About Flushing Financial Corporation (NASDAQ:FFIC)
Flushing Financial Corporation is the bank holding company for Flushing Bank (the Bank). The Company is a community-oriented financial institution offering a range of financial services. The Bank's subsidiaries include Flushing Preferred Funding Corporation, Flushing Service Corporation and FSB Properties Inc. The Company also owns Flushing Financial Capital Trust II, Flushing Financial Capital Trust III and Flushing Financial Capital Trust IV (the Trusts). As of December 31, 2016, the Bank operated 19 full-service offices, which were located in the New York City Boroughs of Queens, Brooklyn, and Manhattan, and in Nassau County, New York. The Company also operates an Internet branch, iGObanking.com. The Bank has a business banking unit, which focuses on the development of a full complement of commercial business deposit, loan and cash management products.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks
- Sub-Industry: Thrifts & Mortgage Finance
- Symbol: NASDAQ:FFIC
- CUSIP: 34387310
- Web: www.flushingbank.com
- Market Cap: $911.34 million
- Outstanding Shares: 29,135,000
- 50 Day Moving Avg: $29.09
- 200 Day Moving Avg: $28.31
- 52 Week Range: $20.95 - $31.96
Sales & Book Value:
- Trailing P/E Ratio: 18.21
- Foreward P/E Ratio: 16.82
- P/E Growth: 4.21
- Annual Revenue: $193.99 million
- Price / Sales: 4.70
- Book Value: $18.33 per share
- Price / Book: 1.71
- Annual Dividend: $0.72
- Dividend Yield: 2.3%
- Net Margins: 19.96%
- Return on Equity: 9.23%
- Return on Assets: 0.78%
- Debt-to-Equity Ratio: 2.67%
- Current Ratio: 1.20%
- Quick Ratio: 1.20%
- Average Volume: 57,666 shs.
- Beta: 1.11
- Short Ratio: 11.1
Frequently Asked Questions for Flushing Financial Corporation (NASDAQ:FFIC)
What is Flushing Financial Corporation's stock symbol?
Flushing Financial Corporation trades on the NASDAQ under the ticker symbol "FFIC."
How often does Flushing Financial Corporation pay dividends? What is the dividend yield for Flushing Financial Corporation?
Flushing Financial Corporation declared a quarterly dividend on Wednesday, August 16th. Stockholders of record on Friday, September 8th will be given a dividend of $0.18 per share on Friday, September 29th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date is Thursday, September 7th. View Flushing Financial Corporation's Dividend History.
How were Flushing Financial Corporation's earnings last quarter?
Flushing Financial Corporation (NASDAQ:FFIC) issued its earnings results on Tuesday, July, 25th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.05. The firm had revenue of $45.57 million for the quarter, compared to analyst estimates of $46.79 million. Flushing Financial Corporation had a net margin of 19.96% and a return on equity of 9.23%. During the same period in the prior year, the company posted $0.39 earnings per share. View Flushing Financial Corporation's Earnings History.
When will Flushing Financial Corporation make its next earnings announcement?
Where is Flushing Financial Corporation's stock going? Where will Flushing Financial Corporation's stock price be in 2017?
4 brokerages have issued 12-month target prices for Flushing Financial Corporation's stock. Their predictions range from $30.00 to $30.00. On average, they expect Flushing Financial Corporation's stock price to reach $30.00 in the next year. View Analyst Ratings for Flushing Financial Corporation.
Who are some of Flushing Financial Corporation's key competitors?
Some companies that are related to Flushing Financial Corporation include Northwest Bancshares (NWBI), BancFirst Corporation (BANF), Ameris Bancorp (ABCB), WesBanco (WSBC), BofI Holding (BOFI), First Financial Bancorp. (FFBC), Park National (PRK), NBT Bancorp (NBTB), CenterState Banks (CSFL), Westamerica Bancorporation (WABC), Union Bankshares Corporation (UBSH), First Busey Corporation (BUSE), First Commonwealth Financial (FCF), Bgeo Group PLC (BGEO), Tompkins Financial (TMP), Lakeland Financial Corporation (LKFN), Brookline Bancorp (BRKL) and FB Financial Corporation (FBK).
