New York Community Bancorp Inc. (NYSE: NYCB) closed the day trading at $2.91 up 2.46% from the previous closing price of $2.84. On the day, 21408693 shares were traded.
Ratios:
For a better understanding of NYCB, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 2.60 whereas as Long-Term Debt/Eq ratio is at 1.71.
On March 08, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $4.
Piper Sandler Downgraded its Overweight to Neutral on March 01, 2024, whereas the target price for the stock was revised from $8 to $5.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 21 ’24 when Lux Marshall bought 27,100 shares for $3.69 per share. The transaction valued at 99,891 led to the insider holds 64,872 shares of the business.
Schoels Peter bought 100,000 shares of NYCB for $414,750 on Feb 09 ’24. The Director now owns 147,438 shares after completing the transaction at $4.15 per share. On Feb 09 ’24, another insider, DiNello Alessandro, who serves as the Executive Chairman of the company, bought 50,000 shares for $4.19 each. As a result, the insider paid 209,480 and bolstered with 114,305 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 0.27.
Stock Price History:
Over the past 52 weeks, NYCB has reached a high of $14.22, while it has fallen to a 52-week low of $1.70.
Shares Statistics:
A total of 797.92M shares are outstanding, with a floating share count of 740.27M. Insiders hold about 7.23% of the company’s shares, while institutions hold 55.17% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from New York Community Bancorp, Inc analysts. The consensus estimate for the next quarter is $14.98, with high estimates of $165.00 and low estimates of $6.14.
Analysts are recommending an EPS of between $Financial Services and $Real Estate for the fiscal current year, implying an average EPS of $Financial Services.
