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 twelve months. 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 March. As of March 31st, there was short interest totaling 151,600 shares, a decline of 33.5% from the March 15th total of 228,100 shares. Based on an average daily volume of 77,300 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.7% of the company's stock are sold short.
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The First of Long Island is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for The First of Long Island.

The First of Long Island Co. (NASDAQ:FLIC) announced its quarterly earnings results on Friday, April, 30th. The bank reported $0.45 EPS for the quarter, meeting the consensus estimate of $0.45. The First of Long Island had a trailing twelve-month return on equity of 10.78% and a net margin of 26.67%.
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 Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FLIC shares have increased by 34.0% and is now trading at $22.45.
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The First of Long Island declared a quarterly dividend on Thursday, February 25th. Stockholders of record on Wednesday, March 10th will be given a dividend of $0.19 per share on Friday, March 19th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.39%. The ex-dividend date of this dividend is Tuesday, March 9th.
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 3.37%. 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 43.43%. 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 46.34% 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'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 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 brokerages have issued twelve-month price targets for The First of Long Island's shares. Their forecasts range from $18.00 to $21.00. On average, they anticipate The First of Long Island's stock price to reach $19.50 in the next twelve months. This suggests that the stock has a possible downside of 13.1%.
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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), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), First Horizon (FHN), Zions Bancorporation, National Association (ZION) and Commerce Bancshares (CBSH).
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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 investors include BlackRock Inc. (8.44%), Geode Capital Management LLC (1.60%), Northern Trust Corp (1.23%), Diamond Hill Capital Management Inc. (1.02%), Wedge Capital Management L L P NC (0.70%) and Cox Capital Mgt LLC (0.42%). Company insiders that own The First of Long Island stock include Alexander L Cover, Janet T Verneuille, 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 Northern Trust Corp, Wedge Capital Management L L P NC, Diamond Hill Capital Management Inc., Alliancebernstein L.P., Comerica Bank, Los Angeles Capital Management LLC, Rhumbline Advisers, and Nelson Van Denburg & Campbell Wealth Management Group LLC. Company insiders that have sold The First of Long Island company stock in the last year include Milbrey Rennie Taylor, and Walter C Teagle III.
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FLIC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., BHZ Capital Management LP, Cox Capital Mgt LLC, Geode Capital Management LLC, IndexIQ Advisors LLC, Cutler Capital Management LLC, Acadian Asset Management LLC, and Alpha Cubed Investments 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 $22.45.

The First of Long Island has a market capitalization of $533.95 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.

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

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]