Should I buy or sell Northeast Community Bancorp stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Northeast Community Bancorp in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NECB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NECB, but not buy additional shares or sell existing shares. View NECB analyst ratings or view top-rated stocks .

What is Northeast Community Bancorp's stock price target for 2024?

1 equities research analysts have issued 12 month target prices for Northeast Community Bancorp's stock. Their NECB share price targets range from $15.00 to $15.00. On average, they predict the company's share price to reach $15.00 in the next twelve months. This suggests that the stock has a possible downside of 2.2%. View analysts price targets for NECB or view top-rated stocks among Wall Street analysts .

How have NECB shares performed in 2024?

Northeast Community Bancorp's stock was trading at $17.74 at the beginning of the year. Since then, NECB shares have decreased by 13.5% and is now trading at $15.34. View the best growth stocks for 2024 here .

Are investors shorting Northeast Community Bancorp?

Northeast Community Bancorp saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 174,800 shares, a decrease of 17.5% from the March 15th total of 211,900 shares. Based on an average daily trading volume, of 50,300 shares, the short-interest ratio is currently 3.5 days. Approximately 1.5% of the shares of the company are sold short. View Northeast Community Bancorp's Short Interest .

When is Northeast Community Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our NECB earnings forecast .

How were Northeast Community Bancorp's earnings last quarter?

Northeast Community Bancorp, Inc. (NASDAQ:NECB) posted its quarterly earnings data on Thursday, February, 1st. The savings and loans company reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.03. The savings and loans company had revenue of $26.59 million for the quarter, compared to analyst estimates of $26.57 million. Northeast Community Bancorp had a net margin of 33.97% and a trailing twelve-month return on equity of 17.08%.

How often does Northeast Community Bancorp pay dividends? What is the dividend yield for Northeast Community Bancorp?

Northeast Community Bancorp declared a quarterly dividend on Thursday, March 21st. Shareholders of record on Friday, April 5th will be given a dividend of $0.10 per share on Monday, May 6th. This represents a $0.40 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date of this dividend is Thursday, April 4th. This is a boost from the stock's previous quarterly dividend of $0.06. Read our dividend analysis for NECB .

Is Northeast Community Bancorp a good dividend stock?

Northeast Community Bancorp (NASDAQ:NECB) pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.68%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NECB will have a dividend payout ratio of 16.46% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NECB .

When did Northeast Community Bancorp IPO?

Northeast Community Bancorp (NECB) raised $98 million in an initial public offering (IPO) on Tuesday, July 13th 2021. The company issued 9,784,077 shares at a price of $10.00 per share.

Who are Northeast Community Bancorp's major shareholders?

Northeast Community Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.51%), Hennessy Advisors Inc. (0.46%) and Lynch & Associates IN (0.10%). Insiders that own company stock include Charles A Martinek , Charles Michael Cirillo, Diane B Cavanaugh, Diane B Cavanaugh , Eugene M Magier, John F Mckenzie, John F Mckenzie , Jose M Collazo, Kenneth A Martinek, Kenneth H Thomas and Land Co Puckett. View institutional ownership trends .

How do I buy shares of Northeast Community Bancorp?

Shares of NECB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:NECB

Northeast Community Bancorp (NECB) Stock Price, News & Analysis

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Free NECB Stock Alerts

$15.34

+0.30 (+1.99%)

(As of 04/19/2024 ET)

Compare

Today's Range: $15.01
▼
$15.34
50-Day Range: $14.92
▼
$16.32
52-Week Range: $12.50
▼
$18.00

Volume: 46,109 shs
Average Volume: 48,704 shs
Market Capitalization: $215.83 million

P/E Ratio: 4.89
Dividend Yield: 2.61%
Price Target: $15.00

Get Northeast Community Bancorp alerts:

Northeast Community Bancorp MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 2.2% Downside
$15.00 Price Target
Short Interest: Healthy
1.45% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.29
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -5.08%
From $2.56 to $2.43 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.18 out of 5 stars

Finance Sector

634th out of 845 stocks

Savings Institutions, Except Federal Industry

13th out of 18 stocks

1.0

Analyst's Opinion

Consensus Rating
Northeast Community Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Northeast Community Bancorp has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.45% of the float of Northeast Community Bancorp has been sold short.
Short Interest Ratio / Days to Cover
Northeast Community Bancorp has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Northeast Community Bancorp has recently decreased by 17.51%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Northeast Community Bancorp pays a meaningful dividend of 2.68%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Northeast Community Bancorp has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Northeast Community Bancorp is 12.74%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Northeast Community Bancorp will have a dividend payout ratio of 16.46% next year. This indicates that Northeast Community Bancorp will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NECB.

