Flushing Financial Corporation (NASDAQ:FFIC) Director Sam Sang Ki Han sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $28.93, for a total value of $144,650.00. Following the transaction, the director now directly owns 41,066 shares in the company, valued at approximately $1,188,039.38. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Flushing Financial Corporation (NASDAQ FFIC) opened at $28.26 on Tuesday. The company has a debt-to-equity ratio of 2.23, a quick ratio of 1.15 and a current ratio of 1.15. The firm has a market capitalization of $808.40, a P/E ratio of 17.21, a P/E/G ratio of 1.68 and a beta of 1.06. Flushing Financial Corporation has a 1-year low of $24.27 and a 1-year high of $31.96.

Flushing Financial (NASDAQ:FFIC) last posted its earnings results on Tuesday, October 31st. The bank reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.07). The business had revenue of $44.70 million for the quarter. Flushing Financial had a return on equity of 9.04% and a net margin of 19.50%. analysts anticipate that Flushing Financial Corporation will post 1.67 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 8th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date is Thursday, December 7th. Flushing Financial’s payout ratio is presently 42.11%.

Several research firms have weighed in on FFIC. Zacks Investment Research lowered Flushing Financial from a “buy” rating to a “hold” rating in a research report on Friday, August 25th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $30.00 target price on shares of Flushing Financial in a report on Thursday, August 10th. Sandler O’Neill lowered Flushing Financial from a “buy” rating to a “hold” rating and set a $31.00 target price on the stock. in a report on Thursday, November 30th. They noted that the move was a valuation call. ValuEngine raised Flushing Financial from a “hold” rating to a “buy” rating in a report on Friday. Finally, Piper Jaffray Companies reissued a “hold” rating and set a $28.00 target price on shares of Flushing Financial in a report on Friday, November 10th. 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 stock. The company has a consensus rating of “Hold” and a consensus price target of $30.25.

Hedge funds have recently bought and sold shares of the stock. GSA Capital Partners LLP bought a new stake in Flushing Financial in the 3rd quarter valued at $430,000. Martin & Co. Inc. TN boosted its stake in Flushing Financial by 55.6% in the 3rd quarter. Martin & Co. Inc. TN now owns 59,938 shares of the bank’s stock valued at $1,781,000 after purchasing an additional 21,423 shares during the period. OxFORD Asset Management LLP bought a new stake in Flushing Financial in the 3rd quarter valued at $298,000. Dimensional Fund Advisors LP boosted its stake in Flushing Financial by 1.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,303,474 shares of the bank’s stock valued at $68,460,000 after purchasing an additional 23,273 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its stake in Flushing Financial by 5.8% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 135,543 shares of the bank’s stock valued at $4,029,000 after purchasing an additional 7,382 shares during the period. 77.36% of the stock is currently owned by institutional investors and hedge funds.

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About Flushing Financial

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).

Insider Buying and Selling by Quarter for Flushing Financial (NASDAQ:FFIC)

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