$0.20 EPS Expected for New York Community Bancorp, Inc. (NYCB)

July 18, 2017 - By Linda Rogers

 $0.20 EPS Expected for New York Community Bancorp, Inc. (NYCB)
Investors sentiment increased to 1.13 in Q4 2016. Its up 0.05, from 1.08 in 2016Q3. It increased, as 41 investors sold New York Community Bancorp, Inc. shares while 105 reduced holdings. 40 funds opened positions while 125 raised stakes. 287.89 million shares or 1.05% less from 290.94 million shares in 2016Q3 were reported.
Fiera has invested 0% in New York Community Bancorp, Inc. (NYSE:NYCB). New England And stated it has 16,000 shares or 0.2% of all its holdings. Synovus Financial Corp holds 1,000 shares. Advsrs Asset Management Inc accumulated 283,401 shares. Ca accumulated 28,000 shares. Ahl Prtn Limited Liability Partnership owns 177,009 shares. Kcg Holding holds 0.02% or 54,041 shares. Private Asset Mngmt stated it has 0.1% in New York Community Bancorp, Inc. (NYSE:NYCB). Grt Partners Ltd Liability Corporation holds 20,650 shares or 0.09% of its portfolio. Deutsche Bank & Trust Ag holds 0.01% of its portfolio in New York Community Bancorp, Inc. (NYSE:NYCB) for 1.05M shares. Focused Wealth invested 0.01% in New York Community Bancorp, Inc. (NYSE:NYCB). Da Davidson And owns 19,578 shares. holds 0.57% or 24.93 million shares in its portfolio. Gideon Cap Advisors holds 0.14% of its portfolio in New York Community Bancorp, Inc. (NYSE:NYCB) for 13,885 shares. Dekabank Deutsche Girozentrale invested in 12,668 shares.

Wall Street await New York Community Bancorp, Inc. (NYSE:NYCB) to release earnings on July, 26. Analysts forecast earnings per share of $0.20, down exactly $0.06 or 23.08 % from 2014’s $0.26 EPS. The expected NYCB’s profit could reach $97.39M giving the stock 16.30 P/E in the case that $0.20 earnings per share is reported. After posting $0.21 EPS for the previous quarter, New York Community Bancorp, Inc.’s analysts now forecast -4.76 % negative EPS growth. The stock increased 0.15% or $0.02 during the last trading session, reaching $13.04. About 2.42 million shares traded. New York Community Bancorp, Inc. (NYSE:NYCB) has declined 13.57% since July 18, 2016 and is downtrending. It has underperformed by 30.27% the S&P500.

New York Community Bancorp, Inc. (NYSE:NYCB) Ratings Coverage

Among 11 analysts covering New York Community Bancorp Inc. (NYSE:NYCB), 3 have Buy rating, 1 Sell and 7 Hold. Therefore 27% are positive. New York Community Bancorp Inc. had 22 analyst reports since August 20, 2015 according to SRatingsIntel. On Friday, October 7 the stock rating was initiated by Wedbush with “Neutral”. The stock has “Mkt Perform” rating by Raymond James on Wednesday, December 21. Bank of America upgraded the shares of NYCB in report on Monday, November 30 to “Buy” rating. Bank of America downgraded the stock to “Neutral” rating in Tuesday, December 20 report. The rating was initiated by Sterne Agee CRT with “Neutral” on Thursday, August 20. As per Thursday, January 26, the company rating was maintained by FBR Capital. FBR Capital downgraded the stock to “Underperform” rating in Wednesday, December 21 report. The rating was upgraded by FBR Capital to “Mkt Perform” on Tuesday, January 19. Keefe Bruyette & Woods maintained the shares of NYCB in report on Friday, May 26 with “Hold” rating. The firm has “Buy” rating by Sandler O’Neill given on Monday, November 2.

New York Community Bancorp, Inc. is a multi-bank holding company. The company has market cap of $6.35 billion. The Firm operates through its subsidiaries, New York Community Bank and New York Commercial Bank (the Commercial Bank) (collectively, the Banks). It has a 13.6 P/E ratio. The Company’s activities are divided into two divisions: Banking Operations and Residential Mortgage Banking.

More recent New York Community Bancorp, Inc. (NYSE:NYCB) news were published by: Nasdaq.com which released: “Alecta Pensionsforsakring, Omsesidigt Buys Facebook Inc, New York Community …” on July 06, 2017. Also Reuters.com published the news titled: “BRIEF-New York Community Bancorp announces strategic sale of mortgage banking …” on June 27, 2017. Businesswire.com‘s news article titled: “New York Community Bancorp, Inc. to Report Second Quarter 2017 Earnings and …” with publication date: June 28, 2017 was also an interesting one.

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