Wedbush Weighs in on New York Community Bancorp, Inc.’s Q1 2025 Earnings (NYSE:NYCB)

New York Community Bancorp, Inc. (NYSE:NYCB) – Wedbush reduced their Q1 2025 earnings per share estimates for New York Community Bancorp in a note issued to investors on Wednesday, May 1st. Wedbush analyst D. Chiaverini now expects that the financial services provider will earn $0.04 per share for the quarter, down from their previous estimate of $0.06. Wedbush currently has a “Neutral” rating and a $3.50 target price on the stock. The consensus estimate for New York Community Bancorp’s current full-year earnings is ($0.11) per share.

NYCB has been the topic of a number of other research reports. Royal Bank of Canada decreased their target price on shares of New York Community Bancorp from $5.00 to $4.00 and set a “sector perform” rating on the stock in a research report on Tuesday, April 9th. UBS Group downgraded New York Community Bancorp from a “buy” rating to a “neutral” rating in a research report on Monday, January 8th. Deutsche Bank Aktiengesellschaft cut New York Community Bancorp from a “buy” rating to a “hold” rating and dropped their price objective for the company from $15.00 to $7.00 in a report on Friday, February 2nd. Jefferies Financial Group downgraded New York Community Bancorp from a “buy” rating to a “hold” rating and cut their target price for the company from $13.00 to $7.00 in a research report on Thursday, February 1st. Finally, StockNews.com raised New York Community Bancorp to a “sell” rating in a research note on Monday, April 29th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $5.39.

New York Community Bancorp Trading Up 4.7 %

NYCB stock opened at $3.53 on Friday. New York Community Bancorp has a 52 week low of $1.70 and a 52 week high of $14.22. The company has a market capitalization of $2.82 billion, a PE ratio of 353.00 and a beta of 0.95. The company’s 50-day simple moving average is $3.36 and its 200 day simple moving average is $6.99. The company has a debt-to-equity ratio of 2.70, a quick ratio of 1.17 and a current ratio of 1.18.

New York Community Bancorp (NYSE:NYCB) last posted its quarterly earnings data on Wednesday, May 1st. The financial services provider reported ($0.25) earnings per share for the quarter, topping the consensus estimate of ($0.26) by $0.01. New York Community Bancorp had a return on equity of 2.78% and a net margin of 0.62%. The firm had revenue of $633.00 million for the quarter, compared to analysts’ expectations of $776.81 million. During the same quarter last year, the business earned $0.23 EPS. The company’s quarterly revenue was down 76.1% compared to the same quarter last year.

New York Community Bancorp Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Friday, June 7th will be paid a $0.01 dividend. The ex-dividend date is Thursday, June 6th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.13%. New York Community Bancorp’s payout ratio is currently 2,000.00%.

Insider Activity at New York Community Bancorp

In related news, Chairman Alessandro Dinello bought 50,000 shares of the business’s stock in a transaction on Friday, February 9th. The shares were purchased at an average price of $4.19 per share, for a total transaction of $209,500.00. Following the completion of the transaction, the chairman now directly owns 114,305 shares of the company’s stock, valued at approximately $478,937.95. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, Chairman Alessandro Dinello bought 50,000 shares of the stock in a transaction on Friday, February 9th. The stock was acquired at an average price of $4.19 per share, with a total value of $209,500.00. Following the acquisition, the chairman now directly owns 114,305 shares in the company, valued at $478,937.95. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Lee Matthew Smith bought 25,000 shares of the company’s stock in a transaction on Friday, February 9th. The stock was purchased at an average price of $4.05 per share, with a total value of $101,250.00. Following the completion of the transaction, the executive vice president now directly owns 1,440,683 shares of the company’s stock, valued at approximately $5,834,766.15. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 213,410 shares of company stock valued at $875,626. 1.62% of the stock is owned by insiders.

Institutional Investors Weigh In On New York Community Bancorp

A number of institutional investors have recently added to or reduced their stakes in the business. Wellington Management Group LLP lifted its holdings in shares of New York Community Bancorp by 7.5% during the third quarter. Wellington Management Group LLP now owns 67,668,954 shares of the financial services provider’s stock worth $767,366,000 after purchasing an additional 4,723,876 shares during the period. Norges Bank bought a new position in New York Community Bancorp during the 4th quarter worth $77,628,000. Westfield Capital Management Co. LP lifted its holdings in New York Community Bancorp by 154.0% during the 3rd quarter. Westfield Capital Management Co. LP now owns 5,135,955 shares of the financial services provider’s stock worth $58,242,000 after buying an additional 3,114,070 shares during the period. Cannell & Co. grew its position in shares of New York Community Bancorp by 12.3% in the 4th quarter. Cannell & Co. now owns 4,574,137 shares of the financial services provider’s stock valued at $46,793,000 after buying an additional 500,545 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of New York Community Bancorp by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,553,207 shares of the financial services provider’s stock valued at $46,579,000 after buying an additional 33,122 shares during the period. 67.88% of the stock is owned by institutional investors.

New York Community Bancorp Company Profile

New York Community Bancorp, 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.