Flagstar Bank Stock Price History and Financial Performance

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Flagstar Bank's stock price has shown significant growth over the years, with its shares increasing in value from around $5 in 2009 to over $50 in 2020.

The bank's financial performance has been impressive, with a net income of $243.8 million in 2020, a 23% increase from the previous year.

Flagstar Bank has a strong presence in the US, with over 160 branches across five states.

The bank's assets have grown steadily, reaching $28.6 billion in 2020, a 12% increase from 2019.

Price and Forecast

Flagstar Bank's stock price has been relatively stable over the past 3 months, with an average weekly movement of 6.6%, which is comparable to the US market's average movement of 6.5%.

Compared to the banks industry, FLG's price volatility is slightly higher, with an average weekly movement of 5.2%. This suggests that FLG's stock price is more susceptible to fluctuations in the market.

Here's a brief comparison of FLG's volatility to the US market:

Analysts are predicting a 23.88% increase in FLG's stock price over the next 12 months, with an average rating of "Hold" from 4 analysts.

Price

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FLG's price has been relatively stable over the past 3 months, with an average weekly movement of 6.6%, which is comparable to the market average movement of 6.5%.

The company's price volatility is actually lower than the banks industry average movement of 5.2%.

To put this into perspective, the 10% most volatile stocks in the US market have an average weekly movement of 19.2%, while the 10% least volatile stocks have an average weekly movement of 3.3%.

Here are some key statistics on FLG's price volatility compared to the industry and market:

FLG's weekly volatility has actually decreased from 13% to 7% over the past year.

Analyst Forecast

The 12-month stock price forecast is $11.88, which is a significant increase of 23.88% from the latest price. This suggests a promising future for the stock, but it's essential to keep in mind that stock prices can fluctuate rapidly.

Frequently Asked Questions

Is Flagstar publicly traded?

Flagstar Bancorp was acquired by the Company, but its current public trading status is not specified in the provided text.

Vanessa Schmidt

Lead Writer

Vanessa Schmidt is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for research, she has established herself as a trusted voice in the world of personal finance. Her expertise has led to the creation of articles on a wide range of topics, including Wells Fargo credit card information, where she provides readers with valuable insights and practical advice.

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