Flagstar Bancorp Inc (NYSE:FBC) has earned an average rating of “Buy” from the six research firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $36.75.

FBC has been the subject of several research analyst reports. Zacks Investment Research raised Flagstar Bancorp from a “hold” rating to a “strong-buy” rating and set a $32.00 price objective for the company in a report on Tuesday, July 7th. Raymond James reissued a “buy” rating on shares of Flagstar Bancorp in a report on Wednesday, September 9th. ValuEngine downgraded Flagstar Bancorp from a “sell” rating to a “strong sell” rating in a report on Wednesday, May 27th. Finally, B. Riley increased their price target on Flagstar Bancorp from $33.00 to $41.00 in a report on Wednesday, July 29th.

FBC stock opened at $31.51 on Friday. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 6.38 and a beta of 1.71. Flagstar Bancorp has a fifty-two week low of $16.76 and a fifty-two week high of $40.00. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.83 and a current ratio of 1.24. The company’s 50 day moving average price is $31.13 and its 200 day moving average price is $27.38.

Flagstar Bancorp (NYSE:FBC) last posted its quarterly earnings data on Tuesday, July 28th. The savings and loans company reported $2.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.38 by $0.65. The business had revenue of $168.00 million during the quarter, compared to the consensus estimate of $146.17 million. Flagstar Bancorp had a return on equity of 15.43% and a net margin of 16.78%. The company’s revenue was up 13.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.71 earnings per share. Equities analysts forecast that Flagstar Bancorp will post 6.24 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date was Monday, August 31st. Flagstar Bancorp’s dividend payout ratio (DPR) is currently 5.78%.

In other Flagstar Bancorp news, Director David J. Matlin sold 6,900,000 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $30.05, for a total value of $207,345,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP James Ciroli purchased 2,000 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was purchased at an average price of $30.41 per share, with a total value of $60,820.00. The disclosure for this purchase can be found here. 37.70% of the stock is currently owned by company insiders.

Several hedge funds have recently made changes to their positions in the company. Copper Rock Capital Partners LLC purchased a new position in shares of Flagstar Bancorp in the second quarter valued at $11,128,000. Charles Schwab Investment Management Inc. increased its position in shares of Flagstar Bancorp by 9.5% in the second quarter. Charles Schwab Investment Management Inc. now owns 435,229 shares of the savings and loans company’s stock valued at $12,809,000 after buying an additional 37,833 shares in the last quarter. California State Teachers Retirement System increased its position in shares of Flagstar Bancorp by 0.9% in the second quarter. California State Teachers Retirement System now owns 52,829 shares of the savings and loans company’s stock valued at $1,555,000 after buying an additional 447 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Flagstar Bancorp by 7.2% in the second quarter. Public Employees Retirement System of Ohio now owns 5,528 shares of the savings and loans company’s stock valued at $163,000 after buying an additional 372 shares in the last quarter. Finally, Cubist Systematic Strategies LLC increased its position in shares of Flagstar Bancorp by 500.3% in the second quarter. Cubist Systematic Strategies LLC now owns 68,933 shares of the savings and loans company’s stock valued at $2,029,000 after buying an additional 57,449 shares in the last quarter.

About Flagstar Bancorp

Flagstar Bancorp, Inc operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial 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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