"Come taste me, I am a star!"
Look at this thing, under the current environment and flying.
I wonder what's behind it (unfortunately, there appears to be
NO options on this rocket)
stockcharts.com[W,A]DBCLYYMY[PC50!C200!D20,2][VC60][IUB14!LA12,26,9!LL14!LF]
Business Summary
FLGS, is a MI based holding company for Flagstar Bank, FSB,
which provides mortgage and retail banking services.
For the 9 months ended 9/00, total interest income rose 61% to $275.7M.
Year-To-Date Results
Net interest income after loan prov. rose 40% to $58.9M.
Net income fell 29% to $21.4M.
Net interest income reflects increased average earning assets partially offset
by a lower interest rate spread.
Net income was offset by lower gains on loan sales.
Share Information
Market Capitalization $170.8 Mil.
Shares Outstanding 11.9 Mil.
Trading Float 5.1 Mil.
Monthly Trading Volume 565.0 Thou.
Beta 1.0
Indicated Annual Dividend 0.40
Current Price
Price (12/1/2000) $14.38
52 Week High (1/3/2000) $17.25
52 Week Low (6/30/2000) $7.38
Per Share Statistics & Current Price Multiples
Share Multiple
Earnings (TTM) $2.32 6.2x
Book Value (MRQ) $16.01 0.9x
Cash Flow (TTM) $4.36 3.3x
Revenues (TTM) $26.90 0.5x
Employees
Employees 1,627
Sales Per Employee (TTM) $210,868
Net Income Per Employee (TTM) $18,168
Institutional Ownership
84 Institutions own 17.3% of the 11.9 million common shares
outstanding. The average institutional ownership of the S&Ls/Savings
Banks Industry is 40.5%, and the average institutional ownership of
the S&P 500 as a whole is 58.3%.
Insider Trading
Insiders hold 6.78 million shares. In the last 6 months,
there have been no insider purchases, and there have
been no insider sales.
Equity and Debt Composition
Common Stock $.01 Par, 9/00, 40M auth., 13,384,923 issd., less
1,498,970 shares in Treas. @ cost. Insiders own approx. 57%.
Initial Public Offering:
4/97, 8,050,000 shares @ $20
by Lehman Brothers, Inc.
Dividends
The Indicated Annual Dividend Rate is $0.40 a share
giving FLGS a current yield of 2.8%. Latest quarterly
dividend of $0.10 a share was paid 11/30/00. The stock
went Ex-Dividend 11/13/00.
$0.18
_____________________
No recommendation. it merely caught my eye.
I am searching for more info on this stock
Flagstar Bancorp, Inc (FLGS - NASDAQ)
I went to see if there was a thread here in SI...
there is one but no posts....
Message 14935703
Interested in comments if anyone can take the devil's advocate side... |
