News articles about First of Long Island (NASDAQ:FLIC) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First of Long Island earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 46.4913930629808 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Several equities research analysts recently commented on FLIC shares. ValuEngine lowered First of Long Island from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Zacks Investment Research lowered First of Long Island from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Sandler O’Neill set a $33.00 target price on First of Long Island and gave the company a “buy” rating in a research report on Wednesday, January 3rd. BidaskClub lowered First of Long Island from a “hold” rating to a “sell” rating in a research report on Friday, January 5th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $31.00 target price on shares of First of Long Island in a research report on Tuesday, February 27th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $31.67.

How to Become a New Pot Stock Millionaire

Shares of First of Long Island stock opened at $27.75 on Tuesday. First of Long Island has a one year low of $25.60 and a one year high of $33.50. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a market cap of $683.00, a P/E ratio of 18.61 and a beta of 0.71.

First of Long Island (NASDAQ:FLIC) last announced its earnings results on Tuesday, January 30th. The bank reported $0.35 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.03). First of Long Island had a net margin of 28.02% and a return on equity of 10.82%. The business had revenue of $24.59 million for the quarter, compared to the consensus estimate of $27.66 million. equities research analysts expect that First of Long Island will post 1.8 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 4th. Investors of record on Friday, March 16th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, March 15th. This represents a $0.60 annualized dividend and a dividend yield of 2.16%. First of Long Island’s payout ratio is 40.54%.

In related news, insider Michael N. Vittorio sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $27.53, for a total transaction of $82,590.00. Following the transaction, the insider now directly owns 106,135 shares of the company’s stock, valued at approximately $2,921,896.55. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Donald L. Manfredonia sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 7th. The stock was sold at an average price of $29.00, for a total value of $58,000.00. Following the transaction, the insider now directly owns 113,762 shares in the company, valued at $3,299,098. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 9,036 shares of company stock worth $253,608. 4.64% of the stock is owned by company insiders.

TRADEMARK VIOLATION WARNING: This piece of content was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2018/04/17/first-of-long-island-flic-given-news-impact-rating-of-0-06.html.

First of Long Island Company Profile

The First of Long Island Corporation operates as the holding company for The First National Bank of Long Island that provides financial services to privately owned businesses, professionals, consumers, public bodies, and other organizations. Its deposit products include business and small business checking, personal checking products, savings accounts, negotiable order of withdrawal accounts and IOLA, escrow service accounts, rent security accounts, time deposits, holiday club accounts, and individual retirement accounts, as well as personal and non-personal money market and savings products.

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

Receive News & Ratings for First of Long Island Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First of Long Island and related companies with MarketBeat.com's FREE daily email newsletter.