New York Community Bancorp Inc. (NYSE: NYCB) closed the day trading at $3.12 down -3.11% from the previous closing price of $3.22. In other words, the price has decreased by -$0.1000 from its previous closing price. On the day, 13188198 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NYCB now has a Market Capitalization of 2.49B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 0.29.
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. The 50-Day Moving Average of the stock is 4.5732, while the 200-Day Moving Average is calculated to be 9.3433.
Shares Statistics:
Over the past 3-months, NYCB traded about 40.17M shares per day on average, while over the past 10 days, NYCB traded about 22.49M shares per day. A total of 797.92M shares are outstanding, with a floating share count of 734.21M. Insiders hold about 7.95% of the company’s shares, while institutions hold 55.27% stake in the company. Shares short for NYCB as of Mar 15, 2024 were 67.34M with a Short Ratio of 1.68, compared to 50.6M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.44% and a Short% of Float of 9.46%.
Dividends & Splits
NYCB’s forward annual dividend rate is 0.56, up from 0.68 a year ago. Against a Trailing Annual Dividend Yield of 21.12%, it implies a Forward Annual Dividend Yield of 6.41%. The stock’s 5-year Average Dividend Yield is 6.78.
Earnings Estimates
Current recommendations for the stock of the company come from 17 analysts. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of $0.17 and a low estimate of -$0.47, while EPS last year was $0.23. The consensus estimate for the next quarter is $0.01, with high estimates of $0.2 and low estimates of -$0.13.
Analysts are recommending an EPS of between $0.79 and -$0.33 for the fiscal current year, implying an average EPS of $0.04. EPS for the following year is $0.29, with 16 analysts recommending between $0.45 and $0.
Revenue Estimates
13 analysts predict $651.32M in revenue for the current quarter. It ranges from a high estimate of $773.8M to a low estimate of $579M. As of the current estimate, New York Community Bancorp Inc.’s year-ago sales were $524.83M, an estimated increase of 24.10% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $643.83M, a decrease of -17.40% less than the figure of $24.10% in the same quarter last year. There is a high estimate of $765.21M for the next quarter, whereas the lowest estimate is $556M.
A total of 13 analysts have provided revenue estimates for NYCB’s current fiscal year. The highest revenue estimate was $3.12B, while the lowest revenue estimate was $2.27B, resulting in an average revenue estimate of $2.61B. In the same quarter a year ago, actual revenue was $3.56B, down -26.80% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $2.75B in the next fiscal year. The high estimate is $3.56B and the low estimate is $2.46B. The average revenue growth estimate for next year is up 5.30% from the average revenue estimate for this year.
