DA Davidson Issues Pessimistic Estimate for FLG Earnings

Flagstar Financial, Inc. (NYSE:FLG) – Research analysts at DA Davidson cut their Q1 2025 earnings estimates for shares of Flagstar Financial in a note issued to investors on Wednesday, April 2nd. DA Davidson analyst P. Winter now forecasts that the company will post earnings of ($0.26) per share for the quarter, down from their prior estimate of ($0.22). DA Davidson has a “Buy” rating and a $14.50 price objective on the stock. The consensus estimate for Flagstar Financial’s current full-year earnings is ($0.31) per share. DA Davidson also issued estimates for Flagstar Financial’s FY2025 earnings at ($0.34) EPS.

Flagstar Financial (NYSE:FLG) last released its earnings results on Thursday, January 30th. The company reported ($0.34) earnings per share for the quarter, beating the consensus estimate of ($0.51) by $0.17. Flagstar Financial had a negative return on equity of 10.72% and a negative net margin of 17.16%.

Several other research firms have also recently weighed in on FLG. UBS Group initiated coverage on shares of Flagstar Financial in a research report on Tuesday, December 17th. They set a “neutral” rating and a $11.50 price objective for the company. Barclays increased their price target on shares of Flagstar Financial from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Citigroup upgraded shares of Flagstar Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $13.50 to $15.00 in a research report on Friday. JPMorgan Chase & Co. raised their target price on Flagstar Financial from $11.00 to $12.50 and gave the company a “neutral” rating in a report on Friday, January 31st. Finally, Compass Point boosted their price target on Flagstar Financial from $11.50 to $12.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Flagstar Financial presently has a consensus rating of “Moderate Buy” and an average price target of $13.25.

Flagstar Financial Price Performance

Shares of NYSE:FLG opened at $10.43 on Friday. The firm has a market cap of $4.33 billion, a P/E ratio of -2.83 and a beta of 1.17. Flagstar Financial has a fifty-two week low of $7.86 and a fifty-two week high of $13.35. The company has a quick ratio of 1.09, a current ratio of 1.10 and a debt-to-equity ratio of 1.88. The company has a 50 day moving average price of $11.85.

Flagstar Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, March 7th were given a $0.01 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.04 annualized dividend and a yield of 0.38%. Flagstar Financial’s dividend payout ratio is presently -1.08%.

Flagstar Financial Company Profile

Flagstar Financial, Inc operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company’s deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit.