Flagstar Financial Inc (NYSE: FLG) is -61.88% lower on its value in year-to-date trading and has touched a low of $5.10 and a high of $34.47 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FLG stock was last observed hovering at around $10.78 in the last trading session, with the day’s gains setting it 0.92%.
Currently trading at $11.70, the stock is 7.99% and 4.64% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.55 million and changing 8.53% at the moment leaves the stock 9.97% off its SMA200. FLG registered -57.28% loss for a year compared to 6-month gain of 17.12%. The firm has a 50-day simple moving average (SMA 50) of $11.1814 and a 200-day simple moving average (SMA200) of $10.6392.
The stock witnessed a 1.74% loss in the last 1 month and extending the period to 3 months gives it a 4.93%, and is 9.76% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.37% over the week and 5.46% over the month.
Flagstar Financial Inc (FLG) has around 8766 employees, a market worth around $123.95M and $6.42B in sales. Profit margin for the company is -56.90%. Distance from 52-week low is 129.41% and -66.06% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.08%).
with sales reaching $562.25M over the same period.The EPS is expected to shrink by -136.43% this year, but quarterly earnings will post -55.73% year-over-year. Quarterly sales are estimated to shrink -36.54% in year-over-year returns.
Flagstar Financial Inc (FLG) Top Institutional Holders
The shares outstanding are 415.12M, and float is at 302.17M with Short Float at 13.02%.
Flagstar Financial Inc (FLG) Insider Activity
The most recent transaction is an insider purchase by Lux Marshall , the company’s Director. SEC filings show that Lux Marshall bought 27,100 shares of the company’s common stock on Mar 21 ’24 at a price of $3.69 per share for a total of $99891.0. Following the purchase, the insider now owns 64872.0 shares.
Flagstar Financial Inc disclosed in a document filed with the SEC on Feb 09 ’24 that Signorille-Browne Julie (SEVP & COO) bought a total of 2,000 shares of the company’s common stock. The trade occurred on Feb 09 ’24 and was made at $4.76 per share for $9520.0. Following the transaction, the insider now directly holds 22188.0 shares of the FLG stock.
Still, SEC filings show that on Feb 09 ’24, Davis Reginald E (Sr EVP & President of Banking) acquired 1,200 shares at an average price of $4.10 for $4920.0. The insider now directly holds 94,317 shares of Flagstar Financial Inc (FLG).
