Flagstar Financial Inc (FLG) Outlook Starting To Look Brighter?

Flagstar Financial Inc (FLG) concluded trading on Tuesday at a closing price of $9.13, with 3.07 million shares of worth about $28.01 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.31% during that period and on December 24, 2024 the price saw a gain of about 0.88%. Currently the company’s common shares owned by public are about 415.26M shares, out of which, 302.15M shares are available for trading.

Stock saw a price change of -9.40% in past 5 days and over the past one month there was a price change of -22.56%. Year-to-date (YTD), FLG shares are showing a performance of -70.48% which decreased to -70.04% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.10 but also hit the highest price of $31.86 during that period. The average intraday trading volume for Flagstar Financial Inc shares is 6.08 million. The stock is currently trading -15.37% below its 20-day simple moving average (SMA20), while that difference is down -17.13% for SMA50 and it goes to -12.60% lower than SMA200.

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

Flagstar Financial Inc (NYSE: FLG) currently have 415.26M outstanding shares and institutions hold larger chunk of about 56.27% of that.

The stock has a current market capitalization of $3.76B and its 3Y-monthly beta is at 1.07. It has posted earnings per share of -$14.47 in the same period. It has a debt-to-equity ratio of 2.43. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FLG, volatility over the week remained 5.66% while standing at 4.82% over the month.

Analysts are in expectations that Flagstar Financial Inc (FLG) stock would likely to be making an EPS of -0.54 in the current quarter, while forecast for next quarter EPS is -0.25 and it is -0.38 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.74 which is -0.33 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.81 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -136.80% while it is estimated to increase by 90.08% in next year.

Coverage by Barclays stated Flagstar Financial Inc (FLG) stock as an Overweight in their note to investors on September 26, 2024, suggesting a price target of $14 for the stock. On May 01, 2024, Wedbush Upgrade their recommendations, while on May 01, 2024, Piper Sandler Upgrade their ratings for the stock with a price target of $4. Stock get an Underperform rating from Raymond James on March 18, 2024.

Most Popular

Related Posts