Headlines about Flagstar Bancorp (NYSE:FBC) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Flagstar Bancorp earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned news stories about the savings and loans company an impact score of 45.6541514445264 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
A number of research firms have recently commented on FBC. B. Riley reissued a “buy” rating on shares of Flagstar Bancorp in a report on Friday, March 2nd. ValuEngine raised shares of Flagstar Bancorp from a “buy” rating to a “strong-buy” rating in a report on Friday, February 2nd. Boenning Scattergood set a $40.00 target price on shares of Flagstar Bancorp and gave the stock a “buy” rating in a report on Wednesday, December 27th. Finally, Zacks Investment Research cut shares of Flagstar Bancorp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $39.57.
Flagstar Bancorp (FBC) opened at $36.40 on Friday. The stock has a market cap of $2,118.59, a P/E ratio of 33.70 and a beta of 1.22. Flagstar Bancorp has a fifty-two week low of $26.31 and a fifty-two week high of $40.06. The company has a quick ratio of 0.80, a current ratio of 1.38 and a debt-to-equity ratio of 4.40.
Flagstar Bancorp (NYSE:FBC) last issued its quarterly earnings data on Tuesday, January 23rd. The savings and loans company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.04. The business had revenue of $107.00 million during the quarter, compared to analyst estimates of $103.91 million. Flagstar Bancorp had a net margin of 6.32% and a return on equity of 10.16%. The firm’s quarterly revenue was up 23.0% on a year-over-year basis. During the same quarter last year, the business earned $0.49 EPS. equities analysts expect that Flagstar Bancorp will post 3.26 earnings per share for the current year.
In related news, COO Lee Matthew Smith sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $35.96, for a total value of $107,880.00. Following the completion of the transaction, the chief operating officer now owns 72,835 shares in the company, valued at approximately $2,619,146.60. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 63.00% of the stock is owned by company insiders.
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Flagstar Bancorp Company Profile
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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