DA Davidson Expects Higher Earnings for Flagstar Financial

Flagstar Financial, Inc. (NYSE:FLG) – Equities researchers at DA Davidson raised their FY2026 earnings estimates for shares of Flagstar Financial in a research report issued to clients and investors on Wednesday, April 2nd. DA Davidson analyst P. Winter now anticipates that the company will earn $0.64 per share for the year, up from their previous forecast of $0.53. DA Davidson has a “Buy” rating and a $14.50 price target on the stock. The consensus estimate for Flagstar Financial’s current full-year earnings is ($0.31) per share.

Flagstar Financial (NYSE:FLG) last released its earnings results on Thursday, January 30th. The company reported ($0.34) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.51) by $0.17. Flagstar Financial had a negative return on equity of 10.72% and a negative net margin of 17.16%.

A number of other equities research analysts also recently weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of Flagstar Financial from $11.00 to $12.50 and gave the stock a “neutral” rating in a research note on Friday, January 31st. Compass Point lifted their target price on shares of Flagstar Financial from $11.50 to $12.00 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. UBS Group started coverage on shares of Flagstar Financial in a research report on Tuesday, December 17th. They issued a “neutral” rating and a $11.50 price target for the company. Finally, Barclays lifted their price objective on Flagstar Financial from $13.00 to $14.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $12.90.

Flagstar Financial Trading Down 5.6 %

FLG opened at $10.81 on Thursday. The company’s 50 day moving average price is $11.83. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 1.88. The company has a market capitalization of $4.48 billion, a PE ratio of -2.93 and a beta of 1.16. Flagstar Financial has a 1 year low of $7.86 and a 1 year high of $13.35.

Flagstar Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, March 7th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.37%. The ex-dividend date was Friday, March 7th. Flagstar Financial’s payout ratio is currently -1.08%.

Flagstar Financial Company Profile

Flagstar Financial, Inc operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company’s deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit.