F.N.B. Co. (NYSE:FNB) Receives Consensus Rating of "Moderate Buy" from Analysts

Shares of F.N.B. Co. (NYSE:FNB - Get Free Report) have been given an average rating of "Moderate Buy" by the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $16.83.

Several research firms have commented on FNB. Stephens increased their price objective on shares of F.N.B. from $16.00 to $18.00 and gave the company an "overweight" rating in a research report on Monday, October 21st. Piper Sandler restated an "overweight" rating on shares of F.N.B. in a report on Friday, October 18th. StockNews.com raised shares of F.N.B. from a "sell" rating to a "hold" rating in a research note on Monday, October 21st. Finally, Raymond James raised their target price on shares of F.N.B. from $17.00 to $19.00 and gave the stock an "outperform" rating in a research report on Thursday.

F.N.B. Price Performance

Shares of NYSE:FNB traded up $0.39 during mid-day trading on Friday, reaching $17.15. The stock had a trading volume of 2,989,782 shares, compared to its average volume of 2,467,351. The company has a market cap of $6.17 billion, a P/E ratio of 15.73 and a beta of 0.95. The business's 50 day moving average price is $14.81 and its 200 day moving average price is $14.27. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.40. F.N.B. has a 1 year low of $11.55 and a 1 year high of $17.19.

F.N.B. (NYSE:FNB - Get Free Report) last issued its quarterly earnings data on Thursday, October 17th. The bank reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.02). F.N.B. had a return on equity of 8.49% and a net margin of 16.29%. The firm had revenue of $413.02 million for the quarter, compared to analysts' expectations of $409.80 million. Research analysts expect that F.N.B. will post 1.34 EPS for the current fiscal year.

F.N.B. Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, December 15th. Stockholders of record on Monday, December 2nd will be given a $0.12 dividend. The ex-dividend date is Monday, December 2nd. This represents a $0.48 annualized dividend and a dividend yield of 2.80%. F.N.B.'s payout ratio is presently 44.04%.

Hedge Funds Weigh In On F.N.B.

Large investors have recently bought and sold shares of the business. SG Americas Securities LLC bought a new stake in F.N.B. during the 2nd quarter valued at $920,000. CWM LLC boosted its position in F.N.B. by 0.4% during the third quarter. CWM LLC now owns 379,995 shares of the bank's stock valued at $5,362,000 after purchasing an additional 1,527 shares in the last quarter. Cetera Advisors LLC boosted its position in F.N.B. by 253.4% during the first quarter. Cetera Advisors LLC now owns 92,986 shares of the bank's stock valued at $1,311,000 after purchasing an additional 66,676 shares in the last quarter. Cetera Investment Advisers grew its stake in F.N.B. by 48.2% in the first quarter. Cetera Investment Advisers now owns 128,089 shares of the bank's stock valued at $1,806,000 after purchasing an additional 41,665 shares during the last quarter. Finally, AQR Capital Management LLC raised its holdings in F.N.B. by 181.6% in the second quarter. AQR Capital Management LLC now owns 3,047,133 shares of the bank's stock worth $41,045,000 after purchasing an additional 1,964,884 shares in the last quarter. Institutional investors own 79.25% of the company's stock.

F.N.B. Company Profile

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.