Flushing Financial Stock Price, News & Analysis (NASDAQ:FFIC)

$20.41
+0.18 (+0.89 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$20.13
Now: $20.41
$20.48
50-Day Range
$18.87
MA: $19.60
$20.91
52-Week Range
$18.80
Now: $20.41
$25.88
Volume110,416 shs
Average Volume60,420 shs
Market Capitalization$575.36 million
P/E Ratio10.52
Dividend Yield4.12%
Beta0.85
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. It offers various deposit products, including checking and savings accounts, money market accounts, demand accounts, NOW accounts, and certificates of deposit. The company 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. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Current SymbolNASDAQ:FFIC
CUSIP34387310
Phone718-961-5400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$267.33 million
Cash Flow$2.4830 per share
Book Value$19.62 per share

Profitability

Net Income$55.09 million

Miscellaneous

Employees456
Market Cap$575.36 million
Next Earnings Date10/22/2019 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Tuesday, August 27th. Stockholders of record on Friday, September 13th will be given a dividend of $0.21 per share on Friday, September 27th. This represents a $0.84 annualized dividend and a dividend yield of 4.12%. The ex-dividend date is Thursday, September 12th. View Flushing Financial's Dividend History.

How will Flushing Financial's stock buyback program work?

Flushing Financial declared that its Board of Directors has approved a stock buyback program on Wednesday, February 28th 2018, which permits the company to buyback 1,000,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its stock is undervalued.

How were Flushing Financial's earnings last quarter?

Flushing Financial Co. (NASDAQ:FFIC) issued its earnings results on Tuesday, July, 23rd. The bank reported $0.42 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.45 by $0.03. The bank had revenue of $42.46 million for the quarter, compared to the consensus estimate of $45.20 million. Flushing Financial had a net margin of 16.94% and a return on equity of 9.44%. 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, October 22nd 2019. View Earnings Estimates for Flushing Financial.

What is the consensus analysts' recommendation for Flushing Financial?

2 Wall Street 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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Flushing Financial.

Has Flushing Financial been receiving favorable news coverage?

Headlines about FFIC stock have trended somewhat negative recently, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Flushing Financial earned a news impact score of -1.3 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Flushing Financial.

Are investors shorting Flushing Financial?

Flushing Financial saw a increase in short interest in August. As of August 31st, there was short interest totalling 373,400 shares, an increase of 12.1% from the July 31st total of 333,100 shares. Based on an average daily volume of 63,900 shares, the days-to-cover ratio is presently 5.8 days. Currently, 1.4% of the company's stock are short sold. View Flushing Financial's Current Options Chain.

Who are some of Flushing Financial's key competitors?

What other stocks do shareholders of Flushing Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Flushing Financial investors own include Chipotle Mexican Grill (CMG), Endologix (ELGX), Archer Daniels Midland (ADM), Devon Energy (DVN), Genocea Biosciences (GNCA), Micron Technology (MU), Alcoa (AA), Briggs & Stratton (bgg), Continental Resources (Clr) and Designer Brands (DSW).

Who are Flushing Financial's key executives?

Flushing Financial's management team includes the folowing people:
  • Mr. John R. Buran, Pres, CEO & Director (Age 70)
  • Ms. Susan K. Cullen, Sr. EVP, Treasurer & CFO (Age 53)
  • Ms. Maria A. Grasso, Sr. EVP, COO & Corp. Sec. (Age 55)
  • Mr. Francis W. Korzekwinski, Sr. EVP & Chief of Real Estate Lending (Age 56)
  • Ms. Theresa Kelly, Exec. VP of Bus. Banking (Age 58)

Who are Flushing Financial's major shareholders?

Flushing Financial's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.58%), Vanguard Group Inc. (5.11%), Northern Trust Corp (4.11%), Gamco Investors INC. ET AL (3.88%), Teton Advisors Inc. (2.36%) and Renaissance Technologies LLC (2.11%). Company insiders that own Flushing Financial stock include Donna M Obrien, Francis W Korzekwinski, John E Sr Roe Sr, John R Buran, 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 Vanguard Group Inc., AlphaOne Investment Services LLC, Municipal Employees Retirement System of Michigan, Wedge Capital Management L L P NC, Invesco Ltd., Gabelli Funds LLC, AQR Capital Management LLC and Boston Partners. Company insiders that have sold Flushing Financial company stock in the last year include Francis W Korzekwinski and Maria A Grasso. View Insider Buying and Selling for Flushing Financial.

Which institutional investors are buying Flushing Financial stock?

FFIC stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., Teton Advisors Inc., Renaissance Technologies LLC, Parametric Portfolio Associates LLC, Acadian Asset Management LLC, United Services Automobile Association and Gamco Investors INC. ET AL. Company insiders that have bought Flushing Financial stock in the last two years include John R Buran and Susan Cullen. 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, Robinhood, Fidelity and Charles Schwab.

What is Flushing Financial's stock price today?

One share of FFIC stock can currently be purchased for approximately $20.41.

How big of a company is Flushing Financial?

Flushing Financial has a market capitalization of $575.36 million and generates $267.33 million in revenue each year. The bank earns $55.09 million in net income (profit) each year or $1.94 on an earnings per share basis. Flushing Financial employs 456 workers across the globe.View Additional Information About Flushing Financial.

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:  194 (Vote Outperform)
Underperform Votes:  324 (Vote Underperform)
Total Votes:  518
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 9/21/2019 by MarketBeat.com Staff

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