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

July 18, 2017 - By Linda Rogers

 Analysts See $0.20 EPS for New York Community Bancorp, Inc. (NYCB)
Investors sentiment increased to 1.13 in 2016 Q4. Its up 0.05, from 1.08 in 2016Q3. It is positive, 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.
Prudential Plc holds 0% in New York Community Bancorp, Inc. (NYSE:NYCB) or 31,800 shares. Louisiana State Employees Retirement Sys reported 120,400 shares. Comerica Comml Bank reported 405,676 shares. Gam Holding Ag reported 21,200 shares. Ls Invest Advsrs Lc owns 50,575 shares. Us Bancorporation De owns 41,070 shares for 0% of their portfolio. Savings Bank Of America De reported 0.01% of its portfolio in New York Community Bancorp, Inc. (NYSE:NYCB). Blb&B Advsrs Ltd reported 0.17% of its portfolio in New York Community Bancorp, Inc. (NYSE:NYCB). Ameritas Invest Prtnrs has invested 0.12% in New York Community Bancorp, Inc. (NYSE:NYCB). Sei Invests Com holds 4,098 shares. Cibc Asset Mgmt has invested 0% of its portfolio in New York Community Bancorp, Inc. (NYSE:NYCB). 362,956 are owned by Mendon Cap. 121,400 were accumulated by South Dakota Inv Council. City Hldgs stated it has 1,000 shares. Commerzbank Aktiengesellschaft Fi invested 0% in New York Community Bancorp, Inc. (NYSE:NYCB).

Investors wait New York Community Bancorp, Inc. (NYSE:NYCB) to report on July, 26. its quarterly earnings Wall Street analysts expect $0.20 EPS, down $0.06 or 23.08 % from last year’s $0.26 same quarter earnings. This translates into $97.39M profit for NYCB giving the stock a 16.30 P/E. This is assuming the current $0.20 EPS is accurate. New York Community Bancorp, Inc.’s Wall Street analysts see -4.76 % negative EPS growth, taking into account the $0.21 EPS reproted in the previous quarter, The stock increased 0.15% or $0.02 during the last trading session, reaching $13.04. About 2.42M 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. The stock of New York Community Bancorp, Inc. (NYSE:NYCB) earned “Outperform” rating by Raymond James on Friday, October 30. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, June 27. The stock of New York Community Bancorp, Inc. (NYSE:NYCB) earned “Buy” rating by Sandler O’Neill on Monday, November 2. Keefe Bruyette & Woods maintained New York Community Bancorp, Inc. (NYSE:NYCB) on Friday, May 26 with “Hold” rating. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Wednesday, December 21. As per Friday, October 7, the company rating was initiated by Wedbush. The rating was downgraded by FBR Capital on Wednesday, December 21 to “Underperform”. As per Tuesday, January 19, the company rating was upgraded by FBR Capital. The company was maintained on Friday, April 7 by FBR Capital. On Wednesday, December 21 the stock rating was downgraded by Raymond James to “Mkt Perform”.

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: Reuters.com which released: “BRIEF-New York Community Bancorp announces strategic sale of mortgage banking …” on June 27, 2017. Also Nasdaq.com published the news titled: “Alecta Pensionsforsakring, Omsesidigt Buys Facebook Inc, New York Community …” on July 06, 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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