Flushing Financial (NASDAQ: FFIC) is one of 310 public companies in the “Banks” industry, but how does it compare to its competitors? We will compare Flushing Financial to similar businesses based on the strength of its valuation, risk, analyst recommendations, dividends, profitability, earnings and institutional ownership.
This table compares Flushing Financial and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Flushing Financial Competitors||18.62%||8.21%||0.93%|
77.4% of Flushing Financial shares are owned by institutional investors. Comparatively, 52.0% of shares of all “Banks” companies are owned by institutional investors. 4.9% of Flushing Financial shares are owned by insiders. Comparatively, 10.4% of shares of all “Banks” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Flushing Financial pays an annual dividend of $0.72 per share and has a dividend yield of 2.5%. Flushing Financial pays out 42.1% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 1.9% and pay out 35.0% of their earnings in the form of a dividend.
Risk and Volatility
Flushing Financial has a beta of 1.07, meaning that its share price is 7% more volatile than the S&P 500. Comparatively, Flushing Financial’s competitors have a beta of 0.79, meaning that their average share price is 21% less volatile than the S&P 500.
This is a breakdown of current ratings and price targets for Flushing Financial and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Flushing Financial Competitors||2265||8674||8611||359||2.35|
Flushing Financial presently has a consensus price target of $29.67, indicating a potential upside of 2.90%. As a group, “Banks” companies have a potential downside of 10.00%. Given Flushing Financial’s higher probable upside, research analysts clearly believe Flushing Financial is more favorable than its competitors.
Earnings and Valuation
This table compares Flushing Financial and its competitors gross revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Flushing Financial||$278.53 million||$64.91 million||16.86|
|Flushing Financial Competitors||$5.50 billion||$827.87 million||376.63|
Flushing Financial’s competitors have higher revenue and earnings than Flushing Financial. Flushing Financial is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Flushing Financial competitors beat Flushing Financial on 9 of the 15 factors compared.
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). As of December 31, 2016, the Bank operated 19 full-service offices, which were located in the New York City Boroughs of Queens, Brooklyn, and Manhattan, and in Nassau County, New York. The Company also operates an Internet branch, iGObanking.com. The Bank has a business banking unit, which focuses on the development of a full complement of commercial business deposit, loan and cash management products.
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