NASDAQ:FISI - Financial Institutions Stock Price, Forecast & News

Financial Institutions' stock was trading at $20.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FISI shares have decreased by 7.7% and is now trading at $18.60. View which stocks have been mosted impacted by Coronavirus.

Financial Institutions is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Financial Institutions.

Financial Institutions, Inc. (NASDAQ:FISI) announced its quarterly earnings results on Thursday, January, 30th. The bank reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.14. The bank had revenue of $42.84 million for the quarter. Financial Institutions had a return on equity of 11.97% and a net margin of 23.36%. View Financial Institutions' earnings history.

Financial Institutions declared a quarterly dividend on Thursday, February 27th. Investors of record on Thursday, March 19th will be given a dividend of $0.26 per share on Thursday, April 2nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 5.59%. The ex-dividend date of this dividend is Wednesday, March 18th. This is a positive change from Financial Institutions's previous quarterly dividend of $0.25. View Financial Institutions' dividend history.

Headlines about FISI stock have trended very negative on Monday, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Financial Institutions earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned media coverage about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutFinancial Institutions.

Financial Institutions saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 84,600 shares, an increase of 6.8% from the February 27th total of 79,200 shares. Based on an average trading volume of 48,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.6% of the company's shares are sold short. View Financial Institutions' Current Options Chain.

Some companies that are related to Financial Institutions include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), M&T Bank (MTB), First Republic Bank (FRC), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), Signature Bank (SBNY) and East West Bancorp (EWBC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Financial Institutions investors own include AT&T (T), Albany International (AIN), Verizon Communications (VZ), AbbVie (ABBV), Dominion Energy (D), IBM (IBM), Main Street Capital (MAIN), Altria Group (MO), ONEOK (OKE) and Pfizer (PFE).

Financial Institutions trades on the NASDAQ under the ticker symbol "FISI."

Financial Institutions' stock is owned by a number of retail and institutional investors. Top institutional investors include Royce & Associates LP (3.12%), Renaissance Technologies LLC (3.12%), LSV Asset Management (2.98%), Canandaigua National Bank & Trust Co. (2.48%), State Street Corp (2.30%) and Prudential Financial Inc. (1.87%). Company insiders that own Financial Institutions stock include Andrew W Dorn Jr, David G Case, Joseph L Dugan, Martin Kearney Birmingham, Michael D Burneal and Robert M Glaser. View institutional ownership trends for Financial Institutions.

FISI stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Hotchkis & Wiley Capital Management LLC, Wedge Capital Management L L P NC, Prudential Financial Inc., Mackay Shields LLC, Canandaigua National Bank & Trust Co., Sei Investments Co., and Credit Suisse AG. View insider buying and selling activity for Financial Institutions.

FISI stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Bank of Montreal Can, Geode Capital Management LLC, State Street Corp, Russell Investments Group Ltd., Thrivent Financial for Lutherans, Bank of New York Mellon Corp, and LSV Asset Management. Company insiders that have bought Financial Institutions stock in the last two years include Andrew W Dorn Jr, Joseph L Dugan, Martin Kearney Birmingham, Michael D Burneal, and Robert M Glaser. View insider buying and selling activity for Financial Institutions.

Shares of FISI 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.

One share of FISI stock can currently be purchased for approximately $18.60.

Financial Institutions has a market capitalization of $297.66 million and generates $209.18 million in revenue each year. The bank earns $48.86 million in net income (profit) each year or $2.96 on an earnings per share basis. Financial Institutions employs 687 workers across the globe. View additional information about Financial Institutions.

The official website for Financial Institutions is http://www.five-starbank.com/.

Financial Institutions' mailing address is 220 LIBERTY STREET, WARSAW NY, 14569. The bank can be reached via phone at 585-786-1100 or via email at [email protected]