Financial Institutions (NASDAQ:FISI) is set to announce its earnings results on Monday, January 22nd. Analysts expect the company to announce earnings of $0.51 per share for the quarter.

Financial Institutions (NASDAQ:FISI) last released its earnings results on Tuesday, October 24th. The bank reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. The firm had revenue of $37.01 million for the quarter. Financial Institutions had a return on equity of 9.66% and a net margin of 19.46%. On average, analysts expect Financial Institutions to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Financial Institutions (NASDAQ FISI) opened at $32.55 on Monday. The company has a market capitalization of $508.63, a P/E ratio of 16.19 and a beta of 1.24. Financial Institutions has a 52 week low of $25.65 and a 52 week high of $35.40. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.75 and a current ratio of 0.75.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Thursday, December 14th were paid a dividend of $0.22 per share. This is a boost from Financial Institutions’s previous quarterly dividend of $0.21. The ex-dividend date was Wednesday, December 13th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.70%. Financial Institutions’s dividend payout ratio is currently 43.78%.

In other news, Director Robert M. Glaser acquired 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 13th. The shares were bought at an average price of $32.34 per share, with a total value of $32,340.00. Following the completion of the purchase, the director now directly owns 13,451 shares in the company, valued at $435,005.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Joseph L. Dugan acquired 930 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The stock was purchased at an average cost of $32.15 per share, for a total transaction of $29,899.50. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 4,939 shares of company stock worth $158,934. Insiders own 5.49% of the company’s stock.

A number of research analysts have recently commented on FISI shares. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $33.00 target price on shares of Financial Institutions in a research note on Friday, September 22nd. ValuEngine raised Financial Institutions from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Piper Jaffray Companies reaffirmed a “hold” rating and set a $31.50 target price on shares of Financial Institutions in a research note on Wednesday, October 4th. Finally, BidaskClub cut Financial Institutions from a “buy” rating to a “hold” rating in a research note on Tuesday, December 19th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $32.25.

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About Financial Institutions

Financial Institutions, Inc is a financial holding company. The Company conducts its business through its subsidiaries: Five Star Bank (the Bank), a New York chartered bank; Scott Danahy Naylon, LLC (SDN), a full service insurance agency, and Courier Capital, LLC (Courier Capital), an investment advisory and wealth management company.

Earnings History for Financial Institutions (NASDAQ:FISI)

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