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 annualized dividend and a dividend yield of 0.43%. The ex-dividend date is Friday, November 29th. View Flagstar Bancorp's Dividend History.

Flagstar Bancorp declared that its board has approved a share repurchase program on Wednesday, January 30th 2019, which authorizes the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 2.9% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its stock is undervalued.

Flagstar Bancorp Inc (NYSE:FBC) announced its earnings results on Tuesday, October, 22nd. The savings and loans company reported $1.11 EPS for the quarter, beating the consensus estimate of $1.04 by $0.07. The savings and loans company earned $146 million during the quarter, compared to analysts' expectations of $144.51 million. Flagstar Bancorp had a return on equity of 11.20% and a net margin of 16.36%. The company's revenue was up 17.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.85 earnings per share. 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 analysts have issued 1-year target prices for Flagstar Bancorp's stock. Their forecasts range from $32.00 to $42.00. On average, they anticipate Flagstar Bancorp's stock price to reach $37.75 in the next twelve months. This suggests a possible upside of 1.3% from the stock's current price. 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.

Media stories about FBC stock have been trending very negative on Tuesday, according to InfoTrie. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Flagstar Bancorp earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news coverage about the savings and loans company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Flagstar Bancorp.

Flagstar Bancorp saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 2,180,000 shares, an increase of 53.5% from the October 31st total of 1,420,000 shares. Based on an average trading volume of 372,400 shares, the days-to-cover ratio is presently 5.9 days. Approximately 6.4% of the shares of the 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), LegacyTexas Financial Group (LTXB), 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) and Dime Community Bancshares (DCOM).

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 a variety of of institutional and retail investors. Top institutional shareholders 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 acquired 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 $37.25.

Flagstar Bancorp has a market capitalization of $2.11 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]