About Flagstar Bancorp (NYSE:FBC)
Flagstar Bancorp, Inc. is a savings and loan holding company. The Company's business is primarily conducted through its principal subsidiary, Flagstar Bank, FSB. It operates through four segments: Community Banking, Mortgage Originations, Mortgage Servicing, and Other. Through Mortgage Originations segment, it originates, acquires and sells one- to four-family residential mortgage loans. The Mortgage Servicing segment includes services and subservices mortgage loans, on a fee basis, for others. The Community Banking segment originates loans, provides deposits and fee based services to consumer, business and mortgage lending customers through its Branch Banking, Business and Commercial Banking, Government Banking, Warehouse Lending and Held-for-Investment Portfolio groups. It offers checking accounts, savings accounts, money market accounts, certificates of deposit and others. Other financial services include lines of credit, revolving credit, inventory and accounts receivable.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks
- Sub-Industry: N/A
- Symbol: NYSE:FBC
- CUSIP: N/A
- Web: www.flagstar.com
- Market Cap: $2.09213 billion
- Outstanding Shares: 57,161,000
- 50 Day Moving Avg: $34.58
- 200 Day Moving Avg: $31.41
- 52 Week Range: $25.06 - $36.83
Sales & Book Value:
- Trailing P/E Ratio: 14.03
- Foreward P/E Ratio: 13.61
- P/E Growth: 7.66
- Annual Revenue: $783 million
- Price / Sales: 2.67
- Book Value: $24.63 per share
- Price / Book: 1.49
- Net Margins: 16.52%
- Return on Equity: 10.15%
- Return on Assets: 0.92%
- Debt-to-Equity Ratio: 3.81%
- Current Ratio: 1.33%
- Quick Ratio: 0.78%
- Average Volume: 143,018 shs.
- Beta: 0.83
- Short Ratio: 4.06
Frequently Asked Questions for Flagstar Bancorp (NYSE:FBC)
What is Flagstar Bancorp's stock symbol?
Flagstar Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "FBC."
How were Flagstar Bancorp's earnings last quarter?
Flagstar Bancorp, Inc. (NYSE:FBC) posted its quarterly earnings results on Tuesday, July, 25th. The company reported $0.71 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.62 by $0.09. The company had revenue of $97 million for the quarter, compared to the consensus estimate of $87.95 million. Flagstar Bancorp had a net margin of 16.52% and a return on equity of 10.15%. Flagstar Bancorp's revenue was up 26.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.66 earnings per share. View Flagstar Bancorp's Earnings History.
When will Flagstar Bancorp make its next earnings announcement?
Where is Flagstar Bancorp's stock going? Where will Flagstar Bancorp's stock price be in 2017?
6 brokerages have issued twelve-month target prices for Flagstar Bancorp's shares. Their predictions range from $35.00 to $40.00. On average, they expect Flagstar Bancorp's share price to reach $36.50 in the next twelve months. View Analyst Ratings for Flagstar Bancorp.
Are investors shorting Flagstar Bancorp?
Flagstar Bancorp saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 1,332,508 shares, an increase of 72.9% from the September 15th total of 770,760 shares. Based on an average trading volume of 154,268 shares, the days-to-cover ratio is presently 8.6 days. Currently, 6.3% of the shares of the stock are sold short.
Who are some of Flagstar Bancorp's key competitors?
Some companies that are related to Flagstar Bancorp include United Bankshares (UBSI), BBVA Banco Frances S.A. (BFR), Popular (BPOP), Ita? CorpBanca (ITCB), Grupo Aval Acciones y Valores S.A. (AVAL), Valley National Bancorp (VLY), Washington Federal (WAFD), TCF Financial Corporation (TCF), BancorpSouth (BXS), TCF Financial (TCF), Metro Bank PLC (MTRO), Glacier Bancorp (GBCI), Community Bank System (CBU), Cybg Plc (CYBG), International Bancshares Corporation (IBOC), CVB Financial Corporation (CVBF), Old National Bancorp (ONB) and First Midwest Bancorp (FMBI).
Who are Flagstar Bancorp's key executives?
Flagstar Bancorp's management team includes the folowing people:
- Alessandro P. DiNello, President, Independent Chief Executive officer of the Board of the Company and Bank
- James K. Ciroli, Chief Financial Officer, Executive Vice President
- Stephen V. Figliuolo, Executive Vice President, Chief Risk Officer
- Patrick M. McGuirk, Executive Vice President, General Counsel
- Andrew W. Ottaway, Executive Vice President and Managing Director of Lending of the Bank
- Lee Matthew Smith, Executive Vice-President, Chief Operating Officer of the Bank
- John D. Lewis, Non-Executive Independent Chairman of the Board
- David J. Matlin, Director
- Bruce E. Nyberg, Director
- Peter Schoels, Director
How do I buy Flagstar Bancorp stock?
