Fulton Financial (FULT) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fulton Financial in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FULT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FULT, but not buy additional shares or sell existing shares.
View FULT analyst ratings or view top-rated stocks.

4 brokers have issued twelve-month price targets for Fulton Financial's stock. Their FULT share price forecasts range from $14.00 to $19.50. On average, they expect the company's share price to reach $15.60 in the next year. This suggests a possible upside of 28.7% from the stock's current price.
View analysts price targets for FULT or view top-rated stocks among Wall Street analysts.

Fulton Financial's stock was trading at $16.83 at the start of the year. Since then, FULT shares have decreased by 28.0% and is now trading at $12.12.
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Fulton Financial saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 7,070,000 shares, a decline of 8.9% from the August 31st total of 7,760,000 shares. Based on an average daily trading volume, of 1,160,000 shares, the days-to-cover ratio is currently 6.1 days. Approximately 4.4% of the company's shares are short sold.
View Fulton Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 17th 2023.
View our FULT earnings forecast.

Fulton Financial Co. (NASDAQ:FULT) released its earnings results on Wednesday, July, 19th. The bank reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.05. The bank had revenue of $375.50 million for the quarter, compared to analysts' expectations of $270.30 million. Fulton Financial had a net margin of 22.57% and a trailing twelve-month return on equity of 13.23%. During the same period in the prior year, the business earned $0.42 EPS.

Fulton Financial announced a quarterly dividend on Tuesday, September 19th. Shareholders of record on Monday, October 2nd will be given a dividend of $0.16 per share on Friday, October 13th. This represents a $0.64 dividend on an annualized basis and a yield of 5.28%. The ex-dividend date of this dividend is Friday, September 29th.
Read our dividend analysis for FULT.

ETFs with the largest weight of Fulton Financial (NASDAQ:FULT) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco S&P SmallCap Financials ETF (PSCF), SPDR S&P Regional Banking ETF (KRE), WBI Power Factor High Dividend ETF (WBIY) and First Trust RBA American Industrial Renaissance ETF (AIRR).

Fulton Financial (NASDAQ:FULT) pays an annual dividend of $0.64 per share and currently has a dividend yield of 5.30%. FULT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FULT will have a dividend payout ratio of 43.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FULT.

17 employees have rated Fulton Financial Chief Executive Officer E Philip Wenger on Glassdoor.com. E Philip Wenger has an approval rating of 100% among the company's employees. This puts E Philip Wenger in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fulton Financial investors own include Penn Virginia Corporation (PVAHQ) (PVAHQ), Verastem (VSTM), Chesapeake Energy (CHKAQ), Second Sight Medical Products (EYES), Clean Energy Fuels (CLNE), BioCryst Pharmaceuticals (BCRX), People's United Financial (PBCT), Pfizer (PFE), Huntington Bancshares (HBAN) and KeyCorp (KEY).

Fulton Financial trades on the NASDAQ under the ticker symbol "FULT."

Shares of FULT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FULT stock can currently be purchased for approximately $12.12.

Fulton Financial (NASDAQ:FULT) has a market capitalization of $1.99 billion and generates $1.09 billion in revenue each year. The bank earns $286.98 million in net income (profit) each year or $1.72 on an earnings per share basis.

The company employs 3,300 workers across the globe.

Fulton Financial's mailing address is ONE PENN SQUARE P. O. BOX 4887, LANCASTER PA, 17604. The official website for the company is www.fult.com. The bank can be reached via phone at (717) 291-2411, via email at jaweber@fult.com, or via fax at 717-291-2695.