Citi Analyst Says New York Community (NYB) Dividend "Unsustainable"
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Price: $12.54 -1.95%
Rating Summary:
1 Buy, 11 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 4 | New: 7
Rating Summary:
1 Buy, 11 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 4 | New: 7
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Analysts at Citi said New York Community Bancorp (NYSE: NYB) $1 per share annual dividend is "unsustainable" and prevents the company from making acquisitions.
The firm reiterated their Sell rating and price target of $11.00.
For an analyst ratings summary and ratings history on New York Community Bancorp click here. For more ratings news on New York Community Bancorp click here.
Shares of New York Community Bancorp closed at $12.89 yesterday.
The firm reiterated their Sell rating and price target of $11.00.
For an analyst ratings summary and ratings history on New York Community Bancorp click here. For more ratings news on New York Community Bancorp click here.
Shares of New York Community Bancorp closed at $12.89 yesterday.
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