New York Community Bancorp, Inc. (NYSE:NYCB) to Post Q1 2025 Earnings of $0.04 Per Share, Wedbush Forecasts

New York Community Bancorp, Inc. (NYSE:NYCB) – Research analysts at Wedbush dropped their Q1 2025 earnings estimates for shares of New York Community Bancorp in a research report issued on Wednesday, May 1st. Wedbush analyst D. Chiaverini now anticipates that the financial services provider will post earnings of $0.04 per share for the quarter, down from their previous estimate of $0.06. Wedbush currently has a “Neutral” rating and a $3.50 target price on the stock. The consensus estimate for New York Community Bancorp’s current full-year earnings is ($0.08) per share.

Several other analysts also recently weighed in on NYCB. TheStreet downgraded shares of New York Community Bancorp from a “b-” rating to a “c+” rating in a research report on Monday, February 5th. Compass Point lowered shares of New York Community Bancorp from a “buy” rating to a “neutral” rating and decreased their target price for the company from $16.00 to $8.00 in a research report on Thursday, February 1st. DA Davidson lowered New York Community Bancorp from a “buy” rating to a “neutral” rating and decreased their price target for the company from $8.50 to $5.00 in a research note on Thursday, February 8th. UBS Group downgraded New York Community Bancorp from a “buy” rating to a “neutral” rating in a research note on Monday, January 8th. Finally, Barclays initiated coverage on shares of New York Community Bancorp in a report on Friday, March 8th. They issued an “equal weight” rating and a $4.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $5.39.

New York Community Bancorp Price Performance

Shares of NYCB opened at $3.53 on Friday. New York Community Bancorp has a 12 month low of $1.70 and a 12 month high of $14.22. The company has a debt-to-equity ratio of 2.70, a current ratio of 1.18 and a quick ratio of 1.17. The stock has a fifty day moving average price of $3.36 and a 200 day moving average price of $7.02. The company has a market cap of $2.82 billion, a P/E ratio of 353.00 and a beta of 0.95.

New York Community Bancorp (NYSE:NYCB) last posted its earnings results on Wednesday, May 1st. The financial services provider reported ($0.25) EPS for the quarter, beating the consensus estimate of ($0.26) by $0.01. The company had revenue of $633.00 million during the quarter, compared to analyst estimates of $776.81 million. New York Community Bancorp had a return on equity of 2.78% and a net margin of 0.62%. The business’s revenue was down 76.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.23 earnings per share.

Institutional Trading of New York Community Bancorp

Several large investors have recently modified their holdings of the company. Moody Lynn & Lieberson LLC lifted its position in shares of New York Community Bancorp by 7.1% during the 4th quarter. Moody Lynn & Lieberson LLC now owns 15,150 shares of the financial services provider’s stock worth $155,000 after purchasing an additional 1,000 shares during the last quarter. Kestra Private Wealth Services LLC boosted its holdings in New York Community Bancorp by 5.0% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 23,282 shares of the financial services provider’s stock valued at $264,000 after purchasing an additional 1,118 shares during the period. Avantax Advisory Services Inc. grew its position in New York Community Bancorp by 3.5% in the 3rd quarter. Avantax Advisory Services Inc. now owns 35,779 shares of the financial services provider’s stock worth $406,000 after purchasing an additional 1,204 shares during the last quarter. HB Wealth Management LLC increased its holdings in shares of New York Community Bancorp by 7.2% during the 4th quarter. HB Wealth Management LLC now owns 20,299 shares of the financial services provider’s stock worth $208,000 after purchasing an additional 1,371 shares during the period. Finally, Treasurer of the State of North Carolina raised its position in shares of New York Community Bancorp by 0.5% during the third quarter. Treasurer of the State of North Carolina now owns 312,764 shares of the financial services provider’s stock valued at $3,547,000 after buying an additional 1,590 shares during the last quarter. 67.88% of the stock is owned by institutional investors.

Insider Activity at New York Community Bancorp

In other news, Director Peter Schoels bought 100,000 shares of the company’s stock in a transaction on Friday, February 9th. The shares were bought at an average cost of $4.15 per share, with a total value of $415,000.00. Following the transaction, the director now directly owns 147,438 shares in the company, valued at approximately $611,867.70. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, Director Marshall Lux bought 27,100 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were bought at an average cost of $3.69 per share, for a total transaction of $99,999.00. Following the completion of the acquisition, the director now directly owns 64,872 shares in the company, valued at $239,377.68. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Peter Schoels acquired 100,000 shares of the business’s stock in a transaction that occurred on Friday, February 9th. The stock was bought at an average cost of $4.15 per share, for a total transaction of $415,000.00. Following the completion of the purchase, the director now directly owns 147,438 shares in the company, valued at approximately $611,867.70. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 213,410 shares of company stock valued at $875,626. Insiders own 1.62% of the company’s stock.

New York Community Bancorp Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Friday, June 7th will be issued a dividend of $0.01 per share. The ex-dividend date is Friday, June 7th. This represents a $0.04 annualized dividend and a dividend yield of 1.13%. New York Community Bancorp’s dividend payout ratio is 2,000.00%.

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.