Flushing Financial (FFIC) to Release Earnings on Tuesday

Flushing Financial (NASDAQ:FFIC - Get Free Report) is expected to be releasing its earnings data 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. Parties interested in registering for the company's conference call can do so using this link.

Flushing Financial Stock Down 1.3 %

FFIC opened at $14.76 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.27. Flushing Financial has a 1-year low of $10.74 and a 1-year high of $18.59. The business has a 50 day moving average of $15.93 and a 200-day moving average of $15.02. The stock has a market capitalization of $496.82 million, a price-to-earnings ratio of 16.97 and a beta of 0.81.

Flushing Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 5.96%. The ex-dividend date of this dividend was Friday, December 6th. Flushing Financial's dividend payout ratio is currently 101.15%.

Analyst Upgrades and Downgrades

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

Insider Activity

In related news, Director Sam Sang Ki Han sold 10,000 shares of Flushing Financial stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $15.47, for a total transaction of $154,700.00. Following the completion of the transaction, the director now directly owns 67,251 shares of the company's stock, valued at $1,040,372.97. This trade represents a 12.94 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Astrid Burrowes sold 8,000 shares of the business's stock in a transaction dated 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 owns 34,853 shares in the company, valued at approximately $564,270.07. This trade represents a 18.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 6.31% of the stock is owned by company insiders.

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, non-interest bearing demand accounts, NOW accounts, and certificates of deposit.