DA Davidson Has Bullish Estimate for FLG FY2026 Earnings

Flagstar Financial, Inc. (NYSE:FLG) – Analysts at DA Davidson upped their FY2026 earnings estimates for Flagstar Financial in a report released on Thursday, June 26th. DA Davidson analyst P. Winter now anticipates that the company will post earnings of $0.72 per share for the year, up from their previous forecast of $0.68. DA Davidson currently has a “Buy” rating and a $14.50 price target on the stock. The consensus estimate for Flagstar Financial’s current full-year earnings is ($0.31) per share.

Flagstar Financial (NYSE:FLG) last announced its quarterly earnings results on Friday, April 25th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.26) by $0.03. Flagstar Financial had a negative net margin of 14.21% and a negative return on equity of 9.68%. The company had revenue of $490.00 million for the quarter, compared to analysts’ expectations of $511.00 million. The business’s quarterly revenue was down 22.6% compared to the same quarter last year.

Other equities analysts have also recently issued research reports about the stock. Citigroup boosted their price target on shares of Flagstar Financial from $15.00 to $15.50 and gave the company a “buy” rating in a research report on Thursday, May 15th. Stephens reiterated an “equal weight” rating and set a $12.50 price target on shares of Flagstar Financial in a research report on Thursday, June 12th. Wall Street Zen cut shares of Flagstar Financial from a “hold” rating to a “sell” rating in a research report on Thursday, May 22nd. Truist Financial began coverage on shares of Flagstar Financial in a research report on Tuesday, May 13th. They set a “hold” rating and a $13.00 price target on the stock. Finally, Jefferies Financial Group began coverage on shares of Flagstar Financial in a report on Wednesday, May 21st. They issued a “buy” rating and a $15.00 price objective on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $13.39.

Flagstar Financial Price Performance

Shares of NYSE FLG opened at $10.84 on Friday. Flagstar Financial has a 1 year low of $8.56 and a 1 year high of $13.35. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.06 and a quick ratio of 1.06. The company’s 50-day moving average is $11.67 and its 200 day moving average is $11.13. The stock has a market capitalization of $4.50 billion, a P/E ratio of -4.17 and a beta of 1.13.

Institutional Investors Weigh In On Flagstar Financial

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. purchased a new stake in Flagstar Financial in the first quarter worth about $45,000. Brooklyn Investment Group bought a new position in shares of Flagstar Financial in the first quarter worth approximately $51,000. Arete Wealth Advisors LLC bought a new position in shares of Flagstar Financial in the first quarter worth approximately $94,000. Bayforest Capital Ltd bought a new position in shares of Flagstar Financial in the first quarter worth approximately $97,000. Finally, Strs Ohio bought a new position in shares of Flagstar Financial in the first quarter worth approximately $102,000. Hedge funds and other institutional investors own 67.88% of the company’s stock.

Flagstar Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 17th. Shareholders of record on Saturday, June 7th were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date of this dividend was Friday, June 6th. Flagstar Financial’s dividend payout ratio (DPR) is presently -1.54%.

Flagstar Financial Company Profile

Flagstar Financial, Inc operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company’s deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit.