Flagstar Bancorp Inc (NYSE:FBC) has received a consensus rating of “Buy” from the six ratings firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $34.67.

FBC has been the topic of a number of research reports. Raymond James raised shares of Flagstar Bancorp from an “outperform” rating to a “strong-buy” rating in a research report on Wednesday, June 17th. Wedbush lowered their price target on shares of Flagstar Bancorp from $40.00 to $35.00 and set an “outperform” rating on the stock in a report on Friday, April 24th. ValuEngine lowered shares of Flagstar Bancorp from a “sell” rating to a “strong sell” rating in a report on Wednesday, May 27th. B. Riley boosted their price target on shares of Flagstar Bancorp from $27.00 to $30.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Zacks Investment Research raised shares of Flagstar Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, April 8th.

FBC stock traded down $0.18 on Tuesday, reaching $28.07. 173,012 shares of the company were exchanged, compared to its average volume of 276,971. Flagstar Bancorp has a 12 month low of $16.76 and a 12 month high of $40.00. The stock’s fifty day moving average price is $27.99 and its 200 day moving average price is $29.93. The firm has a market capitalization of $1.59 billion, a PE ratio of 7.07 and a beta of 1.72. The company has a debt-to-equity ratio of 3.98, a current ratio of 1.32 and a quick ratio of 1.00.

Flagstar Bancorp (NYSE:FBC) last announced its earnings results on Tuesday, April 28th. The savings and loans company reported $0.80 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.03. Flagstar Bancorp had a net margin of 15.48% and a return on equity of 11.85%. The business had revenue of $305.00 million for the quarter, compared to analyst estimates of $300.37 million. During the same quarter in the previous year, the firm posted $0.64 earnings per share. As a group, research analysts expect that Flagstar Bancorp will post 3.53 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.71%. The ex-dividend date was Friday, May 29th. Flagstar Bancorp’s dividend payout ratio (DPR) is presently 5.78%.

In other news, EVP James Ciroli bought 1,000 shares of Flagstar Bancorp stock in a transaction dated Thursday, April 30th. The shares were bought at an average price of $27.32 per share, for a total transaction of $27,320.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 37.70% of the company’s stock.

Several large investors have recently modified their holdings of FBC. Norges Bank acquired a new stake in shares of Flagstar Bancorp in the 4th quarter valued at $16,728,000. Nuveen Asset Management LLC lifted its position in Flagstar Bancorp by 41.3% during the 4th quarter. Nuveen Asset Management LLC now owns 1,367,892 shares of the savings and loans company’s stock worth $52,322,000 after buying an additional 399,856 shares in the last quarter. Wellington Management Group LLP lifted its position in Flagstar Bancorp by 26.5% during the 1st quarter. Wellington Management Group LLP now owns 1,895,258 shares of the savings and loans company’s stock worth $37,583,000 after buying an additional 397,256 shares in the last quarter. Renaissance Technologies LLC lifted its position in Flagstar Bancorp by 36.9% during the 4th quarter. Renaissance Technologies LLC now owns 990,661 shares of the savings and loans company’s stock worth $37,893,000 after buying an additional 267,100 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in Flagstar Bancorp by 1,890.7% during the 1st quarter. Victory Capital Management Inc. now owns 243,204 shares of the savings and loans company’s stock worth $4,823,000 after buying an additional 230,987 shares in the last quarter. Institutional investors own 96.60% of the company’s stock.

Flagstar Bancorp Company Profile

Flagstar Bancorp, Inc operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial and consumer banking services to individuals and businesses in the United States. Its Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer and commercial loans, commercial real estate loans, equipment finance and leasing, home builder finance loans, and warehouse lines of credit.

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