Eye Catching Stock: Financial Institutions (NASDAQ:FISI)
Financial Institutions (NASDAQ:FISI) changed 0.78% to recent value of $29.54. The stock transacted 37554 shares during most recent day however it has an average volume of 33.88K shares. It spotted trading -11.42% off 52-week high price. On the other end, the stock has been noted 20.62% away from the low price over the last 52-weeks.
On Aug.21, 2019, Financial Institutions (NASDAQ:FISI) disclosed that its Board of Directors has approved a quarterly cash dividend of $0.25 per outstanding common share.The Company also announced dividends of $0.75 per share on its Series A 3% preferred stock and $2.12 per share on its Series B-1 8.48% preferred stock. All dividends are payable October 2, 2019, to shareholders of record on September 13, 2019.
About Financial Institutions
Financial Institutions provides diversified financial services through its subsidiaries Five Star Bank, SDN Insurance Agency, LLC (SDN), Courier Capital, LLC (Courier Capital) and HNP Capital, LLC (HNP Capital). Five Star Bank provides a wide range of consumer and commercial banking and lending services to individuals, municipalities and businesses through a network of more than 50 offices throughout Western and Central New York State. SDN provides a broad range of insurance services to personal and business clients. Courier Capital and HNP Capital provide customized investment management, investment consulting and retirement plan services to individuals, businesses, institutions, foundations and retirement plans. Financial Institutions and its subsidiaries employ approximately 700 individuals. The Company’s stock is listed on the NASDAQ Global Select Market under the symbol FISI.
FISI has a an operating margin of 71.60% while its profit margin remained 24.00% for the last 12 months. Its earnings per share (EPS) expected to touch remained 23.40% for this year while earning per share for the next 5-years is expected to reach at 8.00%.
The company has 15.55M of outstanding shares and 15.3M shares were floated in the market. The price moved ahead of 0.58% from the mean of 20 days, 3.63% from mean of 50 days SMA and performed 5.02% from mean of 200 days price. Company’s performance for the week was 2.53%, 5.54% for month and YTD performance remained 14.94%.
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