News stories about New York Community Bancorp (NYSE:NYCB) have been trending somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. New York Community Bancorp earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 70 out of 100, indicating that recent press coverage is likely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Stock with lower future earnings: New York Community Bancorp, Inc. (NYCB) – Street Observer (press release) (streetobserver.com)
- $326.36 Million in Sales Expected for New York Community Bancorp, Inc. (NYSE:NYCB) This Quarter (americanbankingnews.com)
- Stock to Lookout For: New York Community Bancorp Inc. (NYCB) (latribunadecanarias.com)
- $0.20 EPS Expected for New York Community Bancorp, Inc. (NYCB) (leisuretravelaid.com)
- New York Community Bancorp, Inc. (NYSE:NYCB) Downgraded by BidaskClub (trikkles.com)
NYCB has been the topic of a number of research analyst reports. ValuEngine upgraded shares of New York Community Bancorp from a “hold” rating to a “buy” rating in a report on Thursday, May 11th. Morgan Stanley restated an “equal weight” rating and issued a $13.75 target price (down previously from $14.00) on shares of New York Community Bancorp in a report on Friday, July 7th. Stephens began coverage on shares of New York Community Bancorp in a report on Wednesday, April 5th. They issued an “equal weight” rating on the stock. Keefe, Bruyette & Woods set a $15.00 target price on shares of New York Community Bancorp and gave the company a “hold” rating in a report on Tuesday, April 4th. Finally, BidaskClub upgraded shares of New York Community Bancorp from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. Two research analysts have rated the stock with a sell rating and ten have issued a hold rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $14.46.
Shares of New York Community Bancorp (NYSE:NYCB) opened at 13.04 on Tuesday. New York Community Bancorp has a 12 month low of $12.61 and a 12 month high of $17.68. The company has a market capitalization of $6.38 billion, a P/E ratio of 13.73 and a beta of 0.59. The firm has a 50-day moving average of $13.07 and a 200-day moving average of $14.37.
New York Community Bancorp (NYSE:NYCB) last issued its quarterly earnings data on Wednesday, April 26th. The financial services provider reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by $0.02. The firm had revenue of $327.09 million for the quarter, compared to analyst estimates of $342.04 million. New York Community Bancorp had a return on equity of 7.72% and a net margin of 26.19%. During the same period in the previous year, the business earned $0.27 EPS. On average, equities analysts predict that New York Community Bancorp will post $0.81 earnings per share for the current year.
New York Community Bancorp Company Profile
New York Community Bancorp, Inc is a multi-bank holding company. The Company operates through its subsidiaries, New York Community Bank (the Community Bank) and New York Commercial Bank (the Commercial Bank) (collectively, the Banks). The Company’s operations are divided into two segments: Banking Operations and Residential Mortgage Banking.
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