Flagstar Financial Inc (FLG) concluded trading on Wednesday at a closing price of $9.60, with 5.23 million shares of worth about $50.23 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -8.40% during that period and on January 29, 2025 the price saw a loss of about -0.31%. 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 0.52% in past 5 days and over the past one month there was a price change of 6.55%. Year-to-date (YTD), FLG shares are showing a performance of 2.89% which decreased to -69.29% 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 5.92 million. The stock is currently trading 2.37% above its 20-day simple moving average (SMA20), while that difference is down -5.92% for SMA50 and it goes to -7.34% lower than SMA200.
Flagstar Financial Inc (NYSE: FLG) currently have 415.26M outstanding shares and institutions hold larger chunk of about 56.35% of that.
The stock has a current market capitalization of $3.99B 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 3.75% while standing at 3.85% 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.
