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.
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.
