NYSE:NYCBNew York Community Bancorp Stock Price, Forecast & News

$10.05

-0.15 (-1.47 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$9.92

Now: $10.05▼

$10.17

50-Day Range

$8.88

MA: $9.91▼

$11.13

52-Week Range

$8.19

Now: $10.05▼

$13.79

Volume4.42 million shs

Average Volume3.56 million shs

Market Capitalization$4.66 billion

P/E Ratio12.88

Dividend Yield6.67%

Beta0.96

New York Community Bancorp, Inc. operates as a bank holding company for New York Community Bank that provides banking products and services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The company offers various deposit products, including interest-bearing checking and money market, savings, non-interest-bearing, and individual retirement accounts, as well as certificates of deposit. It also provides multi-family loans; commercial real estate loans; specialty finance loans and leases, and other commercial and industrial loans; acquisition, development, and construction loans; one-to-four family loans; and consumer loans. In addition, the company offers annuities, life and long-term care insurance products, and mutual funds; cash management products; and online, mobile, and phone banking services. It primarily serves individuals, small and mid-size businesses, and professional associations through a network of 252 community bank branches and 277 ATM locations. The company was formerly known as Queens County Bancorp, Inc. and changed its name to New York Community Bancorp, Inc. in November 2000. New York Community Bancorp, Inc. was founded in 1859 and is headquartered in Westbury, New York.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
New York Community Bancorp has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 5 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $11.95, New York Community Bancorp has a potential upside of 18.9% from its current price of $10.05.
Amount of Analyst Coverage
New York Community Bancorp has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0 Community Rank

Outperform Votes
New York Community Bancorp has received 334 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
New York Community Bancorp has received 499 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
New York Community Bancorp has received 59.90% “underperform” votes from our community.

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

2.5 Dividend Strength

Dividend Leadership
New York Community Bancorp is a leading dividend payer. It pays a dividend yield of 6.67%, 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 88.31 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, New York Community Bancorp will have a dividend payout ratio of 67.33 % next year. This indicates that New York Community Bancorp will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, New York Community Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $49,440.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 3.31% of the stock of New York Community Bancorp is held by insiders.
Percentage Held by Institutions
62.02% 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.

3.1 Earnings and Valuation

Earnings Growth
Earnings for New York Community Bancorp are expected to grow by 23.17% in the coming year, from $0.82 to $1.01 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of New York Community Bancorp is 12.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.88.
Price to Earnings Ratio vs. Sector
The P/E ratio of New York Community Bancorp is 12.88, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.60.
Price to Earnings Growth Ratio
New York Community Bancorp has a PEG Ratio of 1.24. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
New York Community Bancorp has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.96 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Savings institutions, except federal

Sub-IndustryThrifts & Mortgage Finance

SectorFinance

Current SymbolNYSE:NYCB

Previous SymbolNYSE:NYB

CUSIP64944510

CIK910073

Webwww.mynycb.com

Phone516-683-4100

Debt

Debt-to-Equity Ratio2.48

Current Ratio1.36

Quick Ratio1.36

Price-To-Earnings

Trailing P/E Ratio12.88

Forward P/E Ratio12.26

P/E Growth1.24

Sales & Book Value

Annual Sales$1.89 billion

Price / Sales2.47

Cash Flow$0.91 per share

Price / Cash Flow11.08

Book Value$13.22 per share

Price / Book0.76

Profitability

EPS (Most Recent Fiscal Year)$0.77

Net Income$395.04 million

Net Margins20.76%

Return on Equity6.31%

Return on Assets0.73%

Miscellaneous

Employees2,786

Outstanding Shares463,940,000

Market Cap$4.66 billion

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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New York Community Bancorp (NYSE:NYCB) Frequently Asked Questions

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

New York Community Bancorp's stock was trading at $10.26 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NYCB shares have decreased by 2.0% and is now trading at $10.05. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of New York Community Bancorp?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New York Community Bancorp in the last year. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for New York Community Bancorp.

When is New York Community Bancorp's next earnings date?

New York Community Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for New York Community Bancorp.

How were New York Community Bancorp's earnings last quarter?

New York Community Bancorp, Inc. (NYSE:NYCB) posted its quarterly earnings data on Wednesday, April, 29th. The financial services provider reported $0.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.04. The financial services provider earned $261.37 million during the quarter, compared to analysts' expectations of $265.43 million. New York Community Bancorp had a return on equity of 6.31% and a net margin of 20.76%. The firm's revenue was down 1.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.19 earnings per share. View New York Community Bancorp's earnings history.

