Somewhat Favorable News Coverage Somewhat Unlikely to Impact New York Community Bancorp (NYCB) Stock Price
Media coverage about New York Community Bancorp (NYSE:NYCB) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. New York Community Bancorp earned a news impact score of 0.16 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 46.0972231866119 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Stocks With Escalations:: Real Industry, Inc. (NASDAQ:RELY), New York Community Bancorp, Inc. (NYSE:NYCB … – The Stock Street (press release) (thestreetpoint.com)
- New York Community Bancorp, Inc. : NYCB-US: Dividend Analysis : November 07th, 2017 (record date) : By the numbers : November 13, 2017 (finance.yahoo.com)
- New York Community Bancorp Inc (NYSE: NYCB) – Is The Stock A Good Investment? – Alpha Beta Stock (alphabetastock.com)
- $300.13 Million in Sales Expected for New York Community Bancorp, Inc. (NYCB) This Quarter (americanbankingnews.com)
- Notable Trader’s Buzzers: New York Community Bancorp, Inc., (NYSE: NYCB), Retail Properties of America, Inc … – Stocks In The News (press release) (tradingnewsnow.com)
Shares of New York Community Bancorp (NYSE NYCB) traded up $0.16 during mid-day trading on Tuesday, hitting $12.94. 6,011,520 shares of the stock were exchanged, compared to its average volume of 4,007,345. New York Community Bancorp has a 1 year low of $11.67 and a 1 year high of $17.68. The company has a market cap of $5,927.34, a PE ratio of 13.93 and a beta of 0.57. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 1.98.
New York Community Bancorp (NYSE:NYCB) last announced its earnings results on Wednesday, October 25th. The financial services provider reported $0.21 EPS for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.04. New York Community Bancorp had a net margin of 24.22% and a return on equity of 7.17%. The firm had revenue of $385.27 million for the quarter, compared to analysts’ expectations of $313.64 million. During the same quarter in the previous year, the business posted $0.26 EPS. equities research analysts expect that New York Community Bancorp will post 0.68 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 21st. Stockholders of record on Tuesday, November 7th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.26%. The ex-dividend date of this dividend is Monday, November 6th. New York Community Bancorp’s dividend payout ratio (DPR) is presently 78.16%.
NYCB has been the topic of a number of research analyst reports. BidaskClub downgraded shares of New York Community Bancorp from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 19th. Zacks Investment Research raised shares of New York Community Bancorp from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Piper Jaffray Companies set a $11.00 price objective on shares of New York Community Bancorp and gave the company a “sell” rating in a research report on Thursday, August 17th. Finally, Barclays PLC reduced their price objective on shares of New York Community Bancorp from $14.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 11th. Four investment analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. New York Community Bancorp currently has a consensus rating of “Hold” and an average target price of $12.45.
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About New York Community Bancorp
New York Community Bancorp, Inc is a multi-bank holding company. The Company operates through its subsidiaries, New York Community Bank (the Community Bank) and New York Commercial Bank (the Commercial Bank) (collectively, the Banks). The Company’s operations are divided into two segments: Banking Operations and Residential Mortgage Banking.
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