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

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

Flagstar Bancorp announced a quarterly dividend on Tuesday, January 28th. Investors of record on Monday, March 2nd will be paid a dividend of $0.05 per share on Monday, March 16th. This represents a $0.20 annualized dividend and a dividend yield of 0.60%. The ex-dividend date is Friday, February 28th. This is an increase from Flagstar Bancorp's previous quarterly dividend of $0.04. View Flagstar Bancorp's Dividend History.

Flagstar Bancorp declared that its board has approved a share repurchase program on Wednesday, January 30th 2019, which permits the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 2.9% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board believes its stock is undervalued.

Flagstar Bancorp Inc (NYSE:FBC) announced its quarterly earnings data on Tuesday, January, 28th. The savings and loans company reported $1.00 EPS for the quarter, beating the Zacks' consensus estimate of $0.95 by $0.05. The savings and loans company had revenue of $314 million for the quarter, compared to analysts' expectations of $306.93 million. Flagstar Bancorp had a return on equity of 11.79% and a net margin of 15.53%. During the same period in the previous year, the company earned $0.72 EPS. View Flagstar Bancorp's Earnings History.

Flagstar Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Flagstar Bancorp.

5 analysts have issued 12 month price objectives for Flagstar Bancorp's stock. Their forecasts range from $35.00 to $42.00. On average, they anticipate Flagstar Bancorp's stock price to reach $39.50 in the next twelve months. This suggests a possible upside of 18.4% from the stock's current price. View Analyst Price Targets for Flagstar Bancorp.

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

Media coverage about FBC stock has been trending extremely negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Flagstar Bancorp earned a daily sentiment score of -4.2 on InfoTrie's scale. They also gave news coverage about the savings and loans company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Flagstar Bancorp.

Flagstar Bancorp saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 1,230,000 shares, an increase of 13.9% from the January 15th total of 1,080,000 shares. Based on an average daily trading volume, of 404,100 shares, the short-interest ratio is currently 3.0 days. Currently, 3.5% of the company's stock are short sold. View Flagstar Bancorp's Current Options Chain.

Some companies that are related to Flagstar Bancorp include TFS Financial (TFSL), People's United Financial (PBCT), Umpqua (UMPQ), BankUnited (BKU), Columbia Financial (CLBK), Capitol Federal Financial (CFFN), Axos Financial (AX), Provident Financial Services (PFS), Meta Financial Group (CASH), Brookline Bancorp (BRKL), OceanFirst Financial (OCFC), Kearny Financial (KRNY), Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM) and First Defiance Financial (FDEF).

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), QUALCOMM (QCOM), Bank of America (BAC), Wells Fargo & Co (WFC) and Huntington Bancshares (HBAN).

Flagstar Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include MP Thrift Global Advisers III LLC (36.45%), Bayview Asset Management LLC (1.77%), Renaissance Technologies LLC (1.75%), State Street Corp (1.69%), Principal Financial Group Inc. (1.10%) and Bank of New York Mellon Corp (0.85%). Company insiders that own Flagstar Bancorp stock include Alessandro Dinello, James Ciroli, Lee Matthew Smith, Mp Thrift Investments LP, Patrick M Mcguirk and Peter Schoels. View Institutional Ownership Trends for Flagstar Bancorp.

FBC stock was sold by a variety of institutional investors in the last quarter, including MP Thrift Global Advisers III LLC, Bayview Asset Management LLC, Stifel Financial Corp, First Trust Advisors LP, Bank of America Corp DE, Citigroup Inc., Arizona State Retirement System and Oxford Asset Management LLP. View Insider Buying and Selling for Flagstar Bancorp.

FBC stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Prudential Financial Inc., Laurion Capital Management LP, Marshall Wace LLP, Man Group plc, AQR Capital Management LLC, State Street Corp 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 for 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.

One share of FBC stock can currently be purchased for approximately $33.37.

Flagstar Bancorp has a market capitalization of $1.89 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 3,938 workers across the globe.View Additional Information About Flagstar Bancorp.

The official website for Flagstar Bancorp is http://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]