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The price of Flagstar Financial Inc (NYSE: FLG) closed at $10.98 in the last session, down -2.66% from day before closing price of $11.28. In other words, the price has decreased by -$2.66 from its previous closing price. On the day, 5.72 million shares were traded. FLG stock price reached its highest trading level at $11.52 during the session, while it also had its lowest trading level at $10.88.
Ratios:
We take a closer look at FLG’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 2.43 whereas as Long-Term Debt/Eq ratio is at 1.82.
On May 01, 2024, Wedbush Upgraded its rating to Neutral which previously was Underperform and also upped its target price recommendation from $3 to $3.50.
Piper Sandler Upgraded its Neutral to Overweight on May 01, 2024, while the target price for the stock was maintained at $4.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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.
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 4559532544 and an Enterprise Value of 2823961600. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at 1.979.
Stock Price History:
Over the past 52 weeks, FLG has reached a high of $34.47, while it has fallen to a 52-week low of $5.10. The 50-Day Moving Average of the stock is -1.09%, while the 200-Day Moving Average is calculated to be 1.62%.
Shares Statistics:
According to the various share statistics, FLG traded on average about 6.35M shares per day over the past 3-months and 7227900 shares per day over the past 10 days. A total of 415.26M shares are outstanding, with a floating share count of 302.27M. Insiders hold about 27.21% of the company’s shares, while institutions hold 51.19% stake in the company. Shares short for FLG as of 1730332800 were 39342055 with a Short Ratio of 6.20, compared to 1727654400 on 39034330. Therefore, it implies a Short% of Shares Outstanding of 39342055 and a Short% of Float of 10.5900005.
Dividends & Splits
The forward annual dividend rate for FLG is 0.07, which was 0.7 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.06205674The stock’s 5-year Average Dividend Yield is 7.51.
