NYSE:NYCB

New York Community Bancorp Stock Forecast, Price & News

$10.95

-0.18 (-1.62 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$10.92

Now: $10.95▼

$11.15

50-Day Range

$9.58

MA: $10.39▼

$11.13

52-Week Range

$7.72

Now: $10.95▼

$11.90

Volume4.27 million shs

Average Volume3.14 million shs

Market Capitalization$5.08 billion

P/E Ratio13.04

Dividend Yield6.20%

Beta1.07

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 238 community bank branches and 348 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.

MarketRank^™

Overall MarketRank^™

2.19 out of 5 stars

Finance Sector

127th out of 1,704 stocks

Savings Institutions, Except Federal Industry

2nd out of 32 stocks

1.3 Analyst's Opinion

Consensus Rating
New York Community Bancorp has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.88, New York Community Bancorp has a forecasted upside of 8.4% from its current price of $10.95.
Amount of Analyst Coverage
New York Community Bancorp has only been the subject of 2 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
New York Community Bancorp has received 340 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
New York Community Bancorp has received 510 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
New York Community Bancorp has received 60.00% “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 6.20%, 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 63.55% next year. This indicates that New York Community Bancorp will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, New York Community Bancorp insiders have not sold or bought any 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
50.77% 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 20.22% in the coming year, from $0.89 to $1.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of New York Community Bancorp is 13.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of New York Community Bancorp is 13.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.11.
Price to Earnings Growth Ratio
New York Community Bancorp has a PEG Ratio of 1.03. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
New York Community Bancorp has a P/B Ratio of 0.82. 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

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

Employees2,786

Debt

Debt-to-Equity Ratio2.52

Current Ratio1.39

Quick Ratio1.39

Price-To-Earnings

Trailing P/E Ratio13.04

Forward P/E Ratio12.30

P/E Growth1.03

Sales & Book Value

Annual Sales$1.89 billion

Price / Sales2.69

Cash Flow$0.92 per share

Price / Cash Flow11.91

Book Value$13.28 per share

Price / Book0.82

Profitability

EPS (Most Recent Fiscal Year)$0.77

Net Income$395.04 million

Net Margins23.07%

Return on Equity6.69%

Return on Assets0.76%

Miscellaneous

Outstanding Shares463,900,000

Market Cap$5.08 billion

Next Earnings Date1/27/2021 (Confirmed)

OptionableOptionable

$10.95

-0.18 (-1.62 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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

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

New York Community Bancorp's stock was trading at $10.26 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NYCB stock has increased by 6.7% and is now trading at $10.95.
View which stocks have been most impacted by COVID-19.

Is New York Community Bancorp a buy right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New York Community Bancorp in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" New York Community Bancorp stock.
View analyst ratings for New York Community Bancorp or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than New York Community Bancorp?

Wall Street analysts have given New York Community Bancorp a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but New York Community Bancorp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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, January 27th 2021.
View our earnings forecast for New York Community Bancorp.

How can I listen to New York Community Bancorp's earnings call?

New York Community Bancorp will be holding an earnings conference call on Wednesday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

New York Community Bancorp, Inc. (NYSE:NYCB) announced its earnings results on Wednesday, October, 28th. The financial services provider reported $0.23 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.23. The financial services provider had revenue of $295.65 million for the quarter, compared to analysts' expectations of $295.45 million. New York Community Bancorp had a return on equity of 6.69% and a net margin of 23.07%.
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 Wednesday, October 28th. Shareholders of record on Saturday, November 7th will be given a dividend of $0.17 per share on Tuesday, November 17th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.21%. The ex-dividend date of this dividend is Thursday, November 5th.
View New York Community Bancorp's dividend history.

Is New York Community Bancorp a good dividend stock?

New York Community Bancorp pays an annual dividend of $0.68 per share and currently has a dividend yield of 6.20%. NYCB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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. Based on earnings estimates, New York Community Bancorp will have a dividend payout ratio of 63.55% next year. This indicates that New York Community Bancorp will be able to sustain or increase its dividend.
View New York Community Bancorp's dividend history.

What price target have analysts set for NYCB?

12 brokerages have issued 12-month price objectives for New York Community Bancorp's shares. Their forecasts range from $10.00 to $14.00. On average, they expect New York Community Bancorp's share price to reach $11.88 in the next year. This suggests a possible upside of 8.4% from the stock's current price.
View analysts' price targets for New York Community Bancorp or view Wall Street analyst' top-rated stocks.

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), MGIC Investment (MTG), Radian Group (RDN), LendingTree (TREE), Walker & Dunlop (WD), The Simply Good Foods (SMPL), WSFS Financial (WSFS), Washington Federal (WAFD), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), OceanFirst Financial (OCFC), Brookline Bancorp (BRKL) and Kearny Financial (KRNY).
View all of NYCB's 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), 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).

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 73, Pay $4.83M)
Mr. Thomas Robert Cangemi CPA, Sr. EVP & CFO (Age 51, Pay $1.9M)
Mr. Robert Wann, Sr. EVP, COO & Director (Age 65, Pay $2.85M)
Mr. John J. Pinto CPA, Exec. VP & Chief Accounting Officer (Age 49, Pay $1.29M)
Mr. James J. Carpenter, Consultant (Age 59, Pay $1.72M)
Mr. Robert D. Brown, Chief Information Officer & Exec. VP
Mr. Salvatore J. DiMartino, First Sr. VP and Director of Investor Relations & Strategic Planning
Mr. Eric S. Kracov, Chief HR Officer & Exec. VP
Anthony E. Donatelli, Director of Capital Planning & Stress Testing and Exec. VP
Frank Esposito, Director of Loan Admin. & Exec. VP

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 a variety of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.50%), State of Alaska Department of Revenue (0.02%), Addison Capital Co (0.01%), Crossmark Global Holdings Inc. (0.01%), Raymond James Trust N.A. (0.00%) and Brookstone Capital Management (0.00%). 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 State of Alaska Department of Revenue, Shulman DeMeo Asset Management LLC, and Crossmark Global Holdings Inc..
View insider buying and selling activity for New York Community Bancorp or view top insider-selling stocks.

Which institutional investors are buying New York Community Bancorp stock?

NYCB stock was acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Addison Capital Co, Brookstone Capital Management, and Raymond James Trust N.A.. 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 or or view top insider-buying stocks.

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 WeBull, 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 $10.95.

How big of a company is New York Community Bancorp?

New York Community Bancorp has a market capitalization of $5.08 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 1/17/2021 by MarketBeat.com Staff

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