Analysts Issue Forecasts for FFIC Q1 Earnings

Flushing Financial Co. (NASDAQ:FFIC - Free Report) - Stock analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Flushing Financial in a report released on Tuesday, February 4th. DA Davidson analyst M. Navas anticipates that the bank will earn $0.19 per share for the quarter. The consensus estimate for Flushing Financial's current full-year earnings is $1.20 per share. DA Davidson also issued estimates for Flushing Financial's FY2026 earnings at $1.50 EPS.

Flushing Financial (NASDAQ:FFIC - Get Free Report) last posted its earnings results on Tuesday, January 28th. The bank reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.07). Flushing Financial had a negative net margin of 6.46% and a positive return on equity of 3.25%.

Separately, StockNews.com lowered Flushing Financial from a "hold" rating to a "sell" rating in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $15.50.

Flushing Financial Stock Up 0.5 %

Shares of NASDAQ:FFIC traded up $0.08 on Wednesday, reaching $14.70. The company had a trading volume of 281,604 shares, compared to its average volume of 332,054. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.27. The stock has a market capitalization of $494.80 million, a P/E ratio of -14.55 and a beta of 0.81. The stock has a 50-day moving average price of $14.98 and a 200 day moving average price of $15.02. Flushing Financial has a twelve month low of $10.74 and a twelve month high of $18.59.

Flushing Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 5.99%. The ex-dividend date was Friday, December 6th. Flushing Financial's dividend payout ratio (DPR) is -87.13%.

Institutional Investors Weigh In On Flushing Financial

Several hedge funds and other institutional investors have recently made changes to their positions in FFIC. R Squared Ltd bought a new stake in Flushing Financial during the 4th quarter valued at approximately $28,000. Nisa Investment Advisors LLC boosted its position in shares of Flushing Financial by 4,000.0% in the third quarter. Nisa Investment Advisors LLC now owns 2,050 shares of the bank's stock valued at $30,000 after acquiring an additional 2,000 shares during the period. US Bancorp DE grew its stake in shares of Flushing Financial by 496.0% in the fourth quarter. US Bancorp DE now owns 3,725 shares of the bank's stock worth $53,000 after acquiring an additional 3,100 shares during the last quarter. New York State Common Retirement Fund increased its position in Flushing Financial by 27.8% during the fourth quarter. New York State Common Retirement Fund now owns 6,434 shares of the bank's stock worth $92,000 after acquiring an additional 1,400 shares during the period. Finally, FMR LLC raised its stake in Flushing Financial by 64.1% during the 3rd quarter. FMR LLC now owns 7,259 shares of the bank's stock valued at $106,000 after purchasing an additional 2,836 shares during the last quarter. 67.10% of the stock is owned by institutional investors and hedge funds.

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.