This summary was created by AI, based on 4 opinions in the last 12 months.
The reviews from different experts paint a mixed picture of NYCB-N. While one expert expresses deep concern over the company's management and recent acquisition, another emphasizes the high-risk nature of investing in the stock at its current low levels. However, there is also a positive outlook from an expert who highlights the company's strong position in the multi-family portfolio lending market, attractive valuation, and dividend yield. Overall, the stock appears to carry significant risk due to its low confidence and turmoil but also presents potential value and opportunity for those willing to take on the risk.
NYCB tried to calm investors today, but also at the same time said it was exploring asset sales. These situations are often binary. Either it survives, and the stock doubles, or more, or it goes to zero. We would consider any long position in options as exceptionally risky, essentially a lottery ticket. The stock is at 27 year lows. One thing to remember in the banking sector is that it runs on confidence. If confidence goes, the company often follows. We would not endorse such a trade unless one just wants a pure 100% speculation with money they don't care about.
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Last week she was going to sell this, but this morning she woke to see the game has completely changed. (Shares soaring 32%.) One bank's loss is another's gain. Signature Bank is hugely accretive to NY Comm's earnings with total book value rising 15%. NY is paying down debt, reducing reliance on costlier wholesale borrowing and the yield is capital neutral, so there's no need to raise capital.
Don't be awed by their 10% yield. Pay more attention to the principal, which could go down.
New York Community Bankcor Inc. is a American stock, trading under the symbol NYCB-N on the New York Stock Exchange (NYCB). It is usually referred to as NYSE:NYCB or NYCB-N
In the last year, 3 stock analysts published opinions about NYCB-N. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for New York Community Bankcor Inc..
New York Community Bankcor Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for New York Community Bankcor Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered New York Community Bankcor Inc. In the last year. It is a trending stock that is worth watching.
On 2024-04-25, New York Community Bankcor Inc. (NYCB-N) stock closed at a price of $3.07.
Shares are plunging 22% on more inner turmoil. It's troubling. They're not managed well. Troubling that NYCB bought a company recently and the Feds didn't pick up on the company's woes. Avoid regional banks and buy the big, established ones like JPM.