Flagstar Financial Inc (NYSE: FLG) is 25.51% higher on its value in year-to-date trading and has touched a low of $5.10 and a high of $14.43 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FLG stock was last observed hovering at around $12.00 in the last trading session, with the day’s loss setting it -0.29%.
Currently trading at $11.71, the stock is -5.22% and 10.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.15 million and changing -2.42% at the moment leaves the stock 9.90% off its SMA200. FLG registered -14.02% loss for a year compared to 6-month gain of 10.26%.
The stock witnessed a 5.88% loss in the last 1 month and extending the period to 3 months gives it a -0.85%, and is -2.98% down 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 3.53% over the week and 4.46% over the month.
Flagstar Financial Inc (FLG) has around 8766 employees, a market worth around $4.86B and $6.36B in sales. Fwd P/E is 17.35. Profit margin for the company is -17.68%. Distance from 52-week low is 129.61% and -18.85% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.97%).
with sales reaching $515.9M over the same period.The EPS is expected to grow by 89.86% this year, but quarterly earnings will post -12.79% year-over-year. Quarterly sales are estimated to shrink -18.50% in year-over-year returns.
Flagstar Financial Inc (FLG) Top Institutional Holders
The shares outstanding are 414.93M, and float is at 299.23M with Short Float at 15.59%.
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 (FLG): Who are the competitors?
The company’s main competitors (and peers) include Northwest Bancshares Inc. (NWBI) that is trading 9.42% up over the past 12 months. WVS Financial Corp. (WVFC) that is -0.80% lower over the same period.
