Royal Bank Of Canada Cuts Flagstar Bank, National Association (NYSE:FLG) Price Target to $13.00

Posted by on Oct 9th, 2026

Flagstar Bank, National Association (NYSE:FLG – Get Free Report) had its price objective dropped by stock analysts at Royal Bank Of Canada from $15.00 to $13.00 in a report issued on Friday, Benzinga reports. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 14.14% from the stock’s previous close.

FLG has been the subject of a number of other research reports. Morgan Stanley lowered their price objective on Flagstar Bank, National Association from $17.00 to $16.00 and set an “overweight” rating for the company in a research note on Monday, September 28th. Piper Sandler lifted their price objective on Flagstar Bank, National Association from $16.50 to $17.50 and gave the company an “overweight” rating in a research report on Friday, June 26th. Cantor Fitzgerald increased their price target on shares of Flagstar Bank, National Association from $16.00 to $17.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. JPMorgan Chase & Co. decreased their price objective on shares of Flagstar Bank, National Association from $15.50 to $14.00 and set a “neutral” rating for the company in a report on Thursday, October 1st. Finally, Weiss Ratings upgraded Flagstar Bank, National Association from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, October 2nd. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $16.04.

View Our Latest Stock Analysis on FLG

Flagstar Bank, National Association Stock Up 0.4%

Shares of FLG stock traded up $0.04 during trading hours on Friday, reaching $11.39. The company had a trading volume of 3,521,258 shares, compared to its average volume of 4,941,651. The company has a market capitalization of $4.73 billion, a P/E ratio of 379.30 and a beta of 1.05. The stock’s fifty day simple moving average is $13.12 and its 200 day simple moving average is $13.83. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.90 and a current ratio of 0.90. Flagstar Bank, National Association has a twelve month low of $10.57 and a twelve month high of $15.44.

Flagstar Bank, National Association (NYSE:FLG – Get Free Report) last released its quarterly earnings results on Friday, July 24th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.01). The firm had revenue of $512.00 million for the quarter, compared to analysts’ expectations of $539.34 million. Flagstar Bank, National Association had a return on equity of 0.98% and a net margin of 1.08%.The business’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period last year, the firm earned ($0.14) EPS. As a group, sell-side analysts expect that Flagstar Bank, National Association will post 0.28 earnings per share for the current fiscal year.

Flagstar Bank, National Association declared that its board has initiated a share repurchase plan on Friday, July 24th that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the company to reacquire up to 4.1% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC lifted its holdings in Flagstar Bank, National Association by 26.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 21,218 shares of the company’s stock worth $248,000 after buying an additional 4,376 shares in the last quarter. Core Capital Management & Research inc. acquired a new position in shares of Flagstar Bank, National Association during the second quarter valued at $50,000. Sequoia Financial Advisors LLC lifted its stake in shares of Flagstar Bank, National Association by 166.5% during the second quarter. Sequoia Financial Advisors LLC now owns 33,438 shares of the company’s stock valued at $500,000 after acquiring an additional 20,893 shares during the period. Tidal Investments LLC bought a new position in Flagstar Bank, National Association in the second quarter valued at about $207,000. Finally, Engineers Gate Manager LP acquired a new stake in Flagstar Bank, National Association in the second quarter worth about $8,480,000. Institutional investors and hedge funds own 67.88% of the company’s stock.

About Flagstar Bank, National Association

(Get Free Report)

Flagstar Bank, National Association is the principal banking subsidiary of Flagstar Financial, Inc (NYSE: FLG). The bank provides a range of financial services to consumers, businesses and institutional clients, including deposit accounts, residential and commercial lending, consumer loans, credit products and treasury management services.

Flagstar also has a significant mortgage banking business, offering home purchase and refinancing loans through retail, broker and correspondent channels.

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