Flushing Financial Co. (NASDAQ:FFIC) Director Donna M. Obrien sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $27.73, for a total transaction of $166,380.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of Flushing Financial Co. (NASDAQ FFIC) opened at $26.75 on Friday. Flushing Financial Co. has a 52-week low of $24.27 and a 52-week high of $31.69. The company has a debt-to-equity ratio of 2.23, a current ratio of 1.15 and a quick ratio of 1.15. The stock has a market cap of $756.73, a price-to-earnings ratio of 16.97, a P/E/G ratio of 1.46 and a beta of 1.05.
Flushing Financial (NASDAQ:FFIC) last posted its quarterly earnings results on Tuesday, January 30th. The bank reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.09). Flushing Financial had a net margin of 16.79% and a return on equity of 8.59%. The business had revenue of $46.12 million during the quarter. equities analysts forecast that Flushing Financial Co. will post 1.84 earnings per share for the current year.
FFIC has been the subject of several recent analyst reports. Piper Jaffray Companies reaffirmed a “hold” rating and set a $28.00 price objective on shares of Flushing Financial in a research report on Friday, November 10th. Zacks Investment Research downgraded shares of Flushing Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, January 31st. ValuEngine raised shares of Flushing Financial from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. BidaskClub raised shares of Flushing Financial from a “sell” rating to a “hold” rating in a research report on Thursday. Finally, Sandler O’Neill downgraded shares of Flushing Financial from a “buy” rating to a “hold” rating and set a $31.00 price target for the company. in a research report on Thursday, November 30th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. Flushing Financial has an average rating of “Hold” and a consensus price target of $30.25.
ILLEGAL ACTIVITY NOTICE: “Insider Selling: Flushing Financial Co. (FFIC) Director Sells 6,000 Shares of Stock” was published by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international trademark & copyright legislation. The legal version of this story can be accessed at https://sportsperspectives.com/2018/02/10/insider-selling-flushing-financial-co-ffic-director-sells-6000-shares-of-stock.html.
Flushing Financial Company Profile
Flushing Financial Corporation is the bank holding company for Flushing Bank (the Bank). The Company is a community-oriented financial institution offering a range of financial services. The Bank’s subsidiaries include Flushing Preferred Funding Corporation, Flushing Service Corporation and FSB Properties Inc The Company also owns Flushing Financial Capital Trust II, Flushing Financial Capital Trust III and Flushing Financial Capital Trust IV (the Trusts).
Receive News & Ratings for Flushing Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flushing Financial and related companies with MarketBeat.com's FREE daily email newsletter.