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

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$21.69 +0.30 (+1.40 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$21.69
Today's Range$21.54 - $21.70
52-Week Range$20.27 - $27.91
Volume37,555 shs
Average Volume49,706 shs
Market Capitalization$611.38 million
P/E Ratio11.18
Dividend Yield3.93%
Beta0.86
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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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$267.33 million
Cash Flow$2.4343 per share
Book Value$19.85 per share

Profitability

Net Income$55.09 million

Miscellaneous

Employees456
Market Cap$611.38 million
Next Earnings Date7/23/2019 (Estimated)
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, February 27th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.21 per share on Friday, March 29th. This represents a $0.84 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date is Thursday, March 14th. This is a positive change from Flushing Financial's previous quarterly dividend of $0.20. View Flushing Financial's Dividend History.

How will Flushing Financial's stock buyback program work?

Flushing Financial announced that its Board of Directors has approved a share buyback program on Wednesday, February 28th 2018, which allows the company to repurchase 1,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

How were Flushing Financial's earnings last quarter?

Flushing Financial Co. (NASDAQ:FFIC) announced its quarterly earnings data on Tuesday, April, 30th. The bank reported $0.33 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.39 by $0.06. The bank had revenue of $42.75 million for the quarter, compared to the consensus estimate of $43.70 million. Flushing Financial had a return on equity of 9.93% and a net margin of 18.51%. 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, July 23rd 2019. View Earnings Estimates for Flushing Financial.

What price target have analysts set for FFIC?

3 analysts have issued 12 month price targets for Flushing Financial's shares. Their predictions range from $26.50 to $30.00. On average, they anticipate Flushing Financial's share price to reach $28.25 in the next twelve months. This suggests a possible upside of 30.2% 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 stories about FFIC stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Flushing Financial earned a coverage optimism score of 1.6 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.

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 Chipotle Mexican Grill (CMG), Endologix (ELGX), Archer Daniels Midland (ADM), Devon Energy (DVN), Genocea Biosciences (GNCA), Micron Technology (MU), Alcoa (AA), Briggs & Stratton (bgg), Continental Resources (Clr) and Designer Brands (DSW).

Who are Flushing Financial's key executives?

Flushing Financial's management team includes the folowing 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)

Who are Flushing Financial's major shareholders?

Flushing Financial's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Frontier Capital Management Co. LLC (9.09%), Dimensional Fund Advisors LP (8.39%), Wellington Management Group LLP (7.69%), BlackRock Inc. (7.31%), Northern Trust Corp (4.09%) and Goldman Sachs Group Inc. (4.03%). Company insiders that own Flushing Financial stock include Donna M Obrien, Francis W Korzekwinski, 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 BlackRock Inc., AlphaOne Investment Services LLC, Morgan Stanley, Dimensional Fund Advisors LP, California Public Employees Retirement System, ClariVest Asset Management LLC, JPMorgan Chase & Co. and LSV Asset Management. Company insiders that have sold Flushing Financial company stock in the last year include Francis W Korzekwinski and Maria A Grasso. View Insider Buying and Selling for Flushing Financial.

Which major investors are buying Flushing Financial stock?

FFIC stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Frontier Capital Management Co. LLC, Geode Capital Management LLC, Goldman Sachs Group Inc., SEI Investments Co, Wedge Capital Management L L P NC, O Shaughnessy Asset Management LLC and SG Americas Securities 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 $21.69.

How big of a company is Flushing Financial?

Flushing Financial has a market capitalization of $611.38 million and generates $267.33 million in revenue each year. The bank earns $55.09 million in net income (profit) each year or $1.94 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 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:  178 (Vote Outperform)
Underperform Votes:  300 (Vote Underperform)
Total Votes:  478
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 5/25/2019 by MarketBeat.com Staff

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