Flagstar Bancorp Inc (NYSE:FBC)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $30.21 and last traded at $30.31, with a volume of 1382 shares traded. The stock had previously closed at $32.87.

A number of equities analysts have issued reports on FBC shares. ValuEngine cut Flagstar Bancorp from a “sell” rating to a “strong sell” rating in a report on Tuesday, March 3rd. Piper Sandler upgraded Flagstar Bancorp from a “neutral” rating to an “overweight” rating and set a $39.00 price target on the stock in a report on Wednesday, February 26th. Finally, Wedbush restated an “outperform” rating on shares of Flagstar Bancorp in a report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $40.00.

The business has a fifty day moving average of $35.47 and a 200-day moving average of $36.82. The company has a debt-to-equity ratio of 2.97, a quick ratio of 0.82 and a current ratio of 1.22. The company has a market capitalization of $1.92 billion, a P/E ratio of 7.79 and a beta of 1.27.

Flagstar Bancorp (NYSE:FBC) last issued its earnings results on Tuesday, January 28th. The savings and loans company reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.05. Flagstar Bancorp had a return on equity of 11.79% and a net margin of 15.53%. The company had revenue of $314.00 million for the quarter, compared to analysts’ expectations of $306.93 million. During the same period last year, the business earned $0.72 EPS. Sell-side analysts anticipate that Flagstar Bancorp Inc will post 3.79 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a $0.05 dividend. This is a boost from Flagstar Bancorp’s previous quarterly dividend of $0.04. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date is Friday, February 28th. Flagstar Bancorp’s dividend payout ratio (DPR) is currently 5.78%.

In other news, EVP James Ciroli bought 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 29th. The shares were bought at an average cost of $35.35 per share, for a total transaction of $35,350.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 49.90% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Resources Management Corp CT ADV purchased a new stake in Flagstar Bancorp in the 3rd quarter valued at $37,000. DekaBank Deutsche Girozentrale purchased a new stake in Flagstar Bancorp in the 4th quarter valued at $43,000. PNC Financial Services Group Inc. raised its position in Flagstar Bancorp by 37.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,456 shares of the savings and loans company’s stock valued at $55,000 after buying an additional 394 shares during the last quarter. Ancora Advisors LLC purchased a new stake in Flagstar Bancorp in the 4th quarter valued at $55,000. Finally, Macquarie Group Ltd. purchased a new stake in Flagstar Bancorp in the 4th quarter valued at $63,000. 96.68% of the stock is owned by institutional investors and hedge funds.

Flagstar Bancorp Company Profile (NYSE:FBC)

Flagstar Bancorp, Inc operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial and consumer banking services to individuals and businesses in the United States. Its Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer and commercial loans, commercial real estate loans, equipment finance and leasing, home builder finance loans, and warehouse lines of credit.

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