Flagstar Bancorp Stock Price, Forecast & Analysis (NYSE:FBC)

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

Flagstar Bancorp announced 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 0.44%. The ex-dividend date of this dividend is Friday, November 29th. View Flagstar Bancorp's Dividend History.

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

Flagstar Bancorp Inc (NYSE:FBC) issued its quarterly earnings results on Tuesday, October, 22nd. The savings and loans company reported $1.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.04 by $0.07. The savings and loans company had revenue of $146 million for 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 revenue was up 17.7% compared to the same quarter last year. During the same period in the previous year, the business earned $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 analysts have issued 1-year price objectives for Flagstar Bancorp's shares. Their forecasts range from $32.00 to $42.00. On average, they anticipate Flagstar Bancorp's share price to reach $37.50 in the next twelve months. This suggests a possible upside of 2.4% 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.

News articles about FBC stock have been trending very negative this week, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news 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 news impact score of -3.2 on InfoTrie's scale. They also gave news stories about the savings and loans company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely 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 in October. As of October 31st, there was short interest totalling 1,420,000 shares, an increase of 10.9% from the September 30th total of 1,280,000 shares. Based on an average daily trading volume, of 258,500 shares, the days-to-cover ratio is currently 5.5 days. Approximately 5.0% of the shares of the company 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), Brookline Bancorp (BRKL), Kearny Financial (KRNY), OceanFirst Financial (OCFC), Meta Financial Group (CASH), 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), Caterpillar (CAT), Home Depot (HD), Advanced Micro Devices (AMD) and Broadcom (AVGO).

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%), Great Lakes Advisors LLC (0.19%), Mackay Shields LLC (0.18%), Rhumbline Advisers (0.17%), Chartwell Investment Partners LLC (0.11%) and Boston Advisors LLC (0.11%). 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 Mackay Shields LLC, Municipal Employees Retirement System of Michigan, Chartwell Investment Partners LLC, Tower Research Capital LLC TRC , Comerica Bank, Texas Permanent School Fund and Louisiana State Employees Retirement System. View Insider Buying and Selling for Flagstar Bancorp.

FBC stock was acquired by a variety of institutional investors in the last quarter, including Bayview Asset Management LLC, California Public Employees Retirement System, First Quadrant L P CA, Boston Advisors LLC, Denali Advisors LLC, Strs Ohio, State of Alaska Department of Revenue and Alps Advisors Inc.. 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 $36.63.

Flagstar Bancorp has a market capitalization of $2.07 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]