Several brokerages have updated their recommendations and price targets on shares of Flagstar Bancorp (NYSE: FBC) in the last few weeks:

  • 10/6/2017 – Flagstar Bancorp had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $35.00 price target on the stock.
  • 10/2/2017 – Flagstar Bancorp was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating.
  • 9/26/2017 – Flagstar Bancorp was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $38.00 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. “
  • 9/25/2017 – 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. “
  • 9/19/2017 – Flagstar Bancorp was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $38.00 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. “
  • 9/18/2017 – 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. “
  • 9/7/2017 – 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.

Shares of Flagstar Bancorp, Inc. (NYSE:FBC) opened at 35.78 on Friday. Flagstar Bancorp, Inc. has a 1-year low of $25.06 and a 1-year high of $36.40. The company has a 50-day moving average of $33.93 and a 200-day moving average of $31.06. The firm has a market cap of $2.05 billion, a PE ratio of 13.71 and a beta of 0.83.

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 (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.09. The firm had revenue of $97.00 million during the quarter, compared to analysts’ expectations of $87.95 million. Flagstar Bancorp had a return on equity of 10.15% and a net margin of 16.52%. Flagstar Bancorp’s revenue was up 26.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.66 earnings per share. Analysts predict that Flagstar Bancorp, Inc. will post $2.37 earnings per share for the current fiscal 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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