Fidelity Southern Corporation (LION) Set to Announce Quarterly Earnings on Wednesday
Fidelity Southern Corporation (NASDAQ:LION) is set to release its earnings data on Wednesday, July 19th. Analysts expect Fidelity Southern Corporation to post earnings of $0.39 per share for the quarter.
Fidelity Southern Corporation (NASDAQ:LION) last announced its quarterly earnings results on Thursday, April 20th. The financial services provider reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.09. Fidelity Southern Corporation had a return on equity of 13.90% and a net margin of 14.60%. The firm had revenue of $75 million for the quarter, compared to analysts’ expectations of $63.39 million. Fidelity Southern Corporation’s revenue for the quarter was up 26.7% compared to the same quarter last year. On average, analysts expect Fidelity Southern Corporation to post $1.58 EPS for the current fiscal year and $1.76 EPS for the next fiscal year.
Shares of Fidelity Southern Corporation (NASDAQ LION) opened at 23.55 on Monday. The company has a market capitalization of $620.90 million, a PE ratio of 13.77 and a beta of 1.33. Fidelity Southern Corporation has a 12 month low of $16.24 and a 12 month high of $24.95. The firm has a 50-day moving average price of $22.20 and a 200-day moving average price of $22.77.
ILLEGAL ACTIVITY WARNING: This story was published by American Banking News and is the property of of American Banking News. If you are accessing this story on another site, it was copied illegally and republished in violation of international trademark and copyright law. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/07/17/fidelity-southern-corporation-lion-set-to-announce-quarterly-earnings-on-wednesday.html.
In other Fidelity Southern Corporation news, insider David Buchanan sold 5,000 shares of Fidelity Southern Corporation stock in a transaction on Monday, June 12th. The stock was sold at an average price of $23.67, for a total value of $118,350.00. Following the completion of the transaction, the insider now directly owns 213,693 shares of the company’s stock, valued at approximately $5,058,113.31. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider H Palmer Proctor, Jr. sold 15,000 shares of Fidelity Southern Corporation stock in a transaction on Monday, June 19th. The shares were sold at an average price of $23.09, for a total value of $346,350.00. Following the completion of the transaction, the insider now directly owns 79,037 shares of the company’s stock, valued at $1,824,964.33. The disclosure for this sale can be found here. Over the last ninety days, insiders acquired 535 shares of company stock valued at $12,002 and sold 29,000 shares valued at $668,110. 18.77% of the stock is owned by insiders.
Several equities analysts have weighed in on LION shares. Zacks Investment Research cut Fidelity Southern Corporation from a “hold” rating to a “sell” rating in a report on Saturday, April 22nd. Stephens reaffirmed a “hold” rating on shares of Fidelity Southern Corporation in a report on Friday, April 21st. Finally, ValuEngine cut Fidelity Southern Corporation from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 11th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. Fidelity Southern Corporation has a consensus rating of “Hold” and an average target price of $23.88.
About Fidelity Southern Corporation
Fidelity Southern Corporation is a bank holding company. The Company conducts its operations through its subsidiary bank, Fidelity Bank, which is a state chartered bank (the Bank). The Company provides an array of financial products and services for business and retail customers in the metropolitan Atlanta and Jacksonville, Orlando and Sarasota-Bradenton, Florida markets.
Receive News & Ratings for Fidelity Southern Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Southern Corporation and related companies with MarketBeat.com's FREE daily email newsletter.