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Opinions The Panic-Proof Portfolio (Stockchase Research)
New York Community Bankcor Inc.NYCBPAST TOP PICKOct 26, 2023
$9.87
Stock price when the opinion was issued
$14.64
As of Jun 18, 2026. Market Open.
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Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly
NYCB is the second largest multi-family portfolio lender in the US, it trades at 8x earnings, under book value and supports an ROE of 30%. We like that cash reserves are growing, while retiring debt and buying back shares. It pays a good dividend, backed by a payout ratio under 20% of cash flow. We recommend a stop-loss at $10, looking to achieve $15 -- upside potential over 21%. Yield 5.6%
(Analysts’ price target is $15.34)trust, savings and loan
BUY
Last week she was going to sell this, but this morning she woke to see the game has completely changed. (Shares soaring 32%.) One bank's loss is another's gain. Signature Bank is hugely accretive to NY Comm's earnings with total book value rising 15%. NY is paying down debt, reducing reliance on costlier wholesale borrowing and the yield is capital neutral, so there's no need to raise capital.
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Premium contentPAST TOP PICK
(A Top Pick Mar 29/22, Down 5.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NYCB has triggered its stop at $10.50. To remain disciplined, we recommend covering the position at this time. This results in a net investment loss of 9%, when combined with the previous buy recommendation.
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Premium contentTOP PICK
Stockchase Research Editor: Michael O’Reilly We again reiterate this top services bank in Metro New York, New Jersey and other other regions, as a TOP PICK. Ranked as one of the top customer service banks in 2021, it trades at 9x earnings versus peers at 14x, and is currently trading under book value. Rising interest rates will enhance their profitability. The dividend yield is high, backed by a payout ratio under 60% of cash flow. We recommend keeping $10.50 as a tight stop loss, looking to achieve $15.00 -- 33% upside. Yield 6.2% (Analysts’ price target is $14.98)
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Premium contentTOP PICK
Stockchase Research Editor: Michael O’Reilly We again reiterate NYCB, a top services bank in Metro New York, New Jersey and other other regions, as a TOP PICK. It trades at 10x earnings versus peers at 12x, and is currently trading at book value. Rising interest rates will enhance their profitability. The dividend yield is high, backed by a payout ratio under 60% of cash flow. We recommend $10.50 as a stop loss, looking to achieve $15.00 -- 27% upside. Yield 5.87% (Analysts’ price target is $15.02)
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Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly As a top bank offering services in Metro New York, New Jersey and other other regions, we again reiterate NYCB as a TOP PICK. It trades at 10x earnings versus peers at 13x, and is currently trading at book value. While growing EPS at 14% annually, it trades with a PEG less than 1.0 -- a good growth story. The dividend yield is high, backed by a payout ratio under 55% of cash flow. We continue to recommend $11.50 as a stop loss, looking to achieve $15.25 -- 19% upside. Yield 5.57% (Analysts’ price target is $15.15)
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Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly We reiterate NYCB, a bank offering services in Metro New York and New Jersey another other regions, as a TOP PICK. It trades at 10x earnings, and is currently trading at book value. The dividend yield remains high and is backed by a payout ratio under 55% of cash flow. We continue to recommend $11.50 as a stop loss, looking to achieve $15.50 -- 17% upside. Yield 5.49% (Analysts’ price target is $15.18)
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Premium contentPAST TOP PICK
Premium contentPAST TOP PICK
(A Top Pick Nov 17/20, Up 28.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NYCB has achieved its $11.50 target. To remain disciplined, we are recommending covering 50% of the position and trailing up the stop (from $7.50) to $10.50. This will all but guarantee a minimum return exceeding 22%.
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Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly This bank offering services in Metro New York and New Jersey as well as Ohio, Florida and Arizona trades at 11 PE, almost half of the sector average of 20 times. With growth expectations in earnings of over 16%, this makes the company undervalued. The dividend yield is stellar and backed by a payout ratio of 82%, but projected to 65% next year. We would buy this with a $7.50 stop-loss, looking to achieve $11.50 -- 27% upside. Yield 7.55% (Analysts’ price target is $11.42)
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Our PAST TOP PICK with NYCB has triggered its stop at $10. To remain disciplined, we recommend covering the position at this time.