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. $19.57 -0.06 (-0.31%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$19.37▼$19.8550-Day Range$18.68▼$25.6852-Week Range$18.35▼$31.99Volume48,085 shsAverage Volume45,500 shsMarket Capitalization$300.99 millionP/E Ratio5.50Dividend Yield6.13%Price Target$29.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Financial Institutions MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside48.2% Upside$29.00 Price TargetShort InterestBearish1.16% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.32Based on 4 Articles This WeekInsider TradingAcquiring Shares$12,350 Bought Last QuarterProj. Earnings Growth-0.31%From $3.21 to $3.20 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.2.77 out of 5 starsFinance Sector180th out of 892 stocksNational Commercial Banks Industry26th out of 86 stocks 3.0 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 48.2% from its current price of $19.57.Amount of Analyst CoverageFinancial Institutions has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.16% 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.Change versus previous monthShort interest in Financial Institutions has recently increased by 0.69%, indicating that investor sentiment is decreasing. Previous Next 5.0 Dividend Strength Dividend LeadershipFinancial Institutions is a leading dividend payer. It pays a dividend yield of 6.26%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFinancial Institutions has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Financial Institutions is 33.71%. 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 37.50% 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 1.8 News and Social Media Coverage News SentimentFinancial Institutions has a news sentiment score of 0.32. 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 lower news sentiment than the 0.58 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Financial Institutions this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added Financial Institutions to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 $12,350.00 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Financial Institutions are expected to decrease by -0.31% in the coming year, from $3.21 to $3.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Financial Institutions is 5.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.86.Price to Earnings Ratio vs. SectorThe P/E ratio of Financial Institutions is 5.50, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 145.19.Price to Book Value per Share RatioFinancial Institutions has a P/B Ratio of 0.77. 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 HeadlinesMarch 27, 2023 | finance.yahoo.comRochester Democrat and Chronicle Names Five Star Bank a Winner of the Rochester Metro Area Top Workplaces 2023 AwardMarch 23, 2023 | msn.comBanking 2023: The Pros and Cons of Doing It All OnlineMarch 30, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastMarch 23, 2023 | finance.yahoo.comFinancial Institutions, Inc. Announces 2023 Annual Meeting DateMarch 21, 2023 | msn.comOSFI’s new guidelines: A step toward making banks and insurers more conscious of their climate impactsMarch 21, 2023 | marketwatch.comFinancial Institutions Compliance Training Market 2023: Growth Prospects and Revenue AnalysisMarch 18, 2023 | cnbc.comFinancial institutions get together to generate $20 billion in support for First RepublicMarch 15, 2023 | msn.comHow does FDIC insurance work? Are all bank accounts insured by the FDIC?March 30, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastMarch 14, 2023 | tmcnet.comFinastra and Uni Systems extend collaboration to enable financial institutions to meet new risk management regulationMarch 10, 2023 | finance.yahoo.comFinancial Institutions, Inc. (NASDAQ:FISI) Looks Interesting, And It's About To Pay A DividendMarch 7, 2023 | bloomberg.comCanada Financial Watchdog Sets Rules on Climate Risk DisclosureFebruary 27, 2023 | finance.yahoo.comThe Buffalo News Names Five Star Bank a Winner of the Buffalo Niagara Region Top Workplaces 2023 AwardFebruary 24, 2023 | finance.yahoo.comFinancial Institutions (NASDAQ:FISI) Has Announced That It Will Be Increasing Its Dividend To $0.30February 22, 2023 | finance.yahoo.comGary Pacos Joins Financial Institutions, Inc. and Five Star Bank as Chief Risk OfficerFebruary 19, 2023 | marketwatch.comFinancial Institutions Raises Dividend to 30c per ShareFebruary 17, 2023 | finance.yahoo.comFinancial Institutions, Inc. Announces 3.4% Increase in Common Stock DividendFebruary 10, 2023 | seekingalpha.comPGF: A Preferred ETF Of Financial Institutions With Decent And Stable YieldFebruary 8, 2023 | benzinga.comExclusive: Simplifya And Shield Compliance Bring Critical Cannabis RegTech Market Data To Financial InstitutionsFebruary 1, 