion and generates $1.12 billion in revenue each year. The savings and loans company earns $187 million in net income (profit) each year or $3.02 on an earnings per share basis. Flagstar Bancorp employs 3,938 workers across the globe.View Additional Information About Flagstar Bancorp.

The official website for Flagstar Bancorp is http://www.flagstar.com/.

Flagstar Bancorp's mailing address is 5151 CORPORATE DRIVE, TROY MI, 48098. The savings and loans company can be reached via phone at 248-312-2000 or via email at [email protected]