News headlines about The First of Long Island Corporation (NASDAQ:FLIC) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. The First of Long Island Corporation earned a news sentiment score of 0.24 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 46.2808258935058 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news stories that may have impacted Accern’s scoring:

The First of Long Island Corporation (NASDAQ:FLIC) opened at 30.45 on Friday. The stock has a market capitalization of $742.43 million, a P/E ratio of 21.72 and a beta of 0.79. The firm’s 50-day moving average is $27.35 and its 200 day moving average is $27.40. The First of Long Island Corporation has a 12-month low of $25.08 and a 12-month high of $40.40.

The First of Long Island Corporation (NASDAQ:FLIC) last posted 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 firm had revenue of $26.14 million during the quarter, compared to the consensus estimate of $25.86 million. The First of Long Island Corporation had a return on equity of 10.68% and a net margin of 28.29%. Equities research analysts anticipate that The First of Long Island Corporation will post $1.51 earnings per share for the current year.

A number of analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of The First of Long Island Corporation from a “hold” rating to a “buy” rating and set a $34.00 price objective for the company in a research report on Thursday. BidaskClub upgraded shares of The First of Long Island Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th. Finally, ValuEngine upgraded shares of The First of Long Island Corporation from a “hold” rating to a “buy” rating in a research report on Friday, September 1st.

COPYRIGHT VIOLATION NOTICE: “The First of Long Island Corporation (FLIC) Receiving Somewhat Positive Press Coverage, Analysis Shows” was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this story on another domain, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The original version of this story can be read at https://www.thecerbatgem.com/2017/09/30/the-first-of-long-island-corporation-flic-receiving-somewhat-positive-press-coverage-analysis-shows.html.

In related news, insider Michael N. Vittorio sold 3,000 shares of the business’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $26.80, for a total value of $80,400.00. Following the completion of the sale, the insider now directly owns 99,006 shares in the company, valued at approximately $2,653,360.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 4.83% of the company’s stock.

About The First of Long Island Corporation

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)

Receive News & Stock Ratings for The First of Long Island Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The First of Long Island Corporation and related stocks with our FREE daily email newsletter.