New York Community Bancorp Inc. (NYSE: NYCB) Rise 21.33%, Predicting What To Expect In The Near Future

During the last session, New York Community Bancorp Inc. (NYSE:NYCB)’s traded shares were 10.67 million, with the beta value of the company hitting 0.99. At the end of the trading day, the stock’s price was $11.44, reflecting an intraday gain of 8.44% or $0.89. The 52-week high for the NYCB share is $42.66, that puts it down -272.9 from that peak though still a striking 55.42% gain since the share price plummeted to a 52-week low of $5.10. The company’s market capitalization is $4.02B, and the average trade volume was 5.81 million shares over the past three months.

New York Community Bancorp Inc. (NYCB) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.78. NYCB has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight.

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New York Community Bancorp Inc. (NYSE:NYCB) trade information

New York Community Bancorp Inc. (NYCB) registered a 8.44% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 8.44% in intraday trading to $11.44, hitting a weekly high. The stock’s 5-day price performance is 9.89%, and it has moved by 25.03% in 30 days. Based on these gigs, the overall price performance for the year is -67.68%.

The extremes of the forecast give a target low and a target high price of $3.5 and $9 respectively. As a result, NYCB is trading at a premium of 21.33% off the target high and 69.41% off the low.

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 -61.17% during the last six months, with a year-to-date growth rate less than the industry average at -161.67% against -10.80.

While earnings are projected to return -119.60% 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 August. 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 0.40, with the dividend yield indicating at 3.50 percent, continuing the trend of increasing dividends in recent years.

New York Community Bancorp Inc. (NYSE:NYCB)’s Major holders