Alert: Positive Investment/Fundamental Signals (11/15/23)-Flushing Financial Corp (NASDAQ: FFIC)


Flushing Financial Corp (NASDAQ: FFIC) has recently enjoyed notable positive changes in fundamentals: significant quarterly sales acceleration occurred, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

Recent meaningful positive changes in investment behavior have benefitted Flushing Financial Corp (NASDAQ: FFIC): the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

FFIC’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.

Flushing Financial has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Flushing Financial has a good Appreciation Score of 74 but a slightly negative Power Rating of 36, and the Neutral Value Trend Rating results.

Recent Price Action

Flushing Financial Corp (NASDAQ: FFIC) stock closed at $14.16 on 11/15/23 after a modest decline of -0.6%. The stock has risen 5.7% during the last week but has been weak relative to the market over the last nine months.

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