Fulton Financial Corp

Fulton Financial Corp Stock Forecast & Price Prediction

Live Fulton Financial Corp Stock (FULT) Price
$21.24

7

Ratings

  • Buy 1
  • Hold 6
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$21.24

P/E Ratio

13.44

Volume Traded Today

$583,700

Dividend

$0.17

52 Week High/low

22.49/13.87

Fulton Financial Corp Market Cap

$3.87B

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FULT Summary

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.

FULT Analyst Ratings

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.

FULT stock forecast by analyst

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

FULT Company Information

What They Do: Provides consumer and commercial banking services.

Business Model: The company operates as a financial holding company, generating revenue through a diverse range of banking products and services. It makes money by accepting deposits, offering loans, and providing wealth management services, including investment and insurance products.

Other Information: Fulton Financial Corporation serves customers in multiple states, including Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. The company has a long history dating back to 1882 and utilizes various platforms for customer access, including physical branches, ATMs, and digital banking solutions.
FULT
Fulton Financial Corp (FULT)

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

Fulton Financial Corp (FULT) Financial Data

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

$858.6M

Revenue From 2021

$937.5M

9.19 %
From Previous Year

Revenue From 2022

$1.01B

7.60 %
From Previous Year

Revenue From 2023

$1.08B

7.26 %
From Previous Year
  • Revenue TTM $1.08B
  • Operating Margin TTM 36.0%
  • Gross profit TTM $0
  • Return on assets TTM 1.0%
  • Return on equity TTM 9.9%
  • Profit Margin 26.2%
  • Book Value Per Share 16.55%
  • Market capitalisation $3.87B
  • Revenue for 2021 $937.5M
  • Revenue for 2022 $1.01B
  • Revenue for 2023 $1.08B
  • EPS this year (TTM) $1.58

Fulton Financial Corp (FULT) Latest News

News Image

Mon, 25 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Fri, 01 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Wed, 16 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Tue, 15 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Tue, 15 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Tue, 15 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

...

FULT Frequently asked questions

The highest forecasted price for FULT is $23 from Christopher Mcgratty at Keefe, Bruyette & Woods.

The lowest forecasted price for FULT is $20 from from

The FULT analyst ratings consensus are 1 buy ratings, 6 hold ratings, and 0 sell ratings.