Fulton Financial Corp (FULT) Clearly Signals Buy-Into the Stock: Don’t ignore the signals

With 1.41 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.41 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $20.92 whereas the lowest price it dropped to was $20.105. The 52-week range on FULT shows that it touched its highest point at $22.49 and its lowest point at $13.87 during that stretch. It currently has a 1-year price target of $23.25. With its current market cap of 3.70 billion, FULT has annualized dividend of $0.69 while the current yield stands at 3.39%. FULT paid its most recent dividend on 1735603200, while the ex-dividend date for that was 1735603200. Beta for the stock currently stands at 0.82.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FULT was down-trending over the past week, with a drop of -1.12%, but this was up by 3.56% over a month. Three-month performance surged to 12.00% while six-month performance rose 3.25%. The stock gained 23.63% in the past year, while it has gained 5.55% so far this year. A look at the trailing 12-month EPS for FULT yields 1.57 with Next year EPS estimates of 2.07. For the next quarter, that number is 0.41. This implies an EPS growth rate of 16.11% for this year and 13.71% for next year.

Float and Shares Shorts:

At present, 182.09 million FULT shares are outstanding with a float of 180.05 million shares on hand for trading. On 2024-12-31, short shares totaled 6.2 million, which was 340.99999999999994 higher than short shares on 1732838400. In addition to Mr. Curtis J. Myers as the firm’s CEO & Chairman, Ms. Angela M. Snyder serves as its President.

Institutional Ownership:

Through their ownership of 0.76292 of FULT’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FULT since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With FULT analysts setting a high price target of 25.0 and a low target of 22.0, the average target price over the next 12 months is 23.25. Based on these targets, FULT could surge 22.85% to reach the target high and rise by 8.11% to reach the target low. Reaching the average price target will result in a growth of 14.25% from current levels.

Analysts have provided yearly estimates in a range of $1.65991 being high and $1.54986 being low. For FULT, this leads to a yearly average estimate of $1.59571. Based on analyst estimates, the high estimate for the next quarter is $0.48 and the low estimate is $0.44. The average estimate for the next quarter is thus $0.46.