Fulton Financial (FULT) Expected to Announce Earnings on Tuesday

Fulton Financial (NASDAQ:FULT - Get Free Report) is projected to release its Q2 2025 earnings data after the market closes on Tuesday, July 15th. Analysts expect Fulton Financial to post earnings of $0.44 per share and revenue of $320.47 million for the quarter.

Fulton Financial (NASDAQ:FULT - Get Free Report) last announced its quarterly earnings results on Tuesday, April 15th. The bank reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.08. Fulton Financial had a return on equity of 12.19% and a net margin of 16.59%. The business had revenue of $322.64 million during the quarter, compared to the consensus estimate of $315.07 million. During the same quarter in the prior year, the company posted $0.40 earnings per share. On average, analysts expect Fulton Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Fulton Financial Price Performance

FULT opened at $18.94 on Tuesday. Fulton Financial has a 1 year low of $14.33 and a 1 year high of $22.49. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.92 and a quick ratio of 0.92. The company has a market capitalization of $3.44 billion, a price-to-earnings ratio of 11.14 and a beta of 0.77. The firm's fifty day moving average price is $17.63 and its two-hundred day moving average price is $18.33.

Fulton Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date is Tuesday, July 1st. Fulton Financial's payout ratio is 42.35%.

Hedge Funds Weigh In On Fulton Financial

Large investors have recently made changes to their positions in the company. Strs Ohio bought a new stake in shares of Fulton Financial in the 1st quarter valued at about $152,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Fulton Financial by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 108,096 shares of the bank's stock valued at $1,955,000 after acquiring an additional 4,727 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of Fulton Financial by 4.9% in the 1st quarter. Royal Bank of Canada now owns 220,706 shares of the bank's stock valued at $3,992,000 after purchasing an additional 10,242 shares during the period. Jane Street Group LLC raised its position in Fulton Financial by 914.9% during the first quarter. Jane Street Group LLC now owns 308,243 shares of the bank's stock worth $5,576,000 after acquiring an additional 277,871 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Fulton Financial by 5.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 448,832 shares of the bank's stock valued at $8,119,000 after buying an additional 21,596 shares during the last quarter. 72.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on FULT shares. DA Davidson restated a "neutral" rating and set a $20.00 price target on shares of Fulton Financial in a research note on Wednesday, April 16th. Keefe, Bruyette & Woods reduced their price target on shares of Fulton Financial from $24.00 to $21.00 and set a "market perform" rating for the company in a research report on Thursday, April 17th. Finally, Piper Sandler lowered their price target on shares of Fulton Financial from $22.00 to $20.00 and set a "neutral" rating for the company in a research note on Thursday, April 17th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, Fulton Financial presently has a consensus rating of "Hold" and an average target price of $20.88.

About Fulton Financial

Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts.

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