NASDAQ:FISI Financial Institutions - FISI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Financial Institutions, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $24.68 -0.03 (-0.12%) (As of 02/1/2023 10:32 AM ET) Add Compare Share Share Today's Range$24.50▼$24.8050-Day Range$23.56▼$25.3252-Week Range$22.91▼$34.43Volume7,747 shsAverage Volume28,988 shsMarket Capitalization$378.59 millionP/E Ratio6.93Dividend Yield4.74%Price Target$29.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Financial Institutions MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside17.4% Upside$29.00 Price TargetShort InterestHealthy0.96% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.00Based on 7 Articles This WeekInsider TradingAcquiring Shares$23,430 Bought Last QuarterProj. Earnings Growth2.05%From $3.41 to $3.48 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.96 out of 5 starsFinance Sector88th out of 895 stocksNational Commercial Banks Industry9th out of 85 stocks 2.0 Analyst's Opinion Consensus RatingFinancial Institutions has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.00, Financial Institutions has a forecasted upside of 17.4% from its current price of $24.71.Amount of Analyst CoverageFinancial Institutions has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.96% of the float of Financial Institutions has been sold short.Short Interest Ratio / Days to CoverFinancial Institutions has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Financial Institutions has recently decreased by 8.89%, indicating that investor sentiment is improving significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipFinancial Institutions is a leading dividend payer. It pays a dividend yield of 4.74%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFinancial Institutions has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of Financial Institutions is 32.58%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Financial Institutions will have a dividend payout ratio of 33.33% next year. This indicates that Financial Institutions will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FISI. Previous Next 3.3 News and Social Media Coverage News SentimentFinancial Institutions has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Financial Institutions this week, compared to 1 article on an average week.Search Interest2 people have searched for FISI on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Financial Institutions to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Financial Institutions insiders have bought more of their company's stock than they have sold. Specifically, they have bought $23,430.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.10% of the stock of Financial Institutions is held by insiders.Percentage Held by Institutions67.34% of the stock of Financial Institutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Financial Institutions are expected to grow by 2.05% in the coming year, from $3.41 to $3.48 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Financial Institutions is 6.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.52.Price to Earnings Ratio vs. SectorThe P/E ratio of Financial Institutions is 6.94, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 183.08.Price to Book Value per Share RatioFinancial Institutions has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Financial Institutions (NASDAQ:FISI) StockFinancial Institutions, Inc. is a holding company, which engages in the provision of financial services. It operates through the following segments: Banking, Non-Banking, and Holding Company and Other. The Banking segment includes retail and commercial banking operations. The Non-Banking segment consists of the activities of SDN, a full-service insurance agency that offers insurance services to both personal and business clients, and Courier Capital, an investment advisor and wealth management firm that delivers customized investment management, investment consulting, and retirement plan services to individuals, businesses, institutions, foundations, and retirement plans. The company was founded in 1931 and is headquartered in Warsaw, NY.Read More Receive FISI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Financial Institutions and its competitors with MarketBeat's FREE daily newsletter. Email Address FISI Stock News HeadlinesFebruary 1, 2023 | finance.yahoo.comFinancial Institutions Full Year 2022 Earnings: EPS Misses ExpectationsJanuary 31, 2023 | seekingalpha.comFinancial Institutions, Inc. (FISI) Q4 2022 Earnings Call TranscriptFebruary 1, 2023 | PressReach (Ad)Top Innovation StockToday's stock market report features an AI Robotics tech stock with a $4 million order backlog.January 30, 2023 | msn.comFinancial Institutions (FISI) Q4 Earnings and Revenues Top EstimatesJanuary 30, 2023 | finance.yahoo.comFinancial Institutions, Inc. Announces Fourth Quarter and Full Year 2022 ResultsJanuary 29, 2023 | americanbankingnews.comFinancial Institutions (FISI) Set to Announce Quarterly Earnings on MondayJanuary 24, 2023 | finance.yahoo.comFive Star Bank Expands its Commercial Lending Franchise in Central New York with New Syracuse OfficeJanuary 24, 2023 | americanbankingnews.comShort Interest in Financial Institutions, Inc. (NASDAQ:FISI) Declines By 5.7%February 1, 2023 | PressReach (Ad)Top Innovation StockToday's stock market report features an AI Robotics tech stock with a $4 million order backlog.January 19, 2023 | marketwatch.comSEB Names Jonas Ahlstrom Sole Head of Large Corporates & Financial InstitutionsJanuary 14, 2023 | businessinsider.comNusenda Credit Union review: New Mexico financial institution with a free savings accountDecember 31, 2022 | money.usnews.comTurkish Central Bank Includes Other Financial Firms in Securities RegulationDecember 29, 2022 | seekingalpha.comFinancial Institutions: Attractively Valued With A High Dividend Yield (Rating Upgrade)December 23, 2022 | msn.comFirms give $100m support to SMEsDecember 20, 2022 | finance.yahoo.comFinancial Institutions, Inc. Schedules Fourth Quarter and Full Year 2022 Earnings Release and Conference CallDecember 20, 2022 | finance.yahoo.comW. Jack Plants II Promoted to Executive Vice President of Financial Institutions, Inc. and Five Star BankDecember 14, 2022 | finance.yahoo.comStatement from Peter Routledge, Superintendent of Financial Institutions: OSFI will never rest easy when it comes to financial system resilienceDecember 12, 2022 | msn.comCBN eyes payment system, financial inclusionDecember 2, 2022 | msn.comAMCON liabilities hit N5.7tn – CBN reportNovember 2, 2022 | apnews.comFinancial Institutions, Inc. to Participate in Investor Conferences in November 2022November 1, 2022 | finance.yahoo.comFinancial Institutions, Inc. to Participate in Investor Conferences in November 2022October 28, 2022 | investing.comFinancial Institutions PT Lowered to $31 at Piper SandlerOctober 28, 2022 | seekingalpha.comFinancial Institutions, Inc. (FISI) Q3 2022 Earnings Call TranscriptOctober 27, 2022 | finance.yahoo.comFinancial Institutions (FISI) Q3 Earnings Lag EstimatesOctober 27, 2022 | finance.yahoo.comFinancial Institutions, Inc. Announces Third Quarter 2022 ResultsOctober 26, 2022 | benzinga.comEarnings Outlook For Financial InstitutionsOctober 24, 2022 | finance.yahoo.comAnalysts Estimate Sterling Bancorp (SBT) to Report a Decline in Earnings: What to Look Out forSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FISI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Financial Institutions and its competitors with MarketBeat's FREE daily newsletter. Email Address FISI Company Calendar Last Earnings10/28/2021Ex-Dividend for 1/3 Dividend12/15/2022Dividend Payable1/03/2023Today2/01/2023Next Earnings (Estimated)4/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:FISI CUSIP31758540 CIK862831 Webwww.five-starbank.com Phone(585) 786-1100Fax718-786-5254Employees600Year FoundedN/APrice Target and Rating Average Stock Price Forecast$29.00 High Stock Price Forecast$29.00 Low Stock Price Forecast$29.00 Forecasted Upside/Downside+17.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.56 Trailing P/E Ratio6.93 Forward P/E Ratio7.24 P/E GrowthN/ANet Income$77.70 million Net Margins23.34% Pretax Margin35.08% Return on Equity13.97% Return on Assets1.01% Debt Debt-to-Equity Ratio0.20 Current Ratio0.79 Quick Ratio0.79 Sales & Book Value Annual Sales$242.38 million Price / Sales1.56 Cash Flow$5.82 per share Price / Cash Flow4.24 Book Value$30.80 per share Price / Book0.80Miscellaneous Outstanding Shares15,340,000Free Float15,013,000Market Cap$378.59 million OptionableOptionable Beta0.90 Key ExecutivesMartin Kearney BirminghamPresident, Chief Executive Officer & DirectorW. Jack PlantsChief Financial Officer, Treasurer & Executive VPJeffrey Patrick KenefickEVP & Chief Strategic Development OfficerJustin K. BighamChief Community Banking Officer & Executive VPSamuel J. BurruanoSecretary, Chief Legal Officer & Executive VPKey CompetitorsAmerican National BanksharesNASDAQ:AMNBFirst BancorpNASDAQ:FNLCFirst of Long IslandNASDAQ:FLICNational BanksharesNASDAQ:NKSHAmes NationalNASDAQ:ATLOView All CompetitorsInsiders & InstitutionsPL Capital Advisors LLCBought 103,800 shares on 1/26/2023Ownership: 1.492%Strs OhioSold 1,000 shares on 1/26/2023Ownership: 0.156%Bank of New York Mellon CorpBought 6,247 shares on 12/8/2022Ownership: 0.829%California State Teachers Retirement SystemSold 497 shares on 11/21/2022Ownership: 0.039%Parallax Volatility Advisers L.P.Sold 42,500 shares on 11/21/2022Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions FISI Stock - Frequently Asked Questions Should I buy or sell Financial Institutions stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Financial Institutions in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FISI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FISI, but not buy additional shares or sell existing shares. View FISI analyst ratings or view top-rated stocks. What is Financial Institutions' stock price forecast for 2023? 