Assessing New York Community: Insights From 7 Financial Analysts

Analysts' ratings for New York Community NYCB over the last quarter vary from bullish to bearish, as provided by 7 analysts.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Insights from analysts' 12-month price targets are revealed, presenting an average target of $9.07, a high estimate of $12.00, and a low estimate of $7.00. A 26.85% drop is evident in the current average compared to the previous average price target of $12.40.

Investigating Analyst Ratings: An Elaborate Study

In examining recent analyst actions, we gain insights into how financial experts perceive New York Community. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to New York Community. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of New York Community compared to the broader market.
• Price Targets: Analysts predict movements in price targets, offering estimates for New York Community's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of New York Community's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on New York Community analyst ratings.

Get to Know New York Community Better

New York Community Bancorp Inc is the bank holding company. It is a New York State-chartered savings bank that operates through eight local divisions: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio, and AmTrust Bank in Florida and Arizona. The bank compete for depositors in diverse markets with a comprehensive menu of products and services, and access to multiple service channels, including online banking, mobile banking, and banking by phone. It is also a producer of multi-family loans in New York City.

New York Community: A Financial Overview

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Positive Revenue Trend: Examining New York Community's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 203.79% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.

Net Margin: New York Community's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 18.91%, the company may face hurdles in effective cost management.

Return on Equity (ROE): New York Community's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 1.87%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): New York Community's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.17%, the company may face hurdles in achieving optimal financial returns.

Debt Management: New York Community's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.34, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

Analyst Ratings: What Are They?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.