Flushing Financial Corp. SVP Sells $24,238 in Stock (FFIC)
Flushing Financial Corp. (NASDAQ:FFIC) SVP W Jeffrey Weichsel unloaded 1,250 shares of the stock on the open market in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $19.39, for a total transaction of $24,237.50. Following the sale, the senior vice president now directly owns 19,437 shares of the company’s stock, valued at approximately $376,883. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Flushing Financial Corp. (NASDAQ:FFIC) traded down 0.05% during mid-day trading on Thursday, hitting $19.16. The stock had a trading volume of 56,741 shares. Flushing Financial Corp. has a one year low of $17.52 and a one year high of $21.91. The stock has a 50-day moving average of $19.07 and a 200-day moving average of $19.99. The company has a market cap of $575.9 million and a price-to-earnings ratio of 13.22.
Flushing Financial Corp. (NASDAQ:FFIC) last released its earnings data on Tuesday, July 29th. The company reported $0.40 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.38 by $0.02. During the same quarter in the prior year, the company posted $0.33 earnings per share. Analysts expect that Flushing Financial Corp. will post $1.52 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, September 26th. Investors of record on Friday, September 5th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend is Wednesday, September 3rd.
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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