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After finishing at $10.25 in the prior trading day, New York Community Bancorp Inc. (NYSE: NYCB) closed at $10.60, up 3.41%. In other words, the price has increased by $3.41 from its previous closing price. On the day, 6.02 million shares were traded. NYCB stock price reached its highest trading level at $10.855 during the session, while it also had its lowest trading level at $10.39.
Ratios:
Our goal is to gain a better understanding of NYCB by taking a closer look at its different 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:
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.
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 3949051392 and an Enterprise Value of 14772185088. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 0.47. Its current Enterprise Value per Revenue stands at 7.291.
Stock Price History:
Over the past 52 weeks, NYCB has reached a high of $36.08, while it has fallen to a 52-week low of $5.10. The 50-Day Moving Average of the stock is 1.06%, while the 200-Day Moving Average is calculated to be -29.46%.
Shares Statistics:
The stock has traded on average 6.73M shares per day over the past 3-months and 6185350 shares per day over the last 10 days, according to various share statistics. A total of 372.55M shares are outstanding, with a floating share count of 323.00M. Insiders hold about 13.30% of the company’s shares, while institutions hold 50.00% stake in the company. Shares short for NYCB as of 1724976000 were 39075528 with a Short Ratio of 5.81, compared to 1722384000 on 33947101. Therefore, it implies a Short% of Shares Outstanding of 39075528 and a Short% of Float of 11.88.
Dividends & Splits
In the trailing 12 months, NYCB’s forward annual dividend rate was 1.2, compared to 0.24 this year. Against a Trailing Annual Dividend Yield of 0.11707318The stock’s 5-year Average Dividend Yield is 7.48.
