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 twelve months. 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 twelve-month price targets for First of Long Island's stock. Their FLIC share price forecasts range from $18.00 to $18.00. On average, they predict the company's share price to reach $18.00 in the next twelve months. This suggests a possible upside of 2.4% 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 at the beginning of 2023. Since then, FLIC shares have decreased by 2.4% and is now trading at $17.57.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our FLIC earnings forecast.

The First of Long Island Co. (NASDAQ:FLIC) released its quarterly earnings data on Thursday, October, 28th. The bank reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.03. The bank had revenue of $29.46 million for the quarter, compared to analyst estimates of $29.60 million. First of Long Island had a trailing twelve-month return on equity of 12.51% and a net margin of 32.01%.

First of Long Island declared a quarterly dividend on Friday, December 16th. Shareholders of record on Tuesday, January 3rd will be paid a dividend of $0.21 per share on Thursday, January 12th. This represents a $0.84 annualized dividend and a yield of 4.78%. The ex-dividend date is Friday, December 30th.
Read our dividend analysis for FLIC.

First of Long Island (NASDAQ:FLIC) pays an annual dividend of $0.84 per share and currently has a dividend yield of 4.84%. 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 40.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FLIC will have a dividend payout ratio of 43.75% 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 shares 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 payable 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 a number of retail and institutional investors. Top institutional investors include Cox Capital Mgt LLC (0.49%), Wedge Capital Management L L P NC (0.40%), Thrivent Financial for Lutherans (0.15%), Strs Ohio (0.14%), Comerica Bank (0.13%) and DekaBank Deutsche Girozentrale (0.10%). Insiders that own company stock include Alexander L Cover, Janet T Verneuille, Jay Young, Michael N Vittorio, Milbrey Rennie Taylor, Paul T Canarick 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 $17.57.

First of Long Island (NASDAQ:FLIC) has a market capitalization of $398.12 million and generates $128.13 million in revenue each year. The bank earns $46.93 million in net income (profit) each year or $2.05 on an earnings per share basis.

The company employs 318 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.