Who are Flushing Financial Corporation's key executives?
Flushing Financial Corporation's management team includes the folowing people:
- Alfred A. DelliBovi, Independent Chairman of the Board
- John R. Buran, President, Chief Executive Officer, Director
- Susan K. Cullen, Senior Executive Vice President, Treasurer and Chief Financial Officer
- Maria A. Grasso, Chief Operating Officer, Senior Executive Vice President, Secretary
- Astrid Burrowes, Executive Vice President, Chief Accounting Officer
- Allen M. Brewer, Executive Vice President, Chief Information Officer
- Gary P. Liotta, Executive Vice President, Chief Risk Officer
- Ruth E. Filiberto, Executive Vice President - Human Resources
- Barbara A. Beckmann, Executive Vice President, Director - Operations
- Michael Bingold, Executive Vice President and Director - Distribution and Client Development
Who owns Flushing Financial Corporation stock?
Flushing Financial Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Mutual of America Capital Management LLC (0.54%). Company insiders that own Flushing Financial Corporation stock include Alfred A Dellibovi, Brewer M Allen, Caterina Depasquale, Donna M Obrien, Francis W Korzekwinski, James Davison Bennett, Jeoung Jin, John E Sr Roe Sr, John R Buran, Louis C Grassi, Maria A Grasso, Sam Sang Ki Han and Susan Cullen. View Institutional Ownership Trends for Flushing Financial Corporation.
Who bought Flushing Financial Corporation stock? Who is buying Flushing Financial Corporation stock?
Flushing Financial Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC. Company insiders that have bought Flushing Financial Corporation stock in the last two years include Alfred A Dellibovi and Susan Cullen. View Insider Buying and Selling for Flushing Financial Corporation.
How do I buy Flushing Financial Corporation stock?
Shares of Flushing Financial Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Flushing Financial Corporation's stock price today?
MarketBeat Community Rating for Flushing Financial Corporation (NASDAQ FFIC)MarketBeat's community ratings are surveys of what our community members think about Flushing Financial Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Flushing Financial Corporation stock can currently be purchased for approximately $31.28.
Consensus Ratings for Flushing Financial Corporation (NASDAQ:FFIC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.25)|
|Consensus Price Target: ||$30.00 (4.09% downside)|Consensus Price Target History for Flushing Financial Corporation (NASDAQ:FFIC)
Analysts' Ratings History for Flushing Financial Corporation (NASDAQ:FFIC)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/8/2017||Keefe, Bruyette & Woods||Reiterated Rating||Hold||$30.00||N/A|
|8/3/2017||Piper Jaffray Companies||Reiterated Rating||Hold||$30.00||Low|
|4/26/2017||Sandler O'Neill||Upgrade||Hold -> Buy||High|
|11/11/2016||Gabelli||Downgrade||Buy -> Hold||N/A|
Earnings History for Flushing Financial Corporation (NASDAQ:FFIC)Earnings History by Quarter for Flushing Financial Corporation (NASDAQ FFIC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017||Q2 2017||$0.41||$0.46||$46.79 million||$45.57 million||View||N/A|
