Fulton Financial Corporation (FULT)

NASDAQ: FULT · IEX Real-Time Price · USD
15.92
+0.64 (4.19%)
At close: Mar 27, 2024, 4:00 PM
15.44
-0.48 (-3.02%)
Pre-market: Mar 28, 2024, 4:00 AM EDT

Total Valuation

FULT has a market cap or net worth of $2.48 billion. The enterprise value is $4.41 billion.

Market Cap 2.48B
Enterprise Value 4.41B

Important Dates

The next estimated earnings date is Tuesday, April 16, 2024, after market close.

Earnings Date Apr 16, 2024
Ex-Dividend Date Mar 28, 2024

Share Statistics

FULT has 162.02 million shares outstanding. The number of shares has decreased by -1.97% in one year.

Shares Outstanding 162.02M
Shares Change (YoY) -1.97%
Shares Change (QoQ) +0.10%
Owned by Insiders (%) 1.02%
Owned by Institutions (%) 73.51%
Float 160.05M

Valuation Ratios

The trailing PE ratio is 9.71 and the forward PE ratio is 10.32. FULT's PEG ratio is -7.57.

PE Ratio 9.71
Forward PE 10.32
PS Ratio 2.41
Forward PS 2.93
PB Ratio 0.90
P/FCF Ratio 7.50
PEG Ratio -7.57
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.56, with an EV/FCF ratio of 13.37.

EV / Earnings 16.11
EV / Sales 4.29
EV / EBITDA 11.56
EV / EBIT 12.66
EV / FCF 13.37

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.90
Debt / EBITDA 6.52
Debt / FCF 7.54
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 10.40% and return on invested capital (ROIC) is 5.42%.

Return on Equity (ROE) 10.40%
Return on Assets (ROA) 1.00%
Return on Capital (ROIC) 5.42%
Revenue Per Employee $302,332
Profits Per Employee $80,598
Employee Count 3,400
Asset Turnover 0.04
Inventory Turnover n/a

Taxes

In the past 12 months, FULT has paid $64.44 million in taxes.

Income Tax 64.44M
Effective Tax Rate 19.04%

Stock Price Statistics

The stock price has increased by +13.31% in the last 52 weeks. The beta is 0.82, so FULT's price volatility has been lower than the market average.

Beta (1Y) 0.82
52-Week Price Change +13.31%
50-Day Moving Average 15.52
200-Day Moving Average 14.11
Relative Strength Index (RSI) 58.54
Average Volume (30 Days) 1,126,718

Short Selling Information

The latest short interest is 8.39 million, so 5.18% of the outstanding shares have been sold short.

Short Interest 8.39M
Short Previous Month 8.65M
Short % of Shares Out 5.18%
Short % of Float 5.24%
Short Ratio (days to cover) 7.62

Income Statement

In the last 12 months, FULT had revenue of $1.03 billion and earned $274.03 million in profits. Earnings per share was $1.64.

Revenue 1.03B
Gross Profit 1.03B
Operating Income 348.72M
Pretax Income 348.72M
Net Income 274.03M
EBITDA 381.72M
EBIT 348.72M
Earnings Per Share (EPS) $1.64
Full Income Statement

Balance Sheet

The company has $549.71 million in cash and $2.49 billion in debt, giving a net cash position of -$1.94 billion or -$11.96 per share.

Cash & Cash Equivalents 549.71M
Total Debt 2.49B
Net Cash -1.94B
Net Cash Per Share -$11.96
Equity / Book Value 2.76B
Book Value Per Share 17.04
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $362.98 million and capital expenditures -$32.96 million, giving a free cash flow of $330.03 million.

Operating Cash Flow 362.98M
Capital Expenditures -32.96M
Free Cash Flow 330.03M
FCF Per Share $2.01
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 33.92% and 26.66%.

Gross Margin 100.00%
Operating Margin 33.92%
Pretax Margin 33.92%
Profit Margin 26.66%
EBITDA Margin 37.13%
EBIT Margin 33.92%
FCF Margin 32.11%

Dividends & Yields

This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 4.27%.

Dividend Per Share $0.68
Dividend Yield 4.27%
Dividend Growth (YoY) 10.18%
Years of Dividend Growth 13
Payout Ratio 41.46%
Buyback Yield 1.97%
Shareholder Yield 6.24%
Earnings Yield 11.07%
FCF Yield 13.33%
Dividend Details

Analyst Forecast

The average price target for FULT is $15.67, which is -1.57% lower than the current price. The consensus rating is "Hold".

Price Target $15.67
Price Target Difference -1.57%
Analyst Consensus Hold
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on May 17, 2006. It was a forward split with a ratio of 105:100.

Last Split Date May 17, 2006
Split Type Forward
Split Ratio 105:100

Scores

Altman Z-Score n/a
Piotroski F-Score 5