Financial Institutions (FISI) Given Coverage Optimism Rating of 0.22

News coverage about Financial Institutions (NASDAQ:FISI) has trended somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Financial Institutions earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 46.1805331948844 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the headlines that may have effected Accern Sentiment’s scoring:

Shares of Financial Institutions stock traded down $0.15 on Friday, reaching $32.20. 33,995 shares of the stock were exchanged, compared to its average volume of 33,112. Financial Institutions has a 1-year low of $25.65 and a 1-year high of $34.10. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.11. The firm has a market cap of $512.14 million, a price-to-earnings ratio of 16.60 and a beta of 1.15.

Financial Institutions (NASDAQ:FISI) last released its quarterly earnings data on Thursday, April 26th. The bank reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.01). The company had revenue of $38.61 million for the quarter. Financial Institutions had a return on equity of 9.10% and a net margin of 20.41%. equities research analysts anticipate that Financial Institutions will post 2.4 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 2nd. Investors of record on Thursday, June 14th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date of this dividend is Wednesday, June 13th. Financial Institutions’s dividend payout ratio is currently 49.48%.

FISI has been the topic of a number of recent analyst reports. BidaskClub lowered shares of Financial Institutions from a “sell” rating to a “strong sell” rating in a research note on Wednesday, February 28th. ValuEngine upgraded shares of Financial Institutions from a “hold” rating to a “buy” rating in a research note on Wednesday, April 11th. Zacks Investment Research upgraded shares of Financial Institutions from a “hold” rating to a “buy” rating and set a $35.00 price target on the stock in a research note on Wednesday, May 16th. Keefe, Bruyette & Woods lowered shares of Financial Institutions to a “market perform” rating and set a $35.00 price target on the stock. in a research note on Thursday, March 15th. Finally, Hovde Group reiterated a “buy” rating and set a $36.00 price target on shares of Financial Institutions in a research note on Friday, February 2nd. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Financial Institutions currently has an average rating of “Hold” and an average price target of $34.38.

Financial Institutions Company Profile

Financial Institutions, Inc operates as the holding company for Five Star Bank that provides banking and financial services to individuals, municipalities, and businesses. It operates in two segments, Banking and Non-Banking. The company offers checking and savings account programs, including money market accounts, certificates of deposit, and sweep investments, as well as individual retirement and other qualified plan accounts.

Insider Buying and Selling by Quarter for Financial Institutions (NASDAQ:FISI)

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