The trading price of Flagstar Financial Inc (NYSE:FLG) floating lower at last check on current market day and closing at $10.65, -0.12% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $10.55 and $10.76. In examining the 52-week price action we see that the stock hit a 52-week high of $34.47 and a 52-week low of $5.10. Over the past month, the stock has lost -12.58% in value.
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Flagstar Financial Inc, whose market valuation is $4.36 billion at the time of this writing, is expected to release its quarterly earnings report on 2025-Jan-29. The dividend yield on the company stock is 1.78%, while its Forward Dividend ratio is 0.19. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -0.51 per share this quarter, however they have predicted annual earnings per share of -2.88 for current year and -0.38 for next year.
Analysts have forecast the company to bring in revenue of 562.25M for the current quarter, with the likely lows of 545.1M and highs of 602M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 2.56B.
On the technical side, indicators suggest FLG has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently Hold.
A quick review shows that FLG’s price is currently -2.30% off the SMA20 and -4.14% off the SMA50. The RSI metric on the 14-day chart is currently showing 44.93, and weekly volatility stands at 4.85%. When measured over the past 30 days, the indicator reaches 5.37%. Flagstar Financial Inc (NYSE:FLG)’s beta value is currently sitting at 1.00, while the Average True Range indicator is currently displaying 0.55. With analysts defining $13-$13 as the low and high price targets, we arrive at a consensus price target of $13 for the trailing 12-month period. The current price is about -22.07% off the estimated low and -22.07% off the forecast high, based on this estimate. Investors will be thrilled if FLG’s share price rises to $13, which is the median consensus price. At that level, FLG’s share price would be -22.07% below current price.
To see how Flagstar Financial Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: FLG stock’s performance was -0.12% at last check in today’s session, and -60.87% in the past year.
An evaluation of the daily trading volume of Flagstar Financial Inc (NYSE:FLG) indicates that the 3-month average is 6.26 million. However, this figure has increased over the past 10 days to an average of 7.15.
Currently, records show that 415.12 million of the company’s shares remain outstanding. The insiders hold 27.21% of outstanding shares, whereas institutions hold 56.24%. The stats also highlight that short interest as of 2024-10-31, stood at 39.34 million shares, resulting in a short ratio of 7.2 at that time. From this, we can conclude that short interest is 1059.00 of the company’s total outstanding shares. It is noteworthy that short shares in October were up slightly from the previous month’s figure, which was 39.03 million. However, since the stock’s price has seen -65.31% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
