Media stories about The First of Long Island Corporation (NASDAQ:FLIC) have been trending somewhat positive recently, according to Accern. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. The First of Long Island Corporation earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 46.011561219721 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of The First of Long Island Corporation (NASDAQ FLIC) traded up 0.57% during trading on Wednesday, reaching $26.60. The company’s stock had a trading volume of 976 shares. The First of Long Island Corporation has a 12-month low of $25.08 and a 12-month high of $40.40. The stock’s 50-day moving average is $27.46 and its 200-day moving average is $27.43. The stock has a market cap of $648.56 million, a P/E ratio of 18.97 and a beta of 0.79.

The First of Long Island Corporation (NASDAQ:FLIC) last released its quarterly earnings results on Friday, July 28th. The bank reported $0.37 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.02. The First of Long Island Corporation had a return on equity of 10.68% and a net margin of 28.29%. The business had revenue of $26.14 million for the quarter, compared to the consensus estimate of $25.86 million. Equities research analysts anticipate that The First of Long Island Corporation will post $1.51 earnings per share for the current fiscal year.

FLIC has been the subject of several research analyst reports. Zacks Investment Research upgraded The First of Long Island Corporation from a “strong sell” rating to a “hold” rating in a research note on Monday, July 3rd. BidaskClub upgraded The First of Long Island Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, ValuEngine upgraded The First of Long Island Corporation from a “hold” rating to a “buy” rating in a research note on Friday, September 1st.

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In related news, insider Donald L. Manfredonia sold 1,000 shares of the firm’s stock in a transaction dated Thursday, June 8th. The stock was sold at an average price of $27.93, for a total value of $27,930.00. Following the sale, the insider now directly owns 100,231 shares of the company’s stock, valued at $2,799,451.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Donald L. Manfredonia sold 2,000 shares of the firm’s stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $28.71, for a total value of $57,420.00. Following the completion of the sale, the insider now directly owns 99,731 shares in the company, valued at $2,863,277.01. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,000 shares of company stock worth $195,680. Company insiders own 4.83% of the company’s stock.

The First of Long Island Corporation Company Profile

The First of Long Island Corporation is a one-bank holding company. The Company provides financial services through its subsidiary, The First National Bank of Long Island (the Bank). Its services include account reconciliation services, bank by mail, personal money orders, bill payment, remote deposit, cash management services, safe deposit boxes, collection services securities transactions, controlled disbursement accounts, signature guarantee services, drive-through banking, merchant credit card services, and investment management and trust services.

Insider Buying and Selling by Quarter for The First of Long Island Corporation (NASDAQ:FLIC)

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