Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
The price of New York Community Bancorp Inc. (NYSE: NYCB) closed at $3.18 in the last session, up 1.92% from day before closing price of $3.12. In other words, the price has increased by $1.92 from its previous closing price. On the day, 13.26 million shares were traded. NYCB stock price reached its highest trading level at $3.2 during the session, while it also had its lowest trading level at $3.09.
Ratios:
We take a closer look at NYCB’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 2.60 whereas as Long-Term Debt/Eq ratio is at 1.71.
On March 08, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $4.
Piper Sandler Downgraded its Overweight to Neutral on March 01, 2024, whereas the target price for the stock was revised from $8 to $5.
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.
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 2537388800 and an Enterprise Value of 13575349248. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.29. Its current Enterprise Value per Revenue stands at 4.848.
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 -13.50%, while the 200-Day Moving Average is calculated to be -64.29%.
Shares Statistics:
According to the various share statistics, NYCB traded on average about 41.44M shares per day over the past 3-months and 16816930 shares per day over the past 10 days. A total of 797.92M shares are outstanding, with a floating share count of 740.26M. Insiders hold about 7.23% of the company’s shares, while institutions hold 54.87% stake in the company. Shares short for NYCB as of 1711584000 were 75572239 with a Short Ratio of 1.82, compared to 1709164800 on 45563217. Therefore, it implies a Short% of Shares Outstanding of 75572239 and a Short% of Float of 10.620000000000001.
Dividends & Splits
The forward annual dividend rate for NYCB is 0.56, which was 0.68 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.21794873The stock’s 5-year Average Dividend Yield is 6.78.
