Flagstar Financial (FLG) Expected to Announce Earnings on Wednesday

Flagstar Financial (NYSE:FLG) is expected to be posting its quarterly earnings results before the market opens on Wednesday, January 29th. Analysts expect Flagstar Financial to post earnings of ($0.51) per share and revenue of $489,840.00 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Flagstar Financial Price Performance

NYSE:FLG opened at $9.56 on Wednesday. The firm has a market cap of $3.97 billion, a PE ratio of -2.19 and a beta of 1.09. Flagstar Financial has a one year low of $5.10 and a one year high of $31.56. The firm’s fifty day moving average is $10.22. The company has a current ratio of 1.14, a quick ratio of 1.12 and a debt-to-equity ratio of 2.52.

Flagstar Financial Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 17th. Investors of record on Monday, December 9th were paid a dividend of $0.01 per share. This represents a yield of 0.33%. The ex-dividend date of this dividend was Friday, December 6th. Flagstar Financial’s payout ratio is currently -0.92%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. UBS Group initiated coverage on shares of Flagstar Financial in a research note on Tuesday, December 17th. They set a “neutral” rating and a $11.50 target price for the company. JPMorgan Chase & Co. lowered their target price on shares of Flagstar Financial from $12.00 to $11.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. Finally, Compass Point upped their target price on shares of Flagstar Financial from $11.50 to $12.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th.

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.