Currently, there are 19.47M common shares owned by the public and among those 18.99M shares have been available to trade.
The company’s stock has a 5-day price change of 5.11% and 1.70% over the past three months. FISI shares are trading -1.17% year to date (YTD), with the 12-month market performance up to 26.15% higher. It has a 12-month low price of $16.29 and touched a high of $29.34 over the same period. FISI has an average intraday trading volume of 91.45K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.60%, -0.30%, and 17.63% respectively.
Institutional ownership of Financial Institutions Inc (NASDAQ: FISI) shares accounts for 54.79% of the company’s 19.47M shares outstanding.
It has a market capitalization of $525.23M and a beta (3y monthly) value of 0.93. The stock’s trailing 12-month PE ratio is 8.48, while the earnings-per-share (ttm) stands at $3.18. The company has a debt-to-equity ratio at 0.43. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.52% over the week and 2.98% over the month.
Earnings per share for the fiscal year are expected to increase by 9.63%, and -1.16% over the next financial year.
Looking at the support for the FISI, a number of firms have released research notes about the stock. Piper Sandler stated their Overweight rating for the stock in a research note on December 20, 2024, with the firm’s price target at $33. Piper Sandler coverage for the Financial Institutions Inc (FISI) stock in a research note released on March 25, 2024 offered a Neutral rating with a price target of $19. Stephens was of a view on July 13, 2023 that the stock is Equal-Weight, while Hovde Group gave the stock Market Perform rating on October 31, 2022, issuing a price target of $33- $29. Sidoti on their part issued Buy rating on October 30, 2020.
