NYSE:FBCFlagstar Bancorp Stock Price, Forecast & News

$27.75

-0.23 (-0.82 %)

(As of 05/26/2020 12:52 PM ET)

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Today's Range

$27.70

Now: $27.75▼

$28.28

50-Day Range

$17.30

MA: $23.58▼

$27.48

52-Week Range

$16.76

Now: $27.75▼

$40.00

Volume9,945 shs

Average Volume431,055 shs

Market Capitalization$1.57 billion

P/E Ratio6.99

Dividend Yield0.75%

Beta1.7

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.

Beat the Market (BTM) Rank^™

2.5 Analyst's Opinion

Consensus Rating
Flagstar Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $33.75, Flagstar Bancorp has a potential upside of 21.6% from its current price of $27.75.
Amount of Analyst Coverage
Flagstar Bancorp has only been the subject of 4 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Flagstar Bancorp has received 397 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Flagstar Bancorp has received 406 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Flagstar Bancorp has received 50.56% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Flagstar Bancorp and other stocks. Vote “Outperform” if you believe FBC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FBC will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Flagstar Bancorp is a leading dividend payer. It pays a dividend yield of 0.75%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Flagstar Bancorp does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Flagstar Bancorp is 5.78 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Flagstar Bancorp will have a dividend payout ratio of 7.22 % next year. This indicates that Flagstar Bancorp will be able to sustain or increase its dividend.

5.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Flagstar Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $49,620.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
49.90% of the stock of Flagstar Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
96.60% of the stock of Flagstar Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Flagstar Bancorp are expected to decrease by -14.51% in the coming year, from $3.24 to $2.77 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Flagstar Bancorp is 6.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.91.
Price to Earnings Ratio vs. Sector
The P/E ratio of Flagstar Bancorp is 6.99, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 15.84.
Price to Book Value per Share Ratio
Flagstar Bancorp has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.04 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Federal savings institutions

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:FBC

Previous Symbol

CUSIPN/A

CIK1033012

Webwww.flagstar.com

Phone248-312-2000

Debt

Debt-to-Equity Ratio3.98

Current Ratio1.32

Quick Ratio1.00

Price-To-Earnings

Trailing P/E Ratio6.99

Forward P/E Ratio8.56

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.40 billion

Price / Sales1.12

Cash Flow$4.96 per share

Price / Cash Flow5.60

Book Value$31.64 per share

Price / Book0.88

Profitability

EPS (Most Recent Fiscal Year)$3.46

Net Income$218 million

Net Margins15.48%

Return on Equity11.85%

Return on Assets0.90%

Miscellaneous

Employees4,453

Outstanding Shares56,730,000

Market Cap$1.57 billion

Next Earnings Date7/28/2020 (Estimated)

OptionableOptionable

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Flagstar Bancorp (NYSE:FBC) Frequently Asked Questions

How has Flagstar Bancorp's stock been impacted by COVID-19 (Coronavirus)?

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 (WHO). Since then, FBC shares have decreased by 4.3% and is now trading at $27.75. View which stocks have been most impacted by Coronavirus.

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, July 28th 2020. View our earnings forecast for Flagstar Bancorp.

How were Flagstar Bancorp's earnings last quarter?

Flagstar Bancorp Inc (NYSE:FBC) posted its earnings results on Tuesday, April, 28th. The savings and loans company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.77 by $0.03. The savings and loans company earned $305 million during 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 last year, the business earned $0.64 EPS. View Flagstar Bancorp's earnings history.

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

Flagstar Bancorp declared a quarterly dividend on Tuesday, April 28th. Stockholders of record on Monday, June 1st will be paid a dividend of $0.05 per share on Monday, June 15th. This represents a $0.20 annualized dividend and a yield of 0.72%. The ex-dividend date is Friday, May 29th. View Flagstar Bancorp's dividend history.

How will Flagstar Bancorp's stock buyback program work?

Flagstar Bancorp announced that its Board of Directors has approved a stock 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 reacquire up to 2.9% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.

What price target have analysts set for FBC?

4 brokerages have issued twelve-month price targets for Flagstar Bancorp's shares. 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 21.6% from the stock's current price. View analysts' price targets for Flagstar Bancorp.

Has Flagstar Bancorp been receiving favorable news coverage?

Press coverage about FBC stock has trended extremely negative recently, InfoTrie reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Flagstar Bancorp earned a coverage optimism score of -5.0 on InfoTrie's scale. They also gave media stories 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 near future. View the latest news aboutFlagstar Bancorp.

Are investors shorting Flagstar Bancorp?

Flagstar Bancorp saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,330,000 shares, an increase of 39.8% from the April 30th total of 951,600 shares. Based on an average trading volume of 374,200 shares, the days-to-cover ratio is presently 3.6 days. Currently, 3.8% of the shares of the stock are short sold. View Flagstar Bancorp's Current Options Chain.

Who are some of Flagstar Bancorp's key competitors?

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

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 BlackRock Inc. (9.22%), Wellington Management Group LLP (3.34%), Nuveen Asset Management LLC (2.38%), State Street Corp (1.91%), Invesco Ltd. (1.44%) and Bayview Asset Management LLC (1.31%). 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.

Which major investors are selling Flagstar Bancorp stock?

FBC stock was sold by a variety of institutional investors in the last quarter, including Bayview Asset Management LLC, BlackRock Inc., Grantham Mayo Van Otterloo & Co. LLC, Morgan Stanley, KBC Group NV, WINTON GROUP Ltd, AJO LP, and Voloridge Investment Management LLC. View insider buying and selling activity for Flagstar Bancorp.

Which major investors are buying Flagstar Bancorp stock?

FBC stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Victory Capital Management Inc., Victory Capital Management Inc., Basswood Capital Management L.L.C., State Street Corp, Alliancebernstein L.P., Acadian Asset Management LLC, and Ziegler Capital Management LLC. 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 $27.75.

How big of a company is Flagstar Bancorp?

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.

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 5/26/2020 by MarketBeat.com Staff