Based on ratings from 7 stock analysts, the Fulton Financial Corp stock price is expected to increase by 0.44% in 12 months. This is calculated by using the average 12-month stock price forecast for Fulton Financial Corp. The lowest target is $20 and the highest is $23. Please note analyst price targets are not guaranteed and could be missed completely.
Fulton Financial Corp has a total of 7 Wall St Analyst ratings. There are 1 buy ratings, 6 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Fulton Financial Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of FULT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $23 | Maintains | Dec 4, 2024 |
Casey Haire Jefferies | Hold | $18 | Maintains | Jul 3, 2024 |
Matt Breese Stephens & Co. | Equal-Weight | $17.5 | Maintains | May 7, 2024 |
Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $19 | Maintains | Apr 30, 2024 |
Manuel Navas DA Davidson | Neutral | $18 | Maintains | Apr 30, 2024 |
Feddie Strickland Janney Montgomery Scott | Buy | $19.5 | Upgrade | Apr 29, 2024 |
Matt Breese Stephens & Co. | Equal-Weight | $15.5 | Maintains | Apr 18, 2024 |
Matt Breese Stephens & Co. | Equal-Weight | $16 | Reiterates | Apr 17, 2024 |
Casey Haire Jefferies | Hold | $16 | Maintains | Apr 8, 2024 |
Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $17 | Maintains | Jan 18, 2024 |
Matt Breese Stephens & Co. | Equal-Weight | $16 | Reiterates | Jan 17, 2024 |
Matt Breese Stephens & Co. | Equal-Weight | $16 | Downgrade | Dec 14, 2023 |
Matt Breese Stephens & Co. | Overweight | $14.5 | Reiterates | Jul 20, 2023 |
Manuel Navas DA Davidson | Neutral | $14 | Maintains | Apr 20, 2023 |
Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $16 | Maintains | Apr 6, 2023 |
Manuel Navas DA Davidson | Neutral | $17 | Maintains | Jan 19, 2023 |
Matt Breese Stephens & Co. | Overweight | $20.5 | Upgrade | Apr 21, 2022 |
Raymond James | Market Perform | Downgrade | Apr 7, 2021 | |
Stephens & Co. | Equal-Weight | Initiates | Jun 1, 2020 | |
Piper Sandler | Neutral | $17.5 | Downgrade | Jan 17, 2019 |
When did it IPO
1990
Staff Count
3,400
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Curtis J. Myers
Market Cap
$3.87B
In 2023, FULT generated $1.08B in revenue, which was a increase of 7.26% from the previous year. This can be seen as a signal that FULT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Fulton Financial Corporation's stock rose 38%. It has a solid 3.15% dividend yield, but a hold rating is advised due to risks from declining interest rates and limited capital gains potential.
Why It Matters - Fulton Financial's strong stock performance and solid dividend yield attract attention, but declining interest rates and limited capital gains may pose risks, affecting future returns.
Summary - Fulton Financial Corporation appointed Richard Kraemer as Senior Executive Vice President and CFO, replacing retiring Interim CFO Betsy Chivinski, effective November 1, 2024.
Why It Matters - Leadership changes, especially in the CFO role, can impact a company's financial strategy and investor confidence, potentially influencing stock performance and future growth prospects.
Summary - Fulton Financial Corporation (FULT) held its Q3 2024 earnings call, discussing financial performance and key metrics. Further details can be found in the full transcript.
Why It Matters - Fulton Financial's Q3 2024 earnings call provides insights into financial performance, growth prospects, and market conditions, influencing stock valuation and investment decisions.
Summary - Fulton Financial Corporation reported Q3 2024 net income of $60.6 million ($0.33 per diluted share), down $31.8 million from Q2 2024.
Why It Matters - Fulton Financial's significant drop in net income and earnings per share signals potential financial instability, impacting investor confidence and stock performance.
Summary - Fulton Financial (FULT) reported its quarterly performance for September 2024, with key metrics available for comparison against Wall Street estimates and the previous year's results.
Why It Matters - Fulton Financial's quarterly performance relative to estimates and prior year figures can indicate growth trends, impact stock valuation, and influence investor sentiment.
Summary - Fulton Financial (FULT) reported Q3 earnings of $0.50 per share, surpassing the Zacks estimate of $0.44 and up from $0.43 per share year-over-year.
Why It Matters - Fulton Financial's earnings beat expectations and show year-over-year growth, indicating strong performance and potential for continued profitability, influencing investor confidence.