New York Community Bancorp And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – New York Community Bancorp (NYCB), Summit Financial Group (SMMF), The Travelers Companies (TRV) are the highest sales growth and return on equity stocks on this list.

Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?

1. New York Community Bancorp (NYCB)

127.6% sales growth and 28.27% return on equity

New York Community Bancorp, Inc. operates as a bank holding company for New York Community Bank that provides banking products and services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The company offers various deposit products, including interest-bearing checking and money market, savings, non-interest-bearing, and individual retirement accounts, as well as certificates of deposit. It also provides multi-family loans; commercial real estate loans; specialty finance loans and leases, and other commercial and industrial loans; acquisition, development, and construction loans; one-to-four family loans; and consumer loans. In addition, the company offers annuities, life and long-term care insurance products, and mutual funds; cash management products; and online, mobile, and phone banking services. It primarily serves individuals, small and mid-size businesses, and professional associations through a network of 238 community bank branches and 348 ATM locations. The company was formerly known as Queens County Bancorp, Inc. and changed its name to New York Community Bancorp, Inc. in November 2000. New York Community Bancorp, Inc. was founded in 1859 and is headquartered in Westbury, New York.

Earnings Per Share

As for profitability, New York Community Bancorp has a trailing twelve months EPS of $3.82.

PE Ratio

New York Community Bancorp has a trailing twelve months price to earnings ratio of 2.49. Meaning, the purchaser of the share is investing $2.49 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 28.27%.

Yearly Top and Bottom Value

New York Community Bancorp’s stock is valued at $9.52 at 01:22 EST, way under its 52-week high of $11.02 and way higher than its 52-week low of $5.81.

Previous days news about New York Community Bancorp(NYCB)

  • According to Zacks on Thursday, 4 May, "Another Finance stock, which has outperformed the sector so far this year, is New York Community Bancorp (NYCB Quick QuoteNYCB – Free Report) . ", "Investors interested in the Finance sector may want to keep a close eye on Kinsale Capital Group, Inc. and New York Community Bancorp as they attempt to continue their solid performance."

2. Summit Financial Group (SMMF)

27.7% sales growth and 15.61% return on equity

Summit Financial Group, Inc. operates as a financial holding company for Summit Community Bank, Inc. that provides community banking and other financial services to individuals and businesses primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, and Shenandoah Valley and Southwestern regions of Virginia, and the Central region of Kentucky. The company's community banking services include demand, savings, and time deposits; commercial, commercial real estate, construction and land development, residential real estate, and consumer loans; and mortgage warehouse lines of credit, as well as trust and wealth management, cash management, and insurance brokerage services. As of December 31, 2020, it operated through 43 banking offices. The company was incorporated in 1987 and is headquartered in Moorefield, West Virginia.

Earnings Per Share

As for profitability, Summit Financial Group has a trailing twelve months EPS of $4.08.

PE Ratio

Summit Financial Group has a trailing twelve months price to earnings ratio of 4.68. Meaning, the purchaser of the share is investing $4.68 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 15.61%.

Sales Growth

Summit Financial Group’s sales growth is 15.3% for the current quarter and 27.7% for the next.

3. The Travelers Companies (TRV)

10.4% sales growth and 11.52% return on equity

The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally. It operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance. The Business Insurance segment offers workers' compensation, commercial automobile and property, general liability, commercial multi-peril, employers' liability, public and product liability, professional indemnity, marine, aviation, onshore and offshore energy, construction, terrorism, personal accident, and kidnap and ransom insurance products. This segment operates through select accounts, which serve small businesses; commercial accounts that serve mid-sized businesses; national accounts, which serve large companies; and national property and other that serve large and mid-sized customers, commercial trucking industry, and agricultural businesses, as well as markets and distributes its products through brokers, wholesale agents, and program managers. The Bond & Specialty Insurance segment provides surety, fidelity, management and professional liability, and other property and casualty coverages and related risk management services through independent agencies and brokers. The Personal Insurance segment offers property and casualty insurance covering personal risks, primarily automobile and homeowners' insurance to individuals through independent agencies and brokers. The Travelers Companies, Inc. was founded in 1853 and is based in New York, New York.

Earnings Per Share

As for profitability, The Travelers Companies has a trailing twelve months EPS of $11.75.

PE Ratio

The Travelers Companies has a trailing twelve months price to earnings ratio of 15.54. Meaning, the purchaser of the share is investing $15.54 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.52%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 2.3% and positive 39.5% for the next.

Volume

Today’s last reported volume for The Travelers Companies is 490710 which is 66.49% below its average volume of 1464580.

Sales Growth

The Travelers Companies’s sales growth is 11% for the ongoing quarter and 10.4% for the next.

Moving Average

The Travelers Companies’s value is higher than its 50-day moving average of $175.49 and above its 200-day moving average of $174.96.

Previous days news about The Travelers Companies(TRV)

  • According to Zacks on Thursday, 4 May, "However, not all pockets of the sector have been as negative, including stocks such as Unum Group (UNM Quick QuoteUNM – Free Report) , Arch Capital (ACGL Quick QuoteACGL – Free Report) , and The Travelers Companies (TRV Quick QuoteTRV – Free Report) . ", "While concerns around regional banking are more than valid, not all pockets of the Finance sector have been weak, including shares of Unum Group (UNM Quick QuoteUNM – Free Report) , Arch Capital (ACGL Quick QuoteACGL – Free Report) , and The Travelers Companies (TRV Quick QuoteTRV – Free Report) ."

4. K12 (LRN)

9% sales growth and 13.28% return on equity

K12 Inc., a technology-based education company, provides proprietary and third-party online curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade (K-12) in the United States and internationally. The company offers managed public school programs, which offer an integrated package of systems, services, products, and professional services that K12 administers to support an online or blended public school, including administrative support, information technology and provisioning, academic support, curriculum, learning systems, and instructional services. It also provides institutional–non-managed public school programs, which offers instruction, curriculum, supplemental courses, marketing, enrollment, and other educational services; and institutional software and services, such as educational software and services to school districts, public schools, and other educational institutions. In addition, the company offers private pay schools and other services; and talent development services for individuals and enterprises in information technology fields. Further, it provides curriculum portfolios, pre-K and K-8 courses, high school courses, learning applications, and learning management systems; and TotalView, a student information system, which include a suite of online applications that offers administrators, teachers, parents, and students a view of student attendance, truancy management, graduation planning, communications, and learning kit shipment tracking. Additionally, the company provides a suite of services, such as academic support, and administrative and technology to students and their families, as well as directly to virtual and blended public schools, traditional schools, and school districts. It sells individual K-8 online courses and supplemental educational products directly to families. K12 Inc. was founded in 2000 and is headquartered in Herndon, Virginia.

Earnings Per Share

As for profitability, K12 has a trailing twelve months EPS of $2.6.

PE Ratio

K12 has a trailing twelve months price to earnings ratio of 15.89. Meaning, the purchaser of the share is investing $15.89 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.28%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 11.5%, now sitting on 1.81B for the twelve trailing months.

Volume

Today’s last reported volume for K12 is 686936 which is 44.3% above its average volume of 476015.

Yearly Top and Bottom Value

K12’s stock is valued at $41.31 at 01:22 EST, way under its 52-week high of $47.35 and way above its 52-week low of $30.66.

Sales Growth

K12’s sales growth is 1.2% for the current quarter and 9% for the next.

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