NASDAQ:FFIC - Flushing Financial Stock Price, News, & Analysis

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$22.57 -0.24 (-1.05 %)
(As of 11/16/2018 03:13 PM ET)
Previous Close$22.81
Today's Range$22.49 - $22.69
52-Week Range$20.34 - $29.81
Volume810 shs
Average Volume59,597 shs
Market Capitalization$643.75 million
P/E Ratio14.46
Dividend Yield3.48%
Beta0.9
Flushing Financial Corporation operates as the bank holding company for Flushing Bank that provides banking products and services primarily to consumers, businesses, and governmental units. The company offers various deposit products, including checking and savings accounts, money market accounts, demand accounts, NOW accounts, and certificates of deposit. It also provides mortgage loans secured by multi-family residential, commercial real estate, one-to-four family mixed-use property, one-to-four family residential property, and commercial business loans; construction loans; small business administration loans and other small business loans; mortgage loan surrogates, such as mortgage-backed securities; and consumer loans, including overdraft lines of credit, as well as the United States government securities, corporate fixed-income securities, and other marketable securities. In addition, Flushing Financial Corporation offers banking services to public entities comprising counties, cities, towns, villages, school districts, libraries, fire districts, and various courts. As of December 31, 2017, the company operated 18 full-service offices located in the New York City boroughs of Queens, Brooklyn, and Manhattan; and in Nassau County, New York, as well as an Internet branch. Flushing Financial Corporation was founded in 1929 and is based in Uniondale, New York.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Current SymbolNASDAQ:FFIC
Previous Symbol
CUSIP34387310
Phone718-961-5400

Debt

Debt-to-Equity Ratio2.21
Current Ratio1.15
Quick Ratio1.15

Price-To-Earnings

Trailing P/E Ratio14.46
Forward P/E Ratio12.20
P/E Growth1.11

Sales & Book Value

Annual Sales$244.95 million
Price / Sales2.58
Cash Flow$1.9798 per share
Price / Cash11.40
Book Value$19.35 per share
Price / Book1.17

Profitability

EPS (Most Recent Fiscal Year)$1.57
Net Income$41.12 million
Net Margins18.44%
Return on Equity9.27%
Return on Assets0.77%

Miscellaneous

Employees467
Outstanding Shares28,000,000
Market Cap$643.75 million
OptionableOptionable

Flushing Financial (NASDAQ:FFIC) Frequently Asked Questions

What is Flushing Financial's stock symbol?

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

How often does Flushing Financial pay dividends? What is the dividend yield for Flushing Financial?

Flushing Financial announced a quarterly dividend on Tuesday, August 28th. Investors of record on Monday, September 10th will be paid a dividend of $0.20 per share on Friday, September 28th. This represents a $0.80 annualized dividend and a yield of 3.55%. The ex-dividend date of this dividend is Friday, September 7th. View Flushing Financial's Dividend History.

How will Flushing Financial's stock buyback program work?

Flushing Financial announced that its board has initiated a share buyback plan on Wednesday, February 28th 2018, which authorizes the company to repurchase 1,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its shares are undervalued.

How were Flushing Financial's earnings last quarter?

Flushing Financial Co. (NASDAQ:FFIC) posted its quarterly earnings results on Tuesday, October, 23rd. The bank reported $0.54 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.48 by $0.06. The bank earned $46.48 million during the quarter, compared to the consensus estimate of $44.70 million. Flushing Financial had a return on equity of 9.27% and a net margin of 18.44%. View Flushing Financial's Earnings History.

When is Flushing Financial's next earnings date?

Flushing Financial is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for Flushing Financial.

What price target have analysts set for FFIC?

3 Wall Street analysts have issued twelve-month target prices for Flushing Financial's shares. Their predictions range from $26.50 to $31.00. On average, they expect Flushing Financial's share price to reach $29.1667 in the next year. This suggests a possible upside of 29.3% from the stock's current price. View Analyst Price Targets for Flushing Financial.

What is the consensus analysts' recommendation for Flushing Financial?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flushing Financial in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Flushing Financial.

Has Flushing Financial been receiving favorable news coverage?

Media stories about FFIC stock have been trending positive recently, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Flushing Financial earned a news sentiment score of 2.8 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the company's share price in the next several days.

Who are some of Flushing Financial's key competitors?

Who are Flushing Financial's key executives?

Flushing Financial's management team includes the folowing people:
  • Mr. John R. Buran, Pres, CEO & Director (Age 69)
  • Ms. Susan K. Cullen, Sr. EVP, Treasurer & CFO (Age 52)
  • Ms. Maria A. Grasso, Sr. EVP, COO & Corp. Sec. (Age 54)
  • Mr. Francis W. Korzekwinski, Sr. EVP & Chief of Real Estate Lending (Age 55)
  • Ms. Theresa Kelly, Exec. VP of Bus. Banking (Age 57)

Who are Flushing Financial's major shareholders?

Flushing Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include Frontier Capital Management Co. LLC (8.91%), Dimensional Fund Advisors LP (8.53%), BlackRock Inc. (7.31%), Gamco Investors INC. ET AL (3.91%), Renaissance Technologies LLC (1.91%) and AQR Capital Management LLC (0.43%). Company insiders that own Flushing Financial stock include Donna M Obrien, Francis W Korzekwinski, James Davison Bennett, John E Sr Roe Sr, Louis C Grassi, Maria A Grasso, Sam Sang Ki Han and Susan Cullen. View Institutional Ownership Trends for Flushing Financial.

Which institutional investors are selling Flushing Financial stock?

FFIC stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Dimensional Fund Advisors LP, Credit Suisse AG, Gamco Investors INC. ET AL, Renaissance Technologies LLC and ClariVest Asset Management LLC. Company insiders that have sold Flushing Financial company stock in the last year include Donna M Obrien, Francis W Korzekwinski and Sam Sang Ki Han. View Insider Buying and Selling for Flushing Financial.

Which institutional investors are buying Flushing Financial stock?

FFIC stock was bought by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, BlackRock Inc., GSA Capital Partners LLP, Blair William & Co. IL, Brown Advisory Inc., MetLife Investment Advisors LLC, Bridgeway Capital Management Inc. and Wedge Capital Management L L P NC. View Insider Buying and Selling for Flushing Financial.

How do I buy shares of Flushing Financial?

Shares of FFIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Flushing Financial's stock price today?

One share of FFIC stock can currently be purchased for approximately $22.56.

How big of a company is Flushing Financial?

Flushing Financial has a market capitalization of $643.75 million and generates $244.95 million in revenue each year. The bank earns $41.12 million in net income (profit) each year or $1.57 on an earnings per share basis. Flushing Financial employs 467 workers across the globe.

What is Flushing Financial's official website?

The official website for Flushing Financial is http://www.flushingbank.com.

How can I contact Flushing Financial?

Flushing Financial's mailing address is 220 RXR Plaza, Uniondale NY, 11556. The bank can be reached via phone at 718-961-5400 or via email at [email protected]


MarketBeat Community Rating for Flushing Financial (NASDAQ FFIC)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  156 (Vote Outperform)
Underperform Votes:  261 (Vote Underperform)
Total Votes:  417
MarketBeat's community ratings are surveys of what our community members think about Flushing Financial and other stocks. Vote "Outperform" if you believe FFIC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FFIC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/16/2018 by MarketBeat.com Staff

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