Flagstar Bank, National Association (NYSE:FLG) Stock: Insider Alan Frank Acquires 10,000 Shares

Flagstar Bank, National Association (NYSE:FLG) Director Alan Frank acquired 10,000 shares of Flagstar Bank, National Association stock in a transaction that occurred on Tuesday, October 27th. The stock was acquired at an average cost of $10.14 per share, with a total value of $101,400.00. Following the purchase, the director owned 76,463 shares in the company, valued at $775,334.82. The trade was a 15.05% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Flagstar Bank, National Association Trading Up 2.9%

Shares of NYSE:FLG opened at $10.45 on Friday. The stock has a market capitalization of $4.34 billion, a PE ratio of 69.69 and a beta of 1.05. Flagstar Bank, National Association has a 1 year low of $9.93 and a 1 year high of $15.44. The firm has a fifty day moving average price of $12.17 and a 200 day moving average price of $13.44. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.53.

Flagstar Bank, National Association (NYSE:FLG) last posted its earnings results on Friday, October 23rd. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.06). Flagstar Bank, National Association had a net margin of 2.22% and a return on equity of 1.45%. The company had revenue of $530.00 million for the quarter, compared to the consensus estimate of $545.12 million. During the same quarter last year, the business earned ($0.07) earnings per share. Analysts expect that Flagstar Bank, National Association will post 0.16 EPS for the current fiscal year.

Flagstar Bank, National Association declared that its Board of Directors has approved a share buyback plan on Friday, July 24th that authorizes the company to buy back $250 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 4.1% of its stock through open market purchases. Share buyback plans are generally an indication that the company’s leadership believes its stock is undervalued.

Flagstar Bank, National Association Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Monday, December 7th will be issued a dividend of $0.01 per share. The ex-dividend date of this dividend is Monday, December 7th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.4%. Flagstar Bank, National Association’s dividend payout ratio is currently 26.67%.

Hedge Funds Weigh In On Flagstar Bank, National Association

Several large investors have recently made changes to their positions in FLG. Dimensional Fund Advisors LP grew its holdings in Flagstar Bank, National Association by 9.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,731,631 shares of the company’s stock valued at $88,645,000 after buying an additional 569,003 shares during the last quarter. North Reef Capital Management LP acquired a new position in shares of Flagstar Bank, National Association during the first quarter worth approximately $36,744,000. Polar Asset Management Partners Inc. lifted its holdings in shares of Flagstar Bank, National Association by 36.8% during the first quarter. Polar Asset Management Partners Inc. now owns 1,626,388 shares of the company’s stock worth $21,420,000 after buying an additional 437,939 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Flagstar Bank, National Association by 3.8% during the first quarter. Principal Financial Group Inc. now owns 673,282 shares of the company’s stock worth $8,867,000 after buying an additional 24,659 shares during the last quarter. Finally, Engineers Gate Manager LP bought a new stake in shares of Flagstar Bank, National Association in the second quarter valued at approximately $8,480,000. Institutional investors and hedge funds own 67.88% of the company’s stock.

More Flagstar Bank, National Association News

Here are the key news stories impacting Flagstar Bank, National Association this week:

• Positive Sentiment: Director Alan Frank purchased 10,000 FLG shares for approximately $101,400 at an average price of $10.14, increasing his ownership by 15.05%. The sizable insider purchase may signal that management views the recent weakness as an attractive entry point. Insider purchase report
• Positive Sentiment: Cantor Fitzgerald reaffirmed an “overweight” rating on Flagstar, suggesting the firm continues to see potential upside despite recent operating challenges. Cantor Fitzgerald rating report
• Positive Sentiment: Flagstar declared a quarterly common-stock dividend of $0.01 per share, payable December 17 to shareholders of record on December 7. The dividend provides a continuing shareholder return, although its approximately 0.4% annualized yield is unlikely to materially affect valuation. Flagstar dividend announcement
• Negative Sentiment: Flagstar reduced its 2026 and 2027 net-interest-income and EPS outlooks, citing higher credit costs and slower balance-sheet growth. Management also delayed its profitability target from 2027 to 2028, raising concerns about the pace of earnings recovery. Flagstar outlook revision
• Negative Sentiment: UBS issued a more pessimistic forecast for FLG, while JPMorgan, Truist and Barclays also lowered their expectations or price targets. The revisions reflect concerns about credit quality, profitability and slower growth. UBS Flagstar forecast report

Wall Street Analysts Forecast Growth

FLG has been the subject of a number of recent analyst reports. Citigroup decreased their target price on Flagstar Bank, National Association from $18.00 to $14.00 and set a “buy” rating for the company in a research report on Tuesday. Cantor Fitzgerald reissued an “overweight” rating and issued a $16.00 price target on shares of Flagstar Bank, National Association in a research report on Tuesday. Barclays reduced their price objective on shares of Flagstar Bank, National Association from $15.00 to $14.00 and set an “overweight” rating for the company in a research note on Monday. UBS Group decreased their price objective on shares of Flagstar Bank, National Association from $15.50 to $14.50 and set a “buy” rating for the company in a report on Tuesday. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Flagstar Bank, National Association from $14.00 to $11.50 and set a “neutral” rating for the company in a report on Monday. Ten research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Flagstar Bank, National Association currently has a consensus rating of “Moderate Buy” and an average target price of $14.54.

Flagstar Bank, National Association Company Profile

Flagstar Bank, National Association is a full-service regional bank and the principal banking subsidiary of Flagstar Financial, Inc, formerly known as New York Community Bancorp. The bank provides consumer and business banking services through deposits, checking and savings accounts, lending, cash management, and digital banking channels.

Flagstar’s lending activities include residential mortgages, mortgage servicing, commercial real estate loans, multifamily financing, commercial and industrial loans, and other consumer credit products.