Flagstar Bancorp (NYSE: FBC) recently received a number of ratings updates from brokerages and research firms:

  • 8/2/2017 – Flagstar Bancorp was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 7/28/2017 – Flagstar Bancorp was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $36.00 price target on the stock. According to Zacks, “Flagstar Bancorp, Inc. is the holding company for Flagstar Bank, FSB, a federally chartered stock savings bank. Through its retail banking centers and e-commerce distribution channels, Flagstar attracts deposits from the general public. The institution utilizes these deposits, along with other funds garnered from the secondary market, to originate or acquire loans on a nationwide basis. “
  • 7/26/2017 – Flagstar Bancorp had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $35.00 price target on the stock.
  • 7/26/2017 – Flagstar Bancorp had its “outperform” rating reaffirmed by analysts at FBR & Co. They now have a $35.00 price target on the stock, up previously from $32.00.
  • 7/17/2017 – Flagstar Bancorp was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 7/13/2017 – Flagstar Bancorp was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/11/2017 – Flagstar Bancorp was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Flagstar Bancorp, Inc. is the holding company for Flagstar Bank, FSB, a federally chartered stock savings bank. Through its retail banking centers and e-commerce distribution channels, Flagstar attracts deposits from the general public. The institution utilizes these deposits, along with other funds garnered from the secondary market, to originate or acquire loans on a nationwide basis. “
  • 6/13/2017 – Flagstar Bancorp had its “buy” rating reaffirmed by analysts at Boenning Scattergood.
  • 6/10/2017 – Flagstar Bancorp was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.

Shares of Flagstar Bancorp, Inc. (NYSE:FBC) traded up 0.06% on Tuesday, hitting $32.45. 125,776 shares of the stock were exchanged. The company has a market cap of $1.85 billion, a price-to-earnings ratio of 12.44 and a beta of 0.87. Flagstar Bancorp, Inc. has a 52-week low of $25.06 and a 52-week high of $33.44. The company has a 50 day moving average of $30.95 and a 200 day moving average of $28.89.

Flagstar Bancorp (NYSE:FBC) last released its quarterly earnings data on Tuesday, July 25th. The savings and loans company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.09. The firm had revenue of $97 million during the quarter, compared to analyst estimates of $87.95 million. Flagstar Bancorp had a return on equity of 10.29% and a net margin of 16.52%. The business’s quarterly revenue was up 26.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.66 earnings per share. Equities research analysts forecast that Flagstar Bancorp, Inc. will post $2.36 earnings per share for the current year.

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.

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