Home » Stocks » Flushing Financial

Flushing Financial Corporation (FFIC)

Stock Price: $11.92 USD -0.26 (-2.13%)
Updated Aug 13, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 336.35M
Revenue (ttm) 169.46M
Net Income (ttm) 40.54M
Shares Out 28.22M
EPS (ttm) 1.41
PE Ratio 8.45
Forward PE 8.00
Dividend $0.84
Dividend Yield 7.05%

Stock Quote

Trading Day Aug 13, 2020
Last Price $11.92
Previous Close $12.18
Change ($) -0.26
Change (%) -2.13%
Day's Open 12.07
Day's Range 11.83 - 12.15
Day's Volume 63,249
52-Week Range 8.86 - 22.97

More Stats

Market Cap 336.35M
Enterprise Value 1.60B
Earnings Date (est) n/a
Ex-Dividend Date Jun 11, 2020
Shares Outstanding 28.22M
Float 27.59M
EPS (basic) 1.4
EPS (diluted) 1.41
FCF / Share 1.98
Dividend $0.84
Dividend Yield 7.05%
Earnings Yield 11.83%
FCF Yield 16.64%
Payout Ratio n/a
Shares Short 416,824
Short Ratio 2.51
Short % of Float 1.29%
Beta 0.79
PE Ratio 8.45
Forward PE 8.00
P/FCF Ratio 6.01
PS Ratio 1.98
PB Ratio 0.55
Revenue 169.46M
Operating Income 52.63M
Net Income 40.54M
Free Cash Flow 55.99M
Net Cash -1.27B
Net Cash / Share -44.88
Gross Margin 99.49%
Operating Margin 31.06%
Profit Margin 23.90%
FCF Margin 33.04%
ROA 0.58%
ROE 7.13%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (3)

Buy 2
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$15.00*
(25.84% upside)
Low
14.0
Current: $11.92
High
16.0
Target: 15.00
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue169177174225171164141139137125
Revenue Growth-4.84%2.05%-22.71%31.28%4.43%15.96%2.01%1.43%9.1%-
Gross Profit169177174225171164141139137125
Operating Income53.3365.4966.1311673.3878.0060.7156.1858.8254.78
Net Income41.2855.0941.1264.9246.2144.2437.7534.3335.3538.84
Shares Outstanding28.1628.0028.8228.6228.8329.6530.1030.9031.1631.24
Earnings Per Share1.441.921.412.241.591.481.261.131.151.28
EPS Growth-25%36.17%-37.05%40.88%7.43%17.46%11.5%-1.74%-10.16%-
Dividend Per Share0.840.800.720.680.640.600.520.520.520.52
Dividend Growth5%11.11%5.88%6.25%6.67%15.38%0%0%0%-
Operating Cash Flow63.7777.3083.5342.4044.7357.3874.4471.1064.7267.19
Capital Expenditures-4.21-5.41-9.4342.639.12-4.33-0.81-1.29-4.56-3.01
Free Cash Flow59.5671.8974.0985.0253.8553.0573.6369.8160.1664.18
Cash & Equivalents49.7911951.5535.8642.3634.2733.4940.4355.7247.79
Total Debt1,2871,2511,3101,2671,2721,0561,012948685709
Net Cash / Debt-1,237-1,132-1,258-1,231-1,229-1,022-979-908-629-661
Assets7,0186,8346,2996,0585,7055,0774,7224,4514,2884,325
Liabilities6,4386,2855,7675,5455,2324,6214,2894,0093,8713,935
Book Value580549533514473456433442417390
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Flushing Financial Corporation
Country United States
Employees 453
CEO John R. Buran

Stock Information

Ticker Symbol FFIC
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: FFIC
IPO Date November 21, 1995

Description

Flushing Financial Corporation operates as the bank holding company for Flushing Bank that provides banking products and services primarily to consumers, businesses, and governmental units. It offers various deposit products, including checking and savings accounts, money market accounts, demand accounts, NOW accounts, and certificates of deposit. The company also provides mortgage loans secured by multi-family residential, commercial real estate, one-to-four family mixed-use property, one-to-four family residential property, and commercial business loans; construction loans; small business administration loans and other small business loans; mortgage loan surrogates, such as mortgage-backed securities; and consumer loans, including overdraft lines of credit, as well as the United States government securities, corporate fixed-income securities, and other marketable securities. In addition, it offers banking services to public municipalities comprising counties, cities, towns, villages, school districts, libraries, fire districts, and various courts. As of December 31, 2019, the company operated 20 full-service offices located in the New York City boroughs of Queens, Brooklyn, and Manhattan; and in Nassau County, New York, as well as an Internet branch. Flushing Financial Corporation was founded in 1929 and is based in Uniondale, New York.