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 Thursday, April 30th. Investors of record on Saturday, May 9th will be paid a dividend of $0.17 per share on Tuesday, May 19th. This represents a $0.68 annualized dividend and a yield of 6.77%. The ex-dividend date of this dividend is Thursday, May 7th. View New York Community Bancorp's dividend history.

What price target have analysts set for NYCB?

11 Wall Street analysts have issued 1 year price objectives for New York Community Bancorp's stock. Their forecasts range from $10.50 to $14.00. On average, they anticipate New York Community Bancorp's share price to reach $11.95 in the next twelve months. This suggests a possible upside of 18.9% from the stock's current price. View analysts' price targets for New York Community Bancorp.

Has New York Community Bancorp been receiving favorable news coverage?

Media headlines about NYCB stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. New York Community Bancorp earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the company's share price in the next several days. View the latest news aboutNew York Community Bancorp.

Who are some of New York Community Bancorp's key competitors?

Some companies that are related to New York Community Bancorp include People's United Financial (PBCT), TFS Financial (TFSL), Lendingtree (TREE), Radian Group (RDN), MGIC Investment (MTG), Washington Federal (WAFD), Capitol Federal Financial (CFFN), Simply Good Foods (SMPL), WSFS Financial (WSFS), EverBank Financial (EVER), Northwest Bancshares (NWBI), Walker & Dunlop (WD), OceanFirst Financial (OCFC), Provident Financial Services (PFS) and Oritani Financial (ORIT). View all competitors.

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), Bank of America (BAC), General Electric (GE), Bristol-Myers Squibb (BMY), ANNALY CAP MGMT/SH (NLY), Verizon Communications (VZ), Ford Motor (F), Two Harbors Investment (TWO) and Altria Group (MO).

Who are New York Community Bancorp's key executives?

New York Community Bancorp's management team includes the following people:

Mr. Joseph R. Ficalora, Pres, CEO & Director (Age 72)
Mr. Thomas Robert Cangemi CPA, Sr. EVP & CFO (Age 50)
Mr. Robert Wann, Sr. EVP, COO & Director (Age 64)
Mr. John J. Pinto CPA, Exec. VP & Chief Accounting Officer (Age 48)
Mr. James J. Carpenter, Chief Lending Officer & Sr. EVP (Age 58)

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 investors include State Street Corp (2.97%), Bank of New York Mellon Corp (1.50%), Geode Capital Management LLC (1.29%), Mondrian Investment Partners LTD (1.13%), Kahn Brothers Group Inc. DE (1.12%) and Russell Investments Group Ltd. (1.07%). Company insiders that own New York Community Bancorp stock include Dominick Ciampa, Hanif Dahya and Lawrence J Savarese. View institutional ownership trends for New York Community Bancorp.

Which institutional investors are selling New York Community Bancorp stock?

NYCB stock was sold by a variety of institutional investors in the last quarter, including Bessemer Group Inc., MERIAN GLOBAL INVESTORS UK Ltd, Principal Financial Group Inc., Invesco Ltd., General American Investors Co. Inc., Highlander Capital Management LLC, Two Sigma Investments LP, and Ensign Peak Advisors Inc. View insider buying and selling activity for New York Community Bancorp.

Which institutional investors are buying New York Community Bancorp stock?

NYCB stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Russell Investments Group Ltd., Geode Capital Management LLC, Janus Henderson Group PLC, KBC Group NV, Employees Retirement System of Texas, Connor Clark & Lunn Investment Management Ltd., and Parametric Portfolio Associates LLC. Company insiders that have bought New York Community Bancorp stock in the last two years include Dominick Ciampa, Hanif Dahya, and Lawrence J Savarese. View insider buying and selling activity for New York Community Bancorp.

How do I buy shares of New York Community Bancorp?

Shares of NYCB 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 New York Community Bancorp's stock price today?

One share of NYCB stock can currently be purchased for approximately $10.05.

How big of a company is New York Community Bancorp?

New York Community Bancorp has a market capitalization of $4.66 billion and generates $1.89 billion in revenue each year. The financial services provider earns $395.04 million in net income (profit) each year or $0.77 on an earnings per share basis. New York Community Bancorp employs 2,786 workers across the globe.

What is New York Community Bancorp's official website?

The official website for New York Community Bancorp is www.mynycb.com.

How can I contact New York Community Bancorp?

New York Community Bancorp's mailing address is 615 MERRICK AVENUE, WESTBURY NY, 11590. The financial services provider can be reached via phone at 516-683-4100 or via email at [email protected]

This page was last updated on 5/30/2020 by MarketBeat.com Staff