Fidelity Southern (LION) to Release Earnings on Wednesday
Fidelity Southern (NASDAQ:LION) is scheduled to release its earnings data on Wednesday, January 17th. Analysts expect Fidelity Southern to post earnings of $0.32 per share for the quarter.
Fidelity Southern (NASDAQ:LION) last posted its quarterly earnings results on Thursday, October 19th. The financial services provider reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.06). Fidelity Southern had a return on equity of 11.30% and a net margin of 13.78%. The firm had revenue of $67.03 million for the quarter, compared to analyst estimates of $71.20 million. On average, analysts expect Fidelity Southern to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Fidelity Southern (NASDAQ:LION) opened at $22.53 on Wednesday. Fidelity Southern has a 52 week low of $20.08 and a 52 week high of $24.95. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.93 and a current ratio of 1.02. The firm has a market capitalization of $604.57, a P/E ratio of 14.08 and a beta of 1.31.
Separately, Zacks Investment Research raised Fidelity Southern from a “sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $24.50.
In other news, insider James B. Miller, Jr. sold 35,700 shares of the stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $22.11, for a total value of $789,327.00. Following the completion of the sale, the insider now directly owns 2,876,372 shares of the company’s stock, valued at $63,596,584.92. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider David Buchanan sold 4,000 shares of the stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $20.75, for a total value of $83,000.00. Following the completion of the sale, the insider now directly owns 254,693 shares of the company’s stock, valued at $5,284,879.75. The disclosure for this sale can be found here. Over the last three months, insiders bought 10,546 shares of company stock valued at $19,596 and sold 86,047 shares valued at $1,273,590. Corporate insiders own 18.77% of the company’s stock.
ILLEGAL ACTIVITY WARNING: This article was originally published by Watch List News and is the property of of Watch List News. If you are viewing this article on another publication, it was illegally stolen and republished in violation of U.S. and international trademark and copyright legislation. The original version of this article can be accessed at https://www.watchlistnews.com/fidelity-southern-lion-to-release-earnings-on-wednesday/1800529.html.
Fidelity Southern Company Profile
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Southern and related companies with Analyst Ratings Network's FREE daily email newsletter.