Flushing Financial (FFIC) Stock Price, News & Analysis

$12.27
+0.33 (+2.76%)
(As of 05:12 PM ET)
Today's Range
$11.89
$12.40
50-Day Range
$11.09
$13.66
52-Week Range
$9.28
$18.00
Volume
154,193 shs
Average Volume
193,506 shs
Market Capitalization
$356.69 million
P/E Ratio
11.69
Dividend Yield
7.17%
Price Target
$15.50

Flushing Financial MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
26.3% Upside
$15.50 Price Target
Short Interest
Bearish
3.04% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$347,444 Sold Last Quarter
Proj. Earnings Growth
64.94%
From $0.77 to $1.27 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.96 out of 5 stars

Finance Sector

330th out of 838 stocks

State Commercial Banks Industry

75th out of 177 stocks

FFIC stock logo

About Flushing Financial Stock (NASDAQ:FFIC)

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, non-interest bearing 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. It operates full-service banking offices in Queens, Nassau, Suffolk, Kings, and New York counties, New York; and an internet branch under the iGObanking and BankPurely brands. Flushing Financial Corporation was founded in 1929 and is based in Uniondale, New York.

FFIC Stock Price History

FFIC Stock News Headlines

Flushing Financial (FFIC) to Release Earnings on Tuesday
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Q4 2023 Flushing Financial Corp Earnings Call
Here's what to expect from Flushing Financial's earnings
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Ex-Dividend for 3/22 Dividend
3/08/2024
Dividend Payable
3/22/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Thrifts & Mortgage Finance
Current Symbol
NASDAQ:FFIC
CUSIP
34387310
Employees
549
Year Founded
1929

Price Target and Rating

Average Stock Price Target
$15.50
High Stock Price Target
$19.00
Low Stock Price Target
$13.50
Potential Upside/Downside
+25.3%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$28.66 million
Pretax Margin
9.39%

Debt

Sales & Book Value

Annual Sales
$424.07 million
Cash Flow
$1.16 per share
Book Value
$23.19 per share

Miscellaneous

Free Float
27,459,000
Market Cap
$359.60 million
Optionable
Optionable
Beta
0.73

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FFIC Stock Analysis - Frequently Asked Questions

Should I buy or sell Flushing Financial stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Flushing Financial in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" FFIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FFIC, but not buy additional shares or sell existing shares.
View FFIC analyst ratings
or view top-rated stocks.

What is Flushing Financial's stock price target for 2024?

3 equities research analysts have issued 12 month target prices for Flushing Financial's stock. Their FFIC share price targets range from $13.50 to $19.00. On average, they predict the company's share price to reach $15.50 in the next twelve months. This suggests a possible upside of 26.3% from the stock's current price.
View analysts price targets for FFIC
or view top-rated stocks among Wall Street analysts.

How have FFIC shares performed in 2024?

Flushing Financial's stock was trading at $16.48 at the beginning of the year. Since then, FFIC shares have decreased by 25.5% and is now trading at $12.27.
View the best growth stocks for 2024 here
.

Are investors shorting Flushing Financial?

Flushing Financial saw a increase in short interest in March. As of March 31st, there was short interest totaling 828,600 shares, an increase of 13.0% from the March 15th total of 733,500 shares. Based on an average daily volume of 205,300 shares, the days-to-cover ratio is currently 4.0 days. Currently, 3.0% of the shares of the stock are sold short.
View Flushing Financial's Short Interest
.

When is Flushing Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our FFIC earnings forecast
.

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

Flushing Financial will be holding an earnings conference call on Wednesday, April 24th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 855-669-9658 with passcode "7388314".

How were Flushing Financial's earnings last quarter?

Flushing Financial Co. (NASDAQ:FFIC) released its earnings results on Thursday, January, 25th. The bank reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.02. The bank earned $53.49 million during the quarter, compared to the consensus estimate of $48.84 million. Flushing Financial had a trailing twelve-month return on equity of 4.11% and a net margin of 7.37%.

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

Flushing Financial declared a quarterly dividend on Tuesday, February 27th. Shareholders of record on Monday, March 11th will be given a dividend of $0.22 per share on Friday, March 22nd. This represents a $0.88 dividend on an annualized basis and a yield of 7.17%. The ex-dividend date of this dividend is Friday, March 8th.
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 7.48%. FFIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 83.81%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, FFIC will have a dividend payout ratio of 69.29% 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).

Who are Flushing Financial's major shareholders?

Flushing Financial's stock is owned by many different institutional and retail investors. Top institutional investors include Hennessy Advisors Inc. (0.48%) and Allspring Global Investments Holdings LLC (0.01%). Insiders that own company stock include Douglas C Manditch, Francis W Korzekwinski, John R Buran, Louis C Grassi, Maria A Grasso, Steven J Diorio, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FFIC) was last updated on 4/23/2024 by MarketBeat.com Staff

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