NYSE:NYCB

New York Community Bancorp - NYCB Stock Forecast, Price & News

$8.95

+0.34 (+3.95%)

(As of 03/24/2023 08:51 PM ET)

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Today's Range: $8.43
▼
$9.01
50-Day Range: $6.40
▼
$10.41
52-Week Range: $5.81
▼
$11.18

Volume: 18.78 million shs
Average Volume: 14.80 million shs
Market Capitalization: $6.11 billion

P/E Ratio: 7.16
Dividend Yield: 7.60%
Price Target: $10.71

Institutional Ownership

New York Community Bancorp MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.64 Rating Score
Upside/Downside: 19.6% Upside
$10.71 Price Target
Short Interest: Healthy
1.75% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.45
Upright™ Environmental Score
News Sentiment: 0.18
Based on 45 Articles This Week
Insider Trading: Acquiring Shares
$807,006 Bought Last Quarter
Proj. Earnings Growth: 11.11%
From $1.17 to $1.30 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.44 out of 5 stars

Finance Sector

8th out of 883 stocks

Savings Institutions, Except Federal Industry

1st out of 15 stocks

3.3

Analyst's Opinion

Consensus Rating
New York Community Bancorp has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $10.71, New York Community Bancorp has a forecasted upside of 19.6% from its current price of $8.95.
Amount of Analyst Coverage
New York Community Bancorp has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.75% of the outstanding shares of New York Community Bancorp have been sold short.
Short Interest Ratio / Days to Cover
New York Community Bancorp has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in New York Community Bancorp has recently increased by 11.45%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
New York Community Bancorp is a leading dividend payer. It pays a dividend yield of 7.90%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
New York Community Bancorp does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of New York Community Bancorp is 54.40%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, New York Community Bancorp will have a dividend payout ratio of 52.31% next year. This indicates that New York Community Bancorp will be able to sustain or increase its dividend.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
New York Community Bancorp has received a 31.65% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Online banking", "Wire transfer services", "Home equity loans", "Mortgages provided by brick and mortar banks", and "Debit cards" products. See details.
Environmental Sustainability
The Environmental Impact score for New York Community Bancorp is -0.45.

2.9

News and Social Media Coverage

News Sentiment
New York Community Bancorp has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.79 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 45 news articles for New York Community Bancorp this week, compared to 5 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 2 reddit mentions for New York Community Bancorp this week, compared to 0 mentions on an average week.
Search Interest
169 people have searched for NYCB on MarketBeat in the last 30 days. This is an increase of 69% compared to the previous 30 days.
MarketBeat Follows
74 people have added New York Community Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase of 469% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, New York Community Bancorp insiders have bought 1,659.64% more of their company's stock than they have sold. Specifically, they have bought $807,006.00 in company stock and sold $45,862.00 in company stock.
Percentage Held by Insiders
Only 1.58% of the stock of New York Community Bancorp is held by insiders.
Percentage Held by Institutions
63.17% of the stock of New York Community Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

4.4

Earnings and Valuation

Earnings Growth
Earnings for New York Community Bancorp are expected to grow by 11.11% in the coming year, from $1.17 to $1.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of New York Community Bancorp is 7.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of New York Community Bancorp is 7.16, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 136.85.
Price to Earnings Growth Ratio
New York Community Bancorp has a PEG Ratio of 0.76. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
New York Community Bancorp has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About New York Community Bancorp (NYSE:NYCB) Stock

New York Community Bancorp, Inc. is the bank holding company for New York Community Bank. New York Community Bank is the nation’s 47th-largest financial institution and its largest thrift. As a thrift, the bank specializes in real estate and consumer accounts specifically real estate loans and savings accounts and has limited exposure to other forms of business banking. Among the benefits to consumers are interest-bearing checking and saving accounts that come with higher-than-average interest rates.

New York Community Bank was founded in 1859 to serve Queens County, New York. It operated under that name, growing all the while, until 2000 when it changed its name to better reflect the business. The company IPOd in 1993 and has made multiple acquisitions in the time since. As of 6/30/2022, the bank had $63.1 billion in assets and $41.2 billion in deposits.

