Flagstar Financial (NYSE:FLG) Research Coverage Started at UBS Group

UBS Group started coverage on shares of Flagstar Financial (NYSE:FLGFree Report) in a research report report published on Tuesday morning, MarketBeat reports. The firm issued a neutral rating and a $11.50 target price on the stock.

Separately, Compass Point raised their price target on Flagstar Financial from $11.50 to $12.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th.

Get Our Latest Stock Analysis on Flagstar Financial

Flagstar Financial Stock Performance

Shares of FLG stock opened at $8.97 on Tuesday. The company has a market cap of $3.72 billion, a P/E ratio of -2.06 and a beta of 1.05. Flagstar Financial has a 12 month low of $5.10 and a 12 month high of $31.95. The company has a debt-to-equity ratio of 2.52, a quick ratio of 1.12 and a current ratio of 1.14.

Flagstar Financial Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 9th were given a $0.01 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a dividend yield of 0.33%. Flagstar Financial’s dividend payout ratio (DPR) is currently -0.92%.

Flagstar Financial Company Profile

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Flagstar Financial, Inc operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company’s deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit.

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