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NASDAQ:FLIC

First of Long Island Stock Forecast, Price & News

$14.48
+0.26 (+1.83 %)
(As of 09/25/2020 12:00 AM ET)
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Today's Range
$14.12
Now: $14.48▼
$14.61
50-Day Range
$14.19
MA: $15.53▼
$16.56
52-Week Range
$12.15
Now: $14.48▼
$25.53
Volume60,454 shs
Average Volume78,009 shs
Market Capitalization$345.54 million
P/E Ratio8.78
Dividend Yield5.06%
Beta0.47
The First of Long Island Corporation operates as the holding company for The First National Bank of Long Island that provides financial services to small and medium-sized businesses, professionals, consumers, public bodies, and other organizations. Its deposit products include business and small business checking, personal checking products, savings accounts, negotiable order of withdrawal accounts and IOLA, escrow service accounts, rent security accounts, time deposits, holiday club accounts, and individual retirement accounts, as well as money market products. The company's loan portfolio comprises commercial and industrial loans, small business credit scored loans, residential and commercial mortgage loans, home equity lines of credit, construction loans, and commercial and standby letters of credit, as well as auto, home improvement, and other consumer loans. It also offers account reconciliation services, ACH origination, ATM banking and deposit automation, bank by mail, bill payment, cash management services, collection services, controlled disbursement accounts, foreign currency sales and purchases, healthcare remittance automation, debit cards, lock box services, merchant credit card services, and mobile capture services, as well as mutual funds, annuities, and life insurance. In addition, the company provides night depository services, payroll services, personal money orders, remote deposit, safe deposit boxes, securities transactions, signature guarantee services, travelers checks, investment management and trust services, domestic and international wire transfers, and withholding tax depository services, as well as drive-through, mobile, online, and telephone banking services. It operates through a network of 51 branches, including 6 full-service branches in Queens, 3 in Brooklyn, and 2 commercial banking offices in Manhattan. The First of Long Island Corporation was founded in 1927 and is headquartered in Glen Head, New York.
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First of Long Island logo

Beat the Market (BTM) Rank™

Analyst Opinion: 3.5Community Rank: 1.9Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

2.53 out of 5 stars


Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:FLIC
Previous Symbol
CUSIP32073410
CIK740663
Webwww.fnbli.com
Phone516-671-4900

Debt

Debt-to-Equity Ratio1.13
Current Ratio0.97
Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio8.78
Forward P/E Ratio8.23
P/E GrowthN/A

Sales & Book Value

Annual Sales$154.46 million
Price / Sales2.24
Cash Flow$1.72 per share
Price / Cash Flow8.41
Book Value$14.08 per share
Price / Book1.03

Profitability

EPS (Most Recent Fiscal Year)$1.75
Net Income$41.56 million
Net Margins26.49%
Return on Equity10.85%
Return on Assets1.01%

Miscellaneous

Employees344
Outstanding Shares23,863,000
Market Cap$345.54 million
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$14.48
+0.26 (+1.83 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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First of Long Island (NASDAQ:FLIC) Frequently Asked Questions

How has First of Long Island's stock been impacted by COVID-19 (Coronavirus)?

First of Long Island's stock was trading at $16.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FLIC shares have decreased by 13.6% and is now trading at $14.48.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of First of Long Island?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First of Long Island in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for First of Long Island.

When is First of Long Island's next earnings date?

First of Long Island is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for First of Long Island.

How were First of Long Island's earnings last quarter?

First of Long Island Corp (NASDAQ:FLIC) announced its earnings results on Thursday, July, 30th. The bank reported $0.45 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.12. The bank had revenue of $28.68 million for the quarter, compared to analysts' expectations of $27.95 million. First of Long Island had a net margin of 26.49% and a return on equity of 10.85%.
View First of Long Island's earnings history.

How often does First of Long Island pay dividends? What is the dividend yield for First of Long Island?

First of Long Island announced a quarterly dividend on Thursday, June 25th. Investors of record on Thursday, July 9th will be given a dividend of $0.18 per share on Monday, July 20th. This represents a $0.72 dividend on an annualized basis and a yield of 4.97%. The ex-dividend date of this dividend is Wednesday, July 8th.
View First of Long Island's dividend history.

