Flagstar Bancorp Stock Forecast, Price & News

Flagstar Bancorp's stock was trading at $29.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FBC stock has increased by 9.6% and is now trading at $31.78.
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4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flagstar Bancorp in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Flagstar Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, October 21st 2020.
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Flagstar Bancorp will be holding an earnings conference call on Wednesday, October 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Flagstar Bancorp Inc (NYSE:FBC) announced its quarterly earnings results on Tuesday, July, 28th. The savings and loans company reported $2.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.38 by $0.65. The savings and loans company had revenue of $168 million for the quarter, compared to analysts' expectations of $146.17 million. Flagstar Bancorp had a return on equity of 15.43% and a net margin of 16.78%. Flagstar Bancorp's quarterly revenue was up 13.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.71 EPS.
View Flagstar Bancorp's earnings history.

Flagstar Bancorp announced a quarterly dividend on Tuesday, July 28th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.05 per share on Tuesday, September 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date of this dividend is Monday, August 31st.
View Flagstar Bancorp's dividend history.

Flagstar Bancorp announced that its Board of Directors has authorized a share buyback program on Wednesday, January 30th 2019, which authorizes the company to buyback $50,000,000.00 in outstanding 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 a sign that the company's management believes its stock is undervalued.

4 equities research analysts have issued twelve-month price targets for Flagstar Bancorp's stock. Their forecasts range from $35.00 to $41.00. On average, they anticipate Flagstar Bancorp's stock price to reach $38.75 in the next year. This suggests a possible upside of 21.9% from the stock's current price.
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Flagstar Bancorp saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,540,000 shares, an increase of 17.6% from the August 31st total of 1,310,000 shares. Based on an average daily trading volume, of 528,800 shares, the short-interest ratio is presently 2.9 days. Approximately 3.7% of the company's stock are short sold.
View Flagstar Bancorp's Short Interest.

Some companies that are related to Flagstar Bancorp include TFS Financial (TFSL), People's United Financial (PBCT), Umpqua (UMPQ), BankUnited (BKU), Capitol Federal Financial (CFFN), Axos Financial (AX), Columbia Financial (CLBK), OceanFirst Financial (OCFC), Provident Financial Services (PFS), Brookline Bancorp (BRKL), Kearny Financial (KRNY), First Defiance Financial (FDEF), Northfield Bancorp (NFBK), NASB Financial (NASB) and Waterstone Financial (WSBF).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Flagstar Bancorp investors own include InterDigital Wireless (IDCC), Johnson & Johnson (JNJ), Bank of Hawaii (BOH), QUALCOMM (QCOM), Alibaba Group (BABA), Verizon Communications (VZ), Broadcom (AVGO), salesforce.com (CRM), Cisco Systems (CSCO) and Home Depot (HD).

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

Flagstar Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include MP Thrift Global Advisers III LLC (24.06%), Copper Rock Capital Partners LLC (0.53%), State of Alaska Department of Revenue (0.07%), Louisiana State Employees Retirement System (0.03%), Assenagon Asset Management S.A. (0.02%) and Bowling Portfolio Management LLC (0.02%). Company insiders that own Flagstar Bancorp stock include Alessandro Dinello, David J Matlin, James Ciroli, Mp Thrift Investments LP and Patrick M Mcguirk.
View institutional ownership trends for Flagstar Bancorp.

FBC stock was sold by a variety of institutional investors in the last quarter, including MP Thrift Global Advisers III LLC, Assenagon Asset Management S.A., Copper Rock Capital Partners LLC, and Bowling Portfolio Management LLC. Company insiders that have sold Flagstar Bancorp company stock in the last year include David J Matlin, and Mp Thrift Investments LP.
View insider buying and selling activity for Flagstar Bancorp.

FBC stock was acquired by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, and State of Alaska Department of Revenue. Company insiders that have bought Flagstar Bancorp stock in the last two years include Alessandro Dinello, James Ciroli, and Patrick M Mcguirk.
View insider buying and selling activity 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 $31.78.

Flagstar Bancorp has a market capitalization of $1.81 billion 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.

The official website for Flagstar Bancorp is 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]