Northeast Community Bancorp Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 65/404 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 24.00.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Northeast Community Bancorp Inc's Score
Industry at a Glance
Industry Ranking
65 / 404
Overall Ranking
118 / 4578
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Hold
Current Rating
24.000
Target Price
+9.64%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Northeast Community Bancorp Inc Highlights
StrengthsRisks
NorthEast Community Bancorp, Inc. is the holding company for NorthEast Community Bank (the Bank). The Bank’s principal business consists of originating primarily construction loans and, to a lesser extent, commercial and industrial loans and multifamily and mixed-use residential real estate loans and non-residential real estate loans. It offers personal loans and overdraft protection for checking accounts. It offers adjustable-rate mortgage loans secured by multifamily and mixed-use real estate. These loans are composed primarily of loans on moderate income apartment buildings located in its lending territory and include loans on cooperative apartment buildings (in the New York area); and loans for Section 8 multifamily housing. It provides credit to commercial and industrial businesses that are located within its market area. It also provides commercial and industrial loans to real estate developers in the New York Metropolitan Area.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 58.69% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 102.29M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 18.40%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 18.40%.
Fairly Valued
The company’s latest PB is 0.94, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 7.07M shares, decreasing 13.60% quarter-over-quarter.
NorthEast Community Bancorp, Inc. is the holding company for NorthEast Community Bank (the Bank). The Bank’s principal business consists of originating primarily construction loans and, to a lesser extent, commercial and industrial loans and multifamily and mixed-use residential real estate loans and non-residential real estate loans. It offers personal loans and overdraft protection for checking accounts. It offers adjustable-rate mortgage loans secured by multifamily and mixed-use real estate. These loans are composed primarily of loans on moderate income apartment buildings located in its lending territory and include loans on cooperative apartment buildings (in the New York area); and loans for Section 8 multifamily housing. It provides credit to commercial and industrial businesses that are located within its market area. It also provides commercial and industrial loans to real estate developers in the New York Metropolitan Area.
Ticker SymbolNECB
CompanyNortheast Community Bancorp Inc
CEOMartinek (Kenneth A)
Websitehttps://www.necommunitybank.com/
FAQs
What is the current price of Northeast Community Bancorp Inc (NECB)?
The current price of Northeast Community Bancorp Inc (NECB) is 23.020.
What is the symbol of Northeast Community Bancorp Inc?
The ticker symbol of Northeast Community Bancorp Inc is NECB.
What is the 52-week high of Northeast Community Bancorp Inc?
The 52-week high of Northeast Community Bancorp Inc is 25.699.
What is the 52-week low of Northeast Community Bancorp Inc?
The 52-week low of Northeast Community Bancorp Inc is 19.270.
What is the market capitalization of Northeast Community Bancorp Inc?
The market capitalization of Northeast Community Bancorp Inc is 322.91M.
What is the net income of Northeast Community Bancorp Inc?
The net income of Northeast Community Bancorp Inc is 47.07M.
Is Northeast Community Bancorp Inc (NECB) currently rated as Buy, Hold, or Sell?
According to analysts, Northeast Community Bancorp Inc (NECB) has an overall rating of Hold, with a price target of 24.000.
What is the Earnings Per Share (EPS TTM) of Northeast Community Bancorp Inc (NECB)?
The Earnings Per Share (EPS TTM) of Northeast Community Bancorp Inc (NECB) is 3.312.