New York Story

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NYCB -- USA Stock  

USD 12.21  0.21  1.75%

New York Community is scheduled to announce its earnings tomorrow. The upcoming quarterly report is expected on the 27th of January 2021. As many millenniums are getting excited about financial services space, it is only fair to go over the feasibility of shorting New York Community. I will address why investors ignored this entity since the beginning of the current economic outlook.
Published over a month ago
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Do analysts have more confidence in New York (NYSE:NYCB) in January?
The company currently holds 15.95 B in liabilities with Debt to Equity (D/E) ratio of 0.06, which may suggest New York Community is not taking enough advantage from borrowing.
What is the right price you would pay to acquire a share of New York? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated.
Please read more on our stock advisor page.

What is happening with New York Community this year

Annual and quarterly reports issued by New York Community are formal financial statements that are published yearly and quarterly and sent to New York stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as New York often view their annual report as an effective marketing tool to disseminate their perspective on company future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.

How New York utilizes its cash?

To perform a cash flow analysis of New York, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash New York is receiving and how much cash it distributes out in a given period. The New York cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
New York Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 458.77 Million

New York exotic insider transaction detected

Legal trades by New York insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
New York insider trading alert for general transaction of common stock by Adams John Thomas, EVP & CLO of Subsidiary, on 2nd of March 2021. This event was filed by New York Community Bancor with SEC on 2021-03-02. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.


Earning per share calculations of New York is based on official Zacks consensus of 9 analysts regarding New York's future annual earnings. Given the historical accuracy of 100.0%, the future earnings per share of the company is estimated to be 0.894 with the lowest and highest values of 0.86 and 0.91, respectively. Please note that this consensus of annual earnings estimates for the firm is an estimate of EPS before non-recurring items and including employee stock options expenses.

Is New York a risky opportunity?

Let's check the volatility. New York is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind New York (NYSE:NYCB) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. taking in a share of a New York stock makes you a part-owner of that company.

New York Community Current Consensus

Here is the current trade recommendation based on an ongoing consensus estimate among financial analysis covering New York Community. The New York consensus assessment is calculated by taking the average estimates from all of the analysts covering New York

Strong Buy
Strong Buy428.57
Strong Sell00.0

New York is projected to stay under $11.25 in February

Potential upside is down to 4.4. It may suggest a possible volatility slip. New York Community currently demonstrates below-verage downside deviation. It has Information Ratio of 0.1 and Jensen Alpha of 0.44. However, we do advice investors to further question New York Community expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Whereas some other firms under the banks?regional industry are still a bit expensive, New York may offer a potential longer-term growth to investors. All things considered, as of the 26th of January 2021, we see that New York barely shadows the market. The company is undervalued with below average odds of financial distress within the next 24 months. Our present 30 days Buy-Hold-Sell recommendation on the company is Strong Buy.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of New York Community. Please refer to our Terms of Use for any information regarding our disclosure principles.

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