Flagstar Financial Inc (NYSE:FLG)’s traded shares stood at 0.44 million during the latest session, with the company’s beta value hitting 1.14. At the last check today, the stock’s price was $11.97, to imply an increase of 1.57% or $0.19 in intraday trading. The FLG share’s 52-week high remains $13.35, putting it -11.53% down since that peak but still an impressive 28.49% since price per share fell to its 52-week low of $8.56. The company has a valuation of $4.97B, with an average of 6.06 million shares in intraday trading volume over the past 10 days and average of 6.23 million shares over the past 3 months.
Flagstar Financial Inc (NYSE:FLG) trade information
After registering a 1.57% upside in the latest session, Flagstar Financial Inc (FLG) has traded red over the past five days. The 5-day price performance for the stock is 2.00%, and 4.50% over 30 days. With these gigs, the year-to-date price performance is 28.24%. Short interest in Flagstar Financial Inc (NYSE:FLG) saw shorts transact 47.42 million shares and set a 7.98 days time to cover.
The extremes give us $13 and $13 for target low and target high price respectively. As such, FLG has been trading -8.6% off suggested target high and -8.6% from its likely low.
Flagstar Financial Inc (FLG) estimates and forecasts
The rating firms project that company’s revenue will shrink -14.11% compared to the previous financial year.
Revenue forecast for the current quarter as set by 6 analysts is 527.68M. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 564.55M.Earnings reports from the last fiscal year show that sales brought in 671M and 623M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -21.36% before dropping -9.38% in the following quarter.
FLG Dividends
Flagstar Financial Inc has its next earnings report out on 2025-Apr-24. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Flagstar Financial Inc has a forward dividend ratio of 0.04, with the share yield ticking at 0.33% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 7.09%.
Flagstar Financial Inc (NYSE:FLG)’s Major holders
Flagstar Financial Inc insiders hold 0.81% of total outstanding shares, with institutional holders owning 86.78% of the shares at 87.48% float percentage. In total, 86.78% institutions holds shares in the company.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Core S&P Mid-Cap ETF as the top two Mutual Funds with the largest holdings of the Flagstar Financial Inc (FLG) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 10.52 shares. This is just over 2.53% of the total shares, with a market valuation of $126.23 million. Data from the same date shows that the other fund manager holds a little less at 9.91, or 2.39% of the shares, all valued at about 118.86 million.
