NYSE:FBCFlagstar Bancorp Stock Price, Forecast & News

Flagstar Bancorp's stock was trading at $29.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FBC stock has decreased by 3.2% and is now trading at $28.07. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flagstar Bancorp in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Flagstar Bancorp.

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

Flagstar Bancorp Inc (NYSE:FBC) released its earnings results on Tuesday, April, 28th. The savings and loans company reported $0.80 EPS for the quarter, topping the Zacks' consensus estimate of $0.77 by $0.03. The savings and loans company earned $305 million during the quarter, compared to analysts' expectations of $300.37 million. Flagstar Bancorp had a net margin of 15.48% and a return on equity of 11.85%. During the same period in the previous year, the business posted $0.64 EPS. View Flagstar Bancorp's earnings history.

Flagstar Bancorp announced a quarterly dividend on Tuesday, April 28th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.05 per share on Monday, June 15th. This represents a $0.20 annualized dividend and a yield of 0.71%. The ex-dividend date is Friday, May 29th. View Flagstar Bancorp's dividend history.

Flagstar Bancorp declared that its Board of Directors has authorized a share buyback plan on Wednesday, January 30th 2019, which permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 2.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

4 Wall Street analysts have issued 1-year target prices for Flagstar Bancorp's shares. Their forecasts range from $30.00 to $39.00. On average, they expect Flagstar Bancorp's stock price to reach $33.75 in the next twelve months. This suggests a possible upside of 20.2% from the stock's current price. View analysts' price targets for Flagstar Bancorp.

Media coverage about FBC stock has trended negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Flagstar Bancorp earned a news sentiment score of -2.8 on InfoTrie's scale. They also gave news coverage about the savings and loans company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the company's share price in the immediate future. View the latest news about Flagstar Bancorp.

Flagstar Bancorp saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 1,040,000 shares, a drop of 14.0% from the May 31st total of 1,210,000 shares. Based on an average trading volume of 415,000 shares, the short-interest ratio is currently 2.5 days. Currently, 3.0% of the company's shares 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), Columbia Financial (CLBK), Capitol Federal Financial (CFFN), Axos Financial (AX), OceanFirst Financial (OCFC), Provident Financial Services (PFS), Brookline Bancorp (BRKL), First Defiance Financial (FDEF), Kearny Financial (KRNY), Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM) and Waterstone Financial (WSBF). View all competitors.

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), Invesco (IVZ), QUALCOMM (QCOM), Wells Fargo & Co (WFC) and Bank of America (BAC).

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

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 $28.07.

Flagstar Bancorp has a market capitalization of $1.59 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]