First of Long Island - FLIC Stock Forecast, Price & News

1 Wall Street equities 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 equities 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 analysts have issued 12-month price objectives for First of Long Island's stock. Their FLIC share price forecasts range from $18.00 to $18.00. On average, they expect the company's stock price to reach $18.00 in the next year. This suggests a possible upside of 32.7% 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 the year. Since then, FLIC stock has decreased by 24.7% and is now trading at $13.56.
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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 earnings results on Thursday, October, 28th. The bank reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.03. The bank earned $29.46 million during the quarter, compared to the consensus estimate of $29.60 million. First of Long Island had a trailing twelve-month return on equity of 12.60% and a net margin of 32.01%.

First of Long Island announced a quarterly dividend on Friday, March 3rd. Stockholders of record on Thursday, March 16th will be given a dividend of $0.21 per share on Friday, March 24th. This represents a $0.84 dividend on an annualized basis and a yield of 6.19%. The ex-dividend date of this dividend is Wednesday, March 15th.
Read our dividend analysis for FLIC.

ETFs with the largest weight of First of Long Island (NASDAQ:FLIC) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), First Trust NASDAQ ABA Community Bank Index Fund (QABA) and Vanguard U.S. Minimum Volatility ETF (VFMV) and

First of Long Island (NASDAQ:FLIC) pays an annual dividend of $0.84 per share and currently has a dividend yield of 6.06%. 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 50.00% 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 on Tuesday, November 29th 2016. The 3-2 split was announced on Thursday, October 27th 2016. The newly minted shares were distributed 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 variety of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (4.65%), Franklin Resources Inc. (4.26%), Renaissance Technologies LLC (2.40%), Geode Capital Management LLC (1.77%), Chilton Investment Co. Inc. (0.72%) and AQR Capital Management LLC (0.71%). Insiders that own company stock include Jay Young, Milbrey Rennie Taylor 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 $13.56.

First of Long Island (NASDAQ:FLIC) has a market capitalization of $305.24 million and generates $146.63 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.