Headlines about Fidelity Southern (NASDAQ:LION) have trended positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Fidelity Southern earned a news impact score of 0.27 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 45.3736888283095 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Fidelity Southern (NASDAQ LION) opened at $23.73 on Monday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.02 and a quick ratio of 0.93. Fidelity Southern has a 12-month low of $20.08 and a 12-month high of $24.96. The stock has a market capitalization of $636.77, a price-to-earnings ratio of 15.93 and a beta of 1.24.
Fidelity Southern (NASDAQ:LION) last issued its quarterly earnings data on Friday, January 19th. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.04). Fidelity Southern had a return on equity of 9.06% and a net margin of 13.59%. The business had revenue of $64.76 million during the quarter, compared to analysts’ expectations of $67.00 million. analysts expect that Fidelity Southern will post 1.62 EPS for the current fiscal year.
Several equities research analysts have issued reports on LION shares. Zacks Investment Research upgraded Fidelity Southern from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 26th. Sandler O’Neill set a $25.00 target price on Fidelity Southern and gave the stock a “hold” rating in a research report on Monday, January 22nd. Finally, BidaskClub upgraded Fidelity Southern from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, January 24th. Two analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company’s stock. Fidelity Southern has an average rating of “Buy” and an average price target of $25.00.
In related news, Chairman James B. Miller, Jr. sold 17,347 shares of the stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $21.91, for a total value of $380,072.77. Following the transaction, the chairman now owns 2,876,372 shares of the company’s stock, valued at $63,021,310.52. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director William C. Lankford, Jr. sold 2,365 shares of the stock in a transaction on Tuesday, January 23rd. The shares were sold at an average price of $24.02, for a total value of $56,807.30. Following the completion of the transaction, the director now directly owns 10,182 shares in the company, valued at approximately $244,571.64. The disclosure for this sale can be found here. In the last quarter, insiders purchased 534 shares of company stock worth $12,015 and sold 55,412 shares worth $1,226,207. Company 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.
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