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

First of Long Island (NASDAQ:FLIC) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, April 25th. Analysts expect First of Long Island to post earnings of $0.24 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

First of Long Island (NASDAQ:FLIC) last announced its quarterly earnings data on Thursday, January 25th. The bank reported $0.27 EPS for the quarter, hitting analysts’ consensus estimates of $0.27. First of Long Island had a return on equity of 7.13% and a net margin of 16.22%. The business had revenue of $22.36 million during the quarter, compared to analysts’ expectations of $23.20 million. 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 1.9 %

NASDAQ:FLIC opened at $10.77 on Wednesday. First of Long Island has a 1 year low of $8.79 and a 1 year high of $14.26. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.24. The stock has a market cap of $241.93 million, a price-to-earnings ratio of 9.21 and a beta of 0.64. The stock has a 50-day moving average price of $10.81 and a two-hundred day moving average price of $11.54.

First of Long Island Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Wednesday, March 13th were paid a $0.21 dividend. The ex-dividend date was Tuesday, March 12th. This represents a $0.84 dividend on an annualized basis and a yield of 7.80%. First of Long Island’s payout ratio is 71.79%.

Wall Street Analyst Weigh In

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

About First of Long Island

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.