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Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
NASDAQ:FULT

Fulton Financial - FULT Stock Forecast, Price & News

$16.62
+0.08 (+0.48%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$16.46
$16.66
50-Day Range
$13.89
$16.69
52-Week Range
$13.72
$19.17
Volume
787,848 shs
Average Volume
1.18 million shs
Market Capitalization
$2.67 billion
P/E Ratio
10.26
Dividend Yield
3.63%
Price Target
$18.17

Fulton Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
9.3% Upside
$18.17 Price Target
Short Interest
Healthy
3.30% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$79,970 Sold Last Quarter
Proj. Earnings Growth
10.00%
From $1.70 to $1.87 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.19 out of 5 stars

Finance Sector

580th out of 904 stocks

National Commercial Banks Industry

61st out of 86 stocks

FULT stock logo

About Fulton Financial (NASDAQ:FULT) Stock

Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company also offers secured consumer loans, including home equity loans and lines of credit, automobile loans, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgage loans; and commercial lending products comprising commercial real estate, commercial and industrial, and construction loans, as well as equipment lease financing loans. In addition, it provides letters of credit, cash management services, and traditional deposit products; and wealth management services, including investment management, trust, brokerage, insurance, and investment advisory services. Further, the company owns passive investments, as well as trust preferred securities; and sells various life insurance products. It provides its products and services through traditional financial center banking, as well as through a network of automated teller machines, telephone banking, mobile banking, and online banking. The company operated branches in Pennsylvania, Maryland, Delaware, New Jersey, and Virginia. Fulton Financial Corporation was incorporated in 1882 and is headquartered in Lancaster, Pennsylvania.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Stephens raised shares of Fulton Financial from an "equal weight" rating to an "overweight" rating and set a $20.50 price objective for the company in a research report on Thursday, April 21st. Jefferies Financial Group dropped their target price on Fulton Financial from $17.00 to $14.00 in a research report on Monday, July 11th. Finally, DA Davidson reiterated a "neutral" rating on shares of Fulton Financial in a research note on Wednesday, July 27th.

Fulton Financial Stock Performance

Shares of Fulton Financial stock traded up $0.08 on Tuesday, reaching $16.62. 787,848 shares of the company were exchanged, compared to its average volume of 1,183,290. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.89 and a current ratio of 0.89. The company's 50-day moving average is $15.20 and its two-hundred day moving average is $16.27. The firm has a market cap of $2.67 billion, a price-to-earnings ratio of 10.21 and a beta of 0.80. Fulton Financial has a 1-year low of $13.72 and a 1-year high of $19.17.

Fulton Financial (NASDAQ:FULT - Get Rating) last announced its quarterly earnings results on Tuesday, July 19th. The bank reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $0.06. Fulton Financial had a return on equity of 11.01% and a net margin of 28.15%. During the same quarter in the previous year, the business posted $0.38 EPS. As a group, research analysts expect that Fulton Financial will post 1.7 earnings per share for the current fiscal year.

Fulton Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 15th. Stockholders of record on Friday, July 1st were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date was Thursday, June 30th. Fulton Financial's payout ratio is 37.04%.

Insider Buying and Selling

In other Fulton Financial news, EVP David M. Campbell sold 5,156 shares of the stock in a transaction on Monday, May 23rd. The stock was sold at an average price of $15.51, for a total transaction of $79,969.56. Following the completion of the transaction, the executive vice president now directly owns 22,202 shares of the company's stock, valued at approximately $344,353.02. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.00% of the company's stock.

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FULT Company Calendar

Ex-Dividend for 7/15 Dividend
6/30/2022
Dividend Payable
7/15/2022
Last Earnings
7/19/2022
Today
8/10/2022
Next Earnings (Estimated)
10/18/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:FULT
CUSIP
36027110
Employees
3,200
Year Founded
1882

Price Target and Rating

Average Stock Price Forecast
$18.17
High Stock Price Forecast
$20.50
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+9.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$275.50 million
Pretax Margin
34.59%

Debt

Sales & Book Value

Annual Sales
$997.16 million
Cash Flow
$2.00 per share
Book Value
$15.62 per share

Miscellaneous

Free Float
159,148,000
Market Cap
$2.67 billion
Optionable
Optionable
Beta
0.80

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FULT Stock - Frequently Asked Questions

Should I buy or sell Fulton Financial stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fulton Financial in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" FULT shares.
View FULT analyst ratings
or view top-rated stocks.

What is Fulton Financial's stock price forecast for 2022?

2 Wall Street research analysts have issued 1 year price objectives for Fulton Financial's shares. Their FULT share price forecasts range from $14.00 to $20.50. On average, they predict the company's share price to reach $18.17 in the next year. This suggests a possible upside of 9.3% from the stock's current price.
View analysts price targets for FULT
or view top-rated stocks among Wall Street analysts.

How has Fulton Financial's stock performed in 2022?

Fulton Financial's stock was trading at $17.00 on January 1st, 2022. Since then, FULT shares have decreased by 2.2% and is now trading at $16.62.
View the best growth stocks for 2022 here
.

When is Fulton Financial's next earnings date?

Fulton Financial is scheduled to release its next quarterly earnings announcement on Tuesday, October 18th 2022.
View our FULT earnings forecast
.

How were Fulton Financial's earnings last quarter?

Fulton Financial Co. (NASDAQ:FULT) released its quarterly earnings data on Tuesday, July, 19th. The bank reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.36 by $0.06. Fulton Financial had a trailing twelve-month return on equity of 11.01% and a net margin of 28.15%. During the same quarter in the prior year, the company posted $0.38 earnings per share.

How often does Fulton Financial pay dividends? What is the dividend yield for Fulton Financial?

Fulton Financial announced a quarterly dividend on Tuesday, June 21st. Investors of record on Friday, July 1st will be given a dividend of $0.15 per share on Friday, July 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date is Thursday, June 30th.
Read our dividend analysis for FULT
.

Is Fulton Financial a good dividend stock?

Fulton Financial (NASDAQ:FULT) pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.63%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FULT will have a dividend payout ratio of 32.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FULT.

What is E Philip Wenger's approval rating as Fulton Financial's CEO?

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.

What other stocks do shareholders of Fulton Financial own?

What is Fulton Financial's stock symbol?

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

Who are Fulton Financial's major shareholders?

Fulton Financial's stock is owned by a variety of institutional and retail investors. Top institutional investors include Fulton Bank N.A. (1.18%), Victory Capital Management Inc. (0.96%), ProShare Advisors LLC (0.37%), Walleye Capital LLC (0.28%), Swiss National Bank (0.24%) and Foundry Partners LLC (0.22%). Insiders that own company stock include Angela M Sargent, Bernadette M Taylor, Curtis J Myers, Daniel R Stolzer, Daniel R Stolzer, David M Campbell, David M Campbell, Ernest J Waters, James R Moxley III and Meg R Mueller.
View institutional ownership trends
.

How do I buy shares of Fulton Financial?

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.
Compare Top Brokerages Here.

What is Fulton Financial's stock price today?

One share of FULT stock can currently be purchased for approximately $16.62.

How much money does Fulton Financial make?

Fulton Financial (NASDAQ:FULT) has a market capitalization of $2.67 billion and generates $997.16 million in revenue each year. The bank earns $275.50 million in net income (profit) each year or $1.62 on an earnings per share basis.

How many employees does Fulton Financial have?

Fulton Financial employs 3,200 workers across the globe.

When was Fulton Financial founded?

Fulton Financial was founded in 1882.

How can I contact Fulton Financial?

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.

This page (NASDAQ:FULT) was last updated on 8/10/2022 by MarketBeat.com Staff

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