Fidelity Southern Corp. (NASDAQ:LION) is set to post its quarterly earnings results on Thursday, October 13th. Analysts expect Fidelity Southern Corp. to post earnings of $0.48 per share for the quarter.

Fidelity Southern Corp. (NASDAQ:LION) last announced its earnings results on Thursday, July 21st. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.45 by $0.19. Fidelity Southern Corp. had a return on equity of 12.41% and a net margin of 10.97%. On average, analysts expect Fidelity Southern Corp. to post $1.63 EPS for the current fiscal year and $1.59 EPS for the next fiscal year.

Earnings History for Fidelity Southern Corp. (NASDAQ:LION)

Shares of Fidelity Southern Corp. (NASDAQ:LION) opened at 18.68 on Wednesday. The company’s 50-day moving average is $18.04 and its 200-day moving average is $16.78. Fidelity Southern Corp. has a 12 month low of $14.01 and a 12 month high of $23.05. The firm has a market cap of $486.33 million, a price-to-earnings ratio of 17.15 and a beta of 0.91.

LION has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods upgraded shares of Fidelity Southern Corp. from a “market perform” rating to an “outperform” rating and set a $20.00 price target on the stock in a research report on Friday, July 22nd. FBR & Co restated a “hold” rating and set a $18.00 price target on shares of Fidelity Southern Corp. in a research report on Friday, July 22nd. Finally, Zacks Investment Research upgraded shares of Fidelity Southern Corp. from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research report on Tuesday, July 26th.

In related news, Director Rankin M. Smith, Jr. sold 52,078 shares of the business’s stock in a transaction that occurred on Tuesday, August 9th. The shares were sold at an average price of $17.46, for a total value of $909,281.88. Following the sale, the director now directly owns 238,330 shares in the company, valued at approximately $4,161,241.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Rankin M. Smith, Jr. sold 27,571 shares of the business’s stock in a transaction that occurred on Monday, August 8th. The stock was sold at an average price of $17.34, for a total transaction of $478,081.14. Following the completion of the sale, the director now owns 266,330 shares in the company, valued at $4,618,162.20. The disclosure for this sale can be found here. 19.93% of the stock is currently owned by corporate insiders.

Several hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its stake in Fidelity Southern Corp. by 0.6% in the second quarter. Dimensional Fund Advisors LP now owns 1,004,983 shares of the financial services provider’s stock worth $15,748,000 after buying an additional 5,689 shares during the last quarter. Vanguard Group Inc. increased its position in Fidelity Southern Corp. by 7.2% in the second quarter. Vanguard Group Inc. now owns 676,768 shares of the financial services provider’s stock valued at $10,606,000 after buying an additional 45,507 shares during the period. BlackRock Investment Management LLC increased its position in Fidelity Southern Corp. by 20.9% in the second quarter. BlackRock Investment Management LLC now owns 87,043 shares of the financial services provider’s stock valued at $1,364,000 after buying an additional 15,034 shares during the period. BlackRock Fund Advisors increased its position in Fidelity Southern Corp. by 9.3% in the second quarter. BlackRock Fund Advisors now owns 536,156 shares of the financial services provider’s stock valued at $8,402,000 after buying an additional 45,680 shares during the period. Finally, Alliancebernstein L.P. purchased a new position in Fidelity Southern Corp. during the second quarter valued at $531,000. Institutional investors and hedge funds own 59.46% of the company’s stock.

About Fidelity Southern Corp.

Fidelity Southern Corporation is a bank holding company. The Company operates in the community banking segment. It conducts its operations through its subsidiary bank, Fidelity Bank (the Bank). The Bank provides various financial products and services for retail customers and small to medium-sized businesses, primarily in Atlanta and Jacksonville, Orlando and Sarasota-Bradenton, Florida markets.

5 Day Chart for NASDAQ:LION

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