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The price of New York Community Bancorp Inc. (NYSE: NYCB) closed at $11.23 in the last session, down -2.01% from day before closing price of $11.46. In other words, the price has decreased by -$2.01 from its previous closing price. On the day, 3.89 million shares were traded. NYCB stock price reached its highest trading level at $11.68 during the session, while it also had its lowest trading level at $11.23.
Ratios:
We take a closer look at NYCB’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 3.39 whereas as Long-Term Debt/Eq ratio is at 2.43.
On May 01, 2024, Wedbush Upgraded its rating to Neutral which previously was Underperform and also upped its target price recommendation from $3 to $3.50.
Piper Sandler Upgraded its Neutral to Overweight on May 01, 2024, while the target price for the stock was maintained at $4.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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.
Signorille-Browne Julie bought 2,000 shares of NYCB for $9,520 on Feb 09 ’24. The SEVP & COO now owns 22,188 shares after completing the transaction at $4.76 per share. On Feb 09 ’24, another insider, Davis Reginald E, who serves as the Sr EVP & President of Banking of the company, bought 1,200 shares for $4.10 each. As a result, the insider paid 4,920 and bolstered with 94,317 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 4758892032 and an Enterprise Value of 14993587200. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 7.401.
Stock Price History:
Over the past 52 weeks, NYCB has reached a high of $34.50, while it has fallen to a 52-week low of $5.10. The 50-Day Moving Average of the stock is 5.24%, while the 200-Day Moving Average is calculated to be -20.15%.
Shares Statistics:
According to the various share statistics, NYCB traded on average about 7.37M shares per day over the past 3-months and 8227730 shares per day over the past 10 days. A total of 415.26M shares are outstanding, with a floating share count of 289.41M. Insiders hold about 30.31% of the company’s shares, while institutions hold 43.72% stake in the company. Shares short for NYCB as of 1726185600 were 40674469 with a Short Ratio of 5.52, compared to 1723680000 on 35860399. Therefore, it implies a Short% of Shares Outstanding of 40674469 and a Short% of Float of 12.370000000000001.
Dividends & Splits
The forward annual dividend rate for NYCB is 0.24, which was 1.2 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.10471205The stock’s 5-year Average Dividend Yield is 7.48.
