NYSE:FBCFlagstar Bancorp Stock Price, Forecast & News

Flagstar Bancorp's stock was trading at $29.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FBC stock has decreased by 4.3% and is now trading at $27.76. 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 quarterly earnings results on Tuesday, April, 28th. The savings and loans company reported $0.80 EPS for the quarter, beating the Zacks' consensus estimate of $0.77 by $0.03. The savings and loans company earned $305 million during the quarter, compared to analysts' expectations 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 previous year, the company posted $0.64 earnings per share. View Flagstar Bancorp's earnings history.

Flagstar Bancorp declared a quarterly dividend on Tuesday, April 28th. Investors 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 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend is Friday, May 29th. View Flagstar Bancorp's dividend history.

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

4 equities research analysts have issued twelve-month target prices for Flagstar Bancorp's stock. Their forecasts range from $30.00 to $39.00. On average, they anticipate Flagstar Bancorp's stock price to reach $33.75 in the next year. This suggests a possible upside of 21.6% from the stock's current price. View analysts' price targets for Flagstar Bancorp.

News headlines about FBC stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. 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 coverage optimism score of -1.5 on InfoTrie's scale. They also assigned headlines about the savings and loans company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely 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 decline in short interest during the month of June. As of June 15th, there was short interest totaling 1,040,000 shares, a decline of 14.0% from the May 31st total of 1,210,000 shares. Based on an average daily volume of 415,000 shares, the days-to-cover ratio is presently 2.5 days. Approximately 3.0% of the company's stock 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), Kearny Financial (KRNY), First Defiance Financial (FDEF), 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."

Flagstar Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Louisiana State Employees Retirement System (0.02%). 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 purchased by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. 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 $27.76.

Flagstar Bancorp has a market capitalization of $1.57 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]