Media headlines about Flushing Financial (NASDAQ:FFIC) have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Flushing Financial earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave news stories about the bank an impact score of 45.966008824021 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Flushing Financial (NASDAQ:FFIC) opened at $27.46 on Wednesday. The stock has a market cap of $781.31, a PE ratio of 16.63, a price-to-earnings-growth ratio of 1.63 and a beta of 1.06. The company has a debt-to-equity ratio of 2.23, a quick ratio of 1.15 and a current ratio of 1.15. Flushing Financial has a one year low of $24.27 and a one year high of $31.96.
Flushing Financial (NASDAQ:FFIC) last posted its earnings results on Tuesday, October 31st. The bank reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.07). The company had revenue of $44.70 million during the quarter. Flushing Financial had a return on equity of 9.04% and a net margin of 19.50%. equities analysts predict that Flushing Financial will post 1.67 EPS for the current fiscal year.
FFIC has been the topic of several research reports. ValuEngine upgraded shares of Flushing Financial from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Sandler O’Neill downgraded shares of Flushing Financial from a “buy” rating to a “hold” rating and set a $31.00 price target on the stock. in a research note on Thursday, November 30th. They noted that the move was a valuation call. Piper Jaffray Companies restated a “hold” rating and issued a $28.00 price target on shares of Flushing Financial in a research note on Friday, November 10th. Zacks Investment Research downgraded shares of Flushing Financial from a “buy” rating to a “hold” rating in a research note on Monday, November 6th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $30.00 price objective on shares of Flushing Financial in a research note on Sunday, October 8th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $30.25.
In related news, Director John E. Sr Roe, Sr. sold 7,429 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $27.06, for a total value of $201,028.74. Following the completion of the transaction, the director now owns 66,434 shares in the company, valued at approximately $1,797,704.04. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Sam Sang Ki Han sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $28.93, for a total transaction of $144,650.00. Following the completion of the transaction, the director now owns 41,066 shares of the company’s stock, valued at approximately $1,188,039.38. The disclosure for this sale can be found here. In the last quarter, insiders sold 19,058 shares of company stock valued at $525,579. 4.86% of the stock is owned by company insiders.
Flushing Financial Company Profile
Flushing Financial Corporation is the bank holding company for Flushing Bank (the Bank). The Company is a community-oriented financial institution offering a range of financial services. The Bank’s subsidiaries include Flushing Preferred Funding Corporation, Flushing Service Corporation and FSB Properties Inc The Company also owns Flushing Financial Capital Trust II, Flushing Financial Capital Trust III and Flushing Financial Capital Trust IV (the Trusts).
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