What is DA Davidson’s Forecast for F.N.B. FY2025 Earnings?

F.N.B. Co. (NYSE:FNB) – Equities researchers at DA Davidson decreased their FY2025 earnings per share estimates for shares of F.N.B. in a research note issued to investors on Thursday, December 19th. DA Davidson analyst M. Navas now expects that the bank will post earnings of $1.45 per share for the year, down from their previous estimate 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) last released its earnings results on Thursday, October 17th. The bank reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.02). The company had revenue of $413.02 million during the quarter, compared to analysts’ expectations of $409.80 million. F.N.B. had a return on equity of 8.49% and a net margin of 16.29%.

Several other equities research analysts have also recently commented on FNB. Raymond James increased their price objective on F.N.B. from $17.00 to $19.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. StockNews.com raised F.N.B. from a “sell” rating to a “hold” rating in a report on Monday, October 21st. Piper Sandler reaffirmed an “overweight” rating on shares of F.N.B. in a report on Friday, October 18th. Keefe, Bruyette & Woods raised their target price on F.N.B. from $16.00 to $18.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 4th. Finally, Stephens increased their price objective on shares of F.N.B. from $16.00 to $18.00 and gave the stock an “overweight” rating in a research note on Monday, October 21st. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $17.67.

F.N.B. Trading Up 0.7 %

Shares of NYSE FNB opened at $14.50 on Friday. The firm’s 50 day moving average price is $15.71 and its 200-day moving average price is $14.58. F.N.B. has a 52-week low of $12.49 and a 52-week high of $17.70. 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 company has a market cap of $5.21 billion, a PE ratio of 13.30 and a beta of 0.99.

F.N.B. Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Sunday, December 15th. Shareholders of record on Monday, December 2nd were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date was Monday, December 2nd. F.N.B.’s dividend payout ratio (DPR) is currently 44.04%.

Insider Activity

In other F.N.B. 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 stock was sold at an average price of $16.50, for a total transaction of $2,062,500.00. Following the completion of the transaction, the chief executive officer now owns 1,652,229 shares in the company, valued at $27,261,778.50. This trade represents a 7.03 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 1.03% of the company’s stock.

Institutional Investors Weigh In On F.N.B.

Hedge funds have recently bought and sold shares of the business. Kathleen S. Wright Associates Inc. purchased a new position in shares of F.N.B. during the third quarter valued at approximately $28,000. Brooklyn Investment Group purchased a new stake in F.N.B. in the third quarter worth $31,000. Richardson Financial Services Inc. lifted its position 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 worth $41,000 after purchasing an additional 1,473 shares during the last quarter. UMB Bank n.a. boosted its stake 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 valued at $52,000 after purchasing an additional 1,665 shares during the period. Finally, Nomura Asset Management Co. Ltd. grew its holdings 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 worth $65,000 after purchasing an additional 1,100 shares during the last quarter. Hedge funds and other 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.