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Fidelity Mortgage - Grand Junction Colorado

Fidelity Mortgage Grand Junction was founded with the philosophy that the customer should always come first in mortgage lending. Since our doors ...

Fidelity Southern Co. (LION) Raised to Hold at Zacks Investment Research

Shares of Fidelity Southern ( NASDAQ:LION ) opened at 16.04 on Friday. The stock’s 50 day moving average is $15.21 and its 200 day moving average is $19.37. Fidelity Southern has a 52-week low of $14.01 and a 52-week high of $23.05. The stock has a market cap of $370.25 million and a PE ratio of 9.78.

Fidelity Southern (NASDAQ:LION) last released its quarterly earnings data on Thursday, January 21st. The financial services provider reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.39 by $0.11. Equities research analysts forecast that Fidelity Southern will post $1.61 earnings per share for the current year.

In other Fidelity Southern news, Director Rankin M. Smith, Jr. bought 3,000 shares of Fidelity Southern stock in a transaction on Tuesday, January 26th. The stock was acquired at an average cost of $15.93 per share, with a total value of $47,790.00. Following the completion of the acquisition, the director now owns 283,146 shares in the company, valued at $4,510,515.78. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Also, insider James B. Miller, Jr. bought 6,230 shares of Fidelity Southern stock in a transaction on Tuesday, January 26th. The shares were acquired at an average cost of $16.02 per share, with a total value of $99,804.60. Following the completion of the acquisition, the insider now owns 2,762,164 shares of the company’s stock, valued at approximately $44,249,867.28. The disclosure for this purchase can be found here .

After Today's Huge Decline, Is Fidelity Southern Corporation's Near-Term Analysis Negative?

The stock of Fidelity Southern Corporation (NASDAQ:LION) is a huge mover today! The stock decreased 2.32% or $0.37 on March 24, hitting $15.57. About 73,591 shares traded hands. Fidelity Southern Corporation (NASDAQ:LION) has declined 21.84% since August 19, 2015 and is downtrending. It has underperformed by 19.74% the S&P500. The move comes after 7 months negative chart setup for the $384.34M company. It was reported on Mar, 25 by Barchart.com. We have $14.01 PT which if reached, will make NASDAQ:LION worth $38.43M less.

Analysts await Fidelity Southern Corporation (NASDAQ:LION) to reports earnings on April, 21. They expect $0.34 EPS, down 24.44% or $0.11 from last year’s $0.45 per share. LION’s profit will be $8.39M for 11.45 P/E if the $0.34 EPS becomes reality. After $0.28 actual EPS reported by Fidelity Southern Corporation for the previous quarter, Wall Street now forecasts 21.43% EPS growth.

According to Zacks Investment Research, “Fidelity Southern Corporation, through its operating subsidiary Fidelity Bank, provides a wide range of banking, mortgage and investment services through branches in Atlanta, Georgia. Mortgage, construction, and automobile loans are also provided through offices in Jacksonville, Florida.”

Fidelity Mortgage sells a mortgage on Doug's home to Enterprise Bank.Enterprise erroneously pays the real esta

te taxes on the home. When Enterprise demands reimbursment, Doug refuses, arguing that no contract exists that obligates him to reimburse the bank. What legal theory might Enterprise use to get its money from Doug?


Was there an escrow account set up for taxes in the original loan with Fidelity? If not, chances are Doug also paid the taxes to the county unless Enterprise brought it to Doug's attention that they had already paid them.