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

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$22.20 -0.65 (-2.84 %)
(As of 10/18/2018 04:00 PM ET)
Previous Close$22.85
Today's Range$22.19 - $22.94
52-Week Range$21.80 - $31.45
Volume35,600 shs
Average Volume67,544 shs
Market Capitalization$690.41 million
P/E Ratio14.50
Dividend Yield3.51%
Beta0.93
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
SymbolNASDAQ:FFIC
CUSIP34387310
Phone718-961-5400

Debt

Debt-to-Equity Ratio2.32
Current Ratio1.17
Quick Ratio1.17

Price-To-Earnings

Trailing P/E Ratio14.50
Forward P/E Ratio11.94
P/E Growth1.17

Sales & Book Value

Annual Sales$244.95 million
Price / Sales2.56
Cash Flow$1.8347 per share
Price / Cash12.10
Book Value$18.48 per share
Price / Book1.20

Profitability

EPS (Most Recent Fiscal Year)$1.57
Net Income$41.12 million
Net Margins16.32%
Return on Equity8.45%
Return on Assets0.71%

Miscellaneous

Employees444
Outstanding Shares28,300,000
Market Cap$690.41 million

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 28th. Shareholders of record on Monday, September 10th will be given a dividend of $0.20 per share on Friday, September 28th. This represents a $0.80 annualized dividend and a yield of 3.60%. The ex-dividend date is Friday, September 7th. View Flushing Financial's Dividend History.

How will Flushing Financial's stock buyback program work?

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

How were Flushing Financial's earnings last quarter?

Flushing Financial Co. (NASDAQ:FFIC) issued its earnings results on Tuesday, July, 24th. The bank reported $0.49 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.48 by $0.01. The bank had revenue of $45.81 million for the quarter, compared to analyst estimates of $45.10 million. Flushing Financial had a return on equity of 8.45% and a net margin of 16.32%. 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 23rd 2018. View Earnings Estimates for Flushing Financial.

What price target have analysts set for FFIC?

4 analysts have issued 12 month price targets for Flushing Financial's shares. Their predictions range from $26.50 to $31.00. On average, they expect Flushing Financial's stock price to reach $28.8750 in the next twelve months. This suggests a possible upside of 30.1% from the stock's current price. View Analyst Price Targets for Flushing Financial.

What is the consensus analysts' recommendation for Flushing Financial?

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

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 a variety of of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.21%). Company insiders that own Flushing Financial stock include Brewer M Allen, 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 major investors are selling Flushing Financial stock?

FFIC stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc.. Company insiders that have sold Flushing Financial company stock in the last year include Donna M Obrien, Francis W Korzekwinski, John E Sr Roe Sr and Sam Sang Ki Han. 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 $22.20.

How big of a company is Flushing Financial?

Flushing Financial has a market capitalization of $690.41 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 444 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:  153 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  411
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 10/18/2018 by MarketBeat.com Staff

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