First of Long Island Corp

Company Profile

First of Long Island Corp had its IPO on 1995-08-18 under the ticker symbol FLIC.

The company operates in the Financial Services sector and Banks-Regional industry. First of Long Island Corp has a staff strength of 303 employees.

Stock update

Shares of First of Long Island Corp opened at $10.59 at the start of the last trading session i.e. 2023-06-02.

The stocks traded within a range of $10.59 - $11.2, and closed at $11.17.

This is a +6.48% increase from the previous day's closing price.

A total volume of 156,207 shares were traded at the close of the day’s session.

In the last one week, shares of First of Long Island Corp have increased by +1.09%.

First of Long Island Corp's Key Ratios

First of Long Island Corp has a market cap of $236.61 million, indicating a price to book ratio of 1.1637 and a price to sales ratio of 3.2728.

In the last 12-months First of Long Island Corp’s revenue was $117.95 million with a gross profit of $125.25 million and an EBITDA of $0. The EBITDA ratio measures First of Long Island Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, First of Long Island Corp’s operating margin was 42.5% while its return on assets stood at 0.99% with a return of equity of 10.88%.

In Q1, First of Long Island Corp’s quarterly earnings growth was a negative -44.6% while revenue growth was a negative 23.5%.

First of Long Island Corp’s PE and PEG Ratio

Forward PE

12.7226

Trailing PE

5.7956

PEG

2.89

Its diluted EPS in the last 12-months stands at $1.81 per share while it has a forward price to earnings multiple of 12.7226 and a PEG multiple of 2.89. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into First of Long Island Corp’s profitability.

First of Long Island Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.2728.

First of Long Island Corp stock pays annual dividends of $0.83 per share, indicating a yield of 8.01% and a payout ratio of 45.11%.

Balance sheet and cash flow metrics

Total Assets

$4.19 billion

Total Liabilities

$425000.00

Operating Cash Flow

$73.54 million

Capital Expenditure

$920000

Dividend Payout Ratio

45.11%

First of Long Island Corp ended 2023 with $4.19 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.19 billion while shareholder equity stood at $370.31 million.

First of Long Island Corp ended 2023 with $0 in deferred long-term liabilities, $425000.00 in other current liabilities, 2253000.00 in common stock, $350.35 million in retained earnings and $0 in goodwill. Its cash balance stood at $51.77 million and cash and short-term investments were $-444000.00. The company’s total short-term debt was $0 while long-term debt stood at $382.50 million.

First of Long Island Corp’s total current assets stands at $-444000.00 while long-term investments were $3.88 billion and short-term investments were $654.62 million. Its net receivables were $0 compared to accounts payable of $10.35 million and inventory worth $0.

In 2023, First of Long Island Corp's operating cash flow was $73.54 million while its capital expenditure stood at $920000.

Comparatively, First of Long Island Corp paid $0.45 in dividends in 2023.

Other key metrics

Current Trading Price

$11.17

52-Week High

$19.3753

52-Week Low

$8.79

Analyst Target Price

$12.75

First of Long Island Corp stock is currently trading at $11.17 per share. It touched a 52-week high of $19.3753 and a 52-week low of $19.3753. Analysts tracking the stock have a 12-month average target price of $12.75.

Its 50-day moving average was $11.7 and 200-day moving average was $15.99 The short ratio stood at 1.49 indicating a short percent outstanding of 0%.

Around 632.5% of the company’s stock are held by insiders while 5697.5% are held by institutions.