Fidelity Southern Corporation (NASDAQ:LION) issued its quarterly earnings data on Thursday. The financial services provider reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.11), Briefing.com reports. Fidelity Southern Corporation had a return on equity of 12.87% and a net margin of 14.95%.

Shares of Fidelity Southern Corporation (NASDAQ LION) traded down 1.54% on Thursday, hitting $23.00. 106,048 shares of the company’s stock were exchanged. The stock has a market cap of $614.22 million, a price-to-earnings ratio of 12.93 and a beta of 1.32. Fidelity Southern Corporation has a 12-month low of $17.36 and a 12-month high of $24.95. The company’s 50-day moving average price is $22.61 and its 200 day moving average price is $22.23.

A number of research analysts have weighed in on the stock. ValuEngine downgraded shares of Fidelity Southern Corporation from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 11th. Stephens reiterated a “hold” rating and issued a $24.00 price objective on shares of Fidelity Southern Corporation in a research report on Friday, June 23rd. Zacks Investment Research downgraded shares of Fidelity Southern Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. BidaskClub upgraded shares of Fidelity Southern Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $25.00 price objective on shares of Fidelity Southern Corporation in a research report on Thursday, July 27th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Fidelity Southern Corporation currently has an average rating of “Hold” and a consensus price target of $24.50.

TRADEMARK VIOLATION NOTICE: “Fidelity Southern Corporation (LION) Releases Earnings Results” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark laws. The original version of this news story can be accessed at https://www.thecerbatgem.com/2017/10/19/fidelity-southern-corporation-lion-releases-earnings-results.html.

In related news, Director David R. Bockel sold 5,700 shares of the firm’s stock in a transaction dated Thursday, September 21st. The shares were 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 owns 29,847 shares in the company, valued at $658,126.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders purchased 545 shares of company stock valued at $12,001 in the last quarter. Company 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.

Earnings History for Fidelity Southern Corporation (NASDAQ:LION)

Receive News & Stock Ratings for Fidelity Southern Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Southern Corporation and related stocks with our FREE daily email newsletter.