Flagstar Bancorp, Inc. (NYSE:FBC) – Research analysts at FBR & Co reduced their FY2018 earnings per share (EPS) estimates for Flagstar Bancorp in a report issued on Monday. FBR & Co analyst J. Levi-Ribner now anticipates that the savings and loans company will post earnings per share of $2.55 for the year, down from their previous estimate of $2.65. FBR & Co has a “Outperform” rating on the stock.

Flagstar Bancorp (NYSE:FBC) last posted its quarterly earnings data on Tuesday, April 25th. The savings and loans company reported $0.46 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.10. Flagstar Bancorp had a return on equity of 10.74% and a net margin of 17.51%. The firm had revenue of $183 million for the quarter, compared to analysts’ expectations of $172.90 million. During the same period in the previous year, the firm earned $0.54 EPS.

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A number of other equities analysts also recently issued reports on FBC. Stephens initiated coverage on Flagstar Bancorp in a research report on Thursday, March 23rd. They set an “equal weight” rating on the stock. Zacks Investment Research upgraded Flagstar Bancorp from a “sell” rating to a “hold” rating in a research report on Tuesday, March 28th. Wedbush upgraded Flagstar Bancorp from a “neutral” rating to an “outperform” rating and set a $35.00 price target on the stock in a research report on Wednesday, April 26th. TheStreet upgraded Flagstar Bancorp from a “c+” rating to a “b” rating in a research report on Wednesday, May 17th. Finally, ValuEngine downgraded Flagstar Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, May 19th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company. Flagstar Bancorp presently has an average rating of “Hold” and a consensus target price of $30.90.

Flagstar Bancorp (FBC) traded up 0.82% on Tuesday, hitting $30.61. The stock had a trading volume of 83,234 shares. The stock has a market cap of $1.75 billion, a P/E ratio of 11.87 and a beta of 0.86. Flagstar Bancorp has a 12 month low of $24.83 and a 12 month high of $31.57. The company’s 50 day moving average is $29.92 and its 200-day moving average is $28.23.

Several institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its position in Flagstar Bancorp by 5.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,869,233 shares of the savings and loans company’s stock valued at $80,884,000 after buying an additional 159,378 shares during the period. Vanguard Group Inc. increased its position in Flagstar Bancorp by 1.3% in the first quarter. Vanguard Group Inc. now owns 2,626,980 shares of the savings and loans company’s stock valued at $74,055,000 after buying an additional 32,701 shares during the period. Nuveen Asset Management LLC increased its position in Flagstar Bancorp by 125.4% in the first quarter. Nuveen Asset Management LLC now owns 578,255 shares of the savings and loans company’s stock valued at $16,301,000 after buying an additional 321,734 shares during the period. AQR Capital Management LLC increased its position in Flagstar Bancorp by 54.2% in the first quarter. AQR Capital Management LLC now owns 442,062 shares of the savings and loans company’s stock valued at $12,462,000 after buying an additional 155,355 shares during the period. Finally, State Street Corp increased its position in Flagstar Bancorp by 6.2% in the fourth quarter. State Street Corp now owns 401,195 shares of the savings and loans company’s stock valued at $10,808,000 after buying an additional 23,286 shares during the period. Institutional investors and hedge funds own 96.37% of the company’s stock.

About Flagstar Bancorp

Flagstar Bancorp, Inc is a savings and loan holding company. The Company’s business is primarily conducted through its principal subsidiary, Flagstar Bank, FSB. It operates through four segments: Community Banking, Mortgage Originations, Mortgage Servicing, and Other. Through Mortgage Originations segment, it originates, acquires and sells one- to four-family residential mortgage loans.

Earnings History and Estimates for Flagstar Bancorp (NYSE:FBC)

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