Flagstar Financial Inc (NYSE:FLG) has a beta value of 1.16 and has seen 0.54 million shares traded in the recent trading session. The company, currently valued at $4.69B, closed the recent trade at $11.31 per share which meant it gained $0.08 on the day or 0.71% during that session. The FLG stock price is -18.04% off its 52-week high price of $13.35 and 30.5% above the 52-week low of $7.86. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.98 million shares traded. The 3-month trading volume is 6.64 million shares.
Flagstar Financial Inc (NYSE:FLG) trade information
Sporting 0.71% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the FLG stock price touched $11.31 or saw a rise of 4.8%. Year-to-date, Flagstar Financial Inc shares have moved 21.22%, while the 5-day performance has seen it change -3.66%. Over the past 30 days, the shares of Flagstar Financial Inc (NYSE:FLG) have changed -7.97%. Short interest in the company has seen 41.97 million shares shorted with days to cover at 5.82.
Wall Street analysts have a consensus price target for the stock at $13, which means that the shares’ value could jump 13.0% from the levels at last check today. The projected low price target is $13.0 while the price target rests at a high of $13.0. In that case, then, we find that the latest price level in today’s session is -14.94% off the targeted high while a plunge would see the stock gain -14.94% from the levels at last check today.
Flagstar Financial Inc (FLG) estimates and forecasts
The company’s shares have gained 6.10% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -12.79%.
6 analysts offering their estimates for the company have set an average revenue estimate of 515.9M for the current quarter. 6 have an estimated revenue figure of 540.28M for the next ending quarter. Year-ago sales stood 633M and 671M respectively for this quarter and the next, and analysts expect sales will shrink by -18.50% for the current quarter and -12.79% for the next.
FLG Dividends
Flagstar Financial Inc is expected to release its next earnings report on 2025-Jan-29 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.06 at a share yield of 0.53%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 7.3%.
Flagstar Financial Inc (NYSE:FLG)’s Major holders
Insiders own 0.48% of the company shares, while shares held by institutions stand at 86.54% with a share float percentage of 86.96%. Investors are also buoyed by the number of investors in a company, with Flagstar Financial Inc having a total of 472.0 institutions that hold shares in the company.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and SPDR (R) Ser Tr-S&P Regional Banking ETF. As of Dec 31, 2024, the former fund manager holds about 2.54% shares in the company for having 10.52 shares of worth $118.86 million while later fund manager owns 9.98 shares of worth $112.79 million as of Dec 31, 2024, which makes it owner of about 2.41% of company’s outstanding stock.
