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 |
