Fulton Financial (NASDAQ:FULT) Given Daily Media Impact Rating of 0.09

News stories about Fulton Financial (NASDAQ:FULT) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fulton Financial earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 46.6568006690681 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

Shares of Fulton Financial (NASDAQ:FULT) opened at $18.25 on Wednesday. The stock has a market cap of $3,125.93, a PE ratio of 17.33 and a beta of 1.17. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.47. Fulton Financial has a 1 year low of $16.45 and a 1 year high of $19.90.

Fulton Financial (NASDAQ:FULT) last announced its earnings results on Tuesday, October 17th. The bank reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.01. The business had revenue of $194.19 million during the quarter, compared to analysts’ expectations of $200.00 million. Fulton Financial had a net margin of 21.15% and a return on equity of 8.28%. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter last year, the company posted $0.24 EPS. analysts expect that Fulton Financial will post 1.05 earnings per share for the current fiscal year.

The company also recently announced a special dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be given a dividend of $0.03 per share. The ex-dividend date is Thursday, November 30th. This represents a dividend yield of 2.42%. This is a boost from Fulton Financial’s previous special dividend of $0.02. Fulton Financial’s dividend payout ratio (DPR) is 42.72%.

A number of equities analysts have recently issued reports on the stock. Keefe, Bruyette & Woods restated a “hold” rating and issued a $17.50 price objective on shares of Fulton Financial in a research note on Tuesday, October 3rd. Piper Jaffray Companies restated a “hold” rating and issued a $18.00 price objective on shares of Fulton Financial in a research note on Thursday, October 19th. BidaskClub cut shares of Fulton Financial from a “hold” rating to a “sell” rating in a research note on Saturday. Zacks Investment Research upgraded shares of Fulton Financial from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research note on Wednesday, September 20th. Finally, Jefferies Group restated a “hold” rating and issued a $20.00 price objective on shares of Fulton Financial in a research note on Friday, September 15th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. Fulton Financial currently has an average rating of “Hold” and an average target price of $18.60.

TRADEMARK VIOLATION NOTICE: This news story was first posted by Week Herald and is owned by of Week Herald. If you are accessing this news story on another website, it was stolen and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this news story can be read at https://weekherald.com/2017/12/13/somewhat-positive-press-coverage-somewhat-unlikely-to-affect-fulton-financial-fult-stock-price.html.

About Fulton Financial

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).

Insider Buying and Selling by Quarter for Fulton Financial (NASDAQ:FULT)

Receive News & Ratings for Fulton Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fulton Financial and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply