Financial Institutions (NASDAQ:FISI) Earns Media Impact Score of 0.08
Headlines about Financial Institutions (NASDAQ:FISI) have been trending somewhat positive this week, Accern reports. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Financial Institutions earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave news stories about the bank an impact score of 46.5548347309319 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Financial Institutions (FISI) traded down 2.37% on Friday, reaching $26.75. The company’s stock had a trading volume of 42,704 shares. The company has a market capitalization of $401.20 million, a price-to-earnings ratio of 13.06 and a beta of 1.19. The firm has a 50-day moving average of $29.44 and a 200 day moving average of $31.82. Financial Institutions has a 12-month low of $25.98 and a 12-month high of $35.40.
Financial Institutions (NASDAQ:FISI) last announced its quarterly earnings results on Tuesday, July 25th. The bank reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.48 by $0.08. The company had revenue of $36.76 million for the quarter. Financial Institutions had a net margin of 20.08% and a return on equity of 10.03%. On average, equities research analysts anticipate that Financial Institutions will post $1.96 EPS for the current fiscal year.
FISI has been the subject of several recent analyst reports. Keefe, Bruyette & Woods restated a “hold” rating and issued a $33.00 price target on shares of Financial Institutions in a research note on Wednesday, April 26th. ValuEngine upgraded Financial Institutions from a “hold” rating to a “buy” rating in a research note on Tuesday, June 20th. Finally, Piper Jaffray Companies restated a “hold” rating and issued a $31.50 price target on shares of Financial Institutions in a research note on Thursday, August 3rd.
Financial Institutions Company Profile
Financial Institutions, Inc is a financial holding company. The Company conducts its business through its subsidiaries: Five Star Bank (the Bank), a New York chartered bank; Scott Danahy Naylon, LLC (SDN), a full service insurance agency, and Courier Capital, LLC (Courier Capital), an investment advisory and wealth management company.
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