In this blog, we’ll embark on a journey through New York Community Bancorp, Inc. (NYSE: NYCB), uncovering NYCB rumors, why is nycb stock so low, nycb stock price, what is wrong with NYCB, recent developments, and exciting prospects for the future.
NYCB Stock Forecast is priced at $3.90 per share in 2024 NYCB stock Forecast will climb to $6.13 by 2025 and reach $13.28 by 2030, $17.19 in 2035, and $30 in 2040 assuming it maintains its current 10-year average growth rate.
According to the latest New York Community Bancorp, Inc. Stock Forecast (NYSE: NYCB), the average 12-month price target for NY Community (NYCB) stock is $5.00, with a high forecast of $7.00 and a low forecast of $3.45. This average price target represents a 7.75% change from the last price of $3.66.
- About NEW YORK COMMUNITY BANCORP INC (NYCB) Stock Quotes, Financial Update
- NEW YORK COMMUNITY BANCORP INC (NYCB) Quarterly Financial
- LongTerm NYCB Stock Forecast and Price Prediction 2024, 2025, 2030, 2040, 2050
- NYCB Stock Forecast 2025
- NYCB Stock Forecast 2029
- NYCB Stock Forecast 2030
- NYCB Stock Forecast 2034
- NYCB Stock Forecast 2035
- NYCB Stock Forecast 2040
- NYCB Stock Forecast 2050
- Why is NYCB stock so low?
- About New York Community Bancorp Inc. Stock (NYCB: NYSE) Company
About NEW YORK COMMUNITY BANCORP INC (NYCB) Stock Quotes, Financial Update
| Open | 3.75 |
| Day High (Low) | 3.84 (3.60) |
| Previous Close | 3.90 |
| 52 Week High | 14.22 |
| 52 Week Low | 1.70 |
| Market Cap | 2.877B |
| Shares Outstanding | 797.92M |
| 10 Day Average Volume | 77.88M |
| Dividend | 0.20 |
| Dividend Yield | 5.55% |
| Beta | 0.96 |
| YTD % Change | -64.42% |
NEW YORK COMMUNITY BANCORP INC (NYCB) Quarterly Financial
| Metric | Dec 2023 (USD) | YOY Change |
|---|---|---|
| Revenue | $326M | +10.88% |
| Net Income | -$2.7B | +1672.67% |
| Diluted EPS | -$3.72 | +1340% |
| Net Profit Margin | -829.75% | +1518.38% |
| Earnings Call | Previous EPS | Previous Revenue |
|---|---|---|
| Dec 2023 | Miss: -193.61% | Miss: -3.93% |
The estimated Q1 2024 earnings date for the New York Community Bancorp, Inc. (NYSE: NYCB) is April 26, 2024, while the ex-dividend date was February 13, 2024, with an NYCB dividend amount of $0.05 per share.
LongTerm NYCB Stock Forecast and Price Prediction 2024, 2025, 2030, 2040, 2050
Our experts predict that NYCB Stock by 2050 (NYCB) could reach an average of $53.91 per share, with a high estimate of $88.05 and a low estimate of $32.72. This would be a significant increase of 202% from its current price of $3.65. See the forecast table below:
| Year | Average Price | High Forecast | Low Forecast |
|---|---|---|---|
| 2024 | $3.90 | $5.27 | $2.54 |
| 2025 | $6.13 | $8.28 | $3.86 |
| 2030 | $13.28 | $17.94 | $8.63 |
| 2035 | $17.19 | $23.22 | $11.21 |
| 2040 | $30.00 | $40.50 | $19.50 |
NYCB Stock Forecast 2025
New York Community Bancorp Inc. (NYCB: NYSE) | NYCB Stock Forecast 2025 is expected to reach an NYCB stock average price target of $6.13 per share by August 1, 2025, with a high prediction of $8.28 and a low estimate of $3.86. This indicates NYCB has risen to +96.38% from the last recorded price of $3.65.
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NYCB Stock Forecast 2029
New York Community Bancorp Inc. Stock in the next 5 years (NYCB: NYSE) | NYCB Stock Forecast 2029 is expected to reach an NYCB stock average price target of $13.13 per share by March 6, 2029, with a high prediction of $8.28 and a low estimate of $3.86. This indicates NYCB has risen to +196.38% from the last recorded price of $3.65.
NYCB Stock Forecast 2030
New York Community Bancorp Inc. (NYCB: NYSE) | NYCB Stock Forecast 2030 is expected to reach an NYCB stock average price target of $13.13 per share by March 21, 2030, with a high prediction of $8.28 and a low estimate of $3.86. This indicates NYCB has risen to +196.38% from the last recorded price of $3.65.
