FLIC Price Forecast Based on Dividend Discount Model

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding First Of Long Island Corp, the dividend discount model StockNews created for the company implies a positive return of 2.78%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for First Of Long Island Corp are:

• Compared to other US stocks that pay a dividend, FLIC offers a dividend yield in the top 21.95% of stocks in our set.
• If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, First Of Long Island Corp's expected return of 2.78% is higher than 69.16% of its fellow sector mates.
• Out of all stocks in our universe of US-listed dividend-issuing stocks, First Of Long Island Corp bears a discount rate, according to our calculations, lower than 69.16% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
• Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for First Of Long Island Corp than it is for 67.98% of other dividend issuers in the Financial Services sector.

FLIC Dividends vs. Peers