F.N.B. Co. (NYSE:FNB - Free Report) - DA Davidson decreased their FY2025 EPS estimates for F.N.B. in a report issued on Thursday, December 19th. DA Davidson analyst M. Navas now anticipates that the bank will post earnings per share of $1.45 for the year, down from their prior forecast of $1.50. The consensus estimate for F.N.B.'s current full-year earnings is $1.34 per share.
F.N.B. (NYSE:FNB - Get Free Report) last announced its quarterly earnings results on Thursday, October 17th. The bank reported $0.34 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by ($0.02). F.N.B. had a net margin of 16.29% and a return on equity of 8.49%. The business had revenue of $413.02 million for the quarter, compared to analyst estimates of $409.80 million.
Other research analysts have also recently issued reports about the stock. Wells Fargo & Company boosted their target price on shares of F.N.B. from $16.00 to $19.00 and gave the stock an "overweight" rating in a research report on Tuesday, December 3rd. StockNews.com upgraded F.N.B. from a "sell" rating to a "hold" rating in a research note on Monday, October 21st. Stephens boosted their price target on F.N.B. from $16.00 to $18.00 and gave the stock an "overweight" rating in a research note on Monday, October 21st. Keefe, Bruyette & Woods increased their price target on F.N.B. from $16.00 to $18.00 and gave the company a "market perform" rating in a report on Wednesday, December 4th. Finally, Raymond James lifted their price objective on F.N.B. from $17.00 to $19.00 and gave the stock an "outperform" rating in a report on Thursday, November 21st. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, F.N.B. has a consensus rating of "Moderate Buy" and a consensus price target of $17.67.
Read Our Latest Report on F.N.B.
F.N.B. Stock Up 0.7 %
Shares of NYSE:FNB traded up $0.10 during midday trading on Friday, hitting $14.50. 5,946,241 shares of the company's stock traded hands, compared to its average volume of 2,251,125. F.N.B. has a twelve month low of $12.49 and a twelve month high of $17.70. The company has a market cap of $5.21 billion, a PE ratio of 13.30 and a beta of 0.99. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.92 and a current ratio of 0.93. The firm's fifty day moving average price is $15.71 and its two-hundred day moving average price is $14.58.
F.N.B. Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Sunday, December 15th. Stockholders of record on Monday, December 2nd were given a $0.12 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.48 annualized dividend and a dividend yield of 3.31%. F.N.B.'s payout ratio is 44.04%.
Insider Activity at F.N.B.
In other F.N.B. news, CEO Vincent J. Delie, Jr. sold 125,000 shares of F.N.B. stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $16.50, for a total value of $2,062,500.00. Following the completion of the transaction, the chief executive officer now directly owns 1,652,229 shares in the company, valued at $27,261,778.50. The trade was a 7.03 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 1.03% of the company's stock.
Institutional Trading of F.N.B.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Kathleen S. Wright Associates Inc. bought a new position in F.N.B. during the 3rd quarter worth $28,000. Brooklyn Investment Group acquired a new position in shares of F.N.B. during the third quarter valued at $31,000. Richardson Financial Services Inc. boosted its holdings in shares of F.N.B. by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 2,946 shares of the bank's stock valued at $41,000 after acquiring an additional 1,473 shares during the period. UMB Bank n.a. grew its position in shares of F.N.B. by 82.3% during the third quarter. UMB Bank n.a. now owns 3,687 shares of the bank's stock worth $52,000 after acquiring an additional 1,665 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its holdings in shares of F.N.B. by 31.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 4,600 shares of the bank's stock worth $65,000 after acquiring an additional 1,100 shares during the period. 79.25% of the stock is currently owned by institutional investors and hedge funds.
About F.N.B.
(
Get Free Report)
F.N.B. Corporation, a bank and financial holding company, provides a range of financial products and services primarily to consumers, corporations, governments, and small- to medium-sized businesses in the United States. The company operates through three segments: Community Banking, Wealth Management, and Insurance.
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