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

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New York Community Bancorp in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NYCB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NYCB, but not buy additional shares or sell existing shares.
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6 equities research analysts have issued 12 month price targets for New York Community Bancorp's shares. Their NYCB share price forecasts range from $9.00 to $11.00. On average, they expect the company's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price.
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New York Community Bancorp's stock was trading at $12.21 at the beginning of 2022. Since then, NYCB stock has decreased by 29.8% and is now trading at $8.57.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 25th 2023.
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New York Community Bancorp, Inc. (NYSE:NYCB) released its quarterly earnings results on Wednesday, October, 26th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.01. The financial services provider earned $343 million during the quarter, compared to analyst estimates of $354.48 million. New York Community Bancorp had a net margin of 33.12% and a trailing twelve-month return on equity of 10.10%. New York Community Bancorp's revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the company posted $0.31 EPS.

New York Community Bancorp announced a quarterly dividend on Tuesday, October 25th. Shareholders of record on Monday, November 7th will be paid a dividend of $0.17 per share on Thursday, November 17th. This represents a $0.68 dividend on an annualized basis and a yield of 7.93%. The ex-dividend date is Friday, November 4th.
Read our dividend analysis for NYCB.

New York Community Bancorp (NYSE:NYCB) pays an annual dividend of $0.68 per share and currently has a dividend yield of 7.88%. 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 57.63% 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.50%), Dimensional Fund Advisors LP (4.73%), State Street Corp (3.42%), Cannell & Co. (1.40%), Bank of New York Mellon Corp (1.37%) and First Trust Advisors LP (1.05%). Insiders that own company stock include James L Klein, Lawrence J Savarese, Lawrence J Savarese, Marshall Lux 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 $8.57.

New York Community Bancorp (NYSE:NYCB) has a market capitalization of $3.99 billion and generates $1.75 billion in revenue each year. The financial services provider earns $596 million in net income (profit) each year or $1.25 on an earnings per share basis.

The company employs 2,815 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.