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S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
Sell every Stock except ONE (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
Sell every Stock except ONE (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Sell every Stock except ONE (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
Sell every Stock except ONE (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
Sell every Stock except ONE (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Sell every Stock except ONE (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
Sell every Stock except ONE (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
Sell every Stock except ONE (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Sell every Stock except ONE (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
NASDAQ:FFIC

Flushing Financial - FFIC Stock Forecast, Price & News

$22.58
-0.19 (-0.83%)
(As of 08/18/2022 12:00 AM ET)
Add
Compare
Today's Range
$22.43
$22.87
50-Day Range
$20.73
$23.09
52-Week Range
$20.50
$25.95
Volume
69,391 shs
Average Volume
81,337 shs
Market Capitalization
$676.95 million
P/E Ratio
8.12
Dividend Yield
3.86%
Price Target
N/A

Flushing Financial MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.86% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.34mentions of Flushing Financial in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$242,850 Sold Last Quarter
Proj. Earnings Growth
-17.15%
From $2.39 to $1.98 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.55 out of 5 stars

Finance Sector

277th out of 914 stocks

State Commercial Banks Industry

52nd out of 192 stocks

FFIC stock logo

About Flushing Financial (NASDAQ:FFIC) Stock

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. In addition, it offers banking services to public municipalities comprising counties, cities, towns, villages, school districts, libraries, fire districts, and various courts. As of December 31, 2021, the company operated 24 full-service offices located in the New York City boroughs of Queens, Brooklyn, and Manhattan; and in Nassau and Suffolk County, New York, as well as an Internet branch. Flushing Financial Corporation was founded in 1929 and is based in Uniondale, New York.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Flushing Financial from a "buy" rating to a "hold" rating in a report on Wednesday, July 27th.

Flushing Financial Stock Down 0.8 %

Shares of FFIC opened at $22.58 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.62. The company has a 50-day moving average price of $21.82 and a two-hundred day moving average price of $22.35. The stock has a market cap of $676.99 million, a price-to-earnings ratio of 8.12 and a beta of 0.71. Flushing Financial has a 12 month low of $20.50 and a 12 month high of $25.95.

Flushing Financial (NASDAQ:FFIC - Get Rating) last issued its earnings results on Tuesday, July 26th. The bank reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.14. Flushing Financial had a return on equity of 13.26% and a net margin of 28.96%. During the same period in the previous year, the firm posted $0.73 earnings per share. Equities analysts predict that Flushing Financial will post 2.39 EPS for the current fiscal year.

Flushing Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Friday, September 2nd will be paid a $0.22 dividend. The ex-dividend date is Thursday, September 1st. This represents a $0.88 annualized dividend and a dividend yield of 3.90%. Flushing Financial's dividend payout ratio is presently 31.65%.

Insider Transactions at Flushing Financial

In related news, EVP Francis W. Korzekwinski sold 5,000 shares of Flushing Financial stock in a transaction dated Tuesday, August 2nd. The shares were sold at an average price of $22.17, for a total transaction of $110,850.00. Following the completion of the transaction, the executive vice president now directly owns 71,952 shares of the company's stock, valued at approximately $1,595,175.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, EVP Francis W. Korzekwinski sold 5,000 shares of the stock in a transaction that occurred on Tuesday, August 2nd. The stock was sold at an average price of $22.17, for a total transaction of $110,850.00. Following the sale, the executive vice president now directly owns 71,952 shares in the company, valued at approximately $1,595,175.84. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Maria A. Grasso sold 6,000 shares of the firm's stock in a transaction on Wednesday, June 15th. The shares were sold at an average price of $22.00, for a total value of $132,000.00. Following the sale, the chief operating officer now directly owns 76,525 shares of the company's stock, valued at $1,683,550. The disclosure for this sale can be found here. 6.60% of the stock is owned by insiders.

