- Flagstar Financial (FLG, Financial) reported a Q1 adjusted EPS that exceeded expectations, though revenue was less impressive.
- Analysts have set a one-year price target showing potential growth, with an upside of 9.80%.
- The GF Value estimate suggests a significant upside, indicating the stock might be undervalued.
Flagstar Financial (FLG) recently unveiled its financial performance for the first quarter, demonstrating a narrower-than-anticipated loss, despite falling short on the revenue front. The company reported an adjusted earnings per share (EPS) of - $0.23, surpassing analysts’ prediction of - $0.28. However, revenue came in at $490 million, trailing behind the consensus estimate of $510 million.
Wall Street Analysts Forecast
According to a group of 14 analysts who provided one-year price targets for Flagstar Financial Inc (FLG, Financial), the average target price is $12.38. With a high projection of $14.00 and a low of $10.50, these targets imply a potential upside of 9.80% from the current trading price of $11.27. For more in-depth data, visit the Flagstar Financial Inc (FLG) Forecast page.
From the consensus of 16 brokerage firms, Flagstar Financial Inc's (FLG, Financial) current average brokerage recommendation is 2.8, which translates to a "Hold." This recommendation is based on a scale where 1 signifies a Strong Buy and 5 indicates a Sell.
GuruFocus estimates project that the GF Value of Flagstar Financial Inc (FLG, Financial) in the next year could rise to $15.79, suggesting a potential upside of 40.11% from its current price of $11.27. The GF Value represents GuruFocus' assessment of the stock's fair value, determined by examining its historical trading multiples, past growth, and future performance forecasts. For additional insights, please refer to the Flagstar Financial Inc (FLG) Summary page.