New York Community Bank operates in greater New York City, New Jersey, Ohio, Florida, and Arizona. The company provides deposit products ranging from interest-bearing checking and money market accounts to savings accounts, IRAs, and CDs. Brands under the company’s umbrella include AmTrust in Florida and Arizona, Ohio Savings Bank, Garden State Savings Bank, and Atlantic Bank.

The bank offers a wide range of real-estate-related loans including but not limited to multi-family loans, commercial real estate loans, construction loans, and consumer loans and mortgages. Investment products include annuities, mutual funds, and life insurance. Customers include individuals, small businesses, and organizations and are served through a network of more than 230 branches, and 300 ATMs, online, mobile, and by phone. Many of the locations are open 24 hours and 6 days a week although those hours are not available at all branches. Clients can access their accounts digitally 24/7.

New York Community Bancorp and its underlying business carry investment-grade credit ratings from all the major rating agencies. The credit outlook in the 4th quarter of 2022 was stable as it had been for some time. In New York, it is a leader in the multi-family market specializing in lower-cost housing in rent-controlled areas. As of June 30, 2022, the multi-family loan portfolio accounted for more than 75% of all investments. The company has a stock purchase and dividend reinvestment plan that help to sustain a high level of ownership.

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NYCB Stock News Headlines

March 6, 2023 | marketbeat.com

Go Where the Money Is. Here's 3 Top Bank Dividend Stocks to Buy

Why does a bank robber rob banks? Because that's where the money is. There are numerous choices in the world of dividend investing. From dividend aristocrats

March 25, 2023 | americanbankingnews.com

New York Community Bancorp, Inc. (NYSE:NYCB) Receives $10.50 Average PT from Brokerages

March 27, 2023 | Weiss Ratings (Ad)

Banking Nightmare

During and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America …

March 24, 2023 | msn.com

Is the Options Market Predicting a Spike in New York Community Bancorp (NYCB) Stock?

March 24, 2023 | finance.yahoo.com

Citizens Financial (CFG) Plans to bid for SVB's Private Bank

March 24, 2023 | americanbankingnews.com

New York Community Bancorp (NYSE:NYCB) PT Raised to $11.00

March 23, 2023 | finance.yahoo.com

Analysts Just Published A Bright New Outlook For New York Community Bancorp, Inc.'s (NYSE:NYCB)

March 23, 2023 | americanbankingnews.com

New York Community Bancorp, Inc. (NYSE:NYCB) to Post Q1 2023 Earnings of $0.26 Per Share, DA Davidson Forecasts

March 27, 2023 | Weiss Ratings (Ad)

Banking Nightmare

March 23, 2023 | americanbankingnews.com

UBS Group Increases New York Community Bancorp (NYSE:NYCB) Price Target to $11.50

March 23, 2023 | americanbankingnews.com

New York Community Bancorp Target of Unusually High Options Trading (NYSE:NYCB)

March 22, 2023 | msn.com

New York Community Bankcorp shares soar on Signature deal

March 22, 2023 | finance.yahoo.com

Bank stocks look to recover as investors eye Fed decision

March 22, 2023 | americanbankingnews.com

New York Community Bancorp (NYSE:NYCB) Price Target Raised to $10.50 at Morgan Stanley

March 22, 2023 | americanbankingnews.com

New York Community Bancorp (NYSE:NYCB) Coverage Initiated by Analysts at Raymond James

March 21, 2023 | msn.com

New York Community Bancorp raised to Buy at DA Davidson on Signature deal

March 21, 2023 | finance.yahoo.com

New York Community (NYCB) Buys $38B Signature Bank's Assets

March 21, 2023 | finance.yahoo.com

After Signature Bank Deal, FDIC Is Left With $11 Billion in ‘Toxic Waste’ Loans

March 21, 2023 | americanbankingnews.com

New York Community Bancorp (NYSE:NYCB) Price Target Raised to $10.50 at JPMorgan Chase & Co.

