News stories about Flushing Financial Corporation (NASDAQ:FFIC) have trended somewhat positive recently, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Flushing Financial Corporation earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 47.5766383414049 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- Flushing Financial Corporation (FFIC) Upgraded to “Buy” by Zacks Investment Research (americanbankingnews.com)
- Flushing Financial Corp. – Value Analysis (NASDAQ:FFIC) : November 3, 2017 (finance.yahoo.com)
- Flushing Financial Corp. breached its 50 day moving average in a Bearish Manner : FFIC-US : November 2, 2017 (finance.yahoo.com)
- Edited Transcript of FFIC earnings conference call or presentation 1-Nov-17 1:30pm GMT (finance.yahoo.com)
- FLUSHING FINANCIAL CORP : Results of Operations and Financial Condition (form 8-K) (4-traders.com)
Flushing Financial Corporation (NASDAQ:FFIC) traded down $0.48 during midday trading on Friday, reaching $28.42. 33,421 shares of the company’s stock traded hands, compared to its average volume of 55,020. Flushing Financial Corporation has a 12-month low of $21.79 and a 12-month high of $31.96. The company has a debt-to-equity ratio of 2.67, a quick ratio of 1.20 and a current ratio of 1.20. The stock has a market cap of $819.06, a PE ratio of 17.44, a price-to-earnings-growth ratio of 2.02 and a beta of 1.11.
Flushing Financial Corporation (NASDAQ:FFIC) last posted its quarterly earnings data on Tuesday, October 31st. The bank reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.07). Flushing Financial Corporation had a return on equity of 9.10% and a net margin of 19.50%. The firm had revenue of $44.70 million for the quarter. equities research analysts expect that Flushing Financial Corporation will post 1.72 earnings per share for the current fiscal year.
FFIC has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of Flushing Financial Corporation from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a research note on Monday, August 28th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $30.00 price objective on shares of Flushing Financial Corporation in a research note on Sunday, October 8th. Piper Jaffray Companies restated a “hold” rating and issued a $30.00 price target on shares of Flushing Financial Corporation in a research report on Thursday, August 3rd. Finally, BidaskClub upgraded shares of Flushing Financial Corporation from a “strong sell” rating to a “sell” rating in a research report on Friday, August 4th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $30.67.
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In other Flushing Financial Corporation news, Director Donna M. Obrien sold 3,000 shares of Flushing Financial Corporation stock in a transaction on Friday, September 15th. The shares were sold at an average price of $27.33, for a total transaction of $81,990.00. Following the completion of the sale, the director now owns 50,925 shares of the company’s stock, valued at approximately $1,391,780.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 4.86% of the company’s stock.
About Flushing Financial Corporation
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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