3.5

News and Social Media Coverage

News Sentiment
Northeast Community Bancorp has a news sentiment score of 1.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Northeast Community Bancorp this week, compared to 0 articles on an average week.
Search Interest
Only 1 people have searched for NECB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
2 people have added Northeast Community Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Northeast Community Bancorp insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.39% of the stock of Northeast Community Bancorp is held by insiders.
Percentage Held by Institutions
53.25% of the stock of Northeast Community Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Northeast Community Bancorp are expected to decrease by -5.08% in the coming year, from $2.56 to $2.43 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Northeast Community Bancorp is 4.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of Northeast Community Bancorp is 4.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.50.
Price to Book Value per Share Ratio
Northeast Community Bancorp has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Northeast Community Bancorp Stock (NASDAQ:NECB)

Northeast Community Bancorp, Inc. operates as the holding company for NorthEast Community Bank that provides financial services for individuals and businesses. It accepts various deposit instruments, including checking accounts, money market accounts, regular savings accounts, and non-interest bearing demand accounts, as well as certificates of deposits. The company also offers construction, commercial and industrial, multifamily and mixed-use real estate, non-residential real estate loans, and consumer loans. In addition, it invests in various types of liquid assets, including U.S. Treasury obligations, municipal securities, deposits at the Federal Home Loan Bank of New York, and certificates of deposit of federally insured institutions, as well as securities of various federal agencies, and of state and municipal governments. Further, the company offers financial planning and investment advisory services; and life insurance products and fixed-rate annuities. It operates full-service branches located in Bronx, New York, Orange, Rockland, and Sullivan Counties in New York and Essex, Middlesex, and Norfolk Counties in Massachusetts; and loan production offices located in White Plains, New York, and New City counties in New York and Danvers, Massachusetts. Northeast Community Bancorp, Inc. was founded in 1934 and is headquartered in White Plains, New York.

NECB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NECB Stock News Headlines

April 15, 2024 | americanbankingnews.com

Short Interest in Northeast Community Bancorp, Inc. (NASDAQ:NECB) Decreases By 17.5%

March 21, 2024 | globenewswire.com

NorthEast Community Bancorp, Inc. Announces Increased Quarterly Cash Dividend

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

March 16, 2024 | finance.yahoo.com

NECB Apr 2024 20.000 put

March 13, 2024 | finance.yahoo.com

Basis Trade Is Seen Dwindling as Asset Managers Pivot to Credit

February 22, 2024 | globenewswire.com

NorthEast Community Bancorp, Inc. Announces Date of 2024 Annual Meeting of Stockholders

February 17, 2024 | finance.yahoo.com

NECB Mar 2024 22.500 put

February 17, 2024 | finance.yahoo.com

NECB Sep 2024 20.000 call

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

February 7, 2024 | finance.yahoo.com

Northeast Community Bancorp Full Year 2023 Earnings: EPS Beats Expectations

February 1, 2024 | finance.yahoo.com

NorthEast Community Bancorp, Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2023

February 1, 2024 | finance.yahoo.com

Northeast Community Bancorp (NECB) Q4 Earnings and Revenues Top Estimates

February 1, 2024 | finance.yahoo.com

One Northeast Community Bancorp Insider Raised Stake By 20% In Previous Year

November 26, 2023 | finance.yahoo.com

Northeast Community Bancorp, Inc. (NASDAQ:NECB) is largely controlled by institutional shareholders who own 53% of the company

November 15, 2023 | morningstar.com

NorthEast Community Bancorp Inc NECB

October 28, 2023 | finance.yahoo.com

Those who invested in Northeast Community Bancorp (NASDAQ:NECB) three years ago are up 94%

October 27, 2023 | finance.yahoo.com

NorthEast Community Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2023

October 16, 2023 | msn.com

FB Financial (FBK) Q3 Earnings Meet Estimates

October 7, 2023 | finance.yahoo.com

If EPS Growth Is Important To You, Northeast Community Bancorp (NASDAQ:NECB) Presents An Opportunity

August 25, 2023 | finance.yahoo.com

Positive Signs As Multiple Insiders Buy Northeast Community Bancorp Stock

July 27, 2023 | finance.yahoo.com

NorthEast Community Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2023

July 27, 2023 | finance.yahoo.com

Northeast Community Bancorp (NECB) Surpasses Q2 Earnings and Revenue Estimates

July 22, 2023 | theglobeandmail.com

Instrument Name Northeast Community Bancorp Instrument Symbol (NECB-Q)

July 6, 2023 | msn.com

NorthEast Community Bancorp (NECB) Price Target Increased by 13.33% to 17.34

June 27, 2023 | finance.yahoo.com

Northeast Community Bancorp (NASDAQ:NECB) Has Announced A Dividend Of $0.06

May 30, 2023 | finance.yahoo.com

NorthEast Community Bancorp, Inc. Announces Second Stock Repurchase Program

May 21, 2023 | finance.yahoo.com

Investors in Northeast Community Bancorp (NASDAQ:NECB) have seen solid returns of 139% over the past three years

