About New York Community Bancorp
New York Community Bancorp, Inc. is a multi-bank holding company. The Company's operations are divided into two segments: Banking Operations and Residential Mortgage Banking. The Banking Operations segment serves consumers and businesses by offering and servicing a range of loan and deposit products and other financial services. The Residential Mortgage Banking segment originates, aggregates, sells and services one- to four-family mortgage loans. Mortgage loan products consist of agency-conforming fixed- and adjustable-rate loans and, to a lesser extent, jumbo loans, for the purpose of purchasing or refinancing one- to four-family homes. The Company's subsidiaries are New York Community Bank, a chartered savings bank with approximately 230 branches that operates through over seven local divisions, and New York Commercial Bank, a chartered commercial bank with approximately 30 branches in Manhattan, Queens, Brooklyn, Westchester County and Long Island.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Savings & Loans
- Sub-Industry: Thrifts & Mortgage Finance
- Exchange: NYSE
- Symbol: NYCB
- CUSIP: 64944510
- Previous Close: $15.19
- 50 Day Moving Average: $15.44
- 200 Day Moving Average: $15.09
- 52-Week Range: $13.74 - $17.68
- Trailing P/E Ratio: 15.04
- Foreward P/E Ratio: 15.34
- P/E Growth: 1.63
- Market Cap: $7.40B
- Outstanding Shares: 487,056,000
- Beta: 0.65
- Net Margins: 27.21%
- Return on Equity: 8.22%
- Return on Assets: 1.02%
Companies Related to New York Community Bancorp:
- Debt-to-Equity Ratio: 2.23%
- Current Ratio: 1.38%
- Quick Ratio: 1.37%
What is New York Community Bancorp's stock symbol?
New York Community Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "NYCB."
How often does New York Community Bancorp pay dividends? What is the dividend yield for New York Community Bancorp?
New York Community Bancorp declared a quarterly dividend on Wednesday, January 25th. Stockholders of record on Tuesday, February 7th will be given a dividend of $0.17 per share on Wednesday, February 22nd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.48%. The ex-dividend date of this dividend is Friday, February 3rd.
Where is New York Community Bancorp's stock going? Where will New York Community Bancorp's stock price be in 2017?
9 brokers have issued 1 year price objectives for New York Community Bancorp's stock. Their predictions range from $14.00 to $17.00. On average, they expect New York Community Bancorp's share price to reach $15.13 in the next twelve months.
When will New York Community Bancorp announce their earnings?
New York Community Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April, 18th 2017.
What are analysts saying about New York Community Bancorp stock?
Here are some recent quotes from research analysts about New York Community Bancorp stock:
FBR & Co analysts commented, "We reiterate our Underperform rating on NYCB and reduce our 12-month price target to $14, equal to 15.5x our 2018 EPS estimate. While we appreciate that NYCB has a good dividend and pristine credit, its premium valuation does not make sense given its downward earnings trajectory. To reflect both lower revenues and higher expenses, we reduce our respective 2017 and 2018 operating EPS estimates to $0.90 (from $1.00) and $0.90 (from $1.05), which implies a 12% drop in 2017 EPS (2016 EPS had already fallen 8% from 2015) and then flat earnings in 2018. This does not stack up well against an industry with improving earnings growth, given an upswing in interest rates and improving borrower sentiment. We expect NYCB’s shares to underperform until the company is able to stabilize and grow EPS." (1/26/2017)
According to Zacks Investment Research, "New York Community Bancorp, Inc. is a leading producer of multi-family loans in New York City, with an emphasis on apartment buildings that feature below-market rents. The Company has two bank subsidiaries: New York Community Bank, with 178 branches serving customers throughout Metro New York and New Jersey; and New York Commercial Bank, with 36 branches serving customers in Manhattan, Queens, Brooklyn, Long Island, and Westchester County in New York. Reflecting its growth through a series of acquisitions, the Community Bank operates through five local divisions: Queens County Savings Bank in Queens, Roslyn Savings Bank on Long Island, Richmond County Savings Bank on Staten Island, Roosevelt Savings Bank in Brooklyn, and Garden State Community Bank in New Jersey. Similarly, the Commercial Bank operates 17 of its branches under the name Atlantic Bank. " (12/14/2016)
Who owns New York Community Bancorp stock?
New York Community Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (4.52%), Barrow Hanley Mewhinney & Strauss LLC (3.85%), Renaissance Technologies LLC (1.83%), Dimensional Fund Advisors LP (0.61%), Credit Agricole S A (0.58%) and Capital Guardian Trust Co. (0.55%). Company insiders that own New York Community Bancorp stock include Dominick Ciampa and Lawrence J Savarese.
Who sold New York Community Bancorp stock? Who is selling New York Community Bancorp stock?
New York Community Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, Martingale Asset Management L P, Allianz Asset Management AG, Endeavour Capital Advisors Inc., First Republic Investment Management Inc., TCW Group Inc., Raymond James Financial Services Advisors Inc. and Capital Guardian Trust Co..
Who bought New York Community Bancorp stock? Who is buying New York Community Bancorp stock?
New York Community Bancorp's stock was bought by a variety of institutional investors in the last quarter, including Asset Management One Co. Ltd., Two Sigma Investments LP, Barrow Hanley Mewhinney & Strauss LLC, Russell Investments Group Ltd., FMR LLC, Renaissance Technologies LLC, Dimensional Fund Advisors LP and State Street Corp. Company insiders that have bought New York Community Bancorp stock in the last two years include Dominick Ciampa and Lawrence J Savarese.
How do I buy New York Community Bancorp stock?
Shares of New York Community Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of New York Community Bancorp stock cost?
One share of New York Community Bancorp stock can currently be purchased for approximately $15.19.