When did First of Long Island's stock split? How did First of Long Island's stock split work?

First of Long Island's stock split on the morning of 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 market closes on Monday, November 28th 2016. An investor that had 100 shares of First of Long Island stock prior to the split would have 150 shares after the split.

What price target have analysts set for FLIC?

1 Wall Street analysts have issued 1-year price objectives for First of Long Island's stock. Their forecasts range from $19.00 to $19.00. On average, they expect First of Long Island's stock price to reach $19.00 in the next year. This suggests a possible upside of 31.2% from the stock's current price.
View analysts' price targets for First of Long Island.

Has First of Long Island been receiving favorable news coverage?

News stories about FLIC stock have trended somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. First of Long Island earned a daily sentiment score of 1.4 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
View the latest news about First of Long Island.

Who are some of First of Long Island's key competitors?

Some companies that are related to First of Long Island include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), Signature Bank (SBNY), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR).
View all competitors.

What other stocks do shareholders of First of Long Island own?

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), IBM (IBM), Southern (SO), Verizon Communications (VZ), AbbVie (ABBV), Chevron (CVX), Enbridge (ENB) and Altria Group (MO).

Who are First of Long Island's key executives?

First of Long Island's management team includes the following people:
  • Mr. Michael N. Vittorio, Pres, CEO & Director (Age 66)
  • Mr. Mark D. Curtis, Sr. EVP, CFO & Treasurer (Age 64)
  • Mr. Paul J. Daley, Exec. VP (Age 59)
  • Mr. Christopher J. Hilton MA (Cantab), FCIArb, DL, Exec. VP & Commercial Banking Division - Exec. (Age 42)
  • Mr. Christopher D. Becker, Exec. VP, Chief Risk Officer & Corp. Sec. (Age 53)

What is First of Long Island's stock symbol?

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

Who are First of Long Island's major shareholders?

First of Long Island's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.41%), ProShare Advisors LLC (1.88%), Goldman Sachs Group Inc. (1.69%), FMR LLC (1.51%), FMR LLC (1.50%) and Diamond Hill Capital Management Inc. (1.23%). Company insiders that own First of Long Island stock include Alexander L Cover, Denise Strain, Donald L Manfredonia, Janet T Verneuille, Mark D Curtis, Michael N Vittorio, Milbrey Rennie Taylor and Paul T Canarick.
View institutional ownership trends for First of Long Island.

Which institutional investors are selling First of Long Island stock?

FLIC stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Diamond Hill Capital Management Inc., Comerica Bank, FMR LLC, FMR LLC, UBS Group AG, WINTON GROUP Ltd, and Nelson Van Denburg & Campbell Wealth Management Group LLC. Company insiders that have sold First of Long Island company stock in the last year include Mark D Curtis, Michael N Vittorio, and Milbrey Rennie Taylor.
View insider buying and selling activity for First of Long Island.

Which institutional investors are buying First of Long Island stock?

FLIC stock was purchased by a variety of institutional investors in the last quarter, including ProShare Advisors LLC, Vanguard Group Inc., EJF Capital LLC, Mackay Shields LLC, Goldman Sachs Group Inc., Strs Ohio, Sandy Spring Bank, and Anchor Capital Advisors LLC. Company insiders that have bought First of Long Island stock in the last two years include Alexander L Cover, Denise Strain, Janet T Verneuille, and Paul T Canarick.
View insider buying and selling activity for First of Long Island.

How do I buy shares of First of Long Island?

Shares of FLIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is First of Long Island's stock price today?

One share of FLIC stock can currently be purchased for approximately $14.48.

How big of a company is First of Long Island?

First of Long Island has a market capitalization of $345.54 million and generates $154.46 million in revenue each year. The bank earns $41.56 million in net income (profit) each year or $1.75 on an earnings per share basis. First of Long Island employs 344 workers across the globe.

What is First of Long Island's official website?

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

How can I contact First of Long Island?

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]

This page was last updated on 9/26/2020 by MarketBeat.com Staff
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