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In the latest session, New York Community Bancorp Inc. (NYSE: NYCB) closed at $9.35 down -0.32% from its previous closing price of $9.38. In other words, the price has decreased by -$0.32 from its previous closing price. On the day, 4.89 million shares were traded. NYCB stock price reached its highest trading level at $9.535 during the session, while it also had its lowest trading level at $9.2501.
Ratios:
For a deeper understanding of New York Community Bancorp Inc.’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 3.39 whereas as Long-Term Debt/Eq ratio is at 2.43.
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:
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.
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 3285898496 and an Enterprise Value of 13947696128. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 0.42. Its current Enterprise Value per Revenue stands at 6.884.
Stock Price History:
Over the past 52 weeks, NYCB has reached a high of $39.83, while it has fallen to a 52-week low of $5.10. The 50-Day Moving Average of the stock is -6.51%, while the 200-Day Moving Average is calculated to be -45.57%.
Shares Statistics:
For the past three months, NYCB has traded an average of 6.21M shares per day and 7062720 over the past ten days. A total of 351.31M shares are outstanding, with a floating share count of 305.71M. Insiders hold about 12.98% of the company’s shares, while institutions hold 38.40% stake in the company. Shares short for NYCB as of 1721001600 were 38413378 with a Short Ratio of 5.47, compared to 1718323200 on 33432805. Therefore, it implies a Short% of Shares Outstanding of 38413378 and a Short% of Float of 12.479999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for NYCB is 0.23, from 1.2 in the trailing year. Against a Trailing Annual Dividend Yield of 0.12793177The stock’s 5-year Average Dividend Yield is 7.39.
