RBC Capital analyst Steven Duong maintained a Buy rating on New York Community Bancorp (NYSE:NYCB) on Thursday, setting a price target of $17, which is approximately 44.31% above the present share price of $11.78.
Duong expects New York Community Bancorp (NASDAQ:CTBI) to post earnings per share (EPS) of $0.00 for the third quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in NY Community, with an average price target of $14.17.
The analysts price targets range from a high of $17 to a low of $12.5.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $347 million and a net profit of $0. The company's market cap is $5.48 billion.
According to TipRanks.com, RBC Capital analyst Steven Duong is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 30.1% and a 65.75% success rate.
New York Community Bancorp, Inc. engages in the production of multi-family loans on non-luxury rent-regulated buildings that feature below-market rents. It offers financial products and services to individuals and businesses. The company was founded on July 20, 1993 and is headquartered in Westbury, NY.