New York Community Bancorp (NYSE:NYCB) Issues FY 2027 Earnings Guidance

New York Community Bancorp (NYSE:NYCB) issued an update on its FY 2027 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 2.100-2.200 for the period. The company issued revenue guidance of -. New York Community Bancorp also updated its FY 2024 guidance to -3.100–3.000 EPS.

Analysts Set New Price Targets

Several research firms recently commented on NYCB. Wedbush reissued a “neutral” rating and set a $31.50 price objective on shares of New York Community Bancorp in a research note on Friday, July 26th. JPMorgan Chase & Co. boosted their price objective on shares of New York Community Bancorp from $11.50 to $12.50 and gave the stock a “neutral” rating in a research note on Wednesday, October 9th. StockNews.com upgraded shares of New York Community Bancorp to a “sell” rating in a research note on Friday, July 19th. Citigroup upped their target price on shares of New York Community Bancorp from $10.50 to $12.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 3rd. Finally, Keefe, Bruyette & Woods upped their target price on shares of New York Community Bancorp from $11.25 to $33.75 and gave the stock a “market perform” rating in a research note on Monday, July 15th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $17.48.

New York Community Bancorp Stock Down 8.3 %

Shares of NYCB stock opened at $10.55 on Monday. New York Community Bancorp has a 12 month low of $5.10 and a 12 month high of $34.47. The stock has a market cap of $4.38 billion, a P/E ratio of -3.82 and a beta of 1.00. The company has a current ratio of 1.27, a quick ratio of 1.17 and a debt-to-equity ratio of 3.66. The company has a 50 day simple moving average of $11.11 and a two-hundred day simple moving average of $12.19.

New York Community Bancorp (NYSE:NYCB) last announced its earnings results on Friday, October 25th. The financial services provider reported ($0.69) EPS for the quarter, missing analysts’ consensus estimates of ($0.40) by ($0.29). New York Community Bancorp had a negative net margin of 10.78% and a negative return on equity of 4.49%. The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $621.72 million. During the same period in the prior year, the company posted $1.08 earnings per share. On average, research analysts expect that New York Community Bancorp will post -2.41 earnings per share for the current year.

New York Community Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Saturday, December 7th will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.38%. New York Community Bancorp’s dividend payout ratio is currently -1.45%.

About New York Community Bancorp

New York Community Bancorp, 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.