DA Davidson Predicts Weaker Earnings for Flagstar Financial

Flagstar Financial, Inc. (NYSE:FLG) – Investment analysts at DA Davidson lowered their Q1 2025 earnings per share (EPS) 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 post earnings per share of ($0.26) for the quarter, down from their previous estimate of ($0.22). DA Davidson currently 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. DA Davidson also issued estimates for Flagstar Financial’s FY2025 earnings at ($0.34) EPS.

Other equities analysts have also recently issued reports about the company. Compass Point increased their target price on Flagstar Financial from $11.50 to $12.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Citigroup upgraded shares of Flagstar Financial from a “neutral” rating to a “buy” rating and increased their price objective for the company from $13.50 to $15.00 in a research note on Friday. UBS Group assumed coverage on shares of Flagstar Financial in a research report on Tuesday, December 17th. They issued a “neutral” rating and a $11.50 target price for the company. Barclays lifted their price target on Flagstar Financial from $13.00 to $14.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Finally, JPMorgan Chase & Co. upped their price objective on Flagstar Financial from $11.00 to $12.50 and gave the company a “neutral” rating in a research note on Friday, January 31st. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $13.25.

Flagstar Financial Stock Down 3.3 %

Shares of NYSE FLG opened at $10.43 on Friday. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 1.88. Flagstar Financial has a fifty-two week low of $7.86 and a fifty-two week high of $13.35. The company’s 50 day simple moving average is $11.85. The firm has a market cap of $4.33 billion, a price-to-earnings ratio of -2.83 and a beta of 1.17.

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

Flagstar Financial Dividend Announcement

The firm also recently declared 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 0.38%. The ex-dividend date of this dividend was Friday, March 7th. Flagstar Financial’s dividend payout ratio (DPR) is presently -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.