Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Fidelity Southern Corporation (LION) Share Price

News articles about Fidelity Southern Corporation (NASDAQ:LION) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Fidelity Southern Corporation earned a news sentiment score of 0.02 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.8604539468998 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Fidelity Southern Corporation (LION) traded down $0.11 during mid-day trading on Friday, hitting $21.39. The company had a trading volume of 45,233 shares, compared to its average volume of 83,052. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.02 and a quick ratio of 0.93. The firm has a market cap of $571.22, a price-to-earnings ratio of 13.37 and a beta of 1.34. Fidelity Southern Corporation has a 1-year low of $19.55 and a 1-year high of $24.95.

Fidelity Southern Corporation (NASDAQ:LION) last posted its 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). The business had revenue of $67.03 million for the quarter, compared to analyst estimates of $71.20 million. Fidelity Southern Corporation had a return on equity of 11.30% and a net margin of 13.78%. research analysts predict that Fidelity Southern Corporation will post 1.37 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 14th. Investors of record on Wednesday, November 1st will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date is Tuesday, October 31st. Fidelity Southern Corporation’s payout ratio is presently 30.00%.

Several research analysts have weighed in on the company. Zacks Investment Research lowered Fidelity Southern Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. BidaskClub raised Fidelity Southern Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $25.00 price target on shares of Fidelity Southern Corporation in a research report on Thursday, July 27th. Finally, ValuEngine lowered Fidelity Southern Corporation from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $24.50.

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In related news, Director David R. Bockel sold 5,700 shares of the business’s stock in a transaction on Thursday, September 21st. The stock was sold at an average price of $22.05, for a total value of $125,685.00. Following the completion of the sale, the director now directly owns 29,847 shares in the company, valued at approximately $658,126.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 18.77% of the company’s stock.

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.

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