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New York Community Bancorp (NYCB) Stock Forecast & Price Target

$11.02
-0.16 (-1.43%)
(As of 12:58 PM ET)

New York Community Bancorp - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 15 Wall Street analysts who have issued ratings for New York Community Bancorp in the last 12 months, the stock has a consensus rating of "Hold." Out of the 15 analysts, 1 has given a sell rating, 13 have given a hold rating, and 1 has given a buy rating for NYCB.

Consensus Price Target

$5.38
-51.23% Downside
High Forecast$11.25
Average Forecast$5.38
Low Forecast$3.00

According to the 15 analysts' twelve-month price targets for New York Community Bancorp, the average price target is $5.38. The highest price target for NYCB is $11.25, while the lowest price target for NYCB is $3.00. The average price target represents a forecasted downside of -51.23% from the current price of $11.02.

TypeCurrent Forecast
7/23/23 to 7/22/24
1 Month Ago
6/23/23 to 6/22/24
3 Months Ago
4/24/23 to 4/23/24
1 Year Ago
7/23/22 to 7/23/23
Consensus Rating
Hold
Hold
Reduce
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
0 Buy rating(s)
7 Buy rating(s)
Hold
13 Hold rating(s)
13 Hold rating(s)
13 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$5.38$5.39$5.43$11.12
Forecasted Upside-51.23% Downside11.71% Upside10.35% Upside24.85% Upside
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NYCB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NYCB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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New York Community Bancorp Stock vs. The Competition

TypeNew York Community BancorpFinance CompaniesS&P 500
Consensus Rating Score
2.00
2.45
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside-52.09% Downside37.67% Upside9.92% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/15/2024Keefe, Bruyette & Woods
4 of 5 stars
 Boost TargetMarket Perform ➝ Market Perform$3.75 ➝ $11.25+8.07%
7/3/2024Citigroup
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$3.50 ➝ $4.00+19.40%
6/24/2024Barclays
2 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$5.00 ➝ $4.00+29.45%
5/1/2024Wedbush
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D. Chiaverini
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UpgradeUnderperform ➝ Neutral$3.00 ➝ $3.50+0.57%
5/1/2024Piper Sandler
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 UpgradeNeutral ➝ Overweight$4.00+14.61%
4/9/2024Royal Bank of Canada
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 Lower TargetSector Perform ➝ Sector Perform$5.00 ➝ $4.00+24.61%
3/18/2024Raymond James
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 DowngradeMarket Perform ➝ Underperform$3.00-23.08%
3/7/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$6.00 ➝ $4.00+14.94%
2/8/2024DA Davidson
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P. Winter
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DowngradeBuy ➝ Neutral$8.50 ➝ $5.00+11.11%
2/7/2024JPMorgan Chase & Co.
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 DowngradeOverweight ➝ Neutral$11.50 ➝ $5.50+31.11%
2/7/2024Bank of America
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 DowngradeBuy ➝ Neutral$8.50 ➝ $5.00+19.19%
2/2/2024Deutsche Bank Aktiengesellschaft
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 DowngradeBuy ➝ Hold$15.00 ➝ $7.00+21.95%
2/1/2024Compass Point
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 DowngradeBuy ➝ Neutral$16.00 ➝ $8.00+23.46%
2/1/2024Jefferies Financial Group
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 DowngradeBuy ➝ Hold$13.00 ➝ $7.00+8.02%
1/8/2024UBS Group
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 DowngradeBuy ➝ Neutral
3/21/2023Credit Suisse Group
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 Boost TargetNeutral$10.00 ➝ $11.00+27.76%
12/9/2022Stephens
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 UpgradeUnderweight ➝ Equal Weight$8.50

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 01:29 PM ET.

NYCB Forecast - Frequently Asked Questions

What is New York Community Bancorp's forecast for 2024?

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for New York Community Bancorp is $5.38, with a high forecast of $11.25 and a low forecast of $3.00.

Should I buy or sell New York Community Bancorp stock right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New York Community Bancorp in the last year. There is currently 1 sell rating, 13 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.

Does New York Community Bancorp's stock price have much upside?

According to analysts, New York Community Bancorp's stock has a predicted upside of 14.02% based on their 12-month stock forecasts.

Has New York Community Bancorp been upgraded by Wall Street analysts recently?

Over the previous 90 days, New York Community Bancorp's stock had 2 upgrades by analysts.

What analysts cover New York Community Bancorp?

New York Community Bancorp has been rated by research analysts at Barclays, Citigroup, Keefe, Bruyette & Woods, Piper Sandler, and Wedbush in the past 90 days.

Do Wall Street analysts like New York Community Bancorp more than its competitors?

Analysts like New York Community Bancorp less than other "finance" companies. The consensus rating score for New York Community Bancorp is 2.00 while the average consensus rating score for "finance" companies is 2.45. Learn more on how NYCB compares to other companies.


This page (NYSE:NYCB) was last updated on 7/22/2024 by MarketBeat.com Staff

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