What New York Community Bancorp Inc. (NYCB) Insiders Are Up To

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New York Community Bancorp Inc. (NYSE:NYCB) finished Thursday with an addition of $0.17 to close at $8.67, an upside of 2.00 percent. An average of 7,691,080 shares of common stock have been traded in the last five days. There was a fall of -$0.07 in the past week, and it reached a new high 10 times over the past 12 months. The last 20 days have seen an average of 10,931,175 shares traded, while the 50-day average volume stands at 13,852,610.

NYCB stock has decreased by -6.37% in the last month. The company shares reached their 1-month lowest point of $8.32 on 12/06/22. With the stock rallying to its 52-week high on 01/13/22, shares of the company touched a low of $8.17 and a high of $13.56 in 52 weeks. It has reached a new high 8 times so far this year and lost -28.99% or -$3.54 in price. In spite of this, the price is down -36.09% from the 52-week high.


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Insider Transactions

NYCB stock investors should be aware that New York Community Bancorp Inc. (NYCB) stock had its last reported insider trading activity 11 days ago on Dec 19.

Valuation Metrics

New York Community Bancorp Inc. (NYCB) has a trailing price-to-earnings (P/E) ratio of 6.87. The stock’s beta is 1.01. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.21, the price-to-book (PB) ratio at 0.65.

The company has a payout ratio of 53.80%. The company’s most recent quarterly dividend payment was $0.17 a share, without any change from last year. Its latest decrease dividend $0.08 reported on Wednesday January 27 2016.

Financial Health

Further, the company has a long term debt to equity ratio of 0.11 and a total debt to equity ratio of 0.11 for the quarter ending September 29. Its gross profit as reported stood at $1.29 billion compared to revenue of $1.69 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, New York Community Bancorp Inc.’s return on assets was 1.00%.

Earnings Surprise

For the three-month period that ended September 29, New York Community Bancorp Inc. had $297.0 million in total debt. The analyst consensus anticipated New York Community Bancorp Inc.’s latest quarter earnings to come in at $0.32 per share, but it turned out to be $0.31, a -3.10% surprise. At the end of the quarter ending September 29, New York Community Bancorp Inc.’s stock balance sheet showed total debt was $14.02 billion. Shareholders own equity worth $466.14 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at New York Community Bancorp Inc. (NYCB) price momentum. RSI 9-day as of the close on 29 December was 46.27%, suggesting the stock is Neutral, with historical volatility in this time frame at 17.69%.

As of today, NYCB’s price is $8.61 -0.80% or -$0.07 from its 5-day moving average. NYCB is currently trading -7.27% lower than its 20-day SMA and -15.91% lower than its 100-day SMA. However, the stock’s current price level is -0.34% below the SMA50 and -21.47% below the SMA200.

The stochastic %K and %D were 35.93% and 36.35%, respectively, and the average true range (ATR) was 0.23. With the 14-day stochastic at 44.16% and the average true range at 0.25, the RSI (14) stands at 45.11%. The stock has reached -0.04 on the 9-day MACD Oscillator while the 14-day reading was at -0.09.

Analyst Ratings

DA Davidson launched coverage on New York Community Bancorp Inc. (NYSE: NYCB) in its analyst report released on December 21, 2022. The firm assigned the stock a Neutral rating.

What is NYCB’s price target for the next 12 months?

Analysts predict a range of price targets between $8.50 and $12.50, with a median target of $10.00. Taking a look at these predictions, the average price target given by analysts for New York Community Bancorp Inc. (NYCB) stock is $10.13.

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