2023 | technews.tmcnet.comArray Named to Prestigious Embedded Fintech 50 ListFebruary 1, 2023 | finance.yahoo.comFinancial Institutions, Inc. (NASDAQ:FISI) Q4 2022 Earnings Call TranscriptFebruary 1, 2023 | finance.yahoo.comFinancial Institutions Full Year 2022 Earnings: EPS Misses ExpectationsJanuary 31, 2023 | seekingalpha.comFinancial Institutions, Inc. (FISI) Q4 2022 Earnings Call TranscriptJanuary 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 24, 2023 | finance.yahoo.comFive Star Bank Expands its Commercial Lending Franchise in Central New York with New Syracuse OfficeJanuary 19, 2023 | marketwatch.comSEB Names Jonas Ahlstrom Sole Head of Large Corporates & Financial InstitutionsSee 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 4/3 Dividend3/15/2023Ex-Dividend for 4/3 Dividend3/15/2023Today3/30/2023Dividend Payable4/03/2023Dividend Payable4/03/2023Next 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+48.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.56 Trailing P/E Ratio5.50 Forward P/E Ratio6.10 P/E GrowthN/ANet Income$56.57 million Net Margins23.34% Pretax Margin29.28% Return on Equity14.12% Return on Assets1.00% Debt Debt-to-Equity Ratio0.19 Current Ratio0.81 Quick Ratio0.81 Sales & Book Value Annual Sales$242.38 million Price / Sales1.24 Cash Flow$4.64 per share Price / Cash Flow4.22 Book Value$25.32 per share Price / Book0.77Miscellaneous Outstanding Shares15,380,000Free Float15,052,000Market Cap$300.99 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 CompetitorsFirst of Long IslandNASDAQ:FLICFirst BancorpNASDAQ:FNLCAmerican National BanksharesNASDAQ:AMNBNational BanksharesNASDAQ:NKSHAmes NationalNASDAQ:ATLOView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 1,623 shares on 3/23/2023Ownership: 0.050%Alliancebernstein L.P.Bought 9,000 shares on 2/16/2023Ownership: 0.059%Man Group plcBought 11,544 shares on 2/15/2023Ownership: 0.075%Public Employees Retirement System of OhioSold 1,948 shares on 2/15/2023Ownership: 0.056%MetLife Investment Management LLCSold 1,623 shares on 2/15/2023Ownership: 0.050%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 year. 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 analysts have issued 12 month target prices for Financial Institutions' stock. Their FISI share price forecasts range from $29.00 to $29.00. On average, they anticipate the company's stock price to reach $29.00 in the next twelve months. This suggests a possible upside of 48.2% 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 the year. Since then, FISI stock has decreased by 19.7% and is now trading at $19.57. 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 earnings results 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 analyst estimates of $49.79 million. Financial Institutions had a net margin of 23.34% and a trailing twelve-month return on equity of 14.12%. During the same period in the previous year, the business 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 Friday, February 17th. Shareholders of record on Thursday, March 16th will be paid a dividend of $0.30 per share on Monday, April 3rd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.13%. The ex-dividend date is Wednesday, March 15th. This is a boost from the stock's previous quarterly dividend of $0.29. Read our dividend analysis for FISI. What ETFs hold Financial Institutions' stock? ETFs with the largest weight of Financial Institutions (NASDAQ:FISI) stock in their portfolio include Royce Quant Small-Cap Quality Value ETF (SQLV), First Trust NASDAQ ABA Community Bank Index Fund (QABA), SPDR S&P Regional Banking ETF (KRE).Direxion Daily Regional Banks Bull 3x Shares (DPST), Is Financial Institutions a good dividend stock? Financial Institutions (NASDAQ:FISI) pays an annual dividend of $1.20 per share and currently has a dividend yield of 6.26%. 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 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 33.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FISI will have a dividend payout ratio of 37.50% 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 many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.23%), LSV Asset Management (2.52%), Canandaigua National Corp (2.16%), Renaissance Technologies LLC (1.90%), Geode Capital Management LLC (1.83%) and Morgan Stanley (1.52%). 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 $19.57. How much money does Financial Institutions make? Financial Institutions (NASDAQ:FISI) has a market capitalization of $300.99 million and generates $242.38 million in revenue each year. The bank earns $56.57 million in net income (profit) each year or $3.56 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 3/30/2023 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. 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