First of Long Island (FLIC) Expected to Announce Quarterly Earnings on Thursday

First of Long Island (NASDAQ:FLIC) is projected to post its quarterly earnings results before the market opens on Thursday, January 23rd. Analysts expect First of Long Island to post earnings of $0.24 per share and revenue of $22,110.00 billion for the quarter.

First of Long Island Trading Up 0.8 %

Shares of FLIC stock opened at $11.80 on Tuesday. First of Long Island has a 1-year low of $9.30 and a 1-year high of $15.03. The firm has a market cap of $265.97 million, a PE ratio of 13.41 and a beta of 0.74. The company has a 50-day moving average of $13.02 and a two-hundred day moving average of $12.72. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.98 and a quick ratio of 0.98.

First of Long Island Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Tuesday, December 31st were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 7.12%. First of Long Island’s payout ratio is currently 95.46%.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on First of Long Island in a research note on Wednesday, January 15th. They set a “hold” rating on the stock.

About First of Long Island

The First of Long Island Corporation operates as the holding company for The First National Bank of Long Island that provides financial services to small and medium-sized businesses, professionals, consumers, municipalities, and other organizations. The company offers business and small business checking, personal checking, negotiable order of withdrawal, interest on lawyer, escrow service, rent security, personal and nonpersonal money market, savings, time deposit, and individual retirement accounts.