News articles about Fidelity Southern Corporation (NASDAQ:LION) have trended somewhat positive recently, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fidelity Southern Corporation earned a coverage optimism score of 0.05 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 46.268729847871 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of Fidelity Southern Corporation (NASDAQ LION) opened at $20.61 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.02 and a debt-to-equity ratio of 0.31. Fidelity Southern Corporation has a 12 month low of $20.08 and a 12 month high of $24.95. The firm has a market capitalization of $550.66, a P/E ratio of 12.88 and a beta of 1.34.
Fidelity Southern Corporation (NASDAQ:LION) last posted its earnings results on Thursday, October 19th. The financial services provider reported $0.30 EPS for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.06). The firm had revenue of $67.03 million for the quarter, compared to analysts’ expectations of $71.20 million. Fidelity Southern Corporation had a return on equity of 11.30% and a net margin of 13.78%. research analysts anticipate that Fidelity Southern Corporation will post 1.37 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 14th. Shareholders of record on Wednesday, November 1st will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, October 31st. This represents a $0.48 dividend on an annualized basis and a yield of 2.33%. Fidelity Southern Corporation’s payout ratio is 30.00%.
A number of analysts recently weighed in on the company. Zacks Investment Research downgraded Fidelity Southern Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. BidaskClub upgraded Fidelity Southern Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th. Finally, Keefe, Bruyette & Woods restated a “buy” rating and issued a $25.00 price target on shares of Fidelity Southern Corporation in a research note on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $24.50.
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In other Fidelity Southern Corporation news, Director David R. Bockel sold 5,700 shares of the business’s stock in a transaction on Thursday, September 21st. The stock was sold at an average price of $22.05, for a total transaction of $125,685.00. Following the sale, the director now directly owns 29,847 shares in the company, valued at $658,126.35. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last quarter, insiders have acquired 538 shares of company stock worth $11,986. 18.77% of the stock is owned by company insiders.
Fidelity Southern Corporation Company Profile
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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