Financial Institutions - FISI Stock Forecast, Price & News

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.

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.

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.
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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.

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

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.

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.

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.

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.

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).

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

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.

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.
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One share of FISI stock can currently be purchased for approximately $23.90.

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.

The company employs 600 workers across the globe.

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.