About Fulton Financial Corporation (NASDAQ:FULT)
Fulton Financial Corporation is a financial holding company. The Company is the bank holding company of Fulton Bank N.A. (the Bank). As of December 31, 2016, the Company's six subsidiary banks were located primarily in suburban or semi-rural geographic markets throughout a five-state region (Pennsylvania, Delaware, Maryland, New Jersey and Virginia). Each of the Company's subsidiary banks offers a range of consumer and commercial banking products and services in its local market area. Personal banking services include various checking account and savings deposit products, certificates of deposit and individual retirement accounts. The subsidiary banks offer a range of consumer lending products to creditworthy customers in their market areas. Commercial banking services are provided to small and medium sized businesses. It also offers investment management, trust, brokerage, insurance and investment advisory services to consumer and commercial banking customers in its market areas.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Commercial Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:FULT
- CUSIP: 36027110
- Web: www.fult.com
- Market Cap: $3.23855 billion
- Outstanding Shares: 174,940,000
- 50 Day Moving Avg: $18.25
- 200 Day Moving Avg: $18.17
- 52 Week Range: $14.45 - $19.90
Sales & Book Value:
- Trailing P/E Ratio: 18.14
- Foreward P/E Ratio: 15.68
- P/E Growth: -7.61
- Annual Revenue: $713.65 million
- Price / Sales: 4.53
- Book Value: $12.53 per share
- Price / Book: 1.48
- Annual Dividend: $0.44
- Dividend Yield: 2.4%
- Net Margins: 21.15%
- Return on Equity: 8.28%
- Return on Assets: 0.92%
- Debt-to-Equity Ratio: 0.47%
- Current Ratio: 0.98%
- Quick Ratio: 0.97%
- Average Volume: 730,809 shs.
- Beta: 1.17
- Short Ratio: 4.29
Frequently Asked Questions for Fulton Financial Corporation (NASDAQ:FULT)
What is Fulton Financial Corporation's stock symbol?
Fulton Financial Corporation trades on the NASDAQ under the ticker symbol "FULT."
How often does Fulton Financial Corporation pay dividends? What is the dividend yield for Fulton Financial Corporation?
Fulton Financial Corporation announced a quarterly dividend on Wednesday, September 20th. Investors of record on Monday, October 2nd will be given a dividend of $0.11 per share on Friday, October 13th. This represents a $0.44 annualized dividend and a yield of 2.38%. The ex-dividend date of this dividend is Friday, September 29th. View Fulton Financial Corporation's Dividend History.
How were Fulton Financial Corporation's earnings last quarter?
Fulton Financial Corporation (NASDAQ:FULT) announced its quarterly earnings results on Tuesday, October, 17th. The company reported $0.28 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.27 by $0.01. The company earned $194.19 million during the quarter, compared to analysts' expectations of $200 million. Fulton Financial Corporation had a net margin of 21.15% and a return on equity of 8.28%. The company's quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.24 earnings per share. View Fulton Financial Corporation's Earnings History.
When will Fulton Financial Corporation make its next earnings announcement?
Where is Fulton Financial Corporation's stock going? Where will Fulton Financial Corporation's stock price be in 2017?
7 analysts have issued 12-month price targets for Fulton Financial Corporation's stock. Their predictions range from $17.00 to $20.00. On average, they anticipate Fulton Financial Corporation's stock price to reach $18.40 in the next year. View Analyst Ratings for Fulton Financial Corporation.
Are investors shorting Fulton Financial Corporation?
Fulton Financial Corporation saw a decline in short interest in the month of September. As of September 15th, there was short interest totalling 3,529,069 shares, a decline of 35.6% from the August 31st total of 5,479,171 shares. Based on an average daily trading volume, of 681,804 shares, the short-interest ratio is currently 5.2 days. Approximately 2.0% of the company's shares are sold short.
Who are some of Fulton Financial Corporation's key competitors?
Some companies that are related to Fulton Financial Corporation include Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX), BOK Financial Corporation (BOKF), Western Alliance Bancorporation (WAL), Pinnacle Financial Partners (PNFP), Prosperity Bancshares (PB), F.N.B. Corporation (FNB), Texas Capital Bancshares (TCBI), Hancock Holding Company (HBHC), First Hawaiian (FHB), Home BancShares (HOMB), IBERIABANK Corporation (IBKC), MB Financial (MBFI), Associated Banc-Corp (ASB), Chemical Financial Corporation (CHFC), UMB Financial Corporation (UMBF), Bank of Hawaii Corporation (BOH), Sterling Bancorp (STL) and First Financial Bankshares (FFIN).
Who are Fulton Financial Corporation's key executives?
Fulton Financial Corporation's management team includes the folowing people:
- E. Philip Wenger, Chairman of the Board, President, Chief Executive Officer
- Philmer H. Rohrbaugh, Interim Chief Financial Officer, Chief Operating Officer, Senior Executive Vice President
- Angela M. Sargent, Senior Executive Vice President, Chief Information Officer
- Beth Ann L. Chivinski, Senior Executive Vice President, Chief Risk Officer
- Meg R. Mueller, Senior Executive Vice President, Chief Credit Officer
- Curtis J. Myers, Senior Executive Vice President; President and Chief Operating Officer of Fulton Bank
- Craig A. Roda, Senior Executive Vice President - Community Banking
- Jason H. Weber, SVP/Director of Corporate Development , IR Contact Officer
- George W. Hodges, Lead Independent Director
- Lisa Crutchfield, Independent Director
Who owns Fulton Financial Corporation stock?
Fulton Financial Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Mutual of America Capital Management LLC (0.08%) and State Treasurer State of Michigan (0.04%). Company insiders that own Fulton Financial Corporation stock include Angela M Sargent, Craig A Roda, Curtis J Myers, E Philip Wenger, James R Moxley III, Meg R Mueller, Michael J Deporter, Patrick J Freer, Patrick Sean Barrett, Philmer H Rohrbaugh and R Scott Smith, Jr. View Institutional Ownership Trends for Fulton Financial Corporation.
Who sold Fulton Financial Corporation stock? Who is selling Fulton Financial Corporation stock?
Fulton Financial Corporation's stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan. Company insiders that have sold Fulton Financial Corporation stock in the last year include Angela M Sargent, Craig A Roda, Curtis J Myers, E Philip Wenger, Meg R Mueller, Michael J Deporter, Patrick J Freer, Patrick Sean Barrett and R Scott Smith, Jr. View Insider Buying and Selling for Fulton Financial Corporation.
Who bought Fulton Financial Corporation stock? Who is buying Fulton Financial Corporation stock?
Fulton Financial Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC. Company insiders that have bought Fulton Financial Corporation stock in the last two years include James R Moxley III and Philmer H Rohrbaugh. View Insider Buying and Selling for Fulton Financial Corporation.
How do I buy Fulton Financial Corporation stock?
Shares of Fulton Financial Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Fulton Financial Corporation's stock price today?
MarketBeat Community Rating for Fulton Financial Corporation (NASDAQ FULT)MarketBeat's community ratings are surveys of what our community members think about Fulton Financial Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Fulton Financial Corporation stock can currently be purchased for approximately $18.50.
Consensus Ratings for Fulton Financial Corporation (NASDAQ:FULT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 6 Hold Ratings|
|Consensus Rating:||Hold (Score: 1.86)|
|Consensus Price Target: ||$18.40 (0.54% downside)|Consensus Price Target History for Fulton Financial Corporation (NASDAQ:FULT)
Analysts' Ratings History for Fulton Financial Corporation (NASDAQ:FULT)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/19/2017||Piper Jaffray Companies||Reiterated Rating||Hold||$18.00||N/A|
|10/19/2017||Keefe, Bruyette & Woods||Reiterated Rating||Hold||$17.00||N/A|
|9/15/2017||Jefferies Group LLC||Reiterated Rating||Hold||$20.00||Medium|
|7/19/2017||Boenning Scattergood||Reiterated Rating||Hold||Medium|
|7/13/2017||Stephens||Initiated Coverage||Equal Weight||Low|
|4/21/2017||Barclays PLC||Reiterated Rating||Sell||$17.00 -> $18.00||Low|
|11/18/2016||Hovde Group||Downgrade||Outperform -> Market Perform||$16.50 -> $19.00||N/A|
|10/20/2016||FBR & Co||Boost Price Target||Mkt Perform||$14.00 -> $15.00||N/A|
|3/7/2016||Guggenheim||Downgrade||Buy -> Neutral||N/A|
|11/18/2015||J P Morgan Chase & Co||Initiated Coverage||Neutral||$14.50||N/A|
Earnings History for Fulton Financial Corporation (NASDAQ:FULT)Earnings History by Quarter for Fulton Financial Corporation (NASDAQ FULT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/17/2017||Q3 2017||$0.27||$0.28||$200.00 million||$194.19 million||View||N/A|
|7/18/2017||Q2 2017||$0.26||$0.26||$194.02 million||$193.93 million||View||N/A|
|4/18/2017||Q1 2017||$0.23||$0.25||$184.36 million||$183.15 million||View||N/A|
|1/17/2017||Q416||$0.24||$0.24||$138.01 million||$183.50 million||View||N/A|
|10/18/2016||Q316||$0.23||$0.24||$136.49 million||$130.57 million||View||N/A|
|7/19/2016||Q216||$0.22||$0.23||$177.49 million||$175.05 million||View||N/A|
|4/19/2016||Q116||$0.21||$0.22||$175.12 million||$172.19 million||View||N/A|
|1/19/2016||Q415||$0.20||$0.22||$172.72 million||$173.64 million||View||Listen|
|10/20/2015||Q315||$0.19||$0.20||$170.25 million||$170.47 million||View||Listen|
|7/21/2015||Q215||$0.21||$0.21||$171.81 million||$169.41 million||View||Listen|
|4/21/2015||Q115||$0.20||$0.22||$171.05 million||$168.32 million||View||N/A|
|1/20/2015||Q414||$0.21||$0.21||$174.97 million||$170.14 million||View||N/A|
|10/21/2014||Q314||$0.20||$0.21||$143.30 million||$167.80 million||View||N/A|
|7/22/2014||Q214||$0.22||$0.21||$174.99 million||$172.77 million||View||N/A|
|4/22/2014||Q114||$0.20||$0.22||$134.37 million||$129.60 million||View||N/A|
|7/23/2013||Q2 2013||$0.20||$0.21||$134.32 million||View||N/A|
|4/16/2013||Q1 2013||$0.20||$0.20||$135.47 million||View||N/A|
|1/15/2013||Q4 2012||$0.20||$0.20||$137.80 million||View||N/A|
Earnings Estimates for Fulton Financial Corporation (NASDAQ:FULT)
2017 EPS Consensus Estimate: $1.02
2018 EPS Consensus Estimate: $1.17
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Fulton Financial Corporation (NASDAQ:FULT)
|Most Recent Dividend:||10/13/2017|
|Payout Ratio:||42.72% (Trailing 12 Months of Earnings) |
41.51% (Based on This Year's Estimates)
37.29% (Based on Next Year's Estimates)
Dividend History by Quarter for Fulton Financial Corporation (NASDAQ FULT)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Fulton Financial Corporation (NASDAQ:FULT)
Insider Ownership Percentage: 0.68%Insider Trades by Quarter for Fulton Financial Corporation (NASDAQ:FULT)
Institutional Ownership Percentage: 62.98%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|7/31/2017||R Scott Smith, Jr.||Director||Sell||5,539||$18.35||$101,640.65|| |
|7/26/2017||Craig A. Roda||Insider||Sell||19,309||$18.42||$355,671.78|| |
|7/21/2017||Michael J. Deporter||Insider||Sell||1,500||$18.00||$27,000.00|| |
|4/24/2017||Meg R. Mueller||EVP||Sell||3,266||$18.90||$61,727.40|| |
|1/25/2017||Curtis J. Myers||Insider||Sell||9,285||$18.75||$174,093.75|| |
|12/5/2016||Patrick Sean Barrett||CFO||Sell||22,404||$18.15||$406,632.60|| |
|11/28/2016||Patrick J. Freer||Director||Sell||344||$18.02||$6,198.88|| |
|11/17/2016||Michael J. Deporter||Insider||Sell||1,509||$17.67||$26,664.03|| |
|11/15/2016||Curtis J. Myers||Insider||Sell||9,068||$17.61||$159,687.48|| |
|11/15/2016||E Philip Wenger||CEO||Sell||22,258||$17.66||$393,076.28|| |
|11/15/2016||Meg R. Mueller||EVP||Sell||13,828||$17.66||$244,202.48|| |
|11/14/2016||Angela M. Sargent||EVP||Sell||15,192||$17.50||$265,860.00|| |
|8/29/2016||Curtis J. Myers||EVP||Sell||15,580||$14.34||$223,417.20|| |
|8/16/2016||Philmer H. Rohrbaugh||COO||Buy||14,000||$13.96||$195,440.00|| |
|7/27/2016||James R. Moxley III||Director||Buy||9,896||$13.71||$135,674.16|| |
|10/23/2015||Michael J. Deporter||insider||Sell||15,833||$13.27||$210,103.91|| |
|2/27/2015||Curtis J Myers||EVP||Sell||3,799||$12.11||$46,005.89|| |
|2/9/2015||George W Hodges||Director||Buy||5,630||$11.85||$66,715.50|| |
|2/5/2015||Philmer H Rohrbaugh||EVP||Buy||13,000||$11.73||$152,490.00|| |
|11/21/2014||Michael J Deporter||Insider||Sell||3,000||$12.30||$36,900.00|| |
|11/18/2014||R Scott Smith Jr||Director||Sell||19,734||$12.16||$239,965.44|| |
|8/29/2014||Craig A Dally||Director||Sell||5,000||$11.50||$57,500.00|| |
|8/27/2014||Ernest J Waters||Director||Buy||2,590||$11.53||$29,862.70|| |
|7/2/2014||Craig H Hill||EVP||Sell||14,426||$12.52||$180,613.52|| |
|12/4/2013||Craig Dally||Director||Sell||4,500||$13.07||$58,815.00|| |
|11/26/2013||Charles Nugent||EVP||Sell||6,001||$12.78||$76,692.78|| |
|11/26/2013||John Bond, Jr.||Director||Sell||30,515||$12.77||$389,676.55|| |
|9/4/2013||Joe N Ballard||Director||Buy||2,000||$11.85||$23,700.00|| |
|7/1/2013||Craig H Hill||EVP||Sell||13,390||$11.52||$154,252.80|| |
|5/28/2013||Charles J Nugent||EVP||Sell||24,029||$11.65||$279,937.85|| |
|4/19/2013||Albert Morrison III||Director||Buy||3,000||$10.61||$31,830.00|| |
|2/8/2013||Denise L Devine||Director||Buy||1,000||$11.08||$11,080.00|| |
Headline Trends for Fulton Financial Corporation (NASDAQ:FULT)
Latest Headlines for Fulton Financial Corporation (NASDAQ:FULT)
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Fulton Financial Corporation (FULT) Chart for Sunday, October, 22, 2017