Flushing Financial (FFIC) Projected to Post Earnings on Tuesday

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

Flushing Financial Stock Down 1.0 %

NASDAQ:FFIC opened at $14.38 on Monday. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.94 and a quick ratio of 0.94. The firm has a market cap of $484.02 million, a PE ratio of 16.53 and a beta of 0.81. The company has a 50-day moving average of $15.68 and a 200 day moving average of $15.07. Flushing Financial has a 1-year low of $10.74 and a 1-year high of $18.59.

Flushing Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were paid a dividend of $0.22 per share. The ex-dividend date was Friday, December 6th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 6.12%. Flushing Financial’s dividend payout ratio is presently 101.15%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Flushing Financial from a “sell” rating to a “hold” rating in a report on Wednesday, December 11th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, Flushing Financial presently has a consensus rating of “Hold” and a consensus price target of $15.50.

Insider Transactions at Flushing Financial

In other news, 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 sale, the director now owns 67,251 shares in the company, valued at approximately $1,040,372.97. The trade was a 12.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Astrid Burrowes sold 8,000 shares of the stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $16.19, for a total transaction of $129,520.00. Following the completion of the transaction, the chief accounting officer now directly owns 34,853 shares of the company’s stock, valued at $564,270.07. The trade was a 18.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 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.