1 Wall Street research analysts have issued twelve-month price targets for Financial Institutions' stock. Their FISI share price forecasts range from $29.00 to $29.00. On average, they predict the company's share price to reach $29.00 in the next year. This suggests a possible upside of 17.4% from the stock's current price. View analysts price targets for FISI or view top-rated stocks among Wall Street analysts. How have FISI shares performed in 2023? Financial Institutions' stock was trading at $24.36 at the beginning of 2023. Since then, FISI shares have increased by 1.4% and is now trading at $24.71. View the best growth stocks for 2023 here. When is Financial Institutions' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023. View our FISI earnings forecast. How were Financial Institutions' earnings last quarter? Financial Institutions, Inc. (NASDAQ:FISI) released its quarterly earnings data on Thursday, October, 28th. The bank reported $1.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.96 by $0.09. The bank earned $50.36 million during the quarter, compared to analysts' expectations of $49.79 million. Financial Institutions had a trailing twelve-month return on equity of 15.06% and a net margin of 27.98%. During the same period in the prior year, the firm posted $0.74 earnings per share. How often does Financial Institutions pay dividends? What is the dividend yield for Financial Institutions? Financial Institutions declared a quarterly dividend on Monday, November 21st. Shareholders of record on Friday, December 16th will be given a dividend of $0.29 per share on Tuesday, January 3rd. This represents a $1.16 annualized dividend and a yield of 4.69%. The ex-dividend date is Thursday, December 15th. Read our dividend analysis for FISI. Is Financial Institutions a good dividend stock? Financial Institutions (NASDAQ:FISI) pays an annual dividend of $1.16 per share and currently has a dividend yield of 4.80%. FISI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 28.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FISI will have a dividend payout ratio of 34.02% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FISI. What is John E. Benjamin's approval rating as Financial Institutions' CEO? 1 employees have rated Financial Institutions Chief Executive Officer John E. Benjamin on Glassdoor.com. John E. Benjamin has an approval rating of 100% among the company's employees. This puts John E. Benjamin in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Financial Institutions own? Based on aggregate information from My MarketBeat watchlists, some companies that other Financial Institutions investors own include AT&T (T), Verizon Communications (VZ), AbbVie (ABBV), Albany International (AIN), Bristol-Myers Squibb (BMY), Dominion Energy (D), Home Depot (HD), International Business Machines (IBM), Johnson & Johnson (JNJ) and Main Street Capital (MAIN). What is Financial Institutions' stock symbol? Financial Institutions trades on the NASDAQ under the ticker symbol "FISI." Who are Financial Institutions' major shareholders? Financial Institutions' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include PL Capital Advisors LLC (1.49%), Strs Ohio (0.16%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Andrew W Dorn Jr, James F Stern, Martin Kearney Birmingham, Robert M Glaser, Samuel J Burruano Jr and William Jack Plants II. View institutional ownership trends. How do I buy shares of Financial Institutions? Shares of FISI 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 Financial Institutions' stock price today? One share of FISI stock can currently be purchased for approximately $24.71. How much money does Financial Institutions make? Financial Institutions (NASDAQ:FISI) has a market capitalization of $379.05 million and generates $214.11 million in revenue each year. The bank earns $77.70 million in net income (profit) each year or $4.01 on an earnings per share basis. How many employees does Financial Institutions have? The company employs 600 workers across the globe. How can I contact Financial Institutions? Financial Institutions' mailing address is 220 LIBERTY STREET, WARSAW NY, 14569. The official website for the company is www.five-starbank.com. The bank can be reached via phone at (585) 786-1100, via email at sjdoran@five-starbank.com, or via fax at 718-786-5254. This page (NASDAQ:FISI) was last updated on 2/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.