The First of Long Island Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The First of Long Island in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" The First of Long Island stock.
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The First of Long Island saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 156,100 shares, a decline of 19.7% from the August 15th total of 194,300 shares. Based on an average daily trading volume, of 90,200 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.7% of the company's stock are short sold.
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The First of Long Island is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for The First of Long Island.

The First of Long Island Co. (NASDAQ:FLIC) issued its earnings results on Thursday, July, 29th. The bank reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.04. The bank had revenue of $29.75 million for the quarter, compared to analyst estimates of $29.32 million. The First of Long Island had a trailing twelve-month return on equity of 10.79% and a net margin of 31.54%.
View The First of Long Island's earnings history.

The First of Long Island's stock was trading at $16.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FLIC shares have increased by 19.4% and is now trading at $20.00.
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The First of Long Island announced a quarterly dividend on Friday, June 25th. Shareholders of record on Thursday, July 8th will be paid a dividend of $0.19 per share on Friday, July 16th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date of this dividend is Wednesday, July 7th.
View The First of Long Island's dividend history.

The First of Long Island pays an annual dividend of $0.76 per share and currently has a dividend yield of 3.90%. The First of Long Island has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of The First of Long Island is 42.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The First of Long Island will have a dividend payout ratio of 40.43% next year. This indicates that The First of Long Island will be able to sustain or increase its dividend.
View The First of Long Island's dividend history.

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

2 Wall Street analysts have issued 1 year target prices for The First of Long Island's stock. Their forecasts range from $18.00 to $21.00. On average, they anticipate The First of Long Island's share price to reach $19.50 in the next year. This suggests that the stock has a possible downside of 2.5%.
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1 employees have rated The First of Long Island CEO Michael N. Vittorio on Glassdoor.com. Michael N. Vittorio has an approval rating of 100% among The First of Long Island's employees. This puts Michael N. Vittorio in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to The First of Long Island include The PNC Financial Services Group (PNC), Truist Financial (TFC), SVB Financial Group (SIVB), First Republic Bank (FRC), Fifth Third Bancorp (FITB), Huntington Bancshares (HBAN), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), East West Bancorp (EWBC), Zions Bancorporation, National Association (ZION), First Horizon (FHN) and First Citizens BancShares (FCNCA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other The First of Long Island investors own include Realty Income (O), AT&T (T), Walgreens Boots Alliance (WBA), Chevron (CVX), International Business Machines (IBM), The Southern (SO), Verizon Communications (VZ), AbbVie (ABBV), Enbridge (ENB) and Altria Group (MO).

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

The First of Long Island's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.90%), Franklin Resources Inc. (7.83%), FMR LLC (6.87%), Vanguard Group Inc. (4.57%), Dimensional Fund Advisors LP (4.16%) and Renaissance Technologies LLC (3.00%). Company insiders that own The First of Long Island stock include Alexander L Cover, Janet T Verneuille, Jay Young, Mark D Curtis, Michael N Vittorio, Milbrey Rennie Taylor, Paul T Canarick and Walter C Teagle III.
View institutional ownership trends for The First of Long Island.

FLIC stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., BlackRock Inc., Chilton Investment Co. LLC, JPMorgan Chase & Co., California Public Employees Retirement System, Nelson Van Denburg & Campbell Wealth Management Group LLC, Vanguard Group Inc., and Cutler Capital Management LLC. Company insiders that have sold The First of Long Island company stock in the last year include Jay Young, Milbrey Rennie Taylor, and Walter C Teagle III.
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FLIC stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Susquehanna International Group LLP, Millennium Management LLC, State Street Corp, GSA Capital Partners LLP, Dimensional Fund Advisors LP, Citadel Advisors LLC, and Nuveen Asset Management LLC. Company insiders that have bought The First of Long Island stock in the last two years include Alexander L Cover, Janet T Verneuille, and Paul T Canarick.
View insider buying and selling activity for The First of Long Island or or view top insider-buying stocks.

Shares of FLIC 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 $20.00.

The First of Long Island has a market capitalization of $474.12 million and generates $145.30 million in revenue each year. The bank earns $41.20 million in net income (profit) each year or $1.80 on an earnings per share basis.

The First of Long Island employs 350 workers across the globe.

The First of Long Island was founded in 1927.

The official website for The First of Long Island is www.fnbli.com.

The First of Long Island is headquartered at 10 GLEN HEAD RD, GLEN HEAD NY, 11545.

The First of Long Island's mailing address is 10 GLEN HEAD RD, GLEN HEAD NY, 11545. The bank can be reached via phone at (516) 671-4900 or via email at [email protected].