Flushing Financial (FFIC) to Release Quarterly Earnings on Tuesday

Flushing Financial (NASDAQ:FFIC) will likely be posting its quarterly earnings results after the market closes on Tuesday, January 28th. Analysts expect Flushing Financial to post earnings of $0.21 per share and revenue of $45,964.50 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Flushing Financial Trading Down 1.0 %

FFIC stock opened at $14.38 on Friday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.94 and a current ratio of 0.94. The company has a market capitalization of $484.03 million, a PE ratio of 16.53 and a beta of 0.81. The company’s 50-day simple moving average is $15.68 and its 200 day simple moving average is $15.05. Flushing Financial has a 52 week low of $10.74 and a 52 week high of $18.59.

Flushing Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 6.12%. The ex-dividend date was Friday, December 6th. Flushing Financial’s dividend payout ratio (DPR) is currently 101.15%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Flushing Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, December 11th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $15.50.

Insider Buying and Selling at Flushing Financial

In related news, CAO Astrid Burrowes sold 8,000 shares of the firm’s stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $16.19, for a total value of $129,520.00. Following the transaction, the chief accounting officer now owns 34,853 shares of the company’s stock, valued at approximately $564,270.07. This trade represents a 18.67 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sam Sang Ki Han sold 10,000 shares of the business’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $15.47, for a total transaction of $154,700.00. Following the transaction, the director now owns 67,251 shares in the company, valued at approximately $1,040,372.97. This trade represents a 12.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 6.31% of the company’s stock.

Flushing Financial Company Profile

Flushing Financial Corporation operates as the bank holding company for Flushing Bank that provides banking products and services primarily to consumers, businesses, and governmental units. It offers various deposit products, including checking and savings accounts, money market accounts, non-interest bearing demand accounts, NOW accounts, and certificates of deposit.