Flagstar Bank, National Association (NYSE:FLG) Price Target Raised to $16.50 at Piper Sandler

Flagstar Bank, National Association (NYSE:FLG) had its price objective boosted by Piper Sandler from $16.00 to $16.50 in a research note issued to investors on Monday,Benzinga reports. Piper Sandler currently has an overweight rating on the stock.

Other analysts have also recently issued research reports about the company. JPMorgan Chase & Co. raised their target price on Flagstar Bank, National Association from $14.50 to $15.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. DA Davidson upped their price target on Flagstar Bank, National Association from $16.00 to $17.00 and gave the company a “buy” rating in a research report on Monday. Wall Street Zen downgraded Flagstar Bank, National Association from a “hold” rating to a “sell” rating in a research note on Saturday, April 11th. Barclays raised their price objective on Flagstar Bank, National Association from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 7th. Finally, Royal Bank Of Canada lifted their target price on Flagstar Bank, National Association from $15.00 to $16.00 and gave the company a “sector perform” rating in a research note on Monday. Eight research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $15.36.

Flagstar Bank, National Association Stock Down 0.2%

FLG stock opened at $14.01 on Monday. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.00 and a quick ratio of 0.99. The firm has a market capitalization of $5.83 billion, a P/E ratio of -63.67 and a beta of 1.02. Flagstar Bank, National Association has a 52-week low of $10.38 and a 52-week high of $14.92. The company’s 50 day simple moving average is $13.36 and its 200-day simple moving average is $12.76.

Flagstar Bank, National Association (NYSE:FLG) last posted its quarterly earnings data on Friday, April 24th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. Flagstar Bank, National Association had a negative net margin of 1.22% and a negative return on equity of 0.11%. The firm had revenue of $507.00 million during the quarter, compared to analyst estimates of $556.74 million. During the same quarter last year, the business posted ($0.26) EPS. The company’s revenue was up 1.6% on a year-over-year basis. As a group, equities research analysts anticipate that Flagstar Bank, National Association will post 0.53 EPS for the current year.

Flagstar Bank, National Association Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Sunday, June 7th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Friday, June 5th. Flagstar Bank, National Association’s payout ratio is currently -18.18%.

Institutional Trading of Flagstar Bank, National Association

Several hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. boosted its position in Flagstar Bank, National Association by 310.8% during the third quarter. JPMorgan Chase & Co. now owns 3,825,713 shares of the company’s stock valued at $44,187,000 after purchasing an additional 2,894,424 shares during the last quarter. Old West Investment Management LLC acquired a new position in Flagstar Bank, National Association in the 3rd quarter worth about $3,124,000. Allianz Asset Management GmbH increased its position in Flagstar Bank, National Association by 28.0% in the 3rd quarter. Allianz Asset Management GmbH now owns 184,470 shares of the company’s stock worth $2,131,000 after purchasing an additional 40,374 shares during the last quarter. TD Asset Management Inc raised its stake in shares of Flagstar Bank, National Association by 134.3% during the 3rd quarter. TD Asset Management Inc now owns 155,084 shares of the company’s stock worth $1,791,000 after purchasing an additional 88,890 shares in the last quarter. Finally, Polar Asset Management Partners Inc. raised its stake in shares of Flagstar Bank, National Association by 268.4% during the 3rd quarter. Polar Asset Management Partners Inc. now owns 345,953 shares of the company’s stock worth $3,996,000 after purchasing an additional 252,053 shares in the last quarter. 67.88% of the stock is currently owned by hedge funds and other institutional investors.

Flagstar Bank, National Association News Roundup

Here are the key news stories impacting Flagstar Bank, National Association this week:

• Positive Sentiment: Piper Sandler raised its price target to $16.50 and moved to an “overweight” rating (≈17.8% upside vs. current price), signaling stronger sell‑side conviction. Piper Sandler PT Raise
• Positive Sentiment: DA Davidson raised its target to $17.00 and kept a “buy” rating (≈21.4% upside), another bullish analyst move that can attract buyers. DA Davidson PT Raise
• Positive Sentiment: RBC lifted its target to $16.00 with a “sector perform” rating (≈14.2% upside), adding incremental sell‑side support. RBC PT Raise
• Positive Sentiment: Analysis highlights improving fundamentals: back‑to‑back profitability, a Fitch upgrade to BB, rising deposits and reduced CRE exposure — factors that support valuation vs. tangible book. Seeking Alpha: Profitability & Rating Upgrade
• Neutral Sentiment: The Board declared a quarterly common dividend of $0.01/share (annualized yield ~0.3%), payable June 17 to holders of record June 7 — a modest cash return that signals capital distribution but is unlikely to materially move the stock. PR Newswire: Dividend Declaration
• Negative Sentiment: Q1 results beat on EPS (helped by net interest income), but non‑interest income declined year‑over‑year and revenue missed some expectations; the market reacted with a dip as fee income weakness raises near‑term profitability questions. Zacks: Q1 Earnings & Fee Income Decline

Flagstar Bank, National Association Company Profile

Flagstar Financial Corporation (NYSE: FLG) is a bank holding company whose principal subsidiary, Flagstar Bank, provides a range of financial services across the United States. Headquartered in Troy, Michigan, Flagstar combines commercial banking, mortgage lending and servicing, and deposit products to serve individuals, businesses and public entities. As a publicly traded company, Flagstar leverages its banking charter and national mortgage platform to deliver tailored financial solutions through both digital and branch channels.

The company’s mortgage business is one of the largest residential originators and servicers in the nation, offering retail, wholesale and correspondent lending channels.