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As of close of business last night, New York Community Bancorp Inc.’s stock clocked out at $3.38, down -2.03% from its previous closing price of $3.45. In other words, the price has decreased by -$2.03 from its previous closing price. On the day, 7.57 million shares were traded. NYCB stock price reached its highest trading level at $3.47 during the session, while it also had its lowest trading level at $3.35.
Ratios:
To gain a deeper understanding of NYCB’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 3.02 whereas as Long-Term Debt/Eq ratio is at 2.80.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wedbush on May 01, 2024, Upgraded its rating to Neutral and sets its target price to $3.50 from $3 previously.
On May 01, 2024, Piper Sandler Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $4.
Raymond James Downgraded its Mkt Perform to Underperform on March 18, 2024, while the target price for the stock was maintained at $3.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future 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.
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 3530631936 and an Enterprise Value of 18422398976. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.34. Its current Enterprise Value per Revenue stands at 6.682.
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 3.12%, while the 200-Day Moving Average is calculated to be -49.58%.
Shares Statistics:
It appears that NYCB traded 17.90M shares on average per day over the past three months and 24693810 shares per day over the past ten days. A total of 1.05B shares are outstanding, with a floating share count of 917.22M. Insiders hold about 12.97% of the company’s shares, while institutions hold 38.63% stake in the company. Shares short for NYCB as of 1718323200 were 100298418 with a Short Ratio of 5.60, compared to 1715731200 on 81552130. Therefore, it implies a Short% of Shares Outstanding of 100298418 and a Short% of Float of 10.870000000000001.
Dividends & Splits
With its trailing 12-month dividend rate of 0.56, NYCB has a forward annual dividend rate of 0.40. Against a Trailing Annual Dividend Yield of 0.16231884The stock’s 5-year Average Dividend Yield is 7.3.
