A major move is in the offing as New York Community Bancorp Inc. (NYCB) market cap hits 2.35 billion

On Friday, New York Community Bancorp Inc. (NYSE: NYCB) opened at Friday, remained unchanged from the last session, before settling in for the closing price of $2.95. Price fluctuations for NYCB have ranged from $1.70 to $14.22 over the past 52 weeks.

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Financial Sector giant saw their annual sales surged by 56.78% over the last five years. Company’s average yearly earnings per share was noted -106.01% at the time writing. With a float of $740.26 million, this company’s outstanding shares have now reached $797.92 million.

The firm has a total of 8766 workers. Let’s measure their productivity.

New York Community Bancorp Inc. (NYCB) Insider Activity

A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of New York Community Bancorp Inc. is 7.23%, while institutional ownership is 54.85%. The most recent insider transaction that took place on Mar 21 ’24, was worth 99,891. In this transaction Director of this company bought 27,100 shares at a rate of $3.69, taking the stock ownership to the 64,872 shares. Before that another transaction happened on Feb 09 ’24, when Company’s Director bought 100,000 for $4.15, making the entire transaction worth $414,750. This insider now owns 147,438 shares in total.

New York Community Bancorp Inc. (NYCB) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.91 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -106.01% per share during the next fiscal year.

New York Community Bancorp Inc. (NYSE: NYCB) Trading Performance Indicators

Check out the current performance indicators for New York Community Bancorp Inc. (NYCB). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.29. Likewise, its price to free cash flow for the trailing twelve months is 14.27.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach 0.28 in one year’s time.

Technical Analysis of New York Community Bancorp Inc. (NYCB)

Analysing the last 5-days average volume posted by the [New York Community Bancorp Inc., NYCB], we can find that recorded value of 13.31 million was lower than the volume posted last year of 35.53 million. As of the previous 9 days, the stock’s Stochastic %D was 28.47%. Additionally, its Average True Range was 0.23.

During the past 100 days, New York Community Bancorp Inc.’s (NYCB) raw stochastic average was set at 12.77%, which indicates a significant decrease from 24.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.32% in the past 14 days, which was lower than the 126.46% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.70, while its 200-day Moving Average is $8.95. Now, the first resistance to watch is $2.99. This is followed by the second major resistance level at $3.04. The third major resistance level sits at $3.08. If the price goes on to break the first support level at $2.90, it is likely to go to the next support level at $2.86. Should the price break the second support level, the third support level stands at $2.81.

New York Community Bancorp Inc. (NYSE: NYCB) Key Stats

There are currently 797,921K shares outstanding in the company with a market cap of 2.35 billion. Presently, the company’s annual sales total 8,178 M according to its annual income of -79,000 K. Last quarter, the company’s sales amounted to 1,574 M and its income totaled -2,705 M.