Flushing Financial Corp. (FFIC) Announces Quarterly Results
Flushing Financial Corp. (NASDAQ:FFIC) released its earnings data on Tuesday. The company reported $0.36 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.34 by $0.02, American Banking and Market News reports.
Shares of Flushing Financial Corp. (NASDAQ:FFIC) traded down 1.14% on Tuesday, hitting $19.13. 51,027 shares of the company’s stock traded hands. Flushing Financial Corp. has a 52-week low of $15.02 and a 52-week high of $21.91. The stock’s 50-day moving average is $20.62 and its 200-day moving average is $20.3. The company has a market cap of $558.8 million and a price-to-earnings ratio of 15.41.
A number of analysts have recently weighed in on FFIC shares. Analysts at Zacks downgraded shares of Flushing Financial Corp. from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 1st. They now have a $23.00 price target on the stock. On a related note, analysts at Keefe, Bruyette & Woods raised their price target on shares of Flushing Financial Corp. from $21.00 to $22.00 in a research note on Tuesday, March 18th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $21.40.
Flushing Financial Corporation is a unitary savings and loan holding company. The primary business of the Company is the operation of its wholly owned subsidiary, Flushing Savings Bank, FSB (NASDAQ:FFIC).
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