New York Community Bancorp (NYCB) Downgraded by Zacks Investment Research to Hold

New York Community Bancorp stock has undergone multiple analysts rating changes in the recent past.  New York Community Bancorp Downgraded by Zacks Investment Research on 10-11-21. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Buy.

Shares of New York Community Bancorp traded up $0.02 on Monday, reaching $13.69. 3221922 shares of the stock traded hands, compared to its average volume of 5220618. Shares of New York Community Bancorp were trading at $13.69 on Monday. The firm’s 50 day moving average is $12.64 and its 200 day moving average is $11.88.New York Community Bancorp has a 12 month low of $13.69 and a 12 month high of $13.86. While on yearly highs and lows, New York Community Bancorp’s today has traded high as $13.86 and has touched $13.69 on the downward trend. See More Analyst Rating at: RATING

New York Community Bancorp Earnings and What to expect: 

New York Community Bancorp last posted its quarterly earnings data on July 27th, 2021. The financial services provider reported $0.33 EPS for the quarter, topping the consensus estimate of $0.30 by $0.03. The company had revenue of $347 million for the quarter, compared to analysts’ expectations of $336 million. New York Community Bancorp has generated $0.87 earnings per share over the last year ($1.21 diluted earnings per share) and currently has a price-to-earnings ratio of 11.3. Earnings for New York Community Bancorp are expected to grow by 1.57% in the coming year, from $1.27 to $1.29 per share. New York Community Bancorp has confirmed that its next quarterly earnings report will be published on Wednesday, October 27th, 2021. New York Community Bancorp will be holding an earnings conference call on Wednesday, October 27th at 8:30 AM Eastern. Interested parties can or dial in at 201-612-7415 with passcode “13723178”.

Earnings for New York Community Bancorp are expected to grow by 1.57% in the coming year, from $1.27 to $1.29 per share. The P/E ratio of New York Community Bancorp is 11.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.66. The P/E ratio of New York Community Bancorp is 11.31, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.48. New York Community Bancorp has a PEG Ratio of 0.97. PEG Ratios around 1 indicate that a company is correctly valued. New York Community Bancorp has a P/B Ratio of 1.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

New York Community Bancorp (NYCB) Moving Average Technical Analysis

5 day Moving Average is $13.55 And 5 day price change is $0.21 (1.56%)  with average volume for 5 day average is 4,734,740. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $13.02 and 20 day price change is $0.91 (7.12%) and average 20 day moving volume is 5,287,840. 50 day moving average is $12.64  and 50 day price change is $1.91 ( 16.21%)  and with average volume for 50 days is : 5,193,438. 200 day moving average is $11.88  and 200 day price change is $3.31 (31.89%)  and with average volume for 200 days is : 5,485,526.

Other owners latest trading in New York Community Bancorp :

  • On 10/8/2021 shares held by Wedbush Securities Inc. were 21,578 which equates to market value of $0.28M and appx 0.00% owners of New York Community Bancorp
  • On 10/7/2021 shares held by State of Alaska Department of Revenue were 71,367 which equates to market value of $0.92M and appx 0.00% owners of New York Community Bancorp
  • On 10/6/2021 shares held by First Dallas Securities Inc. were 13,000 which equates to market value of $0.17M and appx 0.10% owners of New York Community Bancorp
  • In total Institutional ownership equates to Institutional Ownership Percentage: 62.11% for New York Community Bancorp

See More Analyst Rating at: RATING