Overall market sentiment has been high on Flagstar Bancorp Inc (FBC) stock lately. FBC receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With FBC Stock Today?
Flagstar Bancorp Inc (FBC) stock has fallen -4.43% while the S&P 500 is higher by 0.19% as of 10:55 AM on Monday, Aug 10. FBC has fallen -$1.45 from the previous closing price of $32.70 on volume of 1,561,511 shares. Over the past year the S&P 500 has gained 16.46% while FBC has fallen -8.12%. FBC earned $4.95 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.31.
To see InvestorsObserver's Sentiment Score for Flagstar Bancorp Inc click here.
More About Flagstar Bancorp Inc
Headquartered in Troy, Mich., Flagstar is a thrift that originates, services, and sells loans across the United States. The bank has around $14.2 billion in assets and $7.8 billion in deposits. First mortgage, second mortgage, and commercial real estate loans collectively compose 88% of the bank's investment portfolio.
