F.N.B. (FNB) Expected to Announce Earnings on Wednesday

F.N.B. (NYSE:FNB - Get Free Report) is projected to announce its earnings results after the market closes on Wednesday, April 16th. Analysts expect the company to announce earnings of $0.30 per share and revenue of $409.52 million for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

F.N.B. Stock Performance

Shares of F.N.B. stock traded down $0.02 during trading hours on Friday, reaching $11.78. 3,301,529 shares of the stock traded hands, compared to its average volume of 2,417,760. The company has a 50 day moving average price of $13.90 and a 200 day moving average price of $14.81. F.N.B. has a one year low of $10.88 and a one year high of $17.70. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $4.24 billion, a price-to-earnings ratio of 9.35, a P/E/G ratio of 3.60 and a beta of 0.86.

F.N.B. Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 4.07%. The ex-dividend date of this dividend was Monday, March 3rd. F.N.B.'s dividend payout ratio is presently 38.10%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on FNB. Piper Sandler decreased their target price on F.N.B. from $19.00 to $18.00 and set an "overweight" rating on the stock in a report on Thursday, January 23rd. Wells Fargo & Company lowered their price target on shares of F.N.B. from $18.00 to $16.00 and set an "overweight" rating on the stock in a report on Wednesday. Finally, DA Davidson increased their price objective on shares of F.N.B. from $19.00 to $20.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, F.N.B. currently has a consensus rating of "Moderate Buy" and an average target price of $18.17.

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Insider Buying and Selling at F.N.B.

In other news, Director William B. Campbell bought 3,000 shares of the stock in a transaction on Wednesday, February 5th. The stock was acquired at an average cost of $15.57 per share, for a total transaction of $46,710.00. Following the acquisition, the director now owns 158,834 shares of the company's stock, valued at $2,473,045.38. This represents a 1.93 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David L. Motley sold 15,000 shares of the firm's stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $15.51, for a total transaction of $232,650.00. Following the transaction, the director now directly owns 65,344 shares in the company, valued at $1,013,485.44. This trade represents a 18.67 % decrease in their position. The disclosure for this sale can be found here. 1.03% of the stock is currently owned by company insiders.

About F.N.B.

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.