FY2025 Earnings Estimate for F.N.B. Issued By Zacks Research

F.N.B. Co. (NYSE:FNB) – Equities researchers at Zacks Research increased their FY2025 earnings per share (EPS) estimates for shares of F.N.B. in a report released on Monday, February 24th. Zacks Research analyst R. Department now expects that the bank will post earnings per share of $1.40 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 subject of several other reports. Raymond James lifted 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 note on Thursday, November 21st. DA Davidson upped their price target 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. Keefe, Bruyette & Woods lifted their price objective on F.N.B. from $16.00 to $18.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Piper Sandler lowered their target price on F.N.B. from $19.00 to $18.00 and set an “overweight” rating on the stock in a research note on Thursday, January 23rd. 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 research report on Monday, January 6th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.50.

F.N.B. Trading Up 0.2 %

Shares of NYSE:FNB opened at $14.56 on Thursday. The business has a 50-day moving average price of $15.17 and a 200-day moving average price of $15.04. The stock has a market cap of $5.23 billion, a price-to-earnings ratio of 11.55, a PEG ratio of 3.60 and a beta of 1.01. F.N.B. has a 52-week low of $12.49 and a 52-week high of $17.70. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.48.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. PL Capital Advisors LLC acquired a new stake in shares of F.N.B. during the 4th quarter worth approximately $308,616,000. Norges Bank acquired a new stake in F.N.B. during the fourth quarter worth $50,205,000. First Trust Advisors LP raised its position in F.N.B. by 76.8% in the fourth quarter. First Trust Advisors LP