Press coverage about Fidelity Southern (NASDAQ:LION) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fidelity Southern earned a news impact score of 0.17 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 45.1581897229396 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Fidelity Southern (NASDAQ:LION) opened at $22.93 on Friday. The stock has a market cap of $615.30, a PE ratio of 14.33 and a beta of 1.31. Fidelity Southern has a 52-week low of $20.08 and a 52-week high of $24.95. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.02 and a quick ratio of 0.93.
Fidelity Southern (NASDAQ:LION) last announced its earnings results on Thursday, October 19th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.06). The business had revenue of $67.03 million during the quarter, compared to the consensus estimate of $71.20 million. Fidelity Southern had a net margin of 13.78% and a return on equity of 11.30%. sell-side analysts forecast that Fidelity Southern will post 1.34 EPS for the current year.
Separately, Zacks Investment Research raised shares of Fidelity Southern from a “sell” rating to a “hold” rating in a research report on Tuesday, January 2nd. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $24.50.
In other news, insider David Buchanan sold 4,000 shares of the business’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $20.75, for a total value of $83,000.00. Following the completion of the sale, the insider now owns 254,693 shares of the company’s stock, valued at $5,284,879.75. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman James B. Miller, Jr. sold 17,347 shares of the business’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $21.91, for a total value of $380,072.77. Following the completion of the transaction, the chairman now directly owns 2,876,372 shares of the company’s stock, valued at approximately $63,021,310.52. The disclosure for this sale can be found here. In the last three months, insiders bought 10,546 shares of company stock valued at $19,596 and sold 86,047 shares valued at $1,273,590. Insiders own 18.77% of the company’s stock.
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About Fidelity Southern
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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