F.N.B. Co. (NYSE:FNB – Free Report) – Analysts at Zacks Research increased their FY2025 EPS estimates for F.N.B. in a research report issued to clients and investors on Monday, February 24th. Zacks Research analyst R. Department now forecasts that the bank will post earnings per share of $1.40 for the year, up from their prior estimate of $1.39. The consensus estimate for F.N.B.’s current full-year earnings is $1.45 per share.
Several other equities analysts also recently commented on FNB. DA Davidson increased their target price on F.N.B. from $19.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. Raymond James lifted their target price on F.N.B. from $17.00 to $19.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. Keefe, Bruyette & Woods increased their price objective on shares of 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. Piper Sandler reduced their price target on shares of F.N.B. from $19.00 to $18.00 and set an “overweight” rating for the company in a research report on Thursday, January 23rd. Finally, Wells Fargo & Company dropped 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 Monday, January 6th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, F.N.B. presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.50.
F.N.B. Trading Up 0.8 %
Shares of FNB stock opened at $14.66 on Thursday. The company has a market cap of $5.27 billion, a PE ratio of 11.63, a P/E/G ratio of 3.60 and a beta of 1.01. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.94 and a current ratio of 0.94. F.N.B. has a fifty-two week low of $12.49 and a fifty-two week high of $17.70. The stock’s fifty day moving average price is $15.17 and its two-hundred day moving average price is $15.04.
F.N.B. Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Saturday, March 15th. Investors of record on Monday, March 3rd will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.48 annualized dividend and a yield of 3.28%. F.N.B.’s dividend payout ratio is currently 38.10%.
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 shares were sold at an average price of $16.50, for a total transaction of $2,062,500.00. Following the completion of the sale, the chief executive officer now directly owns 1,652,229 shares in the company, valued at $27,261,778.50. The trade was a 7.03 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director William B. Campbell purchased 3,000 shares of the firm’s stock in a transaction dated Wednesday, February 5th. The stock was bought at an average cost of $15.57 per share, for a total transaction of $46,710.00. Following the acquisition, the director now directly owns 158,834 shares in the company, valued at approximately $2,473,045.38. The trade was a 1.93 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.03% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On F.N.B.
Large investors have recently added to or reduced their stakes in the company. AlphaQuest LLC increased its position 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 valued at $27,000 after purchasing an additional 1,759 shares during the last quarter. Brooklyn Investment Group bought a new position in F.N.B. during the third quarter valued at approximately $31,000. Headlands Technologies LLC bought a new position in F.N.B. during the fourth quarter valued at approximately $39,000. Versant Capital Management Inc raised its stake in shares of F.N.B. by 100.9% during the fourth quarter. Versant Capital Management Inc now owns 4,011 shares of the bank’s stock worth $59,000 after acquiring an additional 2,014 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its holdings in shares of F.N.B. by 31.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 4,600 shares of the bank’s stock worth $65,000 after acquiring 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.
Further Reading
- Five stocks we like better than F.N.B.
- What to Know About Investing in Penny Stocks
- Volatility Is Back: 3 Stocks To Cushion the S&P 500’s Swings
- What is a buyback in stocks? A comprehensive guide for investors
- 2 Catalysts That Could Push NVIDIA Stock Up 30% This Year
- How to Invest in the Best Canadian StocksĀ
- Do GM Stock Buybacks Make the Stock Buyable For Investors?
Receive News & Ratings for F.N.B. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for F.N.B. and related companies with MarketBeat.com's FREE daily email newsletter.