New York Community Bancorp Inc. [NYCB] stock prices are up 5.86% to $3.25 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NYCB shares have gain 1.56% over the last week, with a monthly amount glided 19.05%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 18, March 2024, FLAGSTAR BANK OPENS APPLICATIONS FOR FIFTH ANNUAL MORTGAGETECH ACCELERATOR. In a post published today on Yahoo Finance, Flagstar Bank, N.A., the bank subsidiary of New York Community Bancorp, Inc., (NYSE: NYCB) (the “Company” and “Flagstar”), today announced it is now accepting applications for its fifth annual MortgageTech Accelerator program.
From an analyst’s perspective:
New York Community Bancorp Inc. [NYSE: NYCB] stock has seen the most recent analyst activity on March 18, 2024, when Raymond James downgraded its rating to a Underperform but kept the price target unchanged to $3 for it. Previously, Barclays started tracking the stock with Equal Weight rating on March 08, 2024, and set its price target to $4. On March 01, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $5 on the stock. DA Davidson downgraded its rating to a Neutral and decreased its price target to $5 on February 08, 2024. JP Morgan downgraded its rating to a Neutral and reduced its price target to $5.50 on February 07, 2024. BofA Securities downgraded its rating to Neutral for this stock on February 07, 2024, and downed its price target to $5. In a note dated February 02, 2024, Deutsche Bank downgraded an Hold rating on this stock and revised its target price from $15 to $7.
The stock price of New York Community Bancorp Inc. [NYCB] has been fluctuating between $1.70 and $14.22 over the past year. Currently, Wall Street analysts expect the stock to reach $6.38 within the next 12 months. New York Community Bancorp Inc. [NYSE: NYCB] shares were valued at $3.25 at the most recent close of the market. An investor can expect a potential return of 96.31% based on the average NYCB price forecast.
Analyzing the NYCB fundamentals
The New York Community Bancorp Inc. [NYSE:NYCB] reported sales of 8.21B for trailing twelve months, representing a surge of 77.85%. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at 0.92%, Pretax Profit Margin comes in at 0.51%, and Net Profit Margin reading is 0.51%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.22 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.65.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.09 points at the first support level, and at 2.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.34, and for the 2nd resistance point, it is at 3.44.
New York Community Bancorp Inc. [NYCB] reported earnings per share of -$0.27 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.28/share, meaning a difference of -$0.55 and a surprise factor of -196.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.36 per share as compared to estimates of $0.35 per share, a difference of $0.01 representing a surprise of 2.90%.
Ratios To Look Out For
It’s worth pointing out that New York Community Bancorp Inc. [NYSE:NYCB]’s Current Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 0.32, the price to book ratio is 0.30.
Transactions by insiders
Recent insider trading involved Lux Marshall, Director, that happened on Mar 21 ’24 when 27100.0 shares were purchased. Director, Schoels Peter completed a deal on Feb 09 ’24 to buy 100000.0 shares. Meanwhile, Executive Chairman DiNello Alessandro bought 50000.0 shares on Feb 09 ’24.
