The First of Long Island Corporation (NASDAQ:FLIC) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of FLIC, it is a financially-sound , dividend-paying company with a an impressive track record of performance. Below, I’ve touched on some key aspects you should know on a high level. For those interested in digger a bit deeper into my commentary, take a look at the report on First of Long Island here.
Flawless balance sheet with solid track record and pays a dividend
FLIC delivered a bottom-line expansion of 14.98% in the prior year, with its most recent earnings level surpassing its average level over the last five years. Not only did FLIC outperformed its past performance, its growth also surpassed the Banks industry expansion, which generated a 8.20% earnings growth. This paints a buoyant picture for the company.
For those seeking income streams from their portfolio, FLIC is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 2.36%.
For First of Long Island, I’ve compiled three fundamental factors you should look at:
- Future Outlook: What are well-informed industry analysts predicting for FLIC’s future growth? Take a look at our free research report of analyst consensus for FLIC’s outlook.
- Valuation: What is FLIC worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether FLIC is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of FLIC? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.