Financial Institutions Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Financial Institutions in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Financial Institutions stock.
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Financial Institutions is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Financial Institutions.

Financial Institutions, Inc. (NASDAQ:FISI) released its quarterly earnings data on Thursday, January, 28th. The bank reported $0.84 EPS for the quarter, beating the Zacks' consensus estimate of $0.80 by $0.04. Financial Institutions had a net margin of 18.17% and a trailing twelve-month return on equity of 8.70%.
View Financial Institutions' earnings history.

Financial Institutions' stock was trading at $20.15 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FISI stock has increased by 58.3% and is now trading at $31.90.
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Financial Institutions declared a quarterly dividend on Thursday, February 25th. Stockholders of record on Friday, March 19th will be paid a dividend of $0.27 per share on Friday, April 2nd. This represents a $1.08 annualized dividend and a yield of 3.39%. The ex-dividend date of this dividend is Thursday, March 18th. This is a boost from Financial Institutions's previous quarterly dividend of $0.26.
View Financial Institutions' dividend history.

Financial Institutions pays an annual dividend of $1.04 per share and currently has a dividend yield of 3.47%. Financial Institutions has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of Financial Institutions is 35.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Financial Institutions will have a dividend payout ratio of 38.10% next year. This indicates that Financial Institutions will be able to sustain or increase its dividend.
View Financial Institutions' dividend history.

3 equities research analysts have issued 12 month price targets for Financial Institutions' shares. Their forecasts range from $22.00 to $25.00. On average, they expect Financial Institutions' stock price to reach $23.33 in the next year. This suggests that the stock has a possible downside of 26.9%.
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1 employees have rated Financial Institutions CEO John E. Benjamin on Glassdoor.com. John E. Benjamin has an approval rating of 100% among Financial Institutions' employees. This puts John E. Benjamin in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Financial Institutions include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), First Horizon (FHN), Zions Bancorporation, National Association (ZION) and Commerce Bancshares (CBSH).
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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), The Home Depot (HD), International Business Machines (IBM), Johnson & Johnson (JNJ) and Main Street Capital (MAIN).

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

Financial Institutions' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.04%), Dimensional Fund Advisors LP (8.04%), BlackRock Inc. (7.97%), Renaissance Technologies LLC (2.93%), Northern Trust Corp (2.13%) and JPMorgan Chase & Co. (1.71%). Company insiders that own Financial Institutions stock include Andrew W Dorn Jr, Joseph L Dugan, Martin Kearney Birmingham, Robert M Glaser and Samuel J Burruano Jr.
View institutional ownership trends for Financial Institutions.

FISI stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, BlackRock Inc., Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Trexquant Investment LP, Northern Trust Corp, Engineers Gate Manager LP, and Barclays PLC.
View insider buying and selling activity for Financial Institutions or view top insider-selling stocks.

FISI stock was acquired by a variety of institutional investors in the last quarter, including Royce & Associates LP, New York State Common Retirement Fund, Walthausen & Co. LLC, Community Capital Management Inc., Bailard Inc., Squarepoint Ops LLC, Exchange Traded Concepts LLC, and BHZ Capital Management LP. Company insiders that have bought Financial Institutions stock in the last two years include Andrew W Dorn Jr, Joseph L Dugan, Martin Kearney Birmingham, Robert M Glaser, and Samuel J Burruano Jr.
View insider buying and selling activity for Financial Institutions or or view top insider-buying stocks.

Shares of FISI 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.
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One share of FISI stock can currently be purchased for approximately $31.90.

Financial Institutions has a market capitalization of $511.61 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 600 workers across the globe.

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

Financial Institutions is headquartered at 220 LIBERTY STREET, WARSAW NY, 14569.

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]