A number of research firms have changed their ratings and price targets for Flagstar Bancorp (NYSE: FBC):

  • 9/7/2017 – 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. “
  • 9/6/2017 – 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. “
  • 9/1/2017 – Flagstar Bancorp was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 8/31/2017 – Flagstar Bancorp is now covered by analysts at Raymond James Financial, Inc.. They set an “outperform” rating and a $36.00 price target on the stock.
  • 8/28/2017 – Flagstar Bancorp had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $35.00 price target on the stock.
  • 8/23/2017 – Flagstar Bancorp was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $35.00 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. “
  • 8/22/2017 – 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. “
  • 8/19/2017 – Flagstar Bancorp was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 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.

Shares of Flagstar Bancorp, Inc. (FBC) traded up 0.82% during mid-day trading on Friday, hitting $33.30. The company had a trading volume of 171,420 shares. Flagstar Bancorp, Inc. has a 1-year low of $25.06 and a 1-year high of $33.44. The company has a 50-day moving average price of $32.20 and a 200-day moving average price of $30.03. The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of 12.76 and a beta of 0.86.

Flagstar Bancorp (NYSE:FBC) last issued its quarterly earnings data on Tuesday, July 25th. The savings and loans company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.62 by $0.09. Flagstar Bancorp had a return on equity of 10.15% and a net margin of 16.52%. The firm had revenue of $97.00 million during the quarter, compared to analyst estimates of $87.95 million. During the same quarter in the prior year, the business posted $0.66 EPS. The business’s revenue for the quarter was up 26.0% compared to the same quarter last year. On average, equities analysts anticipate that Flagstar Bancorp, Inc. will post $2.37 EPS 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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