F.N.B. Co. (NYSE:FNB - Free Report) - Investment analysts at Zacks Research upped their FY2025 earnings per share estimates for shares of F.N.B. in a research report issued on Monday, February 24th. Zacks Research analyst R. Department now expects that the bank will post earnings per share of $1.40 for the year, up from their previous estimate of $1.39. The consensus estimate for F.N.B.'s current full-year earnings is $1.45 per share.
Other equities research analysts have also issued research reports about the stock. Piper Sandler dropped their price target on shares of F.N.B. from $19.00 to $18.00 and set an "overweight" rating on the stock in a research note on Thursday, January 23rd. Wells Fargo & Company decreased their price objective on F.N.B. from $19.00 to $18.00 and set an "overweight" rating for the company in a report on Monday, January 6th. Keefe, Bruyette & Woods lifted their target price on F.N.B. from $16.00 to $18.00 and gave the company a "market perform" rating in a research note on Wednesday, December 4th. DA Davidson increased their price target on F.N.B. from $19.00 to $20.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. Finally, Raymond James lifted their price objective on shares of F.N.B. from $17.00 to $19.00 and gave the company an "outperform" rating in a research note on Thursday, November 21st. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, F.N.B. currently has an average rating of "Moderate Buy" and an average target price of $18.50.
View Our Latest Research Report on F.N.B.
F.N.B. Stock Performance
Shares of F.N.B. stock traded down $0.23 during trading on Thursday, hitting $14.49. 2,617,001 shares of the stock were exchanged, compared to its average volume of 2,205,454. The stock has a market cap of $5.21 billion, a PE ratio of 11.50, a P/E/G ratio of 3.60 and a beta of 1.01. The stock's fifty day moving average is $15.18 and its 200 day moving average is $15.07. F.N.B. has a 12 month low of $12.49 and a 12 month high of $17.70. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.94 and a current ratio of 0.94.
Institutional Trading of F.N.B.
A number of institutional investors have recently bought and sold shares of FNB. AlphaQuest LLC boosted its stake in shares of F.N.B. by 3,589.8% during the 4th quarter. AlphaQuest LLC now owns 1,808 shares of the bank's stock worth $27,000 after acquiring an additional 1,759 shares in the last quarter. Brooklyn Investment Group acquired a new stake in F.N.B. in the 3rd quarter valued at $31,000. Headlands Technologies LLC bought a new position in shares of F.N.B. during the fourth quarter valued at $39,000. Versant Capital Management Inc lifted its holdings in F.N.B. by 100.9% during the 4th quarter. Versant Capital Management Inc now owns 4,011 shares of the bank's stock valued at $59,000 after purchasing an additional 2,014 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. raised its stake in shares of F.N.B. by 31.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 4,600 shares of the bank's stock valued at $65,000 after acquiring an additional 1,100 shares during the last quarter. Institutional investors and hedge funds own 79.25% of the company's stock.
Insider Buying and Selling
In related news, CEO Vincent J. Delie, Jr. sold 125,000 shares of the firm's stock in a transaction that occurred on Friday, December 6th. The shares were 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 owns 1,652,229 shares of the company's stock, valued at approximately $27,261,778.50. This trade represents a 7.03 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director David L. Motley sold 15,000 shares of F.N.B. stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $15.51, for a total value of $232,650.00. Following the transaction, the director now owns 65,344 shares in the company, valued at $1,013,485.44. This 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 insiders.
F.N.B. Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Saturday, March 15th. Shareholders of record on Monday, March 3rd will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date of this dividend is Monday, March 3rd. F.N.B.'s payout ratio is 38.10%.
F.N.B. Company Profile
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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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