Alert: Major Price Advance (11/6/24)-Flushing Financial Corp (NASDAQ: FFIC).

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Flushing Financial Corp (NASDAQ: FFIC) stock closed at $18.04 on 11/6/24 after a major increase of 16.7%. Moreover, exceptionally high trading volume at 266% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 11.5% during the last week.

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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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Flushing Financial has a good Appreciation Score of 74 and a very high Power Rating of 86, and the Highest Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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