Flagstar Financial Inc (FLG) concluded trading on Wednesday at a closing price of $12.08, with 4.45 million shares of worth about $53.74 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.00% during that period and on Wednesday the price saw a gain of about 0.83%. Currently the company’s common shares owned by public are about 414.93M shares, out of which, 299.19M shares are available for trading.
Stock saw a price change of -8.35% in past 5 days and over the past one month there was a price change of 24.41%. Year-to-date (YTD), FLG shares are showing a performance of 29.47% which decreased to -10.91% 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 $14.43 during that period. The average intraday trading volume for Flagstar Financial Inc shares is 6.38 million. The stock is currently trading -1.00% below its 20-day simple moving average (SMA20), while that difference is up 14.34% for SMA50 and it goes to 13.54% higher than SMA200.
Flagstar Financial Inc (NYSE: FLG) currently have 414.93M outstanding shares and institutions hold larger chunk of about 59.46% of that.
The stock has a current market capitalization of $5.01B and its 3Y-monthly beta is at 1.15. It has posted earnings per share of -$3.69 in the same period. It has a debt-to-equity ratio of 1.76. 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 4.49% while standing at 4.71% over the month.
Stock’s fiscal year EPS is expected to rise by 89.86% while it is estimated to increase by 295.81% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by DA Davidson on January 31, 2025 offering a Buy rating for the stock and assigned a target price range of between $12 and $14.50 to it. On September 26, 2024, Barclays Upgrade their recommendations, while on May 01, 2024, Wedbush Upgrade their ratings for the stock with a price target of $3.50. Stock get an Overweight rating from Piper Sandler on May 01, 2024.