Fidelity Southern (LION) to Release Earnings on Wednesday

Fidelity Southern (NASDAQ:LION) will announce its earnings results on Wednesday, January 17th. Analysts expect the company to announce earnings of $0.32 per share for the quarter.

Fidelity Southern (NASDAQ:LION) last announced its quarterly earnings results on Thursday, October 19th. The financial services provider reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.06). The firm had revenue of $67.03 million for the quarter, compared to analyst estimates of $71.20 million. Fidelity Southern had a net margin of 13.78% and a return on equity of 11.30%. On average, analysts expect Fidelity Southern to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Fidelity Southern (LION) opened at $23.19 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 0.93 and a debt-to-equity ratio of 0.31. The firm has a market cap of $622.28, a PE ratio of 14.49 and a beta of 1.31. Fidelity Southern has a 1 year low of $20.08 and a 1 year high of $24.95.

Separately, Zacks Investment Research raised shares of Fidelity Southern from a “sell” rating to a “hold” rating in a research report on Wednesday, September 20th. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Fidelity Southern presently has a consensus rating of “Buy” and an average price target of $24.88.

In related news, Chairman James B. Miller, Jr. sold 17,347 shares of the business’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $21.91, for a total value of $380,072.77. Following the sale, the chairman now directly owns 2,876,372 shares in the company, valued at approximately $63,021,310.52. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider David Buchanan sold 4,000 shares of the business’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $20.75, for a total transaction of $83,000.00. Following the completion of the sale, the insider now owns 254,693 shares in the company, valued at $5,284,879.75. The disclosure for this sale can be found here. In the last three months, insiders have bought 10,546 shares of company stock worth $19,596 and have sold 86,047 shares worth $1,273,590. Insiders own 18.77% of the company’s stock.

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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.

Earnings History for Fidelity Southern (NASDAQ:LION)

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