Adversity is less terrifying than hope: First Of Long Island Corp (FLIC)

With 66640.0 shares changed hands, the volume of the stock remained lighter than its average volume of 99180.0 shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $11.59 whereas the lowest price it dropped to was $11.3418. The 52-week range on FLIC shows that it touched its highest point at $15.03 and its lowest point at $9.30 during that stretch. It currently has a 1-year price target of $16.04. With its current market cap of 259.50 million, FLIC has annualized dividend of $0.84 while the current yield stands at 7.30%. Beta for the stock currently stands at 0.74.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FLIC was down-trending over the past week, with a drop of -1.46%, but this was down by -19.00% over a month. Three-month performance dropped to -11.12% while six-month performance rose 12.18%. The stock lost -11.46% in the past year, while it has lost -1.46% so far this year. A look at the trailing 12-month EPS for FLIC yields 0.88 with Next year EPS estimates of 1.31. For the next quarter, that number is 0.24. This implies an EPS growth rate of -30.30% for this year and 42.39% for next year. EPS is expected to grow by 7.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -6.57%.

Float and Shares Shorts:

At present, 22.53 million FLIC shares are outstanding with a float of 21.38 million shares on hand for trading. On 2024-12-13, short shares totaled 0.12 million, which was 52.0 higher than short shares on 1731628800. In addition to Mr. Christopher D. Becker as the firm’s President, CEO & Director, Mr. Christopher J. Hilton DL, FCIArb, MA (Cantab) serves as its Senior Executive Vice President.

Institutional Ownership:

Through their ownership of 0.5518 of FLIC’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With FLIC analysts setting a high price target of 16.04 and a low target of 16.04, the average target price over the next 12 months is 16.04. Based on these targets, FLIC could surge 39.36% to reach the target high and rise by 39.36% to reach the target low. Reaching the average price target will result in a growth of 39.36% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.92 being high and $0.92 being low. For FLIC, this leads to a yearly average estimate of $0.92.