NYSE:FBCFlagstar Bancorp Stock Price, Forecast & News

Flagstar Bancorp's stock was trading at $29.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FBC shares have increased by 5.7% and is now trading at $30.64.
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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."
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Flagstar Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020.
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Flagstar Bancorp Inc (NYSE:FBC) released its quarterly earnings data on Tuesday, July, 28th. The savings and loans company reported $2.03 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.38 by $0.65. The savings and loans company earned $168 million during the quarter, compared to the consensus estimate of $146.17 million. Flagstar Bancorp had a net margin of 16.78% and a return on equity of 15.43%. The company's revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.71 EPS.
View Flagstar Bancorp's earnings history.

Flagstar Bancorp declared 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 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date is Monday, August 31st.
View Flagstar Bancorp's dividend history.

Flagstar Bancorp declared that its Board of Directors has approved a stock buyback plan on Wednesday, January 30th 2019, which authorizes the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 2.9% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are undervalued.

4 analysts have issued 12-month target prices for Flagstar Bancorp's stock. 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 twelve months. This suggests a possible upside of 26.5% from the stock's current price.
View analysts' price targets for Flagstar Bancorp.

Media stories about FBC stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog 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 news impact score of -1.0 on InfoTrie's scale. They also assigned news headlines about the savings and loans company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the next few days.
View the latest news about Flagstar Bancorp.

Flagstar Bancorp saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,060,000 shares, an increase of 6.1% from the June 30th total of 999,200 shares. Based on an average daily volume of 327,500 shares, the short-interest ratio is presently 3.2 days. Currently, 3.0% of the shares of the company are short sold.
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Some companies that are related to Flagstar Bancorp include People's United Financial (PBCT), TFS Financial (TFSL), Umpqua (UMPQ), BankUnited (BKU), Capitol Federal Financial (CFFN), Columbia Financial (CLBK), 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).
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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."

Flagstar Bancorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Copper Rock Capital Partners LLC (15.06%), Mackay Shields LLC (0.18%), Assenagon Asset Management S.A. (0.17%), Denali Advisors LLC (0.14%), Chartwell Investment Partners LLC (0.10%) and Ziegler Capital Management LLC (0.09%). Company insiders that own Flagstar Bancorp stock include Alessandro Dinello, James Ciroli, Lee Matthew Smith, Mp Thrift Investments LP and Patrick M Mcguirk.
View institutional ownership trends for Flagstar Bancorp.

FBC stock was sold by a variety of institutional investors in the last quarter, including Dupont Capital Management Corp, First Trust Advisors LP, Ziegler Capital Management LLC, Bowling Portfolio Management LLC, Hancock Whitney Corp, Chartwell Investment Partners LLC, and Texas Permanent School Fund.
View insider buying and selling activity for Flagstar Bancorp.

FBC stock was bought by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Assenagon Asset Management S.A., Denali Advisors LLC, SG Americas Securities LLC, Louisiana State Employees Retirement System, Sigma Planning Corp, Arizona State Retirement System, and Comerica Bank. 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.

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 $30.64.

Flagstar Bancorp has a market capitalization of $1.74 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]