Press coverage about Flagstar Bancorp (NYSE:FBC) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Flagstar Bancorp earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the savings and loans company an impact score of 47.3290118503129 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
Several brokerages recently issued reports on FBC. B. Riley restated a “buy” rating on shares of Flagstar Bancorp in a research report on Wednesday, November 1st. Zacks Investment Research downgraded Flagstar Bancorp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 13th. ValuEngine upgraded Flagstar Bancorp from a “buy” rating to a “strong-buy” rating in a report on Friday, February 2nd. Boenning Scattergood set a $40.00 price target on Flagstar Bancorp and gave the company a “buy” rating in a report on Tuesday, November 14th. Finally, FBR & Co reiterated a “buy” rating and issued a $42.00 price target (up from $35.00) on shares of Flagstar Bancorp in a report on Wednesday, October 25th. One analyst has rated the stock with a sell rating, two have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $39.57.
Flagstar Bancorp (FBC) opened at $35.68 on Monday. The company has a quick ratio of 0.80, a current ratio of 1.36 and a debt-to-equity ratio of 4.04. The firm has a market capitalization of $2,045.21, a price-to-earnings ratio of 33.04 and a beta of 1.20. Flagstar Bancorp has a twelve month low of $26.31 and a twelve month high of $40.06.
Flagstar Bancorp (NYSE:FBC) last announced its quarterly earnings data on Tuesday, January 23rd. The savings and loans company reported $0.60 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.56 by $0.04. Flagstar Bancorp had a net margin of 6.32% and a return on equity of 10.14%. The company had revenue of $107.00 million during the quarter, compared to analysts’ expectations of $103.91 million. During the same period in the previous year, the company earned $0.49 EPS. The business’s quarterly revenue was up 23.0% compared to the same quarter last year. equities research analysts anticipate that Flagstar Bancorp will post 3.26 earnings per share for the current fiscal year.
In other news, COO Lee Matthew Smith sold 3,000 shares of the business’s stock in a transaction on Wednesday, January 24th. The shares were sold at an average price of $37.48, for a total transaction of $112,440.00. Following the completion of the sale, the chief operating officer now directly owns 75,835 shares of the company’s stock, valued at approximately $2,842,295.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 63.00% of the stock is owned by 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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