First of Long Island (FLIC) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First of Long Island in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" FLIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FLIC, but not buy additional shares or sell existing shares.
View FLIC analyst ratings or view top-rated stocks.

1 brokerages have issued 1-year price targets for First of Long Island's shares. Their FLIC share price forecasts range from $15.00 to $18.00. On average, they anticipate the company's stock price to reach $16.50 in the next twelve months. This suggests a possible upside of 44.1% from the stock's current price.
View analysts price targets for FLIC or view top-rated stocks among Wall Street analysts.

First of Long Island's stock was trading at $18.00 on January 1st, 2023. Since then, FLIC shares have decreased by 36.4% and is now trading at $11.45.
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First of Long Island saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 349,200 shares, a decline of 21.0% from the August 15th total of 441,800 shares. Based on an average daily volume of 122,100 shares, the days-to-cover ratio is presently 2.9 days. Currently, 1.7% of the shares of the stock are sold short.
View First of Long Island's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our FLIC earnings forecast.

The First of Long Island Co. (NASDAQ:FLIC) announced its quarterly earnings results on Thursday, July, 27th. The bank reported $0.31 EPS for the quarter, missing the consensus estimate of $0.32 by $0.01. The bank had revenue of $24.52 million for the quarter, compared to analysts' expectations of $24.80 million. First of Long Island had a trailing twelve-month return on equity of 9.79% and a net margin of 23.50%.

First of Long Island announced a quarterly dividend on Friday, June 30th. Shareholders of record on Wednesday, July 12th will be given a dividend of $0.21 per share on Thursday, July 20th. This represents a $0.84 annualized dividend and a yield of 7.34%. The ex-dividend date of this dividend is Tuesday, July 11th.
Read our dividend analysis for FLIC.

ProShares Russell 2000 Dividend Growers ETF holds 668,345 shares of FLIC stock, representing 1.09% of its portfolio.

First of Long Island (NASDAQ:FLIC) pays an annual dividend of $0.84 per share and currently has a dividend yield of 7.34%. FLIC 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 26 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 52.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FLIC will have a dividend payout ratio of 68.85% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FLIC.

First of Long Island's stock split before market open on Tuesday, November 29th 2016. The 3-2 split was announced on Thursday, October 27th 2016. The newly issued shares were issued to shareholders after the closing bell on Monday, November 28th 2016. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

1 employees have rated First of Long Island Chief Executive Officer Michael N. Vittorio on Glassdoor.com. Michael N. Vittorio has an approval rating of 100% among the company's employees. This puts Michael N. Vittorio 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 First of Long Island investors own include Realty Income (O), AT&T (T), Walgreens Boots Alliance (WBA), Chevron (CVX), International Business Machines (IBM), Southern (SO), Verizon Communications (VZ), AbbVie (ABBV), Enbridge (ENB) and Altria Group (MO).

First of Long Island trades on the NASDAQ under the ticker symbol "FLIC."

First of Long Island's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.32%), Dimensional Fund Advisors LP (4.11%), ProShare Advisors LLC (2.97%), Renaissance Technologies LLC (2.47%), State Street Corp (2.16%) and Geode Capital Management LLC (1.94%). Insiders that own company stock include Christopher J Hilton, Jay Young, John Abbott Root Cooper, Milbrey Rennie Taylor, Tanweer Sheikh Ansari and Walter C Teagle III.
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Shares of FLIC 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 FLIC stock can currently be purchased for approximately $11.45.

First of Long Island (NASDAQ:FLIC) has a market capitalization of $258.43 million and generates $146.63 million in revenue each year. The bank earns $46.93 million in net income (profit) each year or $1.59 on an earnings per share basis.

The company employs 303 workers across the globe.

First of Long Island's mailing address is 10 GLEN HEAD RD, GLEN HEAD NY, 11545. The official website for the company is www.fnbli.com. The bank can be reached via phone at (516) 671-4900, via email at william.aprigliano@fnbli.com, or via fax at 516-676-7900.