Shares of Flagstar Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Flagstar Bancorp's stock price today?
MarketBeat Community Rating for Flagstar Bancorp (NYSE FBC)MarketBeat's community ratings are surveys of what our community members think about Flagstar Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Flagstar Bancorp stock can currently be purchased for approximately $36.60.
Consensus Ratings for Flagstar Bancorp (NYSE:FBC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 5 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.83)|
|Consensus Price Target: ||$36.50 (0.27% downside)|Consensus Price Target History for Flagstar Bancorp (NYSE:FBC)
Analysts' Ratings History for Flagstar Bancorp (NYSE:FBC)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/19/2017||Piper Jaffray Companies||Reiterated Rating||Buy||$40.00||N/A|
|8/31/2017||Raymond James Financial, Inc.||Initiated Coverage||Outperform -> Outperform||$36.00||High|
|7/26/2017||FBR & Co||Reiterated Rating||Outperform||$32.00 -> $35.00||Low|
|6/13/2017||Boenning Scattergood||Reiterated Rating||Buy||Low|
|4/26/2017||Wedbush||Upgrade||Neutral -> Outperform||$35.00||High|
|3/23/2017||Stephens||Initiated Coverage||Equal Weight||High|
|10/12/2016||Keefe, Bruyette & Woods||Reiterated Rating||Market Perform||N/A|
|9/23/2016||Sandler O'Neill||Downgrade||Buy -> Hold||N/A|
|5/5/2016||Compass Point||Boost Price Target||Neutral||$23.00 -> $25.00||N/A|
|3/1/2016||Sterne Agee CRT||Initiated Coverage||Buy||$24.00||N/A|
|1/26/2016||BTIG Research||Reiterated Rating||Hold||N/A|
Earnings History for Flagstar Bancorp (NYSE:FBC)Earnings History by Quarter for Flagstar Bancorp (NYSE FBC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017||Q2 2017||$0.62||$0.71||$87.95 million||$97.00 million||View||N/A|
|4/25/2017||Q1 17||$0.36||$0.46||$172.90 million||$183.00 million||View||N/A|
|1/24/2017||Q416||$0.55||$0.49||$80.87 million||$87.00 million||View||N/A|
|10/25/2016||Q316||$0.64||$0.69||$209.20 million||$236.00 million||View||Listen|
|7/26/2016||Q216||$0.56||$0.66||$208.00 million||$205.00 million||View||Listen|
|4/26/2016||Q116||$0.36||$0.54||$186.00 million||$184.00 million||View||Listen|
|1/26/2016||Q415||$0.45||$0.44||$179.00 million||$173.00 million||View||Listen|
|10/27/2015||Q315||$0.35||$0.69||$181.00 million||$201.00 million||View||Listen|
|7/28/2015||Q215||$0.35||$0.68||$181.00 million||$199.50 million||View||Listen|
|4/28/2015||Q115||$0.14||$0.43||$180.00 million||$183.20 million||View||Listen|
|1/22/2015||Q414||$0.15||$0.07||$162.00 million||$159.74 million||View||Listen|
|10/21/2014||Q314||$0.11||($0.61)||$171.00 million||$149.55 million||View||Listen|
|7/22/2014||Q214||$0.22||$0.33||$181.00 million||$164.91 million||View||Listen|
|4/22/2014||Q114||$0.17||($1.51)||$174.00 million||$133.15 million||View||Listen|
|10/23/2013||Q313||$0.29||$0.16||$50.33 million||$42.70 million||View||Listen|
|4/23/2013||Q1 2013||$1.01||$0.33||$70.50 million||View||Listen|
|1/23/2013||Q4 2012||$0.82||$1.12||$72.28 million||View||Listen|
Earnings Estimates for Flagstar Bancorp (NYSE:FBC)
2017 EPS Consensus Estimate: $2.18
2018 EPS Consensus Estimate: $2.65
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Flagstar Bancorp (NYSE:FBC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Flagstar Bancorp (NYSE:FBC)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Flagstar Bancorp (NYSE:FBC)
Latest Headlines for Flagstar Bancorp (NYSE:FBC)
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Flagstar Bancorp (FBC) Chart for Sunday, October, 22, 2017