With 5.23 million shares changed hands, the volume of the stock remained lighter than its average volume of 7.34 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $11.715 whereas the lowest price it dropped to was $11.285. The 52-week range on NYCB shows that it touched its highest point at $34.50 and its lowest point at $5.10 during that stretch. It currently has a 1-year price target of $12.14. With its current market cap of 4.76 billion, NYCB has annualized dividend of $0.24 while the current yield stands at 2.09%. Beta for the stock currently stands at 0.99.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NYCB was up-trending over the past week, with a rise of 0.17%, but this was up by 7.91% over a month. Three-month performance surged to 18.63% while six-month performance rose 18.63%. The stock lost -66.34% in the past year, while it has lost -62.66% so far this year. A look at the trailing 12-month EPS for NYCB yields -12.87 with Next year EPS estimates of 0.07. For the next quarter, that number is -0.42. This implies an EPS growth rate of -126.88% for this year and 102.52% for next year.
Float and Shares Shorts:
At present, 415.26 million NYCB shares are outstanding with a float of 289.41 million shares on hand for trading. On 2024-09-13, short shares totaled 40.67 million, which was 1092.0 higher than short shares on 1723680000. In addition to Mr. Reginald E. Davis as the firm’s Senior Executive VP & President of Consumer and Corporate Banking, Mr. Lee Matthew Smith serves as its Senior Executive VP & President of Mortgage.
Institutional Ownership:
Through their ownership of 0.70154 of NYCB’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NYCB since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
