Consider This Before Taking a Position in NYCB

Shares of Finance sector company New York Community Bancorp moved 0.6% today, and are now trading at a price of $9.12. The mid-cap stock's daily volume was 4,170,942 compared to its average volume of 8,987,726. The S&P 500 index returned a 0.0% performance.

New York Community Bancorp, Inc. operates as the bank holding company for Flagstar Bank, N. The company is based in Hicksville and has 7,497 full time employees. Its market capitalization is $6,589,090,304. New York Community Bancorp currently offers its equity investors a dividend that yields 7.5% per year.

17 analysts are following New York Community Bancorp and have set target prices ranging from $8.0 to $16.0 per share. On average, they have given the company a rating of buy. At today's prices, NYCB is trading -28.97% away from its average analyst target price of $12.84 per share.

Over the last year, NYCB shares have gone down by -2.0%, which represents a difference of -16.0% when compared to the S&P 500. The stock's 52 week high is $14.22 per share and its 52 week low is $5.81. Although New York Community Bancorp's average free cash flow over the last 6 years has been $291.25 Million, they have been decreasing at an average rate of -14.5%. For this reason, investors may continue to shun the stock.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 -943,000 3,000 -946,000 -192.47
2022 1,026,000 3,000 1,023,000 257.69
2021 290,000 4,000 286,000 -14.63
2020 334,000 -1,000 335,000 -35.45
2019 510,000 -9,000 519,000 -2.17
2018 540,355 9,847 530,508
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.