Flushing Financial (NASDAQ:FFIC) is set to announce its earnings results after the market closes on Tuesday, July 23rd. Analysts expect the company to announce earnings of $0.45 per share for the quarter.
Flushing Financial (NASDAQ:FFIC) last released its quarterly earnings data on Tuesday, April 30th. The bank reported $0.33 EPS for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.06). The business had revenue of $42.75 million during the quarter, compared to analyst estimates of $43.70 million. Flushing Financial had a net margin of 18.51% and a return on equity of 9.93%. On average, analysts expect Flushing Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
FFIC stock opened at $22.18 on Monday. The firm has a market cap of $625.19 million, a P/E ratio of 11.43, a price-to-earnings-growth ratio of 3.21 and a beta of 0.87. The company has a debt-to-equity ratio of 2.09, a quick ratio of 1.11 and a current ratio of 1.11. Flushing Financial has a 12 month low of $20.27 and a 12 month high of $27.32. The company has a 50-day simple moving average of $21.70.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were issued a $0.21 dividend. The ex-dividend date was Thursday, June 13th. This represents a $0.84 dividend on an annualized basis and a yield of 3.79%. Flushing Financial’s payout ratio is 43.30%.
A number of analysts have commented on FFIC shares. Gabelli reiterated a “buy” rating on shares of Flushing Financial in a report on Thursday, May 2nd. BidaskClub downgraded shares of Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Wednesday, June 26th. Zacks Investment Research upgraded shares of DLH from a “sell” rating to a “hold” rating in a report on Tuesday, July 9th. Finally, ValuEngine upgraded shares of WEX from a “hold” rating to a “buy” rating in a report on Thursday, June 13th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $27.17.
About Flushing Financial
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, demand accounts, NOW accounts, and certificates of deposit.
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