Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, Flagstar Financial Inc (NYSE: FLG) closed at $9.05 up 0.89% from its previous closing price of $8.97. In other words, the price has increased by $0.89 from its previous closing price. On the day, 16.74 million shares were traded. FLG stock price reached its highest trading level at $9.25 during the session, while it also had its lowest trading level at $8.86.
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 September 26, 2024, Barclays Upgraded its rating to Overweight which previously was Equal Weight but kept the price unchanged to $14.
Wedbush Upgraded its Underperform to Neutral on May 01, 2024, whereas the target price for the stock was revised from $3 to $3.50.
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 3756790784 and an Enterprise Value of 2022789760. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 0.47. Its current Enterprise Value per Revenue stands at 1.418.
Stock Price History:
Over the past 52 weeks, FLG has reached a high of $31.95, while it has fallen to a 52-week low of $5.10. The 50-Day Moving Average of the stock is -18.68%, while the 200-Day Moving Average is calculated to be -13.44%.
Shares Statistics:
For the past three months, FLG has traded an average of 6.14M shares per day and 8098700 over the past ten days. A total of 415.26M shares are outstanding, with a floating share count of 302.15M. Insiders hold about 27.21% of the company’s shares, while institutions hold 56.27% stake in the company. Shares short for FLG as of 1732838400 were 48445652 with a Short Ratio of 7.89, compared to 1730332800 on 39342055. Therefore, it implies a Short% of Shares Outstanding of 48445652 and a Short% of Float of 13.04.
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 0.0780379The stock’s 5-year Average Dividend Yield is 7.51.
