Flagstar Bancorp, Inc. (NYSE:FBC) announced its quarterly earnings data on Tuesday. The savings and loans company reported $0.71 EPS for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.09, Morningstar.com reports. The business had revenue of $97 million during the quarter, compared to analyst estimates of $87.95 million. Flagstar Bancorp had a net margin of 17.51% and a return on equity of 10.74%. The firm’s revenue for the quarter was up 26.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.66 earnings per share.

Shares of Flagstar Bancorp (NYSE:FBC) opened at 30.09 on Tuesday. The company has a market cap of $1.72 billion, a PE ratio of 11.67 and a beta of 0.86. Flagstar Bancorp has a 1-year low of $25.06 and a 1-year high of $31.57. The company has a 50-day moving average of $30.53 and a 200-day moving average of $28.64.

A number of research analysts have recently commented on FBC shares. TheStreet raised shares of Flagstar Bancorp from a “c+” rating to a “b” rating in a research report on Wednesday, May 17th. ValuEngine raised shares of Flagstar Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Zacks Investment Research cut shares of Flagstar Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, May 9th. Wedbush raised shares of Flagstar Bancorp from a “neutral” rating to an “outperform” rating and set a $35.00 target price on the stock in a research note on Wednesday, April 26th. Finally, FBR & Co reissued an “outperform” rating on shares of Flagstar Bancorp in a research note on Tuesday, April 25th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. Flagstar Bancorp presently has a consensus rating of “Hold” and a consensus target price of $30.90.

A number of hedge funds have recently modified their holdings of FBC. Dimensional Fund Advisors LP boosted its stake in shares of Flagstar Bancorp by 5.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,869,233 shares of the savings and loans company’s stock valued at $80,884,000 after buying an additional 159,378 shares during the period. Vanguard Group Inc. boosted its stake in shares of Flagstar Bancorp by 1.3% in the first quarter. Vanguard Group Inc. now owns 2,626,980 shares of the savings and loans company’s stock valued at $74,055,000 after buying an additional 32,701 shares during the period. Nuveen Asset Management LLC boosted its stake in shares of Flagstar Bancorp by 125.4% in the first quarter. Nuveen Asset Management LLC now owns 578,255 shares of the savings and loans company’s stock valued at $16,301,000 after buying an additional 321,734 shares during the period. AQR Capital Management LLC boosted its stake in shares of Flagstar Bancorp by 54.2% in the first quarter. AQR Capital Management LLC now owns 442,062 shares of the savings and loans company’s stock valued at $12,462,000 after buying an additional 155,355 shares during the period. Finally, State Street Corp boosted its stake in shares of Flagstar Bancorp by 6.2% in the fourth quarter. State Street Corp now owns 401,195 shares of the savings and loans company’s stock valued at $10,808,000 after buying an additional 23,286 shares during the period. Institutional investors and hedge funds own 96.32% of the company’s stock.

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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.

Earnings History for Flagstar Bancorp (NYSE:FBC)

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