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FFIC Stock News Headlines

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FFIC Company Calendar

Ex-Dividend for 6/24 Dividend
6/02/2022
Dividend Payable
6/24/2022
Last Earnings
7/26/2022
Today
8/19/2022
Ex-Dividend for 9/30 Dividend
9/01/2022
Dividend Payable
9/30/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Thrifts & Mortgage Finance
Sector
Finance
Current Symbol
NASDAQ:FFIC
CUSIP
34387310
Employees
523
Year Founded
1929

Profitability

Net Income
$81.79 million
Pretax Margin
39.14%

Debt

Sales & Book Value

Annual Sales
$292.25 million
Cash Flow
$3.06 per share
Book Value
$22.37 per share

Miscellaneous

Free Float
28,003,000
Market Cap
$676.95 million
Optionable
Optionable
Beta
0.71

Social Links


Key Executives

  • Mr. John R. BuranMr. John R. Buran (Age 73)
    Pres, CEO & Director
    Comp: $1.98M
  • Ms. Susan K. CullenMs. Susan K. Cullen (Age 56)
    Sr. EVP, Treasurer & CFO
    Comp: $782.17k
  • Ms. Maria A. Grasso (Age 58)
    Sr. EVP, COO & Corp. Sec.
    Comp: $941.97k
  • Mr. Francis W. Korzekwinski (Age 59)
    Sr. EVP & Chief of Real Estate Lending
    Comp: $820.2k
  • Mr. Michael Bingold (Age 59)
    Sr. EVP and Chief Retail & Client Devel. Officer
    Comp: $646.78k
  • Mr. Douglas Liang (Age 46)
    Sr. VP & Chief Investment Officer
  • Ms. Astrid Burrowes (Age 57)
    Exec. VP, Chief Accounting Officer & Controller
  • Mr. Yan Nuriyev (Age 38)
    Sr. VP & Chief Technology Officer
  • Mr. Allen M. Brewer (Age 69)
    Sr. Exec. VP & Chief Information Officer
  • Mr. Albert H. Savastano (Age 49)
    Sr. VP & Director of Investor Relations













FFIC Stock - Frequently Asked Questions

How have FFIC shares performed in 2022?

Flushing Financial's stock was trading at $24.30 at the beginning of 2022. Since then, FFIC stock has decreased by 7.1% and is now trading at $22.58.
View the best growth stocks for 2022 here
.

When is Flushing Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our FFIC earnings forecast
.

How were Flushing Financial's earnings last quarter?

Flushing Financial Co. (NASDAQ:FFIC) announced its quarterly earnings data on Tuesday, July, 26th. The bank reported $0.81 earnings per share for the quarter, beating analysts' consensus estimates of $0.67 by $0.14. Flushing Financial had a net margin of 28.96% and a trailing twelve-month return on equity of 13.26%. During the same period in the previous year, the business earned $0.73 EPS.

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

Flushing Financial announced a quarterly dividend on Tuesday, August 16th. Shareholders of record on Friday, September 2nd will be paid a dividend of $0.22 per share on Friday, September 30th. This represents a $0.88 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date is Thursday, September 1st.
Read our dividend analysis for FFIC
.

Is Flushing Financial a good dividend stock?

Flushing Financial (NASDAQ:FFIC) pays an annual dividend of $0.88 per share and currently has a dividend yield of 3.86%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FFIC will have a dividend payout ratio of 44.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FFIC.

What is John Buran's approval rating as Flushing Financial's CEO?

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.

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 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).

What is Flushing Financial's stock symbol?

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

Who are Flushing Financial's major shareholders?

Flushing Financial's stock is owned by a variety of institutional and retail investors. Top institutional investors include Frontier Capital Management Co. LLC (5.01%), Gamco Investors INC. ET AL (3.08%), State Street Corp (2.61%), Aristotle Capital Boston LLC (2.50%), Renaissance Technologies LLC (1.28%) and Northern Trust Corp (0.96%). Insiders that own company stock include Douglas C Manditch, Francis W Korzekwinski, John R Buran, Maria A Grasso, Michael A Azarian, Sam Sang Ki Han, Susan Cullen, Theresa Kelly and Thomas Buonaiuto.
View institutional ownership trends
.

How do I buy shares of Flushing Financial?

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.
Compare Top Brokerages Here.

What is Flushing Financial's stock price today?

One share of FFIC stock can currently be purchased for approximately $22.58.

How much money does Flushing Financial make?

Flushing Financial (NASDAQ:FFIC) has a market capitalization of $676.99 million and generates $292.25 million in revenue each year. The bank earns $81.79 million in net income (profit) each year or $2.78 on an earnings per share basis.

How many employees does Flushing Financial have?

The company employs 523 workers across the globe.

When was Flushing Financial founded?

Flushing Financial was founded in 1929.

How can I contact Flushing Financial?

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.

This page (NASDAQ:FFIC) was last updated on 8/19/2022 by MarketBeat.com Staff

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