First of Long Island (FLIC) Set to Announce Quarterly Earnings on Thursday

First of Long Island (NASDAQ:FLIC) will issue its quarterly earnings data after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of $0.24 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

First of Long Island (NASDAQ:FLIC) last released its quarterly earnings results on Thursday, January 25th. The bank reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. The business had revenue of $22.36 million for the quarter, compared to analyst estimates of $23.20 million. First of Long Island had a net margin of 16.22% and a return on equity of 7.13%. On average, analysts expect First of Long Island to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

First of Long Island Stock Up 1.2 %

FLIC stock opened at $10.57 on Tuesday. The company’s 50 day simple moving average is $10.82 and its 200-day simple moving average is $11.55. The firm has a market capitalization of $237.40 million, a PE ratio of 9.03 and a beta of 0.64. First of Long Island has a 12 month low of $8.79 and a 12 month high of $14.26. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.98 and a quick ratio of 0.98.

First of Long Island Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Wednesday, March 13th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Tuesday, March 12th. This represents a $0.84 dividend on an annualized basis and a yield of 7.95%. First of Long Island’s dividend payout ratio (DPR) is currently 71.79%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of First of Long Island from a “sell” rating to a “hold” rating in a research report on Monday, February 26th.

First of Long Island Company Profile

The First of Long Island Corporation operates as the holding company for The First National Bank of Long Island that provides financial services to small and medium-sized businesses, professionals, consumers, municipalities, and other organizations. The company offers business and small business checking, personal checking, negotiable order of withdrawal, interest on lawyer, escrow service, rent security, personal and nonpersonal money market, savings, time deposit, and individual retirement accounts.