F.N.B. (FNB) to Release Earnings on Wednesday

F.N.B. (NYSE:FNB) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, January 22nd. Analysts expect the company to announce earnings of $0.33 per share and revenue of $407,996.00 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

F.N.B. (NYSE:FNB) last released 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 company had revenue of $413.02 million during the quarter, compared to analyst estimates of $409.80 million. On average, analysts expect F.N.B. to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

F.N.B. Trading Up 1.8 %

NYSE:FNB opened at $15.61 on Monday. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.40. F.N.B. has a 1-year low of $12.49 and a 1-year high of $17.70. The firm has a market capitalization of $5.61 billion, a price-to-earnings ratio of 14.32, a price-to-earnings-growth ratio of 4.41 and a beta of 1.01. The stock has a fifty day simple moving average of $15.76 and a 200 day simple moving average of $14.85.

F.N.B. Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Sunday, December 15th. Investors of record on Monday, December 2nd were given a $0.12 dividend. The ex-dividend date was Monday, December 2nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.07%. F.N.B.’s dividend payout ratio (DPR) is 44.04%.

Analyst Ratings Changes

FNB has been the subject of a number of recent analyst reports. Stephens increased their price target on 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 research report on Friday, October 18th. StockNews.com upgraded F.N.B. from a “sell” rating to a “hold” rating in a report on Monday, October 21st. Keefe, Bruyette & Woods lifted 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, Wells Fargo & Company reduced their price target 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. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, F.N.B. presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.00.

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 transaction, the chief executive officer now directly owns 1,652,229 shares of the company’s stock, valued at $27,261,778.50. The trade was a 7.03 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.22% of the stock is owned by company insiders.

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.