See More Headlines

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Company Calendar

Ex-Dividend for 2/5 Dividend: 1/02/2024
Last Earnings: 2/01/2024
Dividend Payable: 2/05/2024
Ex-Dividend for 5/6 Dividend: 4/04/2024
Today: 4/19/2024
Dividend Payable: 5/06/2024
Next Earnings (Estimated): 5/06/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Savings institutions, except federal
Sub-Industry: N/A
Current Symbol: NASDAQ:NECB
CUSIP: N/A
CIK: 1354772
Web: www.necommunitybank.com
Phone: (914) 684-2500
Fax: N/A
Employees: 135
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $15.00
High Stock Price Target: $15.00
Low Stock Price Target: $15.00
Potential Upside/Downside: -1.4%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.14
Trailing P/E Ratio: 4.85
Forward P/E Ratio: 5.95
P/E Growth: N/A
Net Income: $46.28 million
Net Margins: 33.97%
Pretax Margin: 47.52%
Return on Equity: 17.08%
Return on Assets: 2.80%

Debt

Debt-to-Equity Ratio: 0.23
Current Ratio: 1.18
Quick Ratio: 1.18

Sales & Book Value

Annual Sales: $136.23 million
Price / Sales: 1.57
Cash Flow: $3.43 per share
Price / Cash Flow: 4.44
Book Value: $19.68 per share
Price / Book: 0.77

Miscellaneous

Outstanding Shares: 14,070,000
Free Float: 13,449,000
Market Cap: $214.15 million
Optionable: Optionable
Beta: 0.55

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Key Executives

Mr. Kenneth A. Martinek (Age 72)
Chairman & CEO
Comp: $897.43k
Mr. Jose M. Collazo (Age 58)
President, COO & Director
Comp: $658.4k
Mr. Donald S. Hom (Age 69)
Executive VP & CFO
Comp: $476.03k
Ms. Anne Stevenson-DeBlasi
Corporate Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NECB Stock Analysis - Frequently Asked Questions

Should I buy or sell Northeast Community Bancorp stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Northeast Community Bancorp in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NECB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NECB, but not buy additional shares or sell existing shares.
View NECB analyst ratings or view top-rated stocks.
What is Northeast Community Bancorp's stock price target for 2024?: 1 equities research analysts have issued 12 month target prices for Northeast Community Bancorp's stock. Their NECB share price targets range from $15.00 to $15.00. On average, they predict the company's share price to reach $15.00 in the next twelve months. This suggests that the stock has a possible downside of 2.2%.
View analysts price targets for NECB or view top-rated stocks among Wall Street analysts.
How have NECB shares performed in 2024?: Northeast Community Bancorp's stock was trading at $17.74 at the beginning of the year. Since then, NECB shares have decreased by 13.5% and is now trading at $15.34.
View the best growth stocks for 2024 here.
Are investors shorting Northeast Community Bancorp?: Northeast Community Bancorp saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 174,800 shares, a decrease of 17.5% from the March 15th total of 211,900 shares. Based on an average daily trading volume, of 50,300 shares, the short-interest ratio is currently 3.5 days. Approximately 1.5% of the shares of the company are sold short.
View Northeast Community Bancorp's Short Interest.
When is Northeast Community Bancorp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our NECB earnings forecast.
How were Northeast Community Bancorp's earnings last quarter?: Northeast Community Bancorp, Inc. (NASDAQ:NECB) posted its quarterly earnings data on Thursday, February, 1st. The savings and loans company reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.03. The savings and loans company had revenue of $26.59 million for the quarter, compared to analyst estimates of $26.57 million. Northeast Community Bancorp had a net margin of 33.97% and a trailing twelve-month return on equity of 17.08%.

How often does Northeast Community Bancorp pay dividends? What is the dividend yield for Northeast Community Bancorp?: Northeast Community Bancorp declared a quarterly dividend on Thursday, March 21st. Shareholders of record on Friday, April 5th will be given a dividend of $0.10 per share on Monday, May 6th. This represents a $0.40 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date of this dividend is Thursday, April 4th. This is a boost from the stock's previous quarterly dividend of $0.06.
Read our dividend analysis for NECB.
Is Northeast Community Bancorp a good dividend stock?: Northeast Community Bancorp (NASDAQ:NECB) pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.68%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NECB will have a dividend payout ratio of 16.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NECB.
When did Northeast Community Bancorp IPO?: Northeast Community Bancorp (NECB) raised $98 million in an initial public offering (IPO) on Tuesday, July 13th 2021. The company issued 9,784,077 shares at a price of $10.00 per share.
Who are Northeast Community Bancorp's major shareholders?: Northeast Community Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.51%), Hennessy Advisors Inc. (0.46%) and Lynch & Associates IN (0.10%). Insiders that own company stock include Charles A Martinek, Charles Michael Cirillo, Diane B Cavanaugh, Diane B Cavanaugh, Eugene M Magier, John F Mckenzie, John F Mckenzie, Jose M Collazo, Kenneth A Martinek, Kenneth H Thomas and Land Co Puckett.
View institutional ownership trends.
How do I buy shares of Northeast Community Bancorp?: Shares of NECB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NECB) was last updated on 4/19/2024 by MarketBeat.com Staff

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Northeast Community Bancorp (NECB) Stock Price, News & Analysis

Northeast Community Bancorp MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Northeast Community Bancorp Stock (NASDAQ:NECB)

NECB Stock Price History

NECB Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

NECB Stock Analysis - Frequently Asked Questions

Overall MarketRank^™