Flushing Financial Corp (NASDAQ: FFIC) has reported earnings for its third fiscal quarter (ending September 30) of $0.30 versus $0.26 for the same period a year ago — an increase of 15%. For the latest four quarters through September 30, E.P.S. were $0.87 compared to $1.03 a year ago — a decline of -16%.
Recent Price Action
Flushing Financial Corp (NASDAQ: FFIC) stock closed at $15.08 on 10/24/24 after a modest gain of 0.3%. Moreover, trading volume in this advance was above average at 127% of normal. Relative to the market the stock has been strong over the last nine months but has declined -3.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, FFIC is expected to continue to be a modest Value Builder.
Flushing Financial has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Flushing Financial has a good Power Rating of 73 and a good Appreciation Score of 76, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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