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NYSE:FBC

Flagstar Bancorp Stock Forecast, Price & News

$29.11
+0.62 (+2.18 %)
(As of 09/25/2020 12:00 AM ET)
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Today's Range
$28.20
Now: $29.11
$29.27
50-Day Range
$28.15
MA: $30.95
$32.83
52-Week Range
$16.76
Now: $29.11
$40.00
Volume273,108 shs
Average Volume407,155 shs
Market Capitalization$1.66 billion
P/E Ratio5.89
Dividend Yield0.70%
Beta1.71
Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial 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 mortgage branches, call centers, the Internet, and third party counterparties. 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 December 31, 2018, the company provided banking services through 160 full service banking branches; and home loans through a wholesale network of brokers and correspondents in 50 states, as well as 75 retail locations in 24 states. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.11 out of 5 stars


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$1.40 billion
Cash Flow$4.33 per share
Book Value$31.64 per share

Profitability

Net Income$218 million

Miscellaneous

Employees4,453
Market Cap$1.66 billion
Next Earnings Date10/27/2020 (Estimated)
OptionableOptionable
$29.11
+0.62 (+2.18 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Flagstar Bancorp (NYSE:FBC) Frequently Asked Questions

How has Flagstar Bancorp's stock price been impacted by Coronavirus?

Flagstar Bancorp's stock was trading at $29.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FBC stock has increased by 0.4% and is now trading at $29.11.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Flagstar Bancorp?

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."
View analyst ratings for Flagstar Bancorp
.

When is Flagstar Bancorp's next earnings date?

Flagstar Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020.
View our earnings forecast for Flagstar Bancorp
.

How were Flagstar Bancorp's earnings last quarter?

Flagstar Bancorp Inc (NYSE:FBC) released 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 consensus estimate of $1.38 by $0.65. The savings and loans company earned $168 million during the quarter, compared to analysts' expectations of $146.17 million. Flagstar Bancorp had a net margin of 16.78% and a return on equity of 15.43%. The business's revenue for the quarter was up 13.5% on a year-over-year basis. During the same period last year, the business earned $0.71 EPS.
View Flagstar Bancorp's earnings history
.

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

Flagstar Bancorp announced a quarterly dividend on Tuesday, July 28th. Investors 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 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend is Monday, August 31st.
View Flagstar Bancorp's dividend history
.

How will Flagstar Bancorp's stock buyback program work?

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

What price target have analysts set for FBC?

4 equities research analysts have issued 12 month price objectives for Flagstar Bancorp's shares. Their forecasts range from $35.00 to $41.00. On average, they anticipate Flagstar Bancorp's share price to reach $38.75 in the next year. This suggests a possible upside of 33.1% from the stock's current price.
View analysts' price targets for Flagstar Bancorp
.

Are investors shorting Flagstar Bancorp?

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 trading volume of 528,800 shares, the days-to-cover ratio is currently 2.9 days. Currently, 3.7% of the company's stock are short sold.
View Flagstar Bancorp's Short Interest
.

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 InterDigital Wireless (IDCC), Johnson & Johnson (JNJ), Bank of Hawaii (BOH), QUALCOMM (QCOM), Verizon Communications (VZ), AbbVie (ABBV), Broadcom (AVGO), Alibaba Group (BABA), salesforce.com (CRM) and Cisco Systems (CSCO).

Who are Flagstar Bancorp's key executives?

Flagstar Bancorp's management team includes the following 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)
  • Ms. Kristy Williams Fercho, Exec. VP & Pres of Mortgage of Bank (Age 53)
  • Mr. Lee Matthew Smith, Exec. VP & COO of Flagstar Bank (Age 44)

What is Flagstar Bancorp's stock symbol?

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

Who are Flagstar Bancorp's major shareholders?

Flagstar Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include Copper Rock Capital Partners LLC (15.06%), Vanguard Group Inc. (6.24%), Nuveen Asset Management LLC (2.24%), Point72 Asset Management L.P. (1.25%), Grantham Mayo Van Otterloo & Co. LLC (1.10%) and Principal Financial Group Inc. (1.02%). 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
.

Which institutional investors are selling Flagstar Bancorp stock?

FBC stock was sold by a variety of institutional investors in the last quarter, including AJO LP, Goldman Sachs Group Inc., Prudential Financial Inc., WINTON GROUP Ltd, Marshall Wace LLP, Vanguard Group Inc., Grantham Mayo Van Otterloo & Co. LLC, and Nuveen Asset 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
.

Which institutional investors are buying Flagstar Bancorp stock?

FBC stock was purchased by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Point72 Asset Management L.P., Copper Rock Capital Partners LLC, Balyasny Asset Management LLC, Assenagon Asset Management S.A., Cubist Systematic Strategies LLC, Seizert Capital Partners LLC, and Charles Schwab Investment Management Inc.. 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
.

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, Robinhood, Fidelity, and Charles Schwab.

What is Flagstar Bancorp's stock price today?

One share of FBC stock can currently be purchased for approximately $29.11.

How big of a company is Flagstar Bancorp?

Flagstar Bancorp has a market capitalization of $1.66 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.

What is Flagstar Bancorp's official website?

The official website for Flagstar Bancorp is 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]

This page was last updated on 9/26/2020 by MarketBeat.com Staff

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