Flagstar Financial (FLG) Stock Price, News & Analysis

Company Overview

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. Its loan products comprise multi-family loans; commercial real estate loans; acquisition, development, and construction loans; commercial and industrial loans; one-to-four family loans; specialty finance loans and leases; warehouse loans; and other loans, such as home equity lines of credit, boat and recreational vehicle indirect lending, point of sale consumer loans, and other consumer loans, including overdraft loans. The company offers cash management products; non-deposit investment and insurance products; and online banking, mobile banking, and bank-by-phone services. It primarily serves individuals, small and mid-size businesses, and professional associations. The company was formerly known as New York Community Bancorp, Inc. and changed its name to Flagstar Financial, Inc. in October 2024. Flagstar Financial, Inc. was founded in 1859 and is headquartered in Hicksville, New York.

Key Stats

• Today's Range: $11.73 to $12.14
• 50-Day Range: N/A
• 52-Week Range: $5.10 to $34.47
• Volume: 1.23 million shs
• Average Volume: 8.14 million shs
• Market Capitalization: $4.91 billion
• P/E Ratio: N/A
• Dividend Yield: 0.34%
• Price Target: N/A
• Consensus Rating: N/A

FLG Stock Analysis - Frequently Asked Questions

How have FLG shares performed this year?

Flagstar Financial's stock was trading at $10.12 at the beginning of 2024. Since then, FLG shares have increased by 16.4% and is now trading at $11.78.
View the best growth stocks for 2024 here.

How do I buy shares of Flagstar Financial?

Shares of FLG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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Company Calendar

• Today: 11/26/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Savings institutions, except federal
• Sub-Industry: Banking
• Current Symbol: NYSE:FLG
• Previous Symbol: :
• CUSIP: N/A
• CIK: N/A
• Web: N/A
• Phone: (516) 683-4100
• Fax: 516-683-8385
• Employees: 8,766
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($4.3602)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-79,000,000.00
• Net Margins: -18.40%
• Pretax Margin: -61.60%
• Return on Equity: -11.35%
• Return on Assets: -0.78%

Debt

• Debt-to-Equity Ratio: 2.52
• Current Ratio: 1.14
• Quick Ratio: 1.12

Sales & Book Value

• Annual Sales: $8.20 billion
• Price / Sales: 0.62
• Cash Flow: $14.98 per share
• Price / Cash Flow: 0.82
• Book Value: $32.66 per share
• Price / Book: 0.38

Miscellaneous

• Outstanding Shares: 415,110,000
• Free Float: 388,631,000
• Market Cap: $5.10 billion
• Optionable: N/A
• Beta: 1.01