Flushing Financial Corp (NASDAQ: FFIC) is 1.54% higher on its value in year-to-date trading and has touched a low of $10.74 and a high of $18.59 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FFIC stock was last observed hovering at around $14.44 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $14.50, the stock is -2.57% and -10.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.38 million and changing 0.42% at the moment leaves the stock 3.25% off its SMA200. FFIC registered -11.56% loss for a year compared to 6-month gain of 10.18%. The firm has a 50-day simple moving average (SMA 50) of $16.2654 and a 200-day simple moving average (SMA200) of $14.04395.
The stock witnessed a -15.65% loss in the last 1 month and extending the period to 3 months gives it a 3.57%, and is 1.54% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.71% over the week and 3.57% over the month.
Flushing Financial Corp (FFIC) has around 549 employees, a market worth around $488.06M and $473.62M in sales. Current P/E ratio is 16.57 and Fwd P/E is 11.48. Profit margin for the company is 5.49%. Distance from 52-week low is 35.01% and -22.00% from its 52-week high. The company has generated returns on investments over the last 12 months (1.67%).
The EPS is expected to shrink by -5.56% this year
183.0 institutions hold shares in Flushing Financial Corp (FFIC), with institutional investors hold 59.25% of the company’s shares. The shares outstanding are 33.66M, and float is at 31.98M with Short Float at 1.43%. Institutions hold 56.84% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.53 million shares valued at $33.26 million. The investor’s holdings represent 8.5053 of the FFIC Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 1.76 million shares valued at $23.13 million to account for 5.9141 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.49 million shares representing 5.0262 and valued at over $19.66 million, while GAMCO INVESTORS, INC. ET AL holds 4.0436 of the shares totaling 1.2 million with a market value of $15.81 million.
Flushing Financial Corp (FFIC) Insider Activity
The most recent transaction is an insider purchase by Azarian Michael A, the company’s Director. SEC filings show that Azarian Michael A bought 1,180 shares of the company’s common stock on Dec 12 ’24 at a price of $15.25 per share for a total of $17995.0. Following the purchase, the insider now owns 33691.0 shares.
Flushing Financial Corp disclosed in a document filed with the SEC on Dec 12 ’24 that BURAN JOHN R (President & CEO) bought a total of 2,295 shares of the company’s common stock. The trade occurred on Dec 12 ’24 and was made at $15.25 per share for $34999.0. Following the transaction, the insider now directly holds 0.11 million shares of the FFIC stock.
Still, SEC filings show that on Dec 12 ’24, Cullen Susan (SEVP) acquired 2,623 shares at an average price of $15.25 for $40001.0. The insider now directly holds 76,030 shares of Flushing Financial Corp (FFIC).
