Analysts See $0.17 EPS for New York Community Bancorp, Inc. (NYCB)

January 18, 2018 - By Louis Casey

 Analysts See $0.17 EPS for New York Community Bancorp, Inc. (NYCB)
Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.10, from 1.14 in 2017Q2. It worsened, as 37 investors sold New York Community Bancorp, Inc. shares while 97 reduced holdings. 30 funds opened positions while 109 raised stakes. 278.63 million shares or 0.22% more from 278.04 million shares in 2017Q2 were reported.
Royal Bank Of Canada, Ontario – Canada-based fund reported 699,294 shares. Riggs Asset Managment reported 200 shares or 0% of all its holdings. Hourglass Capital Limited Liability Corp has 1.73% invested in New York Community Bancorp, Inc. (NYSE:NYCB) for 564,697 shares. 183,240 were accumulated by Sterneck Cap Management Llc. Jpmorgan Chase Co invested in 9,301 shares or 0% of the stock. Winslow Evans & Crocker owns 5,950 shares or 0.03% of their US portfolio. Rafferty Asset Mgmt Limited Liability Corp reported 79,423 shares. Qs Investors Lc has 456 shares for 0% of their portfolio. Gemmer Asset Ltd Com reported 970 shares stake. Tokio Marine Asset Company Ltd owns 0.29% invested in New York Community Bancorp, Inc. (NYSE:NYCB) for 150,600 shares. Arizona State Retirement System reported 277,174 shares. Legal & General Grp Public Limited invested 0.03% in New York Community Bancorp, Inc. (NYSE:NYCB). Twin Tree L P invested in 0% or 309 shares. 4,316 were accumulated by Edge Wealth Management Ltd. Dreman Value L L C holds 31,264 shares.

Analysts expect New York Community Bancorp, Inc. (NYSE:NYCB) to report $0.17 EPS on January, 24.They anticipate $0.06 EPS change or 26.09 % from last quarter’s $0.23 EPS. NYCB’s profit would be $83.11 million giving it 20.37 P/E if the $0.17 EPS is correct. After having $0.21 EPS previously, New York Community Bancorp, Inc.’s analysts see -19.05 % EPS growth. The stock increased 1.13% or $0.16 during the last trading session, reaching $13.85. About 2.29M shares traded. New York Community Bancorp, Inc. (NYSE:NYCB) has declined 13.57% since January 18, 2017 and is downtrending. It has underperformed by 30.27% the S&P500.

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

Among 13 analysts covering New York Community Bancorp Inc. (NYSE:NYCB), 4 have Buy rating, 2 Sell and 7 Hold. Therefore 31% are positive. New York Community Bancorp Inc. has $19 highest and $11.0 lowest target. $14.90’s average target is 7.58% above currents $13.85 stock price. New York Community Bancorp Inc. had 33 analyst reports since August 20, 2015 according to SRatingsIntel. Sterne Agee CRT initiated New York Community Bancorp, Inc. (NYSE:NYCB) rating on Thursday, August 20. Sterne Agee CRT has “Neutral” rating and $18 target. The firm has “Sell” rating by Piper Jaffray given on Tuesday, September 19. The company was downgraded on Wednesday, December 21 by Raymond James. FBR Capital upgraded New York Community Bancorp, Inc. (NYSE:NYCB) on Tuesday, January 19 to “Mkt Perform” rating. Morgan Stanley downgraded the shares of NYCB in report on Wednesday, December 21 to “Equal-Weight” rating. The firm earned “Underperform” rating on Thursday, January 26 by FBR Capital. The company was maintained on Tuesday, June 27 by Keefe Bruyette & Woods. The stock has “Mkt Perform” rating by Keefe Bruyette & Woods on Friday, October 30. The firm earned “Underperform” rating on Friday, April 7 by FBR Capital. The company was maintained on Wednesday, October 11 by Barclays Capital.

New York Community Bancorp, Inc. operates as a holding firm for New York Community Bank and New York Commercial Bank that offer banking products and financial services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The company has market cap of $6.77 billion. The firm offers various deposit products that include checking and savings accounts, individual retirement accounts, certificates of deposit, NOW and money market accounts, and non-interest-bearing accounts. It has a 15.91 P/E ratio. The Company’s loan portfolio comprises one-to-four family loans; multi-family loans; commercial real estate loans; acquisition, development, and construction loans; specialty finance loans and leases; and other C&I loans consist primarily of home equity loans and lines of credit, as well as various consumer loans.

More recent New York Community Bancorp, Inc. (NYSE:NYCB) news were published by: Businesswire.com which released: “New York Community Bancorp, Inc. Announces Benefits from Enactment of Tax Cuts …” on December 28, 2017. Also Reuters.com published the news titled: “BRIEF-New York Community Bancorp Announces Benefits From Enactment Of Tax Cuts …” on December 28, 2017. Seekingalpha.com‘s news article titled: “New York Community Bancorp: A Well-Run Bank At A Bargain Price” with publication date: January 07, 2018 was also an interesting one.

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