Flagstar Bancorp, Inc. (NYSE:FBC) has received an average rating of “Buy” from the eleven research firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $35.25.

FBC has been the topic of several recent analyst reports. TheStreet upgraded shares of Flagstar Bancorp from a “c+” rating to a “b” rating in a research report on Wednesday, May 17th. Boenning Scattergood restated a “buy” rating on shares of Flagstar Bancorp in a research report on Tuesday, June 13th. ValuEngine upgraded shares of Flagstar Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Piper Jaffray Companies restated a “buy” rating and set a $35.00 price objective on shares of Flagstar Bancorp in a research report on Wednesday, July 26th. Finally, Zacks Investment Research upgraded shares of Flagstar Bancorp from a “hold” rating to a “buy” rating and set a $36.00 price objective on the stock in a research report on Friday, July 28th.

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Flagstar Bancorp (NYSE:FBC) traded down 0.47% on Tuesday, hitting $31.98. 139,989 shares of the stock were exchanged. The firm has a market cap of $1.83 billion, a P/E ratio of 12.26 and a beta of 0.87. Flagstar Bancorp has a 12 month low of $25.06 and a 12 month high of $33.44. The company has a 50-day moving average of $31.30 and a 200 day moving average of $29.27.

Flagstar Bancorp (NYSE:FBC) last announced its quarterly earnings data on Tuesday, July 25th. The savings and loans company reported $0.71 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.62 by $0.09. The firm had revenue of $97 million for the quarter, compared to the consensus estimate of $87.95 million. Flagstar Bancorp had a net margin of 16.52% and a return on equity of 10.15%. The company’s revenue was up 26.0% on a year-over-year basis. During the same period last year, the firm earned $0.66 EPS. Equities research analysts expect that Flagstar Bancorp will post $2.36 earnings per share for the current fiscal year.

Institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP boosted its position in Flagstar Bancorp by 8.1% in the second quarter. Dimensional Fund Advisors LP now owns 3,102,158 shares of the savings and loans company’s stock valued at $95,609,000 after buying an additional 232,925 shares during the last quarter. Vanguard Group Inc. boosted its position in 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 last quarter. Ameriprise Financial Inc. boosted its position in Flagstar Bancorp by 9.1% in the second quarter. Ameriprise Financial Inc. now owns 629,571 shares of the savings and loans company’s stock valued at $19,401,000 after buying an additional 52,696 shares during the last quarter. Nuveen Asset Management LLC boosted its position in 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 last quarter. Finally, Teachers Advisors LLC boosted its position in Flagstar Bancorp by 16.3% in the second quarter. Teachers Advisors LLC now owns 456,739 shares of the savings and loans company’s stock valued at $14,077,000 after buying an additional 63,963 shares during the last quarter. 95.86% of the stock is owned by institutional investors.

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.

Analyst Recommendations for Flagstar Bancorp (NYSE:FBC)

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