NYSE:FBC - Flagstar Bancorp Stock Price, News, & Analysis

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$32.66 +0.10 (+0.31 %)
(As of 02/22/2019 03:26 PM ET)
Previous Close$32.56
Today's Range$32.51 - $32.81
52-Week Range$25.30 - $38.00
Volume113,051 shs
Average Volume439,500 shs
Market Capitalization$1.88 billion
P/E Ratio10.81
Dividend YieldN/A
Beta1.2
Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial, small business, 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 home loan and national call centers, Internet and unaffiliated banks, mortgage banking, and brokerage companies. 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 January 23, 2018, the company provided banking services through 99 branches in Michigan; and home loans through a wholesale network of brokers and correspondents in 50 states, as well as 89 retail locations in 29 states. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.

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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$1.12 billion
Cash Flow$3.1525 per share
Book Value$27.24 per share

Profitability

Net Income$187 million

Miscellaneous

Employees3,525
Market Cap$1.88 billion
Next Earnings Date4/23/2019 (Estimated)
OptionableOptionable

Flagstar Bancorp (NYSE:FBC) Frequently Asked Questions

What is Flagstar Bancorp's stock symbol?

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

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

Flagstar Bancorp announced a quarterly dividend on Wednesday, January 30th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.04 per share on Friday, March 15th. This represents a $0.16 annualized dividend and a dividend yield of 0.49%. The ex-dividend date of this dividend is Thursday, February 28th. View Flagstar Bancorp's Dividend History.

How will Flagstar Bancorp's stock buyback program work?

Flagstar Bancorp declared that its board has approved a share repurchase 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 buy up to 2.9% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

How were Flagstar Bancorp's earnings last quarter?

Flagstar Bancorp Inc (NYSE:FBC) posted its quarterly earnings results on Tuesday, January, 22nd. The savings and loans company reported $0.72 EPS for the quarter, hitting analysts' consensus estimates of $0.72. The savings and loans company earned $250 million during the quarter, compared to analysts' expectations of $235.82 million. Flagstar Bancorp had a net margin of 16.67% and a return on equity of 11.75%. During the same period last year, the company posted $0.60 earnings per share. View Flagstar Bancorp's Earnings History.

When is Flagstar Bancorp's next earnings date?

Flagstar Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Flagstar Bancorp.

What price target have analysts set for FBC?

7 equities research analysts have issued 12 month price targets for Flagstar Bancorp's stock. Their forecasts range from $32.00 to $44.00. On average, they anticipate Flagstar Bancorp's share price to reach $39.25 in the next twelve months. This suggests a possible upside of 20.2% from the stock's current price. View Analyst Price Targets for Flagstar Bancorp.

What is the consensus analysts' recommendation for Flagstar Bancorp?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flagstar Bancorp in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Flagstar Bancorp.

What are Wall Street analysts saying about Flagstar Bancorp stock?

Here are some recent quotes from research analysts about Flagstar Bancorp stock:
  • 1. According to Zacks Investment Research, "Flagstar Bancorp, Inc. is the holding company for Flagstar Bank, FSB, a federally chartered stock savings bank. Through its retail banking centers and e-commerce distribution channels, Flagstar attracts deposits from the general public. The institution utilizes these deposits, along with other funds garnered from the secondary market, to originate or acquire loans on a nationwide basis. " (2/20/2019)
  • 2. Boenning Scattergood analysts commented, "We believe that clean and consistent quarterly results from the core bank segment is the greatest catalyst for the stock. Our $41 target price is based on a weighted blend of peer multiples and a discounted acquisition analysis." (6/6/2018)

Has Flagstar Bancorp been receiving favorable news coverage?

News stories about FBC stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Flagstar Bancorp earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned media coverage about the savings and loans company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

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 United Parcel Service (UPS), Cisco Systems (CSCO), QUALCOMM (QCOM), Caterpillar (CAT), Constellation Brands (STZ), General Electric (GE), Home Depot (HD), Village Farms International (VFF), Sirius XM (SIRI) and Bank of America (BAC).

Who are Flagstar Bancorp's key executives?

Flagstar Bancorp's management team includes the folowing 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)
  • Mr. Andrew W. Ottaway, Exec. VP & Pres of Banking (Age 52)
  • Mr. Lee Matthew Smith, Exec. VP & COO Flagstar Bank (Age 44)

Who are Flagstar Bancorp's major shareholders?

Flagstar Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.61%), Dimensional Fund Advisors LP (7.74%), Bayview Asset Management LLC (2.58%), EJF Capital LLC (2.37%), Nuveen Asset Management LLC (2.20%) and Basswood Capital Management L.L.C. (1.06%). Company insiders that own Flagstar Bancorp stock include Alessandro Dinello, Lee Matthew Smith, Patrick M Mcguirk and Peter Schoels. View Institutional Ownership Trends for Flagstar Bancorp.

Which institutional investors are selling Flagstar Bancorp stock?

FBC stock was sold by a variety of institutional investors in the last quarter, including Basswood Capital Management L.L.C., Millennium Management LLC, EJF Capital LLC, D. E. Shaw & Co. Inc., Delek Group Ltd., Nuveen Asset Management LLC, Mackay Shields LLC and SG Americas Securities LLC. Company insiders that have sold Flagstar Bancorp company stock in the last year include Lee Matthew Smith and Peter Schoels. View Insider Buying and Selling for Flagstar Bancorp.

Which institutional investors are buying Flagstar Bancorp stock?

FBC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Bayview Asset Management LLC, Bank of New York Mellon Corp, Principal Financial Group Inc., Dimensional Fund Advisors LP, Legal & General Group Plc, Rhumbline Advisers and Arizona State Retirement System. 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.

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, Scottrade, Fidelity and Charles Schwab.

What is Flagstar Bancorp's stock price today?

One share of FBC stock can currently be purchased for approximately $32.66.

How big of a company is Flagstar Bancorp?

Flagstar Bancorp has a market capitalization of $1.88 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 3,525 workers across the globe.

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]


MarketBeat Community Rating for Flagstar Bancorp (NYSE FBC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  330 (Vote Outperform)
Underperform Votes:  322 (Vote Underperform)
Total Votes:  652
MarketBeat's community ratings are surveys of what our community members think about Flagstar Bancorp and other stocks. Vote "Outperform" if you believe FBC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FBC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/22/2019 by MarketBeat.com Staff

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