New York Community Bancorp (NYSE:NYCB) Releases FY 2025 Earnings Guidance

New York Community Bancorp (NYSE:NYCB) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of -0.350–0.300 for the period, compared to the consensus earnings per share estimate of 0.050. The company issued revenue guidance of -. New York Community Bancorp also updated its FY 2024 guidance to -3.100–3.000 EPS.

New York Community Bancorp Stock Down 8.3 %

Shares of NYCB traded down $0.95 during midday trading on Friday, hitting $10.55. The company had a trading volume of 18,531,372 shares, compared to its average volume of 8,349,230. The company has a quick ratio of 1.17, a current ratio of 1.27 and a debt-to-equity ratio of 3.66. New York Community Bancorp has a 52 week low of $5.10 and a 52 week high of $34.47. The company’s 50 day moving average price is $11.11 and its 200 day moving average price is $12.17. The stock has a market cap of $4.38 billion, a price-to-earnings ratio of -3.83 and a beta of 1.00.

New York Community Bancorp (NYSE:NYCB) last announced its quarterly earnings data on Friday, October 25th. The financial services provider reported ($0.69) earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $621.72 million. During the same period in the prior year, the firm earned $1.08 earnings per share. On average, equities research analysts predict that New York Community Bancorp will post -2.41 EPS for the current year.

New York Community Bancorp Announces Dividend

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 dividend yield of 0.38%. New York Community Bancorp’s dividend payout ratio (DPR) is -1.45%.

Wall Street Analysts Forecast Growth

NYCB has been the subject of several recent research reports. Raymond James raised New York Community Bancorp from an “underperform” rating to a “market perform” rating in a report on Tuesday, September 17th. StockNews.com upgraded New York Community Bancorp to a “sell” rating in a research note on Friday, July 19th. JPMorgan Chase & Co. raised their target price on New York Community Bancorp from $11.50 to $12.50 and gave the company a “neutral” rating in a research note on Wednesday, October 9th. Keefe, Bruyette & Woods upped their price target on shares of New York Community Bancorp from $11.25 to $33.75 and gave the stock a “market perform” rating in a research report on Monday, July 15th. Finally, Wedbush reissued a “neutral” rating and set a $31.50 target price on shares of New York Community Bancorp in a research note on Friday, July 26th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $17.48.

New York Community Bancorp Company Profile

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.