Flagstar Bank, National Association (NYSE:FLG) Raised to Buy at TD Cowen

Posted by Francis Steltz on Jul 6th, 2026

Flagstar Bank, National Association (NYSE:FLG – Get Free Report) was upgraded by TD Cowen from a “hold” rating to a “buy” rating in a note issued to investors on Monday. The firm presently has a $18.00 price objective on the stock. TD Cowen’s target price would suggest a potential upside of 23.41% from the company’s previous close.

Several other research firms have also issued reports on FLG. Wall Street Zen lowered shares of Flagstar Bank, National Association from a “hold” rating to a “sell” rating in a research note on Saturday. Citigroup raised their target price on Flagstar Bank, National Association from $17.00 to $18.00 and gave the company a “buy” rating in a report on Thursday, June 25th. DA Davidson boosted their price target on Flagstar Bank, National Association from $16.00 to $17.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Barclays upped their price target on Flagstar Bank, National Association from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 7th. Finally, JPMorgan Chase & Co. increased their price objective on Flagstar Bank, National Association from $15.50 to $17.00 and gave the company a “neutral” rating in a report on Wednesday, July 1st. Eight analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $16.25.

Read Our Latest Stock Analysis on Flagstar Bank, National Association

Flagstar Bank, National Association Trading Down 0.0%

NYSE:FLG opened at $14.59 on Monday. The company has a market capitalization of $6.08 billion, a P/E ratio of -66.30 and a beta of 1.01. The stock’s 50 day moving average price is $14.26 and its 200 day moving average price is $13.60. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.90 and a current ratio of 0.90. Flagstar Bank, National Association has a 52 week low of $10.57 and a 52 week high of $15.36.

Flagstar Bank, National Association (NYSE:FLG – Get Free Report) last posted its earnings results on Friday, April 24th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. Flagstar Bank, National Association had a negative net margin of 1.22% and a negative return on equity of 0.11%. The firm had revenue of $507.00 million during the quarter, compared to analysts’ expectations of $556.74 million. During the same period in the previous year, the company earned ($0.26) earnings per share. The company’s revenue was up 1.6% compared to the same quarter last year. On average, research analysts forecast that Flagstar Bank, National Association will post 0.44 EPS for the current fiscal year.

Institutional Investors Weigh In On Flagstar Bank, National Association

Hedge funds and other institutional investors have recently modified their holdings of the stock. Alliancebernstein L.P. raised its stake in Flagstar Bank, National Association by 1,130.1% during the 2nd quarter. Alliancebernstein L.P. now owns 6,635,962 shares of the company’s stock valued at $70,341,000 after purchasing an additional 6,096,512 shares during the last quarter. Alyeska Investment Group L.P. bought a new position in shares of Flagstar Bank, National Association during the 4th quarter worth about $53,216,000. Norges Bank bought a new position in shares of Flagstar Bank, National Association during the 4th quarter worth about $44,046,000. JPMorgan Chase & Co. raised its position in shares of Flagstar Bank, National Association by 310.8% during the third quarter. JPMorgan Chase & Co. now owns 3,825,713 shares of the company’s stock valued at $44,187,000 after buying an additional 2,894,424 shares during the last quarter. Finally, North Reef Capital Management LP bought a new stake in shares of Flagstar Bank, National Association in the first quarter valued at about $36,744,000. Institutional investors and hedge funds own 67.88% of the company’s stock.

Flagstar Bank, National Association Company Profile

(Get Free Report)

Flagstar Financial Corporation (NYSE: FLG) is a bank holding company whose principal subsidiary, Flagstar Bank, provides a range of financial services across the United States. Headquartered in Troy, Michigan, Flagstar combines commercial banking, mortgage lending and servicing, and deposit products to serve individuals, businesses and public entities. As a publicly traded company, Flagstar leverages its banking charter and national mortgage platform to deliver tailored financial solutions through both digital and branch channels.

The company’s mortgage business is one of the largest residential originators and servicers in the nation, offering retail, wholesale and correspondent lending channels.