Flagstar Bancorp (NYSE:FBC) Receives News Impact Rating of 0.19
Press coverage about Flagstar Bancorp (NYSE:FBC) has been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Flagstar Bancorp earned a news impact score of 0.19 on Accern’s scale. Accern also assigned news coverage about the savings and loans company an impact score of 46.5134847651457 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Flagstar Bancorp, Inc. (NYSE:FBC) Upgraded at ValuEngine (americanbankingnews.com)
- Flagstar Hires Kristy Fercho as President of Mortgage (finance.yahoo.com)
- Flagstar Bancorp, Inc. (FBC) Reached a New 52-Week High (highlightpress.com)
- Flagstar Announces Closing of Inaugural RMBS Securitization (finance.yahoo.com)
- Flagstar Bancorp, Inc. – Value Analysis (NYSE:FBC) : July 31, 2017 (finance.yahoo.com)
FBC has been the topic of a number of analyst reports. FBR & Co reiterated an “outperform” rating on shares of Flagstar Bancorp in a research report on Tuesday, April 25th. Zacks Investment Research upgraded shares of Flagstar Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, April 26th. BidaskClub upgraded shares of Flagstar Bancorp from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 10th. ValuEngine upgraded shares of Flagstar Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, TheStreet upgraded shares of Flagstar Bancorp from a “c+” rating to a “b” rating in a research report on Wednesday, May 17th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $35.25.
Shares of Flagstar Bancorp (NYSE:FBC) opened at 32.42 on Monday. The firm’s 50 day moving average is $30.95 and its 200 day moving average is $28.89. Flagstar Bancorp has a 12 month low of $25.06 and a 12 month high of $33.44. The stock has a market capitalization of $1.85 billion, a price-to-earnings ratio of 12.43 and a beta of 0.87.
Flagstar Bancorp (NYSE:FBC) last released its quarterly earnings results on Tuesday, July 25th. The savings and loans company reported $0.71 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.09. Flagstar Bancorp had a return on equity of 10.29% and a net margin of 16.52%. The company had revenue of $97 million during the quarter, compared to analysts’ expectations of $87.95 million. During the same quarter in the prior year, the business posted $0.66 earnings per share. The company’s revenue for the quarter was up 26.0% compared to the same quarter last year. On average, equities analysts predict that Flagstar Bancorp will post $2.36 earnings per share for the current fiscal year.
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About Flagstar Bancorp
Flagstar Bancorp, Inc is a savings and loan holding company. The Company’s business is primarily conducted through its principal subsidiary, Flagstar Bank, FSB. It operates through four segments: Community Banking, Mortgage Originations, Mortgage Servicing, and Other. Through Mortgage Originations segment, it originates, acquires and sells one- to four-family residential mortgage loans.
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