New York Community Bancorp, Inc. s in-depth stock price analysis indicates that the stock price has dropped -5.86% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 2.4% . Looking at the past 52 week period, the stock price is down -1.06% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of New York Community Bancorp, Inc. has a positive value of 0.06 compared to overall market. New York Community Bancorp, Inc. (NYSE:NYCB) has tumbled 0.2% during the past week and has dropped 5.02% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.01%. New York Community Bancorp, Inc. (NYSE:NYCB) has underperformed the index by 6.72% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
New York Community Bancorp, Inc. (NYSE:NYCB) : On Friday heightened volatility was witnessed in New York Community Bancorp, Inc. (NYSE:NYCB) which led to swings in the share price. The stock opened for trading at $14.83 and hit $14.96 on the upside , eventually ending the session at $14.94, with a gain of 0.88% or 0.13 points. The heightened volatility saw the trading volume jump to 6,772,083 shares. The 52-week high of the share price is $17.68 and the company has a market cap of $7,277 million. The 52-week low of the share price is at $13.74 .
New York Community Bancorp Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.23 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.25.Analysts expectations of $ 359.73.During the same quarter in the previous year, the company posted $0.31 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.New York Community Bancorp was Reiterated by FBR & Co. on Jan 26, 2017 to Underperform, Lowers Price Target to $ 14 from a previous price target of $15 .New York Community Bancorp was Downgraded by FBR & Co. on Dec 21, 2016 to Underperform, Lowers Price Target to $ 15 from a previous price target of $17 .New York Community Bancorp was Downgraded by Morgan Stanley to Equal-Weight on Dec 21, 2016. New York Community Bancorp was Downgraded by Raymond James to Mkt Perform on Dec 21, 2016. New York Community Bancorp was Downgraded by BofA/Merrill to Neutral on Dec 20, 2016.
Company has reported several Insider transactions to the SEC, on Sep 9, 2016, Dominick Ciampa (director) purchased 9,350 shares at 15.43 per share price.On Dec 9, 2015, Lawrence Jr. Rosano (director) purchased 1,500 shares at 16.58 per share price.On May 4, 2015, Lawrence J. Savarese (director) purchased 4,400 shares at 17.07 per share price.
New York Community Bancorp, Inc. is a leading producer of multi-family loans in New York City, with an emphasis on apartment buildings that feature below-market rents. The Company has two bank subsidiaries: New York Community Bank, with 178 branches serving customers throughout Metro New York and New Jersey; and New York Commercial Bank, with 36 branches serving customers in Manhattan, Queens, Brooklyn, Long Island, and Westchester County in New York. Reflecting its growth through a series of acquisitions, the Community Bank operates through five local divisions: Queens County Savings Bank in Queens, Roslyn Savings Bank on Long Island, Richmond County Savings Bank on Staten Island, Roosevelt Savings Bank in Brooklyn, and Garden State Community Bank in New Jersey. Similarly, the Commercial Bank operates 17 of its branches under the name Atlantic Bank.