|4/25/2017||Q1 2017||$0.32||$0.40||$45.37 million||$47.08 million||View||N/A|
|1/31/2017||Q4 2016||$0.39||$0.40||$50.67 million||$57.78 million||View||N/A|
|10/25/2016||Q3||$0.39||$0.39||$44.94 million||$43.57 million||View||N/A|
|7/26/2016||Q2||$0.38||$0.39||$43.87 million||$79.61 million||View||N/A|
|4/26/2016||Q1||$0.34||$0.33||$42.96 million||$43.67 million||View||N/A|
|1/26/2016||Q4||$0.38||$0.42||$41.54 million||$41.56 million||View||N/A|
|10/27/2015||Q3||$0.38||$0.40||$40.90 million||$41.01 million||View||N/A|
|7/28/2015||Q2||$0.38||$0.36||$40.22 million||$48.09 million||View||N/A|
|4/28/2015||Q115||$0.33||$0.31||$39.62 million||$39.48 million||View||N/A|
|1/27/2015||Q412||$0.38||$0.44||$39.62 million||$36.54 million||View||N/A|
|10/27/2014||Q3||$0.38||$0.38||$39.44 million||$39.08 million||View||N/A|
|7/29/2014||Q2 14||$0.38||$0.39||$39.35 million||$38.82 million||View||N/A|
|4/29/2014||Q1 2014||$0.34||$0.34||$39.40 million||$38.20 million||View||N/A|
Earnings Estimates for Flushing Financial Corporation (NASDAQ:FFIC)
Current Year EPS Consensus Estimate: $1.74 EPS
Next Year EPS Consensus Estimate: $1.86 EPS
Current Dividend Information for Flushing Financial Corporation (NASDAQ:FFIC)
|Most Recent Dividend:||9/29/2017|
|Payout Ratio:||41.62% (Trailing 12 Months of Earnings) |
41.38% (Based on This Year's Estimates)
38.71% (Based on Next Year's Estimates)
Dividend History by Quarter for Flushing Financial Corporation (NASDAQ FFIC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Flushing Financial Corporation (NASDAQ:FFIC)
Insider Ownership Percentage: 4.86%Insider Trades by Quarter for Flushing Financial Corporation (NASDAQ:FFIC)
Institutional Ownership Percentage: 77.31%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/15/2017||Donna M Obrien||Director||Sell||3,000||$27.33||$81,990.00|| |
|8/11/2017||Susan Cullen||CFO||Buy||500||$26.96||$13,480.00|| |
|8/10/2017||Susan Cullen||CFO||Buy||500||$27.76||$13,880.00|| |
|5/31/2017||Maria A Grasso||COO||Sell||4,000||$26.77||$107,080.00|| |
|3/13/2017||James Davison Bennett||Director||Sell||6,000||$27.06||$162,360.00|| |
|2/8/2017||Maria A Grasso||COO||Sell||6,000||$27.27||$163,620.00|| |
|12/16/2016||Louis C Grassi||Director||Sell||4,800||$28.40||$136,320.00|| |
|12/13/2016||Louis C Grassi||Director||Sell||7,289||$28.72||$209,340.08|| |
|11/3/2016||John E Sr Roe Sr||Director||Sell||10,000||$21.61||$216,100.00|| |
|10/31/2016||Brewer M Allen||Insider||Sell||200||$21.57||$4,314.00|| |
|10/28/2016||Donna M Obrien||Director||Sell||3,600||$21.32||$76,752.00|| |
|10/28/2016||Susan Cullen||CFO||Buy||500||$21.24||$10,620.00|| |
|9/19/2016||Caterina Depasquale||SVP||Sell||1,200||$22.87||$27,444.00|| |
|9/14/2016||Brewer M Allen||Insider||Sell||300||$22.70||$6,810.00|| |
|9/7/2016||John R Buran||CEO||Sell||8,000||$23.09||$184,720.00|| |
|8/24/2016||James Davison Bennett||Director||Sell||7,850||$22.42||$175,997.00|| |
|8/22/2016||Francis W Korzekwinski||Insider||Sell||4,128||$22.25||$91,848.00|| |
|8/18/2016||Francis W Korzekwinski||Insider||Sell||3,872||$22.34||$86,500.48|| |
|8/16/2016||Jeoung Jin||Insider||Sell||272||$22.22||$6,043.84|| |
