DA Davidson Issues Pessimistic Estimate for F.N.B. Earnings

F.N.B. Co. (NYSE:FNB) – DA Davidson decreased their FY2025 earnings per share (EPS) estimates for shares of F.N.B. in a research note issued to investors on Thursday, December 19th. DA Davidson analyst M. Navas now forecasts that the bank will earn $1.45 per share for the year, down from their prior forecast 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 announced 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 business had revenue of $413.02 million during the quarter, compared to analyst estimates of $409.80 million. F.N.B. had a net margin of 16.29% and a return on equity of 8.49%.

A number of other analysts have also recently weighed in on FNB. Wells Fargo & Company increased their price objective on F.N.B. from $16.00 to $19.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 3rd. Raymond James raised 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 report on Thursday, November 21st. Stephens upped their price objective on F.N.B. from $16.00 to $18.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. Keefe, Bruyette & Woods boosted their target price 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. Finally, StockNews.com upgraded shares of F.N.B. from a “sell” rating to a “hold” rating in a research report on Monday, October 21st. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.67.

F.N.B. Price Performance

Shares of FNB opened at $14.50 on Friday. The company has a market capitalization of $5.21 billion, a price-to-earnings ratio of 13.30 and a beta of 0.99. F.N.B. has a fifty-two week low of $12.49 and a fifty-two week high of $17.70. The firm has a 50-day simple moving average of $15.72 and a 200-day simple moving average of $14.59. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.92 and a current ratio of 0.93.

F.N.B. Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Sunday, December 15th. Shareholders of record on Monday, December 2nd were given 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 of this dividend was Monday, December 2nd. F.N.B.’s payout ratio is currently 44.04%.

Insiders Place Their Bets

In other F.N.B. news, CEO Vincent J. Delie, Jr. sold 125,000 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at approximately $27,261,778.50. This trade represents a 7.03 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.03% of the stock is currently owned by company insiders.

Institutional Trading of F.N.B.

A number of large investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP raised its position in shares of F.N.B. by 3.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 22,176,107 shares of the bank’s stock worth $303,361,000 after buying an additional 647,335 shares during the period. State Street Corp lifted its stake in shares of F.N.B. by 1.9% in the 3rd quarter. State Street Corp now owns 15,185,397 shares of the bank’s stock valued at $214,266,000 after purchasing an additional 278,825 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of F.N.B. by 2.6% during the 3rd quarter. Principal Financial Group Inc. now owns 4,952,429 shares of the bank’s stock worth $69,879,000 after purchasing an additional 127,516 shares during the period. Thrivent Financial for Lutherans increased its position in F.N.B. by 2.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 4,818,228 shares of the bank’s stock worth $67,986,000 after purchasing an additional 130,972 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in F.N.B. by 6.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,888,563 shares of the bank’s stock valued at $54,868,000 after buying an additional 218,511 shares during the period. Institutional investors and hedge funds 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.