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In the latest session, Flagstar Financial Inc (NYSE: FLG) closed at $11.15 down -2.45% from its previous closing price of $11.43. In other words, the price has decreased by -$2.45 from its previous closing price. On the day, 4.26 million shares were traded. FLG stock price reached its highest trading level at $11.5 during the session, while it also had its lowest trading level at $11.13.
Ratios:
For a deeper understanding of Flagstar Financial Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 2.43 whereas as Long-Term Debt/Eq ratio is at 1.82.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 FLG 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, FLG now has a Market Capitalization of 4628532224 and an Enterprise Value of 2894531072. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at 2.028.
Stock Price History:
Over the past 52 weeks, FLG has reached a high of $34.47, while it has fallen to a 52-week low of $5.10. The 50-Day Moving Average of the stock is -0.82%, while the 200-Day Moving Average is calculated to be 6.00%.
Shares Statistics:
For the past three months, FLG has traded an average of 6.41M shares per day and 5723710 over the past ten days. A total of 415.26M shares are outstanding, with a floating share count of 302.19M. Insiders hold about 27.20% of the company’s shares, while institutions hold 56.28% stake in the company. Shares short for FLG as of 1731628800 were 43975060 with a Short Ratio of 6.86, compared to 1728950400 on 39319294. Therefore, it implies a Short% of Shares Outstanding of 43975060 and a Short% of Float of 11.84.
Dividends & Splits
According to the company, the forward annual dividend rate for FLG is 0.08, from 0.7 in the trailing year. Against a Trailing Annual Dividend Yield of 0.061242342The stock’s 5-year Average Dividend Yield is 7.51.
