News articles about Fidelity Southern Corporation (NASDAQ:LION) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Fidelity Southern Corporation earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 45.8445542002381 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Fidelity Southern Corporation (NASDAQ LION) traded up 3.20% during mid-day trading on Tuesday, hitting $22.26. The company had a trading volume of 27,635 shares. The company’s 50 day moving average price is $21.54 and its 200-day moving average price is $22.15. Fidelity Southern Corporation has a one year low of $17.36 and a one year high of $24.95. The company has a market cap of $594.45 million, a PE ratio of 12.51 and a beta of 1.32.
Fidelity Southern Corporation (NASDAQ:LION) last announced its earnings results on Thursday, July 20th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.06). The company had revenue of $74.60 million for the quarter, compared to analyst estimates of $71.32 million. Fidelity Southern Corporation had a return on equity of 12.87% and a net margin of 14.95%. The firm’s revenue was up 11.7% compared to the same quarter last year. Equities research analysts anticipate that Fidelity Southern Corporation will post $1.45 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Monday, August 14th. Stockholders of record on Tuesday, August 1st were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date was Friday, July 28th. Fidelity Southern Corporation’s dividend payout ratio (DPR) is presently 26.97%.
A number of research analysts have recently weighed in on LION shares. Stephens restated a “hold” rating and issued a $24.00 price target on shares of Fidelity Southern Corporation in a research report on Friday, June 23rd. Keefe, Bruyette & Woods restated a “buy” rating and issued a $25.00 price target on shares of Fidelity Southern Corporation in a research report on Thursday, July 27th. Zacks Investment Research lowered Fidelity Southern Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. BidaskClub raised Fidelity Southern Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th. Finally, ValuEngine lowered Fidelity Southern Corporation from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. Fidelity Southern Corporation presently has a consensus rating of “Hold” and an average price target of $25.13.
In related news, insider H Palmer Proctor, Jr. sold 15,000 shares of the company’s stock in a transaction on Monday, June 19th. The stock was sold at an average price of $23.09, for a total transaction of $346,350.00. Following the transaction, the insider now directly owns 79,037 shares of the company’s stock, valued at $1,824,964.33. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider David Buchanan sold 5,000 shares of the company’s stock in a transaction on Monday, June 26th. The shares were sold at an average price of $22.45, for a total value of $112,250.00. Following the transaction, the insider now directly owns 208,693 shares in the company, valued at $4,685,157.85. The disclosure for this sale can be found here. Insiders have bought 548 shares of company stock worth $12,016 over the last ninety days. 18.77% of the stock is owned by insiders.
About Fidelity Southern Corporation
Fidelity Southern Corporation is a bank holding company. The Company conducts its operations through its subsidiary bank, Fidelity Bank, which is a state chartered bank (the Bank). The Company provides an array of financial products and services for business and retail customers in the metropolitan Atlanta and Jacksonville, Orlando and Sarasota-Bradenton, Florida markets.
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