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

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.
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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 predict the company's stock price to reach $10.71 in the next year. This suggests a possible upside of 19.0% from the stock's current price.
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New York Community Bancorp's stock was trading at $8.60 at the start of the year. Since then, NYCB stock has increased by 4.7% and is now trading at $9.00.
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New York Community Bancorp saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 20,660,000 shares, an increase of 72.6% from the February 28th total of 11,970,000 shares. Based on an average daily trading volume, of 14,000,000 shares, the days-to-cover ratio is currently 1.5 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
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New York Community Bancorp, Inc. (NYSE:NYCB) announced its quarterly earnings results on Tuesday, January, 31st. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by $0.02. The financial services provider had revenue of $577 million for 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%.

New York Community Bancorp declared 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 dividend on an annualized basis and a yield of 7.56%. The ex-dividend date is Friday, February 3rd.
Read our dividend analysis for NYCB.

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), 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), SPDR S&P Bank ETF (KBE) and Invesco KBW Regional Banking ETF (KBWR).

New York Community Bancorp (NYSE:NYCB) pays an annual dividend of $0.68 per share and currently has a dividend yield of 7.60%. 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.

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.

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).

New York Community Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "NYCB."

New York Community Bancorp's stock is owned by a number of retail and institutional 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.
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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.
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One share of NYCB stock can currently be purchased for approximately $9.00.

New York Community Bancorp (NYSE:NYCB) has a market capitalization of $6.15 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.

The company employs 7,497 workers across the globe.

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.