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NYSE:FBCFlagstar Bancorp Stock Price, Forecast & News

$17.30
-0.92 (-5.05 %)
(As of 04/5/2020 08:12 AM ET)
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Today's Range
$16.90
Now: $17.30
$18.33
50-Day Range
$17.16
MA: $28.53
$36.34
52-Week Range
$16.76
Now: $17.30
$40.00
Volume425,380 shs
Average Volume463,497 shs
Market Capitalization$980.22 million
P/E Ratio4.55
Dividend Yield1.10%
Beta1.59
Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial and consumer banking services to individuals and businesses in the United States. Its Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer and commercial loans, commercial real estate loans, equipment finance and leasing, home builder finance loans, and warehouse lines of credit. It also provides other financial services, including consumer and corporate card services, customized treasury management solutions, merchant services, and capital markets services, such as loan syndications, as well as wealth management products and services. This segment serves consumer, business, and mortgage lending customers through its branch banking, business and commercial banking, government banking, warehouse lending, and loans held-for-investment (LHFI) portfolio groups. The company's Mortgage Originations segment originates, acquires, and sells one-to-four family residential mortgage loans through mortgage branches, call centers, the Internet, and third party counterparties. Its Mortgage Servicing segment offers services and subservices mortgage loans; and the servicing of residential mortgages for its LHFI portfolio, as well as noninterest-bearing escrow services. As of December 31, 2018, the company provided banking services through 160 full service banking branches; and home loans through a wholesale network of brokers and correspondents in 50 states, as well as 75 retail locations in 24 states. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 5.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.35 out of 5 stars


Industry, Sector and Symbol

Industry Federal savings institutions
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone248-312-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.40 billion
Cash Flow$4.52 per share
Book Value$31.64 per share

Profitability

Net Income$218 million

Miscellaneous

Employees4,453
Market Cap$980.22 million
Next Earnings Date4/28/2020 (Estimated)
OptionableOptionable

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Flagstar Bancorp (NYSE:FBC) Frequently Asked Questions

How has Flagstar Bancorp's stock been impacted by COVID-19 (Coronavirus)?

Flagstar Bancorp's stock was trading at $29.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FBC shares have decreased by 40.3% and is now trading at $17.30. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Flagstar Bancorp?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flagstar Bancorp in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Flagstar Bancorp.

When is Flagstar Bancorp's next earnings date?

Flagstar Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, April 28th 2020. View our earnings forecast for Flagstar Bancorp.

How were Flagstar Bancorp's earnings last quarter?

Flagstar Bancorp Inc (NYSE:FBC) released its quarterly earnings results on Tuesday, January, 28th. The savings and loans company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.05. The savings and loans company earned $314 million during the quarter, compared to analyst estimates of $306.93 million. Flagstar Bancorp had a net margin of 15.53% and a return on equity of 11.79%. During the same period last year, the business earned $0.72 earnings per share. View Flagstar Bancorp's earnings history.

How often does Flagstar Bancorp pay dividends? What is the dividend yield for Flagstar Bancorp?

Flagstar Bancorp declared a quarterly dividend on Tuesday, January 28th. Investors of record on Monday, March 2nd will be given a dividend of $0.05 per share on Monday, March 16th. This represents a $0.20 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend is Friday, February 28th. This is a boost from Flagstar Bancorp's previous quarterly dividend of $0.04. View Flagstar Bancorp's dividend history.

How will Flagstar Bancorp's stock buyback program work?

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 purchase up to 2.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

What price target have analysts set for FBC?

5 brokers have issued 12 month price objectives for Flagstar Bancorp's shares. Their forecasts range from $27.00 to $42.00. On average, they expect Flagstar Bancorp's stock price to reach $35.75 in the next year. This suggests a possible upside of 106.6% from the stock's current price. View analysts' price targets for Flagstar Bancorp.

Has Flagstar Bancorp been receiving favorable news coverage?

Press coverage about FBC stock has been trending very negative on Sunday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Flagstar Bancorp earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news articles 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 impact on the stock's share price in the next several days. View the latest news aboutFlagstar Bancorp.

Are investors shorting Flagstar Bancorp?

Flagstar Bancorp saw a drop in short interest in February. As of February 28th, there was short interest totaling 953,400 shares, a drop of 10.1% from the February 13th total of 1,060,000 shares. Based on an average daily volume of 282,500 shares, the days-to-cover ratio is currently 3.4 days. Approximately 2.7% of the company's stock are sold short. View Flagstar Bancorp's Current Options Chain.

Who are some of Flagstar Bancorp's key competitors?

What other stocks do shareholders of Flagstar Bancorp own?

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), Stag Industrial (STAG), Cisco Systems (CSCO), Gilead Sciences (Gild), QUALCOMM (QCOM), Bank of America (BAC), Wells Fargo & Co (WFC) and Huntington Bancshares (HBAN).

Who are Flagstar Bancorp's key executives?

Flagstar Bancorp's management team includes the following people:
  • Mr. Alessandro P. DiNello, Pres, CEO & Director (Age 64)
  • Mr. James K. Ciroli, Exec. VP & CFO (Age 53)
  • Mr. Stephen V. Figliuolo, Exec. VP & Chief Risk Officer (Age 62)
  • Ms. Kristy Williams Fercho, Exec. VP & Pres of Mortgage of Bank (Age 53)
  • Mr. Lee Matthew Smith, Exec. VP & COO of Flagstar Bank (Age 44)

What is Flagstar Bancorp's stock symbol?

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

How do I buy shares of 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.

What is Flagstar Bancorp's stock price today?

One share of FBC stock can currently be purchased for approximately $17.30.

How big of a company is Flagstar Bancorp?

Flagstar Bancorp has a market capitalization of $980.22 million and generates $1.40 billion in revenue each year. The savings and loans company earns $218 million in net income (profit) each year or $3.46 on an earnings per share basis. Flagstar Bancorp employs 4,453 workers across the globe. View additional information about Flagstar Bancorp.

What is Flagstar Bancorp's official website?

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

How can I contact Flagstar Bancorp?

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]

This page was last updated on 4/5/2020 by MarketBeat.com Staff

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