In today’s recent session, 0.5 million shares of the Flagstar Financial Inc (NYSE:FLG) have been traded, and its beta is 1.01. Most recently the company’s share price was $10.82, and it changed around -$0.07 or -0.64% from the last close, which brings the market valuation of the company to $114.39M. FLG at last check was trading at a discount to its 52-week high of $34.47, offering almost -218.58% off that amount. The share price’s 52-week low was $5.10, which indicates that the recent value has risen by an impressive 52.87% since then. We note from Flagstar Financial Inc’s average daily trading volume that its 10-day average is 7.06 million shares, with the 3-month average coming to 6.22 million.

Flagstar Financial Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.69. If we narrow it down even further, the data shows that 0 out of 17 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 14 recommended FLG as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Flagstar Financial Inc is expected to report earnings per share of -0.51 for the current quarter.

Flagstar Financial Inc (NYSE:FLG) trade information

Instantly FLG has been showing red trend so far today with a performance of -0.64% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 11.53 on recent trading dayincreased the stock’s daily price by 6.16%. The company’s shares are currently down -64.74% year-to-date, but still down -4.08% over the last five days. On the other hand, Flagstar Financial Inc (NYSE:FLG) is -7.44% down in the 30-day period. We can see from the shorts that 39.34 million shares have been sold at a short interest cover period of 7.2 day(s).

The consensus price target as assigned by Wall Street analysts is $13, which translates to bulls needing to increase their stock price by 16.77% from its current value. Analyst projections state that FLG is forecast to be at a low of $13 and a high of $13.

Flagstar Financial Inc (FLG) estimates and forecasts

Flagstar Financial Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 5.15 percent over the past six months and at a -224.17% annual growth rate that is well below the industry average of -5.10%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 37.49% in revenue this quarter, and will report an increase of 64.39% in the next quarter. The year-over-year growth rate is expected to be -55.73%, down from the previous year.

Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 562.25M in revenue for the current quarter. 6 analysts expect Flagstar Financial Inc to make 556.24M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 886M and 633M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -36.54%. Forecasts for the next quarter put sales growth at -12.13%.

Flagstar Financial Inc earnings are expected to increase by -136.43% in 2024, but the outlook is positive 3.00% per year for the next five years.

FLG Dividends

Flagstar Financial Inc’s next quarterly earnings report is expected to be released on 2025-Jan-29. The annual dividend yield of the stock is 1.76 percent and its annual dividend per share was 0.19. It is important to note, however, that the 1.76% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 7.51 per year.