March 21, 2023 | americanbankingnews.com

New York Community Bancorp (NYSE:NYCB) Lifted to "Buy" at DA Davidson

March 21, 2023 | americanbankingnews.com

Q1 2023 EPS Estimates for New York Community Bancorp, Inc. (NYSE:NYCB) Lowered by Analyst

March 20, 2023 | nasdaq.com

New York Community Bancorp Spikes On Acquisition Of Flagstar Bank Assets

March 20, 2023 | msn.com

New York Community Bancorp to Acquire Most of Signature Bank -- Shares Are Surging

March 20, 2023 | bizjournals.com

New York Community Bank buys most of Signature Bank

March 20, 2023 | finance.yahoo.com

First Republic Stock Tanks On S&P Downgrade, Possible JPMorgan-Lead Capital Raise

March 20, 2023 | finance.yahoo.com

First Republic Bank’s stock plummets and Peloton’s stock falls while New York Community Bank shares soar, and other stocks on the move

March 20, 2023 | investorplace.com

NYCB Stock Alert: Why Is New York Community Bank Up 30% Today?

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NYCB Company Calendar

Last Earnings: 1/31/2023
Ex-Dividend for 2/16 Dividend: 2/03/2023
Dividend Payable: 2/16/2023
Today: 3/26/2023
Next Earnings (Estimated): 4/26/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Savings institutions, except federal
Sub-Industry: Thrifts & Mortgage Finance
Sector: Finance
Current Symbol: NYSE:NYCB
Previous Symbol: NYSE:NYB
CUSIP: 64944510
CIK: 910073
Web: www.mynycb.com
Phone: (516) 683-4100
Fax: 516-683-8385
Employees: 7,497
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $10.71
High Stock Price Forecast: $13.00
Low Stock Price Forecast: $8.50
Forecasted Upside/Downside: +19.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.64
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.25
Trailing P/E Ratio: 7.16
Forward P/E Ratio: 7.65
P/E Growth: 0.76
Net Income: $650 million
Net Margins: 27.79%
Pretax Margin: 35.31%
Return on Equity: 9.32%
Return on Assets: 0.92%

Debt

Debt-to-Equity Ratio: 2.56
Current Ratio: 1.22
Quick Ratio: 1.20

Sales & Book Value

Annual Sales: $2.34 billion
Price / Sales: 2.61
Cash Flow: $0.95 per share
Price / Cash Flow: 9.43
Book Value: $12.22 per share
Price / Book: 0.73

Miscellaneous

Outstanding Shares: 682,900,000
Free Float: 672,111,000
Market Cap: $6.11 billion
Optionable: Optionable
Beta: 1.06

Key Executives

Thomas Robert Cangemi
President, Chief Executive Officer & Director

Julie Signorille-Browne
Director-Operations & Executive Vice President

John J. Pinto
Chief Financial Officer & Senior Executive VP

Jennifer Charters
Chief Information Officer & Executive VP

Ross Marrazzo
Chief Compliance Officer & Executive VP

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NYCB Stock - Frequently Asked Questions

