Equities research analysts predict that Flagstar Bancorp Inc (NYSE:FBC) will post earnings of $0.72 per share for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Flagstar Bancorp’s earnings, with the lowest EPS estimate coming in at $0.69 and the highest estimate coming in at $0.75. Flagstar Bancorp posted earnings per share of $0.60 in the same quarter last year, which would suggest a positive year over year growth rate of 20%. The company is scheduled to announce its next earnings results on Tuesday, January 22nd.

On average, analysts expect that Flagstar Bancorp will report full year earnings of $3.02 per share for the current financial year, with EPS estimates ranging from $2.98 to $3.05. For the next year, analysts expect that the company will post earnings of $3.43 per share, with EPS estimates ranging from $3.28 to $3.58. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that cover Flagstar Bancorp.

Flagstar Bancorp (NYSE:FBC) last released its quarterly earnings results on Tuesday, October 23rd. The savings and loans company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.01. The business had revenue of $231.00 million during the quarter, compared to the consensus estimate of $242.20 million. Flagstar Bancorp had a return on equity of 11.62% and a net margin of 7.89%. During the same quarter in the previous year, the business earned $0.70 EPS.

A number of research firms have issued reports on FBC. TheStreet downgraded Flagstar Bancorp from a “b” rating to a “c+” rating in a research note on Friday. ValuEngine downgraded Flagstar Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, November 1st. Zacks Investment Research upgraded Flagstar Bancorp from a “sell” rating to a “hold” rating in a research note on Thursday, October 25th. Boenning Scattergood reiterated a “buy” rating on shares of Flagstar Bancorp in a research note on Wednesday, October 24th. Finally, B. Riley set a $44.00 price target on Flagstar Bancorp and gave the company a “buy” rating in a research note on Friday, October 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $41.50.

FBC stock traded down $0.25 during mid-day trading on Tuesday, reaching $31.63. 327,100 shares of the company traded hands, compared to its average volume of 315,178. The company has a market capitalization of $1.85 billion, a P/E ratio of 12.81 and a beta of 0.89. The company has a debt-to-equity ratio of 3.28, a quick ratio of 0.78 and a current ratio of 1.23. Flagstar Bancorp has a fifty-two week low of $28.18 and a fifty-two week high of $40.06.

In other Flagstar Bancorp news, CEO Alessandro Dinello bought 1,000 shares of the business’s stock in a transaction dated Wednesday, October 24th. The shares were purchased at an average price of $29.08 per share, for a total transaction of $29,080.00. Following the purchase, the chief executive officer now directly owns 191,359 shares of the company’s stock, valued at $5,564,719.72. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Lee Matthew Smith sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 25th. The stock was sold at an average price of $31.43, for a total value of $94,290.00. Following the completion of the transaction, the chief operating officer now owns 90,630 shares in the company, valued at approximately $2,848,500.90. The disclosure for this sale can be found here. 62.90% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the company. NumerixS Investment Technologies Inc purchased a new position in shares of Flagstar Bancorp in the 2nd quarter worth approximately $159,000. SG Americas Securities LLC boosted its stake in shares of Flagstar Bancorp by 57.8% in the 2nd quarter. SG Americas Securities LLC now owns 5,370 shares of the savings and loans company’s stock worth $184,000 after buying an additional 1,967 shares during the last quarter. Alpine Woods Capital Investors LLC bought a new stake in shares of Flagstar Bancorp in the 3rd quarter worth approximately $220,000. Jane Street Group LLC bought a new stake in shares of Flagstar Bancorp in the 1st quarter worth approximately $229,000. Finally, Personal Capital Advisors Corp bought a new stake in shares of Flagstar Bancorp in the 2nd quarter worth approximately $247,000. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Flagstar Bancorp Company Profile

Flagstar Bancorp, Inc operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial, small business, and consumer banking services to individuals and businesses in the United States. Its Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer and commercial loans, commercial real estate loans, equipment finance and leasing, home builder finance loans, and warehouse lines of credit.

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

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