According to Zacks Investment Research, Flagstar Bancorp, Inc. (NYSE: FBC) will report $2.71 as its 4th quarter earnings per share. The expected earnings range of FBC stocks stands at a high of $2.82 to a low of $2.60 per share for the current quarter.
For the corresponding quarter previous year, the company posted an EPS of $0.80. This suggests a positive yearly growth rate of 238.8%. Analysts expect Flagstar Bancorp, Inc. to post its Q4 earnings report on the 27th of April.
Further estimates from Zacks Investment Research suggest that Flagstar Bancorp, Inc. will report $7.84 EPS as its FY2020. In this case, analysts’ estimates range from $7.35 to $8.86. The company is expected to announce $5.59 as FY2021 EPS.
FBC stocks traded at $43.39 this Monday. The company’s current market capitalization stands at $2.28 billion. It has a positive PE ratio of 5.63 along with a beta of 1.79 at the moment. The 12-monthly high to low ranges from $47.92 to $16.76. The 50SMA (50 Days Simple Moving Average) stands at $44.70 and its 200SMA stands at $36.30.
NYSE: FBC Stock Analysis
The quarterly earnings report for the previous fiscal quarter was released by the company on the 20th of January. The earnings stood at $2.83 EPS for that quarter as opposed to the general consensus of $2.36 proposed by analysts at several research firms. The company’s return on equity currently stands at 22.68% along with a net margin of 22.44%.
The company has recently been the subject of a lot of reports by equities analysts. Some such as Zacks Investment Research, Barclays, Compass Point, Raymond James, and so on have posted reports on this firm over the last few months.
Among the analysts who have issued reports on this company, one has given out a “hold” rating, and a majority of four has rated it as “buy.” Thus, the recent consensus rating of NYSE: FBC stands at “buy” and the consensus on the target price is $49.83. Several hedge funds have also altered their shareholdings of this company recently.