Fulton Financial - FULT Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fulton Financial in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.

3 brokerages have issued twelve-month price targets for Fulton Financial's shares. Their FULT share price forecasts range from $14.00 to $20.50. On average, they expect the company's share price to reach $18.20 in the next twelve months. This suggests a possible upside of 30.3% 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 stock has decreased by 17.0% and is now trading at $13.97.
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Fulton Financial saw a increase in short interest in March. As of March 15th, there was short interest totaling 5,770,000 shares, an increase of 21.0% from the February 28th total of 4,770,000 shares. Based on an average daily trading volume, of 1,120,000 shares, the short-interest ratio is presently 5.2 days.
View Fulton Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 18th 2023.
View our FULT earnings forecast.

Fulton Financial Co. (NASDAQ:FULT) announced its quarterly earnings results on Tuesday, January, 17th. The bank reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by $0.02. The bank earned $284.54 million during the quarter, compared to analyst estimates of $285.36 million. Fulton Financial had a net margin of 26.28% and a trailing twelve-month return on equity of 12.92%.

Fulton Financial announced a quarterly dividend on Tuesday, March 21st. Stockholders of record on Monday, April 3rd will be given a dividend of $0.15 per share on Friday, April 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.29%. The ex-dividend date is Friday, March 31st.
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), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P MidCap Low Volatility ETF (XMLV), ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco S&P MidCap Value with Momentum ETF (XMVM), RiverFront Dynamic US Dividend Advantage ETF (RFDA) and SPDR S&P Regional Banking ETF (KRE).

Fulton Financial (NASDAQ:FULT) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.23%. 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 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.93%. 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.

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."

Fulton Financial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.26%), Fuller & Thaler Asset Management Inc. (2.18%), Geode Capital Management LLC (1.90%), Millennium Management LLC (1.36%), Fulton Bank N.A. (1.14%) and Norges Bank (1.04%). 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, Ernest J Waters, George K Martin, George W Hodges, James R Moxley III, 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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One share of FULT stock can currently be purchased for approximately $13.97.

Fulton Financial (NASDAQ:FULT) has a market capitalization of $2.33 billion and generates $1.09 billion in revenue each year. The bank earns $286.98 million in net income (profit) each year or $1.67 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.