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DOW   32,717.60
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Micron Technology Goes on Breakout Watch
S&P 500   4,027.81
DOW   32,717.60
QQQ   312.72
3 Undervalued Dividend Payers For Volatile Market Conditions
Adam Mesh: “This Strategy Saved My Trading Career” (Ad)pixel
3 More Downgrades To Put On Your Buy List 
Three Pullback Opportunities in Tech Right Now
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Micron Technology Goes on Breakout Watch
S&P 500   4,027.81
DOW   32,717.60
QQQ   312.72
3 Undervalued Dividend Payers For Volatile Market Conditions
Adam Mesh: “This Strategy Saved My Trading Career” (Ad)pixel
3 More Downgrades To Put On Your Buy List 
Three Pullback Opportunities in Tech Right Now
Adam Mesh: “This Strategy Saved My Trading Career” (Ad)pixel
Three Mid Caps Wall Street Sees Doubling Within 12 Months
The Most Important Warren Buffett Stock for Investors: His Own
Bank Accounts: Frozen! (Ad)
Dave & Buster’s Rebound Could Score for Investors 
Micron Technology Goes on Breakout Watch
NASDAQ:FISI

Financial Institutions - FISI Stock Forecast, Price & News

$19.57
-0.06 (-0.31%)
(As of 03/29/2023 12:00 AM ET)
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Compare
Today's Range
$19.37
$19.85
50-Day Range
$18.68
$25.68
52-Week Range
$18.35
$31.99
Volume
48,085 shs
Average Volume
45,500 shs
Market Capitalization
$300.99 million
P/E Ratio
5.50
Dividend Yield
6.13%
Price Target
$29.00

Financial Institutions MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
48.2% Upside
$29.00 Price Target
Short Interest
Bearish
1.16% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.32mentions of Financial Institutions in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$12,350 Bought Last Quarter
Proj. Earnings Growth
-0.31%
From $3.21 to $3.20 Per Share

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 stars

Finance Sector

180th out of 892 stocks

National Commercial Banks Industry

26th out of 86 stocks


FISI stock logo

About Financial Institutions (NASDAQ:FISI) Stock

Financial 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.

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FISI Stock News Headlines

"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
Financial Institutions Raises Dividend to 30c per Share
Array Named to Prestigious Embedded Fintech 50 List
See More Headlines
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FISI Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 4/3 Dividend
3/15/2023
Ex-Dividend for 4/3 Dividend
3/15/2023
Today
3/30/2023
Dividend Payable
4/03/2023
Dividend Payable
4/03/2023
Next Earnings (Estimated)
4/26/2023
Fiscal Year End
12/31/2023

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
+48.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$56.57 million
Pretax Margin
29.28%

Debt

Sales & Book Value

Annual Sales
$242.38 million
Cash Flow
$4.64 per share
Book Value
$25.32 per share

Miscellaneous

Free Float
15,052,000
Market Cap
$300.99 million
Optionable
Optionable
Beta
0.90

Key Executives

  • Martin Kearney BirminghamMartin Kearney Birmingham
    President, Chief Executive Officer & Director
  • W. Jack Plants
    Chief Financial Officer, Treasurer & Executive VP
  • Jeffrey Patrick Kenefick
    EVP & Chief Strategic Development Officer
  • Justin K. Bigham
    Chief Community Banking Officer & Executive VP
  • Samuel J. BurruanoSamuel J. Burruano
    Secretary, Chief Legal Officer & Executive VP













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?
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