For its first fiscal quarter (ending March 31), Flushing Financial Corp (NASDAQ: FFIC) has reported E.P.S. of $0.12 compared to $0.13 a year ago. For the latest four quarters through March 31, E.P.S. were $0.94 versus $2.04 for the same period a year ago.
Recent Price Action
Flushing Financial Corp (NASDAQ: FFIC) stock declined by -4.8% on 4/24/24. The shares closed at $11.68. NORMAL trading volume accompanied the decline. The stock has been weak relative to the market over the last nine months but has risen 4.7% during the last week.
Current PriceTarget Research Rating
FFIC is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Flushing Financial has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Flushing Financial has a good Appreciation Score of 83 but a slightly negative Power Rating of 37, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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