NYCB Stock Forecast 2034
New York Community Bancorp Inc. Stock in the next 10 years (NYCB: NYSE) | NYCB Stock Forecast 2034 is expected to reach an NYCB stock average price target of $23.13 per share by March 6, 2034, with a high prediction of $38.28 and a low estimate of $13.86. This indicates NYCB has risen to +156.38% from the last recorded price of $3.65.
NYCB Stock Forecast 2035
New York Community Bancorp Inc. Stock (NYCB: NYSE) | NYCB Stock Forecast 2035 is expected to reach an NYCB stock average price target of $30.00 per share by January 16, 2040, with a high prediction of $23.22 and a low estimate of $11.21. This indicates NYCB has risen to +136.38% from the last recorded price of $3.65.
NYCB Stock Forecast 2040
New York Community Bancorp Inc. Stock (NYCB: NYSE) | NYCB Stock Forecast 2040 is expected to reach an NYCB stock average price target of $13.13 per share by March 6, 2029, with a high prediction of $40.50 and a low estimate of $19.56. This indicates NYCB Stock has risen to +396.38% from the last recorded price of $3.65.
NYCB Stock Forecast 2050
New York Community Bancorp Inc. Stock (NYCB: NYSE) | NYCB Stock Forecast 2050 is expected to reach an NYCB stock average price target of $63.13 per share by March 6, 2050, with a high prediction of $100.50 and a low estimate of $49.56. This indicates NYCB Stock has risen to +1396.38% from the last recorded price of $3.65.
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Why is NYCB stock so low?
New York Community Bancorp (NYCB) is facing some challenges that have led to a decline in its stock value. In February, New York Community Bank (NYSE: NYCB) faced financial difficulties including poor earnings, a credit rating downgrade, reduced dividends, and accounting problems.
Let’s break down what’s been happening with NYCB Stock:
- Macroeconomic Issues: The Federal Reserve, which is like the big boss of money in the U.S., has been increasing interest rates. This means it’s more expensive for NYCB to pay interest to people who put money in their bank accounts. Also, there aren’t as many people wanting to borrow money, so NYCB isn’t making as much from loans with higher interest rates.
- Loss of Revenue: NYCB recently had some bad news to share. In the last three months, they ended up losing $252 million. That’s a big drop compared to the $172 million profit they made in the same period last year.
- Reduced Dividend: NYCB decided to cut down on the amount of money they pay out to their investors. This means if you own NYCB stock, you might not get as much in dividends as before.
- Increased Loan Loss Provisions: NYCB is being extra careful about setting aside money for when people can’t pay back the loans they took. They’ve put aside more money for this than they thought they would need.
- Internal Control Issues: NYCB found some problems in how they keep track of the risks involved with loans. They call these problems “material weaknesses,” which means they’re serious and need fixing.
Overall, these issues have made investors worried about NYCB’s future, which is why its stock has been on a downward trend. It’s a tough time for NYCB, but they’re working on solutions to turn things around.
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About New York Community Bancorp Inc. Stock (NYCB: NYSE) Company
New York Community Bancorp, Inc. is a large company focused on banking. They’re listed on the New York Stock Exchange, which is a big deal! Their main office is in Hicksville, New York, and they look after Flagstar Bank. Believe it or not, this company has been around since way back on April 14, 1859! NYCB has branches everywhere, with a whopping 395 of them in states like New York, Michigan, New Jersey, Ohio, Florida, Arizona, and Wisconsin.
| CEO | Thomas R Cangemi (Dec 31, 2020–) |
| Founded | April 14, 1859 |
| Headquarters | Hicksville, Hicksville, NY |
| Number of Employees | 8,766 (2023) |
| Subsidiaries | Flagstar Bank, Flagstar Bank, National Association, MORE |
| State Presence | Wisconsin |
DISCLAIMER NOTICE: This information is not professional financial advice. It’s like a road sign reminding you to take the right path. Just as you would ask a guide for directions on a hike, it’s a good idea to seek advice from a qualified financial advisor who can help you figure out the best way to reach your financial goals.
What is NYCB Stock Price Prediction by 2025?
Based on Long-term fundamental analysis New York Community Bancorp (NYCB) stock price is predicted to be $6.13 in 2025.
What is the NYCB Stock Forecast in the next 10 years?
The NYCB stock forecast for the next 10 years suggests potential growth in 2034 NYCB stock price is predicted to be $23.13 in 2034 which would be a 260.86% increase from the current price of $3.65
Why is NYCB Stock so low today?
NYCB’s stock is dropping because they had a surprise loss last quarter, slashed their dividend by 70% in January, found internal control problems, and had to revise their loss estimate much higher, causing concerns among investors and leading to a decline in stock value.