|8/15/2016||John E Sr Roe Sr||Director||Sell||10,000||$22.35||$223,500.00|| |
|8/12/2016||Brewer M Allen||Insider||Sell||900||$22.23||$20,007.00|| |
|8/9/2016||Jeoung Jin||Insider||Sell||200||$22.75||$4,550.00|| |
|8/9/2016||Maria A Grasso||EVP||Sell||4,660||$22.61||$105,362.60|| |
|6/14/2016||Caterina Depasquale||SVP||Sell||1,025||$20.22||$20,725.50|| |
|6/2/2016||John R Buran||CEO||Sell||8,000||$20.94||$167,520.00|| |
|5/26/2016||Donna M Obrien||Director||Sell||4,800||$20.99||$100,752.00|| |
|5/25/2016||Jeoung Jin||EVP||Sell||772||$20.75||$16,019.00|| |
|5/20/2016||Susan Cullen||EVP||Buy||800||$20.00||$16,000.00|| |
|3/14/2016||John R Buran||CEO||Sell||7,000||$21.44||$150,080.00|| |
|2/8/2016||Sam Sang Ki Han||Director||Sell||4,834||$19.90||$96,196.60|| |
|11/24/2015||Alfred A Dellibovi||Director||Buy||2,000||$22.40||$44,800.00|| |
|11/23/2015||Francis W Korzekwinski||EVP||Sell||5,000||$22.50||$112,500.00|| |
|11/17/2015||John R Buran||CEO||Sell||7,000||$21.94||$153,580.00|| |
|9/2/2015||Caterina Depasquale||SVP||Sell||1,500||$19.37||$29,055.00|| |
|8/26/2015||Brewer M Allen||EVP||Sell||1,000||$19.78||$19,780.00|| |
|8/11/2015||Susan Cullen||VP||Buy||2,000||$20.47||$40,940.00|| |
|3/9/2015||Ronald Hartmann||EVP||Sell||899||$19.72||$17,728.28|| |
|11/13/2014||Caterina Depasquale||SVP||Sell||1,000||$20.64||$20,640.00|| |
|11/12/2014||Maria A Grasso||Insider||Sell||8,500||$20.52||$174,420.00|| |
|10/31/2014||Theresa Kelly||EVP||Sell||2,000||$20.04||$40,080.00|| |
|9/4/2014||W Jeffrey Weichsel||SVP||Sell||1,250||$19.39||$24,237.50|| |
|9/3/2014||John E Sr Roe Sr||Director||Sell||15,000||$19.19||$287,850.00|| |
|8/26/2014||John R Buran||CEO||Sell||15,000||$19.25||$288,750.00|| |
|6/19/2014||Vincent F Nicolosi||Director||Sell||5,000||$20.19||$100,950.00|| |
|6/9/2014||W Jeffrey Weichsel||SVP||Sell||3,000||$20.52||$61,560.00|| |
|5/21/2014||John Buran||CEO||Sell||15,000||$19.38||$290,700.00|| |
|5/21/2014||John Sr Roe, Sr.||Director||Sell||10,000||$19.37||$193,700.00|| |
|5/7/2014||John Buran||CEO||Sell||15,000||$19.64||$294,600.00|| |
|5/5/2014||Brewer Allen||SVP||Sell||1,200||$19.75||$23,700.00|| |
|3/17/2014||Louis Grassi||Director||Sell||4,400||$20.93||$92,092.00|| |
|3/10/2014||Jeoung Jin||EVP||Sell||2,142||$21.15||$45,303.30|| |
|2/27/2014||Francis Korzekwinski||EVP||Sell||2,000||$20.58||$41,160.00|| |
|12/11/2013||W Jeffrey Weichsel||SVP||Sell||3,000||$20.25||$60,750.00|| |
|12/3/2013||John Sr Roe, Sr.||Director||Sell||5,000||$20.45||$102,250.00|| |
|9/16/2013||Maria Grasso||EVP||Sell||7,000||$18.17||$127,190.00|| |
|9/10/2013||Theresa Kelly||SVP||Sell||2,200||$18.14||$39,908.00|| |
|8/8/2013||Robert Kiraly||SVP||Sell||1,100||$19.40||$21,340.00|| |
|8/6/2013||W Jeffrey Weichsel||SVP||Sell||3,000||$19.36||$58,080.00|| |
|7/31/2013||Brewer M Allen||SVP||Sell||1,100||$19.09||$20,999.00|| |
|5/20/2013||Leeann Tannuzzo||SVP||Sell||1,000||$15.60||$15,600.00|| |
|5/15/2013||Caterina Depasquale||SVP||Sell||1,000||$15.61||$15,610.00|| |
Headline Trends for Flushing Financial Corporation (NASDAQ:FFIC)
Latest Headlines for Flushing Financial Corporation (NASDAQ:FFIC)
Loading headlines, please wait.
Flushing Financial Corporation (FFIC) Chart for Monday, October, 23, 2017