During the last session, New York Community Bancorp Inc. (NYSE:NYCB)’s traded shares were 10.87 million, with the beta value of the company hitting 0.91. At the end of the trading day, the stock’s price was $3.07, reflecting an intraday gain of 0.33% or $0.01. The 52-week high for the NYCB share is $14.22, that puts it down -363.19 from that peak though still a striking 44.63% gain since the share price plummeted to a 52-week low of $1.70. The company’s market capitalization is $2.45B, and the average trade volume was 41.66 million shares over the past three months.
New York Community Bancorp Inc. (NYSE:NYCB) trade information
New York Community Bancorp Inc. (NYCB) registered a 0.33% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.33% in intraday trading to $3.07, hitting a weekly high. The stock’s 5-day price performance is 4.07%, and it has moved by -4.06% in 30 days. Based on these gigs, the overall price performance for the year is -65.70%.
New York Community Bancorp Inc. (NYCB) estimates and forecasts
Statistics show that New York Community Bancorp Inc. has underperformed its competitors in share price, compared to the industry in which it operates. New York Community Bancorp Inc. (NYCB) shares have gone down -70.22% during the last six months, with a year-to-date growth rate less than the industry average at -110.00% against -12.50. In the rating firms’ projections, revenue will decrease -27.10% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 651.43M as predicted by 13 analyst(s). Meanwhile, a consensus of 13 analyst(s) estimates revenue growth to 640.3M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 524.83M and 779.64M respectively. In this case, analysts expect current quarter sales to grow by 24.10% and then drop by -17.90% in the coming quarter.
While earnings are projected to return -106.01% in 2024, the next five years will return -0.30% per annum.
NYCB Dividends
New York Community Bancorp Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for New York Community Bancorp Inc. is 0.56, with the dividend yield indicating at 18.24 percent, continuing the trend of increasing dividends in recent years.
