Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
New York Community Bancorp Inc. (NYSE: NYCB) closed the day trading at $2.97 down -3.26% from the previous closing price of $3.07. In other words, the price has decreased by -$3.26 from its previous closing price. On the day, 19.34 million shares were traded. NYCB stock price reached its highest trading level at $3.1 during the session, while it also had its lowest trading level at $2.96.
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 2369825536 and an Enterprise Value of 13459083264. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 0.27. Its current Enterprise Value per Revenue stands at 4.807.
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 -16.92%, while the 200-Day Moving Average is calculated to be -66.17%.
Shares Statistics:
Over the past 3-months, NYCB traded about 41.70M shares per day on average, while over the past 10 days, NYCB traded about 13414420 shares per day. A total of 804.66M shares are outstanding, with a floating share count of 746.51M. Insiders hold about 7.23% of the company’s shares, while institutions hold 54.34% stake in the company. Shares short for NYCB as of 1713139200 were 78922827 with a Short Ratio of 1.89, compared to 1710460800 on 67342762. Therefore, it implies a Short% of Shares Outstanding of 78922827 and a Short% of Float of 11.09.
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 0.22149839The stock’s 5-year Average Dividend Yield is 6.78.
