Flushing Financial (FFIC) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Flushing Financial in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FFIC shares.
View FFIC analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 12-month price targets for Flushing Financial's shares. Their FFIC share price forecasts range from $16.00 to $24.00. On average, they expect the company's share price to reach $18.50 in the next year. This suggests a possible upside of 47.8% from the stock's current price.
View analysts price targets for FFIC or view top-rated stocks among Wall Street analysts.

Flushing Financial's stock was trading at $19.38 at the beginning of 2023. Since then, FFIC stock has decreased by 35.4% and is now trading at $12.52.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 31st 2023.
View our FFIC earnings forecast.

Flushing Financial will be holding an earnings conference call on Wednesday, November 1st at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 855-669-9658 with passcode "2779651".

Flushing Financial Co. (NASDAQ:FFIC) announced its quarterly earnings data on Tuesday, July, 25th. The bank reported $0.26 EPS for the quarter, beating the consensus estimate of $0.19 by $0.07. The bank had revenue of $48.50 million for the quarter, compared to analysts' expectations of $45.30 million. Flushing Financial had a net margin of 12.73% and a trailing twelve-month return on equity of 7.01%.

Flushing Financial declared a quarterly dividend on Tuesday, August 15th. Shareholders of record on Friday, September 8th will be paid a dividend of $0.22 per share on Friday, September 29th. This represents a $0.88 dividend on an annualized basis and a yield of 7.03%. The ex-dividend date is Thursday, September 7th.
Read our dividend analysis for FFIC.

Flushing Financial (NASDAQ:FFIC) pays an annual dividend of $0.88 per share and currently has a dividend yield of 7.03%. FFIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 56.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, FFIC will have a dividend payout ratio of 98.88% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for FFIC.

25 employees have rated Flushing Financial Chief Executive Officer John Buran on Glassdoor.com. John Buran has an approval rating of 73% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Flushing Financial investors own include Main Street Capital (MAIN), Archer-Daniels-Midland (ADM), Boeing (BA), Enterprise Products Partners (EPD), Overstock.com (OSTK), QUALCOMM (QCOM), Wells Fargo & Company (WFC), AbbVie (ABBV), Devon Energy (DVN) and Energy Transfer (ET).

Flushing Financial trades on the NASDAQ under the ticker symbol "FFIC."

Flushing Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.64%), Dimensional Fund Advisors LP (7.22%), Frontier Capital Management Co. LLC (5.31%), Gamco Investors INC. ET AL (3.96%), State Street Corp (3.41%) and Aristotle Capital Boston LLC (2.45%). Insiders that own company stock include Douglas C Manditch, Francis W Korzekwinski, John R Buran, Louis C Grassi, Maria A Grasso, Susan Cullen, Theresa Kelly and Thomas Buonaiuto.
View institutional ownership trends.

Shares of FFIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FFIC stock can currently be purchased for approximately $12.52.

Flushing Financial (NASDAQ:FFIC) has a market capitalization of $362.58 million and generates $326.64 million in revenue each year. The bank earns $76.94 million in net income (profit) each year or $1.56 on an earnings per share basis.

The company employs 560 workers across the globe.

Flushing Financial's mailing address is 220 RXR Plaza, Uniondale NY, 11556. The official website for the company is www.flushingbank.com. The bank can be reached via phone at (718) 961-5400, via email at dfry@flushingsavings.com, or via fax at 718-961-7646.