Should I buy or sell New York Community Bancorp stock right now?: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New York Community Bancorp in the last year. There are currently 5 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" NYCB shares.
View NYCB analyst ratings or view top-rated stocks.
What is New York Community Bancorp's stock price forecast for 2023?: 11 equities research analysts have issued 1 year price objectives for New York Community Bancorp's stock. Their NYCB share price forecasts range from $8.50 to $13.00. On average, they expect the company's share price to reach $10.71 in the next year. This suggests a possible upside of 19.6% from the stock's current price.
View analysts price targets for NYCB or view top-rated stocks among Wall Street analysts.
How have NYCB shares performed in 2023?: New York Community Bancorp's stock was trading at $8.60 at the beginning of the year. Since then, NYCB stock has increased by 4.1% and is now trading at $8.95.
View the best growth stocks for 2023 here.
When is New York Community Bancorp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our NYCB earnings forecast.
How were New York Community Bancorp's earnings last quarter?: New York Community Bancorp, Inc. (NYSE:NYCB) issued its earnings results on Tuesday, January, 31st. The financial services provider reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.27 by $0.02. The financial services provider earned $577 million during the quarter, compared to the consensus estimate of $410.71 million. New York Community Bancorp had a trailing twelve-month return on equity of 9.32% and a net margin of 27.79%.
How often does New York Community Bancorp pay dividends? What is the dividend yield for New York Community Bancorp?: New York Community Bancorp announced a quarterly dividend on Tuesday, January 24th. Shareholders of record on Monday, February 6th will be paid a dividend of $0.17 per share on Thursday, February 16th. This represents a $0.68 annualized dividend and a dividend yield of 7.60%. The ex-dividend date of this dividend is Friday, February 3rd.
Read our dividend analysis for NYCB.
What ETFs hold New York Community Bancorp's stock?: ETFs with the largest weight of New York Community Bancorp (NYSE:NYCB) stock in their portfolio include First Trust Nasdaq Bank ETF (FTXO), SPDR S&P Regional Banking ETF (KRE), Horizon Kinetics Blockchain Development ETF (BCDF), Sound Equity Income ETF (SDEI), WBI Power Factor High Dividend ETF (WBIY), Invesco KBW High Dividend Yield Financial ETF (KBWD), Global SuperDividend US ETF (DIV) and SPDR S&P Bank ETF (KBE).
Is New York Community Bancorp a good dividend stock?: New York Community Bancorp (NYSE:NYCB) pays an annual dividend of $0.68 per share and currently has a dividend yield of 7.90%. NYCB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 54.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NYCB will have a dividend payout ratio of 52.31% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NYCB.

What is Joseph R. Ficalora's approval rating as New York Community Bancorp's CEO?: 133 employees have rated New York Community Bancorp Chief Executive Officer Joseph R. Ficalora on Glassdoor.com. Joseph R. Ficalora has an approval rating of 48% among the company's employees. This puts Joseph R. Ficalora in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of New York Community Bancorp own?: Based on aggregate information from My MarketBeat watchlists, some companies that other New York Community Bancorp investors own include AT&T (T), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Two Harbors Investment (TWO), Bank of America (BAC), General Electric (GE), Annaly Capital Management (NLY), Coty (COTY), Ford Motor (F) and Verizon Communications (VZ).
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."
Who are New York Community Bancorp's major shareholders?: New York Community Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.67%), Geode Capital Management LLC (1.98%), Cannell & Co. (1.48%), Charles Schwab Investment Management Inc. (1.36%), Brandywine Global Investment Management LLC (1.31%) and Kahn Brothers Group Inc. (1.28%). Insiders that own company stock include James L Klein, Lawrence J Savarese, Marshall Lux, Reginald E Davis and Ronald A Rosenfeld.
View institutional ownership trends.
How do I buy shares of New York Community Bancorp?: Shares of NYCB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is New York Community Bancorp's stock price today?: One share of NYCB stock can currently be purchased for approximately $8.95.
How much money does New York Community Bancorp make?: New York Community Bancorp (NYSE:NYCB) has a market capitalization of $6.11 billion and generates $2.34 billion in revenue each year. The financial services provider earns $650 million in net income (profit) each year or $1.25 on an earnings per share basis.
How many employees does New York Community Bancorp have?: The company employs 7,497 workers across the globe.
How can I contact New York Community Bancorp?: New York Community Bancorp's mailing address is 615 MERRICK AVENUE, WESTBURY NY, 11590. The official website for the company is www.mynycb.com. The financial services provider can be reached via phone at (516) 683-4100, via email at ir@mynycb.com, or via fax at 516-683-8385.

This page (NYSE:NYCB) was last updated on 3/27/2023 by MarketBeat.com Staff

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New York Community Bancorp - NYCB Stock Forecast, Price & News

New York Community Bancorp MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Social Mentions This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About New York Community Bancorp (NYSE:NYCB) Stock

NYCB Stock News Headlines

NYCB Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

NYCB Stock - Frequently Asked Questions

Overall MarketRank^™