News stories about Flushing Financial (NASDAQ:FFIC) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Flushing Financial earned a media sentiment score of 0.01 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 46.2221280811021 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Preferred Bank Announces Date Change for 2017 Fourth Quarter and Full Year Earnings Release and Conference Call Nasdaq:PFBC (menafn.com)
- CARIBBEAT: He gives big bucks for his Jamaican alma mater (nydailynews.com)
- A look into the Mets’ signing of Jay Bruce (amazinavenue.com)
- The Mystery of the Exiled Billionaire Whistle-Blower (nytimes.com)
Several research analysts have weighed in on the company. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $30.00 price objective on shares of Flushing Financial in a research report on Sunday, October 8th. Zacks Investment Research raised Flushing Financial from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a research report on Tuesday, September 19th. Sandler O’Neill cut Flushing Financial from a “buy” rating to a “hold” rating and set a $31.00 price objective on the stock. in a research report on Thursday, November 30th. They noted that the move was a valuation call. ValuEngine raised Flushing Financial from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Finally, Piper Jaffray Companies reissued a “hold” rating and issued a $28.00 price objective on shares of Flushing Financial in a research report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. Flushing Financial has a consensus rating of “Hold” and a consensus price target of $30.25.
Flushing Financial (NASDAQ:FFIC) opened at $28.60 on Wednesday. Flushing Financial has a 1 year low of $24.27 and a 1 year high of $31.69. The company has a debt-to-equity ratio of 2.23, a quick ratio of 1.15 and a current ratio of 1.15. The company has a market capitalization of $831.17, a price-to-earnings ratio of 16.73, a PEG ratio of 1.59 and a beta of 1.07.
Flushing Financial (NASDAQ:FFIC) last issued its quarterly 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). Flushing Financial had a net margin of 19.50% and a return on equity of 9.04%. The firm had revenue of $44.70 million for the quarter. sell-side analysts forecast that Flushing Financial will post 1.67 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 8th were given a dividend of $0.18 per share. The ex-dividend date was Thursday, December 7th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.52%. Flushing Financial’s dividend payout ratio is presently 42.11%.
In other news, Director John E. Sr Roe, Sr. sold 3,629 shares of the company’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $26.98, for a total transaction of $97,910.42. Following the transaction, the director now owns 66,434 shares of the company’s stock, valued at approximately $1,792,389.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Sam Sang Ki Han sold 5,000 shares of the company’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $28.93, for a total value of $144,650.00. Following the transaction, the director now directly owns 41,066 shares in the company, valued at approximately $1,188,039.38. The disclosure for this sale can be found here. Insiders have sold a total of 16,058 shares of company stock worth $443,589 in the last ninety days. Insiders own 4.86% of the company’s stock.
ILLEGAL ACTIVITY WARNING: “Somewhat Positive Press Coverage Somewhat Unlikely to Impact Flushing Financial (FFIC) Stock Price” was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece on another website, it was illegally stolen and reposted in violation of US & international copyright & trademark laws. The correct version of this piece can be read at https://ledgergazette.com/2018/01/17/somewhat-positive-press-coverage-somewhat-unlikely-to-impact-flushing-financial-ffic-stock-price.html.
About Flushing Financial
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).
Receive News & Ratings for Flushing Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flushing Financial and related companies with MarketBeat.com's FREE daily email newsletter.