Flagstar Financial (NYSE:FLG) Price Target Raised to $12.00

Flagstar Financial (NYSE:FLG) had its target price upped by Compass Point from $11.50 to $12.00 in a report published on Tuesday morning,Benzinga reports. They currently have a neutral rating on the stock.

Flagstar Financial Stock Down 2.1 %

FLG opened at $11.05 on Tuesday. The firm has a market capitalization of $4.59 billion, a price-to-earnings ratio of -2.53 and a beta of 1.05. Flagstar Financial has a 1-year low of $5.10 and a 1-year high of $34.47. The company has a quick ratio of 1.12, a current ratio of 1.14 and a debt-to-equity ratio of 2.52.

Flagstar Financial Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Monday, December 9th will be issued a dividend of $0.01 per share. This represents a dividend yield of 0.33%. The ex-dividend date is Friday, December 6th. Flagstar Financial’s dividend payout ratio is currently -0.92%.

About Flagstar Financial

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.