Flagstar Financial Inc (NYSE: FLG): Do Not Miss The Gain Train

Flagstar Financial Inc (FLG) concluded trading on Thursday at a closing price of $9.39, with 3.92 million shares of worth about $36.78 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -18.49% during that period and on January 23, 2025 the price saw a loss of about -1.68%. Currently the company’s common shares owned by public are about 415.26M shares, out of which, 302.04M shares are available for trading.

Stock saw a price change of -0.95% in past 5 days and over the past one month there was a price change of 4.68%. Year-to-date (YTD), FLG shares are showing a performance of 0.64% which decreased to -69.22% 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 $31.56 during that period. The average intraday trading volume for Flagstar Financial Inc shares is 6.27 million. The stock is currently trading 1.33% above its 20-day simple moving average (SMA20), while that difference is down -9.10% for SMA50 and it goes to -9.32% lower than SMA200.

Flagstar Financial Inc (NYSE: FLG) currently have 415.26M outstanding shares and institutions hold larger chunk of about 56.30% of that.

The stock has a current market capitalization of $3.90B and its 3Y-monthly beta is at 1.08. 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 2.50% while standing at 3.70% over the month.

Stock’s fiscal year EPS is expected to drop by -136.76% while it is estimated to increase by 89.78% 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