StockNews.com initiated coverage on shares of First of Long Island (NASDAQ:FLIC – Get Rating) in a report issued on Thursday. The firm issued a hold rating on the bank’s stock.
First of Long Island Trading Down 3.0 %
NASDAQ:FLIC traded down $0.45 during mid-day trading on Thursday, hitting $14.38. 253,268 shares of the stock traded hands, compared to its average volume of 114,059. The stock has a market capitalization of $323.69 million, a price-to-earnings ratio of 7.01 and a beta of 0.55. First of Long Island has a 52 week low of $13.84 and a 52 week high of $20.85. The firm’s 50 day moving average is $17.29 and its two-hundred day moving average is $17.85. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.13.
First of Long Island Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, March 24th. Investors of record on Thursday, March 16th will be issued a dividend of $0.21 per share. The ex-dividend date is Wednesday, March 15th. This represents a $0.84 annualized dividend and a yield of 5.84%. First of Long Island’s payout ratio is 40.98%.
Hedge Funds Weigh In On First of Long Island
About First of Long Island
The First of Long Island Corp. is a holding company, through which its subsidiaries, engages in the provision of financial services. It offers personal banking, business banking and lending services to individual, professional, corporate, institutional, and government customers. The company was founded on February 7, 1984 and is headquartered in Glen Head, NY.
- Get a free copy of the StockNews.com research report on First of Long Island (FLIC)
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