First of Long Island (FLIC) Projected to Post Quarterly Earnings on Wednesday

First of Long Island (NASDAQ:FLIC - Get Free Report) is expected to be releasing its earnings data before the market opens on Wednesday, April 23rd. Analysts expect First of Long Island to post earnings of $0.21 per share and revenue of $21.89 million for the quarter.

First of Long Island (NASDAQ:FLIC - Get Free Report) last posted its earnings results on Thursday, January 30th. The bank reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by ($0.10). First of Long Island had a net margin of 9.52% and a return on equity of 4.74%.

First of Long Island Stock Performance

Shares of NASDAQ FLIC traded up $0.08 during trading on Friday, reaching $10.95. 68,301 shares of the company traded hands, compared to its average volume of 107,333. The stock has a market cap of $247.85 million, a P/E ratio of 14.60 and a beta of 0.69. The firm's fifty day simple moving average is $12.22 and its 200 day simple moving average is $12.74. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.15. First of Long Island has a 12-month low of $9.30 and a 12-month high of $15.03.

First of Long Island Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Monday, March 24th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 7.67%. The ex-dividend date of this dividend was Monday, March 24th. First of Long Island's dividend payout ratio is currently 112.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on FLIC shares. Keefe, Bruyette & Woods raised shares of First of Long Island from a "market perform" rating to an "outperform" rating and raised their price objective for the stock from $16.04 to $16.56 in a research note on Tuesday, April 1st. StockNews.com assumed coverage on shares of First of Long Island in a report on Sunday, April 13th. They issued a "hold" rating for the company.

First of Long Island Company Profile

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.