Closing Bell Recap: Flushing Financial Corp (FFIC) Ends at 14.98, Reflecting a -1.83 Downturn

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Flushing Financial Corp (NASDAQ: FFIC) closed the day trading at $14.98 down -1.83% from the previous closing price of $15.26. In other words, the price has decreased by -$1.83 from its previous closing price. On the day, 0.64 million shares were traded. FFIC stock price reached its highest trading level at $15.45 during the session, while it also had its lowest trading level at $14.95.

Ratios:

For a better understanding of FFIC, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.34 whereas as Long-Term Debt/Eq ratio is at 1.33.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on July 30, 2024, Downgraded its rating to Neutral and sets its target price to $16.50 from $15 previously.

On August 31, 2023, Raymond James started tracking the stock assigning a Outperform rating and target price of $17.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 12 ’24 when Azarian Michael A bought 1,180 shares for $15.25 per share. The transaction valued at 17,995 led to the insider holds 33,691 shares of the business.

BURAN JOHN R bought 2,295 shares of FFIC for $34,999 on Dec 12 ’24. The President & CEO now owns 113,372 shares after completing the transaction at $15.25 per share. On Dec 12 ’24, another insider, Cullen Susan, who serves as the SEVP of the company, bought 2,623 shares for $15.25 each. As a result, the insider paid 40,001 and bolstered with 76,030 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FFIC now has a Market Capitalization of 504213312 and an Enterprise Value of 1059370624. As of this moment, Flushing’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.12, and their Forward P/E ratio for the next fiscal year is 12.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.92 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 5.464.

Stock Price History:

Over the past 52 weeks, FFIC has reached a high of $18.59, while it has fallen to a 52-week low of $10.74. The 50-Day Moving Average of the stock is -8.86%, while the 200-Day Moving Average is calculated to be 7.74%.

Shares Statistics:

Over the past 3-months, FFIC traded about 224.61K shares per day on average, while over the past 10 days, FFIC traded about 522080 shares per day. A total of 29.07M shares are outstanding, with a floating share count of 27.62M. Insiders hold about 5.00% of the company’s shares, while institutions hold 64.45% stake in the company. Shares short for FFIC as of 1732838400 were 470404 with a Short Ratio of 2.09, compared to 1730332800 on 553520. Therefore, it implies a Short% of Shares Outstanding of 470404 and a Short% of Float of 1.72.

Dividends & Splits

FFIC’s forward annual dividend rate is 0.88, up from 0.88 a year ago. Against a Trailing Annual Dividend Yield of 0.057667103The stock’s 5-year Average Dividend Yield is 5.3.

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