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NASDAQ:FFICFlushing Financial Stock Price, Forecast & News

$9.90
-0.57 (-5.44 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$9.85
Now: $9.90
$10.43
50-Day Range
$9.90
MA: $11.33
$13.77
52-Week Range
$8.86
Now: $9.90
$22.97
Volume116,700 shs
Average Volume128,498 shs
Market Capitalization$279.28 million
P/E Ratio8.68
Dividend Yield8.48%
Beta0.81
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, 2018, the company operated 19 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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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 1.9Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.16 out of 5 stars


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$288.43 million
Cash Flow$2.14 per share
Book Value$20.59 per share

Profitability

Net Income$41.28 million

Miscellaneous

Employees456
Market Cap$279.28 million
Next Earnings Date7/21/2020 (Confirmed)
OptionableOptionable

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Flushing Financial (NASDAQ:FFIC) Frequently Asked Questions

How has Flushing Financial's stock been impacted by COVID-19 (Coronavirus)?

Flushing Financial's stock was trading at $15.54 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FFIC shares have decreased by 36.3% and is now trading at $9.90. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Flushing Financial's next earnings date?

Flushing Financial is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Flushing Financial.

How can I listen to Flushing Financial's earnings call?

Flushing Financial will be holding an earnings conference call on Tuesday, July 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Flushing Financial's earnings last quarter?

Flushing Financial Co. (NASDAQ:FFIC) announced its quarterly earnings data on Tuesday, April, 28th. The bank reported $0.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.06 by $0.13. The bank had revenue of $37.96 million for the quarter, compared to analyst estimates of $43.70 million. Flushing Financial had a net margin of 11.66% and a return on equity of 7.65%. View Flushing Financial's earnings history.

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

Flushing Financial announced a quarterly dividend on Tuesday, May 26th. Stockholders of record on Friday, June 12th will be given a dividend of $0.21 per share on Friday, June 26th. This represents a $0.84 annualized dividend and a dividend yield of 8.48%. The ex-dividend date is Thursday, June 11th. View Flushing Financial's dividend history.

What price target have analysts set for FFIC?

2 Wall Street analysts have issued 12-month target prices for Flushing Financial's shares. Their forecasts range from $19.00 to $23.00. On average, they expect Flushing Financial's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 112.1% from the stock's current price. View analysts' price targets for Flushing Financial.

Has Flushing Financial been receiving favorable news coverage?

Media stories about FFIC stock have trended somewhat negative on Saturday, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Flushing Financial earned a news sentiment score of -1.5 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Flushing Financial.

Are investors shorting Flushing Financial?

Flushing Financial saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 305,800 shares, an increase of 20.2% from the June 15th total of 254,400 shares. Based on an average daily trading volume, of 149,500 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.2% 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 Main Street Capital (MAIN), Occidental Petroleum (OXY), Wells Fargo & Co (WFC), Archer Daniels Midland (ADM), Boeing (BA), Chipotle Mexican Grill (CMG), Enterprise Products Partners (EPD), QUALCOMM (QCOM), Exxon Mobil (XOM) and AbbVie (ABBV).

Who are Flushing Financial's key executives?

Flushing Financial's management team includes the following 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)

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 shareholders include Envestnet Asset Management Inc. (0.05%) and Wedge Capital Management L L P NC (0.04%). Company insiders that own Flushing Financial stock include Francis W Korzekwinski, John R Buran, Maria A Grasso, Michael A Azarian, Sam Sang Ki Han, Susan Cullen and Theresa Kelly. View institutional ownership trends for Flushing Financial.

Which major investors are buying Flushing Financial stock?

FFIC stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, and Envestnet Asset Management Inc.. Company insiders that have bought Flushing Financial stock in the last two years include John R Buran, Michael A Azarian, Sam Sang Ki Han, and Susan Cullen. View insider buying and selling activity 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 $9.90.

How big of a company is Flushing Financial?

Flushing Financial has a market capitalization of $279.28 million and generates $288.43 million in revenue each year. The bank earns $41.28 million in net income (profit) each year or $1.65 on an earnings per share basis. Flushing Financial employs 456 workers across the globe.

What is Flushing Financial's official website?

The official website for Flushing Financial is 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]

This page was last updated on 7/11/2020 by MarketBeat.com Staff

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