New York Community Bancorp, Inc. (NYSE:NYCB) reached a new 52-week low on Thursday . The stock traded as low as $10.11 and last traded at $10.11, with a volume of 752428 shares. The stock had previously closed at $10.51.

Several equities research analysts recently weighed in on NYCB shares. Credit Suisse Group reaffirmed a “neutral” rating and issued a $12.00 price objective on shares of New York Community Bancorp in a report on Tuesday, August 28th. ValuEngine raised shares of New York Community Bancorp from a “strong sell” rating to a “sell” rating in a report on Tuesday, September 4th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $11.00 price objective on shares of New York Community Bancorp in a report on Thursday, July 26th. Sandler O’Neill set a $14.00 price objective on shares of New York Community Bancorp and gave the stock a “buy” rating in a report on Wednesday, July 25th. Finally, B. Riley cut their price target on shares of New York Community Bancorp from $13.00 to $12.00 and set a “neutral” rating for the company in a report on Tuesday, June 19th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the stock. New York Community Bancorp presently has a consensus rating of “Hold” and an average target price of $12.59.

The company has a debt-to-equity ratio of 2.19, a quick ratio of 1.40 and a current ratio of 1.40. The firm has a market cap of $5.09 billion, a price-to-earnings ratio of 12.16, a PEG ratio of 1.28 and a beta of 0.65.

New York Community Bancorp (NYSE:NYCB) last issued its quarterly earnings results on Wednesday, July 25th. The financial services provider reported $0.20 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.20. New York Community Bancorp had a net margin of 25.81% and a return on equity of 6.67%. The company had revenue of $286.66 million during the quarter, compared to the consensus estimate of $287.86 million. During the same period in the prior year, the company earned $0.22 EPS. On average, research analysts anticipate that New York Community Bancorp, Inc. will post 0.81 EPS for the current year.

A number of hedge funds and other institutional investors have recently modified their holdings of NYCB. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in New York Community Bancorp by 11.2% during the 1st quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 30,036,275 shares of the financial services provider’s stock worth $391,372,000 after buying an additional 3,028,210 shares during the period. Dimensional Fund Advisors LP raised its holdings in New York Community Bancorp by 14.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 9,343,156 shares of the financial services provider’s stock worth $103,152,000 after buying an additional 1,191,952 shares during the period. Mondrian Investment Partners LTD raised its holdings in New York Community Bancorp by 0.3% during the 2nd quarter. Mondrian Investment Partners LTD now owns 5,483,324 shares of the financial services provider’s stock worth $60,536,000 after buying an additional 19,103 shares during the period. Bessemer Group Inc. raised its holdings in New York Community Bancorp by 0.3% during the 2nd quarter. Bessemer Group Inc. now owns 3,421,767 shares of the financial services provider’s stock worth $37,776,000 after buying an additional 9,899 shares during the period. Finally, Robeco Institutional Asset Management B.V. raised its holdings in New York Community Bancorp by 37.5% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 3,335,688 shares of the financial services provider’s stock worth $36,827,000 after buying an additional 908,997 shares during the period. 64.59% of the stock is owned by institutional investors.

New York Community Bancorp Company Profile (NYSE:NYCB)

New York Community Bancorp, Inc operates as a holding company for New York Community Bank and New York Commercial Bank that offer banking products and financial services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The company offers various deposit products that include checking and savings accounts, individual retirement accounts, certificates of deposit, NOW and money market accounts, and non-interest-bearing accounts.

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