With 3.87 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.32 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $21.47 whereas the lowest price it dropped to was $19.94. The 52-week range on FULT shows that it touched its highest point at $20.33 and its lowest point at $13.19 during that stretch. It currently has a 1-year price target of $20.50. With its current market cap of 3.89 billion, FULT has annualized dividend of $0.68 while the current yield stands at 3.18%. Beta for the stock currently stands at 0.75.
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 up-trending over the past week, with a rise of 16.20%, but this was up by 24.46% over a month. Three-month performance surged to 22.68% while six-month performance rose 23.38%. The stock gained 54.07% in the past year, while it has gained 29.83% so far this year. A look at the trailing 12-month EPS for FULT yields 1.59 with Next year EPS estimates of 1.74. For the next quarter, that number is 0.40. This implies an EPS growth rate of -0.78% for this year and 6.67% for next year. EPS is expected to grow by 8.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.84%.
Float and Shares Shorts:
At present, 181.96 million FULT shares are outstanding with a float of 179.89 million shares on hand for trading. On 2024-10-15, short shares totaled 5.47 million, which was 300.0 higher than short shares on 1726185600. 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 0.79135 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 22.0 and a low target of 20.0, the average target price over the next 12 months is 20.5. Based on these targets, FULT could surge 2.95% to reach the target high and fall by -6.41% to reach the target low. Reaching the average price target will result in a decline of -4.07% from current levels.
Analysts have provided yearly estimates in a range of $1.68293 being high and $1.55276 being low. For FULT, this leads to a yearly average estimate of $1.62714.
