New York Community Bancorp Inc. (NYCB) is expecting 0.27% growth in the next quarter: What can investors do to maximize their returns?

New York Community Bancorp Inc. (NYSE: NYCB) kicked off on Friday, up 6.36% from the previous trading day, before settling in for the closing price of $10.38. Over the past 52 weeks, NYCB has traded in a range of $5.10-$37.41.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 56.78%. While this was happening, its average annual earnings per share was recorded -126.16%. With a float of $301.56 million, this company’s outstanding shares have now reached $351.43 million.

Considering the fact that the conglomerate employs 8766 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 79.32%, operating margin of 24.97%, and the pretax margin is -14.44%.

New York Community Bancorp Inc. (NYCB) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of New York Community Bancorp Inc. is 12.98%, while institutional ownership is 53.31%. 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 SEVP & COO bought 2,000 for $4.76, making the entire transaction worth $9,520. This insider now owns 22,188 shares in total.

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

According to the Wall Street analysts, stocks earnings will be around -126.16% per share during the next fiscal year.

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

Take a look at New York Community Bancorp Inc.’s (NYCB) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.60. Likewise, its price to free cash flow for the trailing twelve months is 23.51.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -12.87, a number that is poised to hit -0.37 in the next quarter and is forecasted to reach 0.08 in one year’s time.

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

Compared to the last year’s volume of 9.04 million, its volume of 6.26 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic%D was 84.37%. Additionally, its Average True Range was 0.67.

During the past 100 days, New York Community Bancorp Inc.’s (NYCB) raw stochastic average was set at 74.39%, which indicates a significant decrease from 98.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.05% in the past 14 days, which was lower than the 72.12% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.05, while its 200-day Moving Average is $16.59. Nevertheless, the first resistance level for the watch stands at $11.31 in the near term. At $11.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.09. If the price goes on to break the first support level at $10.53, it is likely to go to the next support level at $10.01. Should the price break the second support level, the third support level stands at $9.75.

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

The company with the Market Capitalisation of 3.88 billion has total of 273,545K Shares Outstanding. Its annual sales at the moment are 8,178 M in contrast with the sum of -79,000 K annual income. Company’s last quarter sales were recorded 1,662 M and last quarter income was -323,000 K.