NYSE:FBCFlagstar Bancorp Stock Price, Forecast & News

Flagstar Bancorp's stock was trading at $29.00 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FBC stock has decreased by 7.6% and is now trading at $26.81. 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 will be holding an earnings conference call on Tuesday, July 28th 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) issued 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 had revenue of $305 million for the quarter, compared to the consensus estimate of $300.37 million. Flagstar Bancorp had a return on equity of 11.85% and a net margin of 15.48%. During the same quarter in the prior year, the business earned $0.64 EPS. View Flagstar Bancorp's earnings history.

Flagstar Bancorp declared a quarterly dividend on Tuesday, April 28th. Stockholders of record on Monday, June 1st will be given a dividend of $0.05 per share on Monday, June 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date is Friday, May 29th. View Flagstar Bancorp's dividend history.

Flagstar Bancorp declared that its board has initiated a share repurchase 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 stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its shares are undervalued.

4 analysts have issued 12 month price objectives for Flagstar Bancorp's stock. Their forecasts range from $30.00 to $39.00. On average, they anticipate Flagstar Bancorp's share price to reach $33.75 in the next twelve months. This suggests a possible upside of 25.9% from the stock's current price. View analysts' price targets for Flagstar Bancorp.

News articles about FBC stock have trended neutral recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Flagstar Bancorp earned a news impact score of 0.5 on InfoTrie's scale. They also gave news coverage about the savings and loans company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Flagstar Bancorp.

Flagstar Bancorp saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,040,000 shares, a decrease of 14.0% from the May 31st total of 1,210,000 shares. Based on an average trading volume of 415,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 3.0% of the company's shares are short sold. 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 $26.81.

Flagstar Bancorp has a market capitalization of $1.52 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]