New York Community Bancorp (NYSE:NYCB) Earning Somewhat Positive News Coverage, Report Shows
News headlines about New York Community Bancorp (NYSE:NYCB) have trended somewhat positive on Saturday, Accern reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. New York Community Bancorp earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.5713167198239 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern’s scoring:
- Even Extraordinary Banks Make Mistakes (finance.yahoo.com)
- Buys New Stake in New York Community Bancorp, Inc. (NYSE:NYCB) (famososartistas.com)
- 3 High-Yield Bank Stocks (finance.yahoo.com)
- New York Community Bancorp (NYCB) Earns News Impact Score of 0.34 (vothemes.com)
- New York Community Bancorp, Inc. (NYCB) Upgraded to Sell by BidaskClub (ismboard.com)
Shares of New York Community Bancorp (NYSE:NYCB) opened at 12.22 on Friday. The company’s 50 day moving average is $12.96 and its 200-day moving average is $13.72. New York Community Bancorp has a 1-year low of $12.17 and a 1-year high of $17.68. The company has a market capitalization of $5.98 billion, a P/E ratio of 13.31 and a beta of 0.58.
New York Community Bancorp (NYSE:NYCB) last released its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.03. The company had revenue of $338.21 million during the quarter, compared to analyst estimates of $326.36 million. New York Community Bancorp had a net margin of 25.67% and a return on equity of 7.46%. During the same quarter in the previous year, the business posted $0.26 EPS. On average, equities research analysts forecast that New York Community Bancorp will post $0.83 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 18th. Shareholders of record on Monday, August 7th will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, August 3rd. This represents a $0.68 dividend on an annualized basis and a yield of 5.56%. New York Community Bancorp’s dividend payout ratio (DPR) is presently 73.91%.
NYCB has been the topic of a number of research reports. BidaskClub lowered shares of New York Community Bancorp from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 19th. Zacks Investment Research raised shares of New York Community Bancorp from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Morgan Stanley reissued an “equal weight” rating and set a $13.75 price target (down from $14.00) on shares of New York Community Bancorp in a research note on Friday, July 7th. ValuEngine raised shares of New York Community Bancorp from a “hold” rating to a “buy” rating in a research note on Thursday, May 11th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $13.50 price target on shares of New York Community Bancorp in a research note on Wednesday, April 26th. Two research analysts have rated the stock with a sell rating and ten have issued a hold rating to the stock. New York Community Bancorp currently has a consensus rating of “Hold” and an average target price of $14.46.
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About New York Community Bancorp
New York Community Bancorp, Inc is a multi-bank holding company. The Company operates through its subsidiaries, New York Community Bank (the Community Bank) and New York Commercial Bank (the Commercial Bank) (collectively, the Banks). The Company’s operations are divided into two segments: Banking Operations and Residential Mortgage Banking.
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