Press coverage about Flushing Financial Corporation (NASDAQ:FFIC) has been trending somewhat positive on Monday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Flushing Financial Corporation earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned headlines about the bank an impact score of 46.6268821017077 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Several equities research analysts have recently weighed in on the company. Zacks Investment Research cut Flushing Financial Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 15th. Piper Jaffray Companies reiterated a “hold” rating and set a $28.00 price target on shares of Flushing Financial Corporation in a research report on Friday, July 14th. BidaskClub upgraded Flushing Financial Corporation from a “strong sell” rating to a “sell” rating in a research report on Friday, August 4th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $30.00 price target on shares of Flushing Financial Corporation in a research report on Sunday, October 8th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $30.33.
Shares of Flushing Financial Corporation (FFIC) traded down 2.91% on Monday, hitting $30.34. The stock had a trading volume of 9,507 shares. Flushing Financial Corporation has a 52 week low of $20.97 and a 52 week high of $31.96. The firm has a 50-day moving average price of $29.60 and a 200-day moving average price of $28.48. The stock has a market capitalization of $883.96 million, a P/E ratio of 17.66 and a beta of 1.11.
In other Flushing Financial Corporation news, Director Donna M. Obrien sold 3,000 shares of Flushing Financial Corporation stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $27.33, for a total value of $81,990.00. Following the sale, the director now owns 50,925 shares of the company’s stock, valued at approximately $1,391,780.25. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 4.86% of the stock is currently owned by company insiders.
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Flushing Financial Corporation Company Profile
Flushing Financial Corporation is the bank holding company for Flushing Bank (the Bank). The Company is a community-oriented financial institution offering a range of financial services. The Bank’s subsidiaries include Flushing Preferred Funding Corporation, Flushing Service Corporation and FSB Properties Inc The Company also owns Flushing Financial Capital Trust II, Flushing Financial Capital Trust III and Flushing Financial Capital Trust IV (the Trusts).
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