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NASDAQ:FISI

Financial Institutions (FISI) Stock Price, News & Analysis

Financial Institutions logo
$24.01
-0.46 (-1.88%)
(As of 10/31/2024 ET)

About Financial Institutions Stock (NASDAQ:FISI)

Key Stats

Today's Range
$24.01
$24.66
50-Day Range
$24.01
$26.84
52-Week Range
$15.56
$27.75
Volume
26,825 shs
Average Volume
50,072 shs
Market Capitalization
$370.88 million
P/E Ratio
7.46
Dividend Yield
5.00%
Price Target
$22.00
Consensus Rating
Hold

Company Overview

Financial Institutions, Inc. operates as a holding company for the Five Star Bank, a chartered bank that provides banking and financial services to individuals, municipalities, and businesses in New York. The company provides checking and savings account programs, including money market accounts, certificates of deposit, sweep investments, and individual retirement and other qualified plan accounts, as well as NOW accounts. Its loan products include term loans and lines of credit; short and medium-term commercial loans for working capital, business expansion, and purchase of equipment; commercial business loans to the agricultural industry; commercial mortgage loans; one-to-four family residential mortgage loans, home improvement loans, closed-end home equity loans, and home equity lines of credit; and consumer loans, such as automobile, secured installment, and personal loans. The company offers personal insurance products, including automobile, homeowners, boat, recreational vehicle, landlord, and umbrella coverage; commercial insurance comprising property, liability, automobile, inland marine, workers compensation, bonds, crop, and umbrella insurance products; and financial services, such as life and disability insurance, medicare supplements, long-term care, annuities, mutual funds, and retirement programs. In addition, it offers customized investment advisory, wealth management, investment consulting, and retirement plan services, as well as operates a real estate investment trust that holds residential mortgages and commercial real estate loans. Financial Institutions, Inc. was founded in 1817 and is headquartered in Warsaw, New York.

Financial Institutions Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
67th Percentile Overall Score

FISI MarketRank™: 

Financial Institutions scored higher than 67% of companies evaluated by MarketBeat, and ranked 465th out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Financial Institutions has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Financial Institutions has received no research coverage in the past 90 days.

  • Read more about Financial Institutions' stock forecast and price target.
  • Earnings Growth

    Earnings for Financial Institutions are expected to decrease by -16.21% in the coming year, from $3.64 to $3.05 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Financial Institutions is 7.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.07.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Financial Institutions is 7.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.63.

  • Price to Book Value per Share Ratio

    Financial Institutions has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Financial Institutions' valuation and earnings.
  • Percentage of Shares Shorted

    0.46% of the float of Financial Institutions has been sold short.
  • Short Interest Ratio / Days to Cover

    Financial Institutions has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Financial Institutions has recently decreased by 9.08%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Financial Institutions is a leading dividend payer. It pays a dividend yield of 4.90%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Financial Institutions has been increasing its dividend for 13 years.

  • Dividend Coverage

    The dividend payout ratio of Financial Institutions is 37.74%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Financial Institutions will have a dividend payout ratio of 39.34% next year. This indicates that Financial Institutions will be able to sustain or increase its dividend.

  • Read more about Financial Institutions' dividend.
  • Percentage of Shares Shorted

    0.46% of the float of Financial Institutions has been sold short.
  • Short Interest Ratio / Days to Cover

    Financial Institutions has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Financial Institutions has recently decreased by 9.08%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Financial Institutions has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Financial Institutions this week, compared to 3 articles on an average week.
  • Search Interest

    Only 1 people have searched for FISI on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Financial Institutions to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Financial Institutions insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.68% of the stock of Financial Institutions is held by insiders.

  • Percentage Held by Institutions

    60.45% of the stock of Financial Institutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Financial Institutions' insider trading history.
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FISI Stock News Headlines

Financial Institutions Reports Q3 Earnings and Strategic Adjustments
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See More Headlines

FISI Stock Analysis - Frequently Asked Questions

Financial Institutions' stock was trading at $21.30 at the beginning of the year. Since then, FISI stock has increased by 12.7% and is now trading at $24.01.
View the best growth stocks for 2024 here
.

Financial Institutions, Inc. (NASDAQ:FISI) posted its quarterly earnings data on Thursday, October, 24th. The bank reported $0.84 EPS for the quarter, beating the consensus estimate of $0.76 by $0.08. The bank earned $50.12 million during the quarter. Financial Institutions had a net margin of 13.95% and a trailing twelve-month return on equity of 12.06%.

Financial Institutions' top institutional investors include PL Capital Advisors LLC (11.47%), Courier Capital LLC (2.27%), Canandaigua National Bank & Trust Co. (1.88%) and Wealth Enhancement Advisory Services LLC (0.10%). Insiders that own company stock include Martin Kearney Birmingham, Samuel M Gullo, Robert N Latella and Samuel J Burruano Jr.
View institutional ownership trends
.

Shares of FISI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Financial Institutions investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

Ex-Dividend for 10/2 Dividend
9/13/2024
Dividend Payable
10/02/2024
Last Earnings
10/24/2024
Today
10/31/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/23/2025

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:FISI
CUSIP
31758540
Employees
624
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$22.00
High Stock Price Target
$25.00
Low Stock Price Target
$19.00
Potential Upside/Downside
-10.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$50.26 million
Pretax Margin
17.33%

Debt

Sales & Book Value

Annual Sales
$221.40 million
Cash Flow
$3.88 per share
Book Value
$28.40 per share

Miscellaneous

Free Float
15,033,000
Market Cap
$378.14 million
Optionable
Optionable
Beta
0.89
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This page (NASDAQ:FISI) was last updated on 10/31/2024 by MarketBeat.com Staff
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