F.N.B. Co. (NYSE:FNB – Free Report) – Stock analysts at Zacks Research raised 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 expects that the bank will post earnings of $1.40 per share for the year, up from their prior forecast of $1.39. The consensus estimate for F.N.B.’s current full-year earnings is $1.45 per share.
FNB has been the topic of a number of other reports. Keefe, Bruyette & Woods boosted their price objective on shares of F.N.B. from $16.00 to $18.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th. Piper Sandler dropped their price objective on shares of F.N.B. from $19.00 to $18.00 and set an “overweight” rating on the stock in a report on Thursday, January 23rd. Raymond James boosted their price objective on shares of F.N.B. from $17.00 to $19.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. DA Davidson boosted their price objective on shares of F.N.B. from $19.00 to $20.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Finally, Wells Fargo & Company dropped their price objective on shares of 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 equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, F.N.B. presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.50.
F.N.B. Stock Performance
Shares of FNB stock opened at $14.83 on Thursday. The business’s fifty day simple moving average is $15.18 and its 200-day simple moving average is $15.05. The company has a market cap of $5.33 billion, a PE ratio of 11.77, a PEG ratio of 3.60 and a beta of 1.01. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.48. F.N.B. has a 12-month low of $12.49 and a 12-month high of $17.70.
F.N.B. Announces Dividend
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 annualized dividend and a yield of 3.24%. The ex-dividend date of this dividend is Monday, March 3rd. F.N.B.’s payout ratio is 38.10%.
Insider Buying and Selling at F.N.B.
In other news, Director David L. Motley sold 15,000 shares of the stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $15.51, for a total transaction of $232,650.00. Following the sale, the director now directly owns 65,344 shares of the company’s stock, valued at $1,013,485.44. This represents a 18.67 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director William B. Campbell bought 3,000 shares of the stock in a transaction dated Wednesday, February 5th. The shares were purchased at an average cost of $15.57 per share, for a total transaction of $46,710.00. Following the completion of the purchase, the director now owns 158,834 shares in the company, valued at approximately $2,473,045.38. This represents 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.
Hedge funds have recently modified their holdings of the company. 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 purchased a new stake in shares of F.N.B. during the 3rd quarter worth about $31,000. Headlands Technologies LLC purchased a new stake in shares of F.N.B. during the 4th quarter worth about $39,000. Versant Capital Management Inc raised its position in shares of F.N.B. by 100.9% during the 4th quarter. Versant Capital Management Inc now owns 4,011 shares of the bank’s stock worth $59,000 after purchasing an additional 2,014 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. raised its position in shares of F.N.B. by 31.4% during the 3rd 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. 79.25% of the stock is owned by hedge funds and other institutional investors.
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.
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