Flagstar Financial (FLG) Projected to Post Earnings on Friday

Flagstar Financial (NYSE:FLG - Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Friday, April 25th. Analysts expect the company to announce earnings of ($0.25) per share and revenue of $511.00 million for the quarter.

Flagstar Financial (NYSE:FLG - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The company reported ($0.34) earnings per share for the quarter, beating the consensus estimate of ($0.51) by $0.17. Flagstar Financial had a negative net margin of 17.16% and a negative return on equity of 10.72%. On average, analysts expect Flagstar Financial to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Flagstar Financial Price Performance

Shares of FLG stock traded up $0.23 during trading on Wednesday, hitting $11.21. 5,303,896 shares of the stock traded hands, compared to its average volume of 6,102,084. The company has a market capitalization of $4.65 billion, a price-to-earnings ratio of -3.04 and a beta of 1.17. Flagstar Financial has a 52-week low of $7.86 and a 52-week high of $13.35. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.10 and a quick ratio of 1.09. The firm's fifty day moving average price is $11.48.

Flagstar Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, March 7th were given a $0.01 dividend. The ex-dividend date was Friday, March 7th. This represents a $0.04 dividend on an annualized basis and a yield of 0.36%. Flagstar Financial's dividend payout ratio is currently -1.08%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on FLG shares. JPMorgan Chase & Co. boosted their price objective on shares of Flagstar Financial from $11.00 to $12.50 and gave the company a "neutral" rating in a report on Friday, January 31st. Citigroup raised shares of Flagstar Financial from a "neutral" rating to a "buy" rating and boosted their price target for the company from $13.50 to $15.00 in a research note on Friday, April 4th. Barclays increased their price objective on shares of Flagstar Financial from $13.00 to $14.00 and gave the stock an "overweight" rating in a research report on Friday, January 31st. Finally, DA Davidson raised Flagstar Financial from a "neutral" rating to a "buy" rating and boosted their target price for the company from $12.00 to $14.50 in a research report on Friday, January 31st. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $13.25.

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.