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NASDAQ:FISI

Financial Institutions - FISI Stock Forecast, Price & News

$24.07
+0.19 (+0.80%)
(As of 12/8/2022 01:39 PM ET)
Add
Compare
Today's Range
$23.75
$24.07
50-Day Range
$22.96
$26.54
52-Week Range
$22.91
$34.43
Volume
417 shs
Average Volume
30,345 shs
Market Capitalization
$369.23 million
P/E Ratio
6.00
Dividend Yield
4.77%
Price Target
$29.00

Financial Institutions MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
20.8% Upside
$29.00 Price Target
Short Interest
Healthy
1.21% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.50mentions of Financial Institutions in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$23,430 Bought Last Quarter
Proj. Earnings Growth
-3.94%
From $3.55 to $3.41 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Finance Sector

238th out of 871 stocks

National Commercial Banks Industry

29th out of 85 stocks

FISI stock logo

About Financial Institutions (NASDAQ:FISI) Stock

Financial Institutions, Inc. operates as a holding company for the Five Star Bank, a chartered bank that provides banking and financial services to individuals, municipalities, and businesses in New York. The company offers checking and savings account programs, including money market accounts, certificates of deposit, sweep investments, and individual retirement and other qualified plan accounts. Its loan products include term loans and lines of credit; short and medium-term commercial loans for working capital, business expansion, and purchase of equipment; commercial business loans to the agricultural industry; commercial mortgage loans; one-to-four family residential mortgage loans, home improvement loans, closed-end home equity loans, and home equity lines of credit; and consumer loans, such as automobile, secured installment, and personal loans. The company also provides personal insurance products, including automobile, homeowners, boat, recreational vehicle, landlord, and umbrella coverage; commercial insurance comprising property, liability, automobile, inland marine, workers compensation, bonds, crop, and umbrella insurance products; and financial services comprising life and disability insurance, medicare supplements, long-term care, annuities, mutual funds, and retirement programs. In addition, it offers customized investment advisory, wealth management, investment consulting, and retirement plan services, as well as operates a real estate investment trust that holds residential mortgages and commercial real estate loans. The company operates a network of 48 banking offices in Allegany, Cattaraugus, Cayuga, Chautauqua, Chemung, Erie, Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Schuyler, Steuben, Wayne, Wyoming, and Yates counties, New York. Financial Institutions, Inc. was founded in 1817 and is headquartered in Warsaw, New York.

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FISI Stock News Headlines

Financial Institutions (FISI) Q3 Earnings Lag Estimates
Earnings Outlook For Financial Institutions
FISI Financial Institutions, Inc.
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Financial Institutions Inc FISI Stock Chart
See More Headlines
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FISI Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 10/3 Dividend
9/15/2022
Dividend Payable
10/03/2022
Today
12/08/2022
Ex-Dividend for 1/3 Dividend
12/15/2022
Fiscal Year End
12/31/2022
Dividend Payable
1/03/2023
Next Earnings (Estimated)
1/30/2023

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:FISI
CUSIP
31758540
Employees
600
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$29.00
High Stock Price Forecast
$29.00
Low Stock Price Forecast
$29.00
Forecasted Upside/Downside
+20.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$77.70 million
Pretax Margin
35.08%

Debt

Sales & Book Value

Annual Sales
$214.11 million
Cash Flow
$5.69 per share
Book Value
$30.80 per share

Miscellaneous

Free Float
15,013,000
Market Cap
$369.23 million
Optionable
Optionable
Beta
0.91

Key Executives

  • Mr. Martin K. Birmingham (Age 56)
    Pres, CEO & Director
    Comp: $1.1M
  • Mr. William Jack Plants IIMr. William Jack Plants II (Age 38)
    Sr. VP, CFO & Treasurer
    Comp: $418.35k
  • Mr. Sean M. Willett (Age 50)
    Exec. VP & Chief Admin. Officer
    Comp: $443.8k
  • Mr. Samuel J. Burruano Jr.Mr. Samuel J. Burruano Jr. (Age 53)
    Exec. VP, Chief Legal Officer & Corp. Sec.
    Comp: $348.03k
  • Mr. Justin K. Bigham (Age 48)
    Exec. VP & Chief Community Banking Officer
    Comp: $529.13k
  • Mr. Kevin B. Quinn (Age 58)
    Sr. VP & Chief Commercial Banking Officer
    Comp: $396.2k
  • Ms. Sonia Marie Dumbleton (Age 60)
    Sr. VP, Controller & Principal Accounting Officer
  • Ms. Kate Croft
    Director of Investor & External Relations
  • Mr. Michael David Grover CPA (Age 50)
    Sr. VP, Director of Financial Planning & Analysis and Tax
  • Mr. Joseph L. Dugan (Age 60)
    Sr. VP and Chief Experience & Go to Market Officer of Five Star Bank













FISI Stock - Frequently Asked Questions

Should I buy or sell Financial Institutions stock right now?

1 Wall Street 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 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 brokerages have issued 12-month price targets for Financial Institutions' shares. Their FISI share price forecasts range from $29.00 to $29.00. On average, they anticipate the company's share price to reach $29.00 in the next twelve months. This suggests a possible upside of 21.3% 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 2022?

Financial Institutions' stock was trading at $31.80 at the start of the year. Since then, FISI stock has decreased by 24.8% and is now trading at $23.90.
View the best growth stocks for 2022 here
.

Are investors shorting Financial Institutions?

Financial Institutions saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 181,500 shares, a decline of 14.9% from the October 31st total of 213,300 shares. Based on an average daily trading volume, of 35,300 shares, the short-interest ratio is currently 5.1 days. Currently, 1.2% of the company's stock are short sold.
View Financial Institutions' Short Interest
.

When is Financial Institutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, January 30th 2023.
View our FISI earnings forecast
.

How were Financial Institutions' earnings last quarter?

Financial Institutions, Inc. (NASDAQ:FISI) released its earnings results on Thursday, October, 28th. The bank reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.09. The bank had revenue of $50.36 million for 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 previous year, the firm posted $0.74 EPS.

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

Financial Institutions announced 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 dividend on an annualized basis and a dividend yield of 4.85%. 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 4.77%. 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 11 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 Dimensional Fund Advisors LP (8.23%), BlackRock Inc. (7.97%), Vanguard Group Inc. (4.87%), Commonwealth Equity Services LLC (3.72%), State Street Corp (2.77%) and LSV Asset Management (2.57%). 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 $23.90.

How much money does Financial Institutions make?

Financial Institutions (NASDAQ:FISI) has a market capitalization of $366.63 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 12/8/2022 by MarketBeat.com Staff