Fulton Financial Stock Price, News & Analysis (NASDAQ:FULT)

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fulton Financial in the last twelve months. 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 equities research analysts have issued 12 month target prices for Fulton Financial's stock. Their FULT share price targets range from $12.00 to $19.50. On average, they anticipate the company's stock price to reach $15.00 in the next year. This suggests a possible upside of 0.5% 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 beginning of 2023. Since then, FULT shares have decreased by 11.3% and is now trading at $14.93.
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Fulton Financial saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 6,580,000 shares, a decline of 14.7% from the October 31st total of 7,710,000 shares. Based on an average daily trading volume, of 1,160,000 shares, the days-to-cover ratio is currently 5.7 days. Currently, 4.1% of the company's stock are short sold.
View Fulton Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 16th 2024.
View our FULT earnings forecast.

Fulton Financial Co. (NASDAQ:FULT) released its quarterly earnings data on Tuesday, October, 17th. The bank reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.03. The bank earned $274.25 million during the quarter, compared to analysts' expectations of $268.75 million. Fulton Financial had a trailing twelve-month return on equity of 12.75% and a net margin of 21.17%.

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 dividend yield of 4.29%. The ex-dividend date is Friday, September 29th.
Read our dividend analysis for FULT.

Fulton Financial (NASDAQ:FULT) pays an annual dividend of $0.64 per share and currently has a dividend yield of 4.50%. 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 36.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FULT will have a dividend payout ratio of 44.14% next year. This indicates that the company will be able to sustain or increase its dividend.
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).

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's stock is owned by many different institutional and retail investors. Top institutional investors include Fuller & Thaler Asset Management Inc. (2.18%), Bank of New York Mellon Corp (1.27%), Fulton Bank N.A. (1.26%), Charles Schwab Investment Management Inc. (1.20%), Hsbc Holdings PLC (1.16%) and Northern Trust Corp (1.15%). Insiders that own company stock include Angela M Sargent, Angela M Snyder, Bernadette M Taylor, Curtis J Myers, Daniel R Stolzer, David M Campbell, David M Campbell, E Philip Wenger, George K Martin, George W Hodges, James R Moxley III, James R Moxley III, Mark R Mccollom, Meg R Mueller and Meg R Mueller.
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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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