New York Community Bancorp (NYSE:NYCB – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 0.750-0.800 for the period. The company issued revenue guidance of -. New York Community Bancorp also updated its FY 2024 guidance to -3.100–3.000 EPS.
Analyst Ratings Changes
Several equities research analysts have commented on the stock. StockNews.com raised shares of New York Community Bancorp to a “sell” rating in a research note on Friday, July 19th. Raymond James upgraded shares of New York Community Bancorp from an “underperform” rating to a “market perform” rating in a research report on Tuesday, September 17th. Wedbush reaffirmed a “neutral” rating and set a $31.50 price objective on shares of New York Community Bancorp in a research note on Friday, July 26th. Citigroup increased their price target on New York Community Bancorp from $10.50 to $12.00 and gave the stock a “neutral” rating in a report on Wednesday, July 3rd. Finally, Keefe, Bruyette & Woods raised their price target on New York Community Bancorp from $11.25 to $33.75 and gave the stock a “market perform” rating in a research report on Monday, July 15th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, New York Community Bancorp presently has an average rating of “Hold” and an average price target of $17.48.
Read Our Latest Stock Report on NYCB
New York Community Bancorp Stock Down 8.3 %
New York Community Bancorp (NYSE:NYCB – Get Free Report) last issued its quarterly earnings results on Friday, October 25th. The financial services provider reported ($0.69) EPS for the quarter, missing the consensus estimate of ($0.40) by ($0.29). The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $621.72 million. New York Community Bancorp had a negative return on equity of 4.49% and a negative net margin of 10.78%. During the same period last year, the firm earned $1.08 earnings per share. Analysts anticipate that New York Community Bancorp will post -2.41 earnings per share for the current year.
New York Community Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Saturday, December 7th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.38%. New York Community Bancorp’s dividend payout ratio is -1.45%.
New York Community Bancorp Company Profile
New York Community Bancorp, 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.
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