In last trading session, Flagstar Financial Inc (NYSE:FLG) saw 8.81 million shares changing hands with its beta currently measuring 1.02. Company’s recent per share price level of $11.04 trading at -$0.62 or -5.32% at ring of the bell on the day assigns it a market valuation of $4.58B. That closing price of FLG’s stock is at a discount of -212.23% from its 52-week high price of $34.47 and is indicating a premium of 53.8% from its 52-week low price of $5.10. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 8.71 million shares which gives us an average trading volume of 6.23 million if we extend that period to 3-months.
Flagstar Financial Inc (NYSE:FLG) trade information
Upright in the red during last session for losing -5.32%, in the last five days FLG remained trading in the green while hitting it’s week-highest on Wednesday, 11/06/24 when the stock touched $11.04 price level, adding 9.14% to its value on the day. Flagstar Financial Inc’s shares saw a change of -64.03% in year-to-date performance and have moved 9.09% in past 5-day. Flagstar Financial Inc (NYSE:FLG) showed a performance of 0.36% in past 30-days. Number of shares sold short was 39.32 million shares which calculate 6.28 days to cover the short interests.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Wall Street analysts have assigned a consensus price target of 13 to the stock, which implies a rise of 15.08% to its current value. Analysts have been projecting 13 as a low price target for the stock while placing it at a high target of 13. It follows that stock’s current price would drop -17.75% in reaching the projected high whereas dropping to the targeted low would mean a loss of -17.75% for stock’s current value.
Flagstar Financial Inc (FLG) estimates and forecasts
Statistics highlight that Flagstar Financial Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 2.51% of value to its shares in past 6 months, showing an annual growth rate of -224.17% while that of industry is -5.10. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -37.70% from the last financial year’s standing.
10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 506.73M for the same. And 10 analysts are in estimates of company making revenue of 497.22M in the next quarter. Company posted 740M and 624M of sales in current and next quarters respectively a year earlier.
FLG Dividends
Flagstar Financial Inc is more likely to be releasing its next quarterly report in December and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 0.63%, the share has a forward dividend of 0.07 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 7.51%.
