New York Community Bancorp (NYSE:NYCB) Updates FY 2025 Earnings Guidance

New York Community Bancorp (NYSE:NYCB) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of -0.350–0.300 for the period, compared to the consensus earnings per share estimate of 0.050. The company issued revenue guidance of -. New York Community Bancorp also updated its FY 2024 guidance to -3.100–3.000 EPS.

Analyst Ratings Changes

Several research analysts have commented on NYCB shares. StockNews.com raised New York Community Bancorp to a “sell” rating in a research report on Friday, July 19th. Raymond James upgraded shares of New York Community Bancorp from an “underperform” rating to a “market perform” rating in a research report on Tuesday, September 17th. Citigroup raised their price objective on shares of New York Community Bancorp from $10.50 to $12.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 3rd. Keefe, Bruyette & Woods upped their target price on shares of New York Community Bancorp from $11.25 to $33.75 and gave the company a “market perform” rating in a report on Monday, July 15th. Finally, JPMorgan Chase & Co. raised their price target on New York Community Bancorp from $11.50 to $12.50 and gave the stock a “neutral” rating in a report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $17.48.

New York Community Bancorp Trading Down 8.3 %

Shares of New York Community Bancorp stock traded down $0.95 during trading hours on Friday, reaching $10.55. 18,531,372 shares of the company’s stock were exchanged, compared to its average volume of 8,349,230. New York Community Bancorp has a 52-week low of $5.10 and a 52-week high of $34.47. The company has a fifty day moving average of $11.11 and a 200-day moving average of $12.19. The company has a current ratio of 1.27, a quick ratio of 1.17 and a debt-to-equity ratio of 3.66. The firm has a market capitalization of $4.38 billion, a price-to-earnings ratio of -3.82 and a beta of 1.00.

New York Community Bancorp (NYSE:NYCB) last released its earnings results on Friday, October 25th. The financial services provider reported ($0.69) earnings per share for the quarter, missing the consensus estimate of ($0.40) by ($0.29). The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $621.72 million. New York Community Bancorp had a negative return on equity of 4.49% and a negative net margin of 10.78%. During the same quarter last year, the company posted $1.08 earnings per share. Sell-side analysts forecast that New York Community Bancorp will post -2.41 EPS for the current fiscal year.

New York Community Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Saturday, December 7th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.38%. New York Community Bancorp’s payout ratio is currently -1.45%.

New York Community Bancorp Company Profile

New York Community Bancorp, Inc operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company's deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit.