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NYSE:FBCFlagstar Bancorp Stock Price, Forecast & News

$29.30
-0.18 (-0.61 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$28.56
Now: $29.30
$29.59
50-Day Range
$19.29
MA: $24.37
$31.07
52-Week Range
$16.76
Now: $29.30
$40.00
Volume352,457 shs
Average Volume339,262 shs
Market Capitalization$1.66 billion
P/E Ratio7.38
Dividend Yield0.68%
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 5.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.04 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$4.72 per share
Book Value$32.47 per share

Profitability

Net Income$218 million

Miscellaneous

Employees4,453
Market Cap$1.66 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 Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FBC shares have increased by 1.0% and is now trading at $29.30. 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) announced its quarterly earnings data on Tuesday, April, 28th. The savings and loans company reported $0.80 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.77 by $0.03. The savings and loans company had revenue of $305 million for the quarter, compared to analyst estimates of $300.37 million. Flagstar Bancorp had a net margin of 15.48% and a return on equity of 11.85%. During the same quarter last year, the business posted $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 announced a quarterly dividend on Tuesday, April 28th. Stockholders 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 dividend on an annualized basis and a yield of 0.68%. 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 declared that its board has authorized a stock buyback program on Wednesday, January 30th 2019, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 2.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.

What price target have analysts set for FBC?

4 Wall Street analysts have issued twelve-month target prices for Flagstar Bancorp's shares. 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 twelve months. This suggests a possible upside of 15.2% 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 somewhat positive on Saturday, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog 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 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 effect on the company's share price in the next few days. View the latest news aboutFlagstar Bancorp.

Are investors shorting Flagstar Bancorp?

Flagstar Bancorp saw a increase in short interest during 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 short-interest ratio is presently 3.6 days. Approximately 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?

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 a variety of institutional and retail investors. Top institutional shareholders 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 institutional 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, Morgan Stanley, KBC Group NV, WINTON GROUP Ltd, and AJO LP. View insider buying and selling activity for Flagstar Bancorp.

Which institutional investors are buying Flagstar Bancorp stock?

FBC stock was bought 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 $29.30.

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 5/30/2020 by MarketBeat.com Staff

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