Media stories about New York Community Bancorp (NYSE:NYCB) have been trending somewhat positive on Saturday, according to Alpha One Sentiment. Alpha One, a subsidiary of Accern, rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. New York Community Bancorp earned a news impact score of 0.02 on Alpha One’s scale. Alpha One also assigned news stories about the financial services provider an impact score of 72 out of 100, indicating that recent press coverage is likely to have an impact on the stock’s share price in the next several days.
New York Community Bancorp (NYSE:NYCB) opened at 12.99 on Friday. The firm has a 50-day moving average price of $13.40 and a 200 day moving average price of $14.86. The stock has a market cap of $6.35 billion, a PE ratio of 13.67 and a beta of 0.65. New York Community Bancorp has a 52-week low of $12.67 and a 52-week high of $17.68.
New York Community Bancorp (NYSE:NYCB) last posted its quarterly earnings results on Wednesday, April 26th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by $0.02. New York Community Bancorp had a return on equity of 8.22% and a net margin of 27.21%. The company had revenue of $327.09 million during the quarter, compared to the consensus estimate of $342.04 million. During the same quarter in the prior year, the business earned $0.27 earnings per share. Equities analysts anticipate that New York Community Bancorp will post $0.82 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 19th. Investors of record on Monday, May 8th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 5.28%. The ex-dividend date of this dividend was Thursday, May 4th. New York Community Bancorp’s payout ratio is presently 66.67%.
A number of equities analysts recently issued reports on NYCB shares. Stephens began coverage on New York Community Bancorp in a report on Wednesday, April 5th. They issued an “equal weight” rating for the company. FBR & Co decreased their price objective on New York Community Bancorp from $14.00 to $13.00 and set an “underperform” rating for the company in a report on Friday, April 7th. Keefe, Bruyette & Woods set a $15.00 price objective on New York Community Bancorp and gave the company a “hold” rating in a report on Tuesday, April 4th. Barclays PLC decreased their price objective on New York Community Bancorp from $16.00 to $15.00 and set an “equal weight” rating for the company in a report on Thursday, January 26th. Finally, FIG Partners reissued a “market-perform” rating on shares of New York Community Bancorp in a report on Tuesday, March 14th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the company. New York Community Bancorp has an average rating of “Hold” and an average price target of $14.69.
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New York Community Bancorp Company Profile
New York Community Bancorp, Inc is a multi-bank holding company. The Company operates through its subsidiaries, New York Community Bank (the Community Bank) and New York Commercial Bank (the Commercial Bank) (collectively, the Banks). The Company’s operations are divided into two segments: Banking Operations and Residential Mortgage Banking.
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