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

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$21.20 -0.11 (-0.52 %)
(As of 12/19/2018 02:02 AM ET)
Previous Close$21.31
Today's Range$21.20 - $21.80
52-Week Range$20.34 - $29.55
Volume62,500 shs
Average Volume65,756 shs
Market Capitalization$599.51 million
P/E Ratio13.50
Dividend Yield3.74%
Beta0.88
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
Current SymbolNASDAQ:FFIC
Previous Symbol
CUSIP34387310
Phone718-961-5400

Debt

Debt-to-Equity Ratio2.21
Current Ratio1.15
Quick Ratio1.15

Price-To-Earnings

Trailing P/E Ratio13.50
Forward P/E Ratio11.58
P/E Growth1.05

Sales & Book Value

Annual Sales$244.95 million
Price / Sales2.42
Cash Flow$1.9962 per share
Price / Cash Flow10.62
Book Value$18.48 per share
Price / Book1.15

Profitability

EPS (Most Recent Fiscal Year)$1.57
Net Income$41.12 million
Net Margins18.44%
Return on Equity9.27%
Return on Assets0.77%

Miscellaneous

Employees467
Outstanding Shares28,000,000
Market Cap$599.51 million
OptionableOptionable

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 Wednesday, November 21st. Stockholders of record on Friday, December 7th will be paid a dividend of $0.20 per share on Friday, December 28th. This represents a $0.80 annualized dividend and a dividend yield of 3.77%. The ex-dividend date is Thursday, December 6th. View Flushing Financial's Dividend History.

How will Flushing Financial's stock buyback program work?

Flushing Financial announced that its board has approved a share buyback program on Wednesday, February 28th 2018, which authorizes the company to buyback 1,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically 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 quarterly earnings results on Tuesday, October, 23rd. The bank reported $0.54 EPS for the quarter, beating the consensus estimate of $0.48 by $0.06. The bank earned $46.48 million during the quarter, compared to analyst estimates of $44.70 million. Flushing Financial had a return on equity of 9.27% and a net margin of 18.44%. 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, January 29th 2019. View Earnings Estimates for Flushing Financial.

What price target have analysts set for FFIC?

3 brokers have issued twelve-month target prices for Flushing Financial's shares. Their forecasts range from $26.50 to $31.00. On average, they anticipate Flushing Financial's share price to reach $29.1667 in the next twelve months. This suggests a possible upside of 37.6% from the stock's current price. View Analyst Price Targets for Flushing Financial.

What is the consensus analysts' recommendation for Flushing Financial?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flushing Financial in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Flushing Financial.

Has Flushing Financial been receiving favorable news coverage?

Media headlines about FFIC stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Flushing Financial earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

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 institutional and retail investors. Top institutional investors include Frontier Capital Management Co. LLC (8.91%), Dimensional Fund Advisors LP (8.53%), BlackRock Inc. (7.31%), Vanguard Group Inc. (4.73%), Vanguard Group Inc (4.73%) and Gamco Investors INC. ET AL (3.91%). Company insiders that own Flushing Financial stock include Donna M Obrien, Francis W Korzekwinski, James Davison Bennett, John E Sr Roe Sr, 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., TIAA CREF Investment Management LLC, Morgan Stanley, Dimensional Fund Advisors LP, Credit Suisse AG, Gamco Investors INC. ET AL, Renaissance Technologies LLC and ClariVest Asset Management LLC. Company insiders that have sold Flushing Financial company stock in the last year include Donna M Obrien and Francis W Korzekwinski. View Insider Buying and Selling 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 Frontier Capital Management Co. LLC, BlackRock Inc., Vanguard Group Inc, Vanguard Group Inc., GSA Capital Partners LLP, Blair William & Co. IL, Brown Advisory Inc. and MetLife Investment Advisors LLC. 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 $21.20.

How big of a company is Flushing Financial?

Flushing Financial has a market capitalization of $599.51 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 467 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:  161 (Vote Outperform)
Underperform Votes:  266 (Vote Underperform)
Total Votes:  427
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 12/19/2018 by MarketBeat.com Staff

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