Press coverage about Flagstar Bancorp (NYSE:FBC) has trended somewhat positive on Saturday, according to Accern. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Flagstar Bancorp earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news articles about the savings and loans company an impact score of 46.4051756488804 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- Comparing Flagstar Bancorp (FBC) & Its Rivals (americanbankingnews.com)
- Noteworthy Friday Option Activity: WETF, FBC, GWW (marketnewsvideo.com)
- Zacks: Analysts Anticipate Flagstar Bancorp, Inc. (FBC) to Announce $0.70 Earnings Per Share (americanbankingnews.com)
- Flagstar Bancorp, Inc. (FBC) Lifted to “Buy” at Zacks Investment Research (americanbankingnews.com)
- Flagstar Bancorp, Inc. (FBC) Lowered to Hold at Zacks Investment Research (americanbankingnews.com)
Shares of Flagstar Bancorp (FBC) traded up 0.53% during midday trading on Friday, reaching $34.28. The company had a trading volume of 142,144 shares. The company has a 50 day moving average of $32.30 and a 200 day moving average of $30.17. Flagstar Bancorp has a one year low of $25.06 and a one year high of $34.53. The company has a market capitalization of $1.96 billion, a PE ratio of 13.14 and a beta of 0.86.
Flagstar Bancorp (NYSE:FBC) last released its earnings results on Tuesday, July 25th. The savings and loans company reported $0.71 EPS for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.09. The business had revenue of $97.00 million for the quarter, compared to analysts’ expectations of $87.95 million. Flagstar Bancorp had a return on equity of 10.15% and a net margin of 16.52%. The firm’s revenue was up 26.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.66 earnings per share. Analysts predict that Flagstar Bancorp will post $2.37 EPS for the current fiscal year.
Several analysts recently weighed in on the company. Zacks Investment Research cut Flagstar Bancorp from a “buy” rating to a “hold” rating in a report on Monday, September 18th. ValuEngine upgraded Flagstar Bancorp from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Raymond James Financial, Inc. assumed coverage on Flagstar Bancorp in a research note on Thursday, August 31st. They issued an “outperform” rating and a $36.00 price target on the stock. FBR & Co reiterated an “outperform” rating and issued a $35.00 price target (up previously from $32.00) on shares of Flagstar Bancorp in a research note on Wednesday, July 26th. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $35.00 price target on shares of Flagstar Bancorp in a research note on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $35.80.
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About Flagstar Bancorp
Flagstar Bancorp, Inc is a savings and loan holding company. The Company’s business is primarily conducted through its principal subsidiary, Flagstar Bank, FSB. It operates through four segments: Community Banking, Mortgage Originations, Mortgage Servicing, and Other. Through Mortgage Originations segment, it originates, acquires and sells one- to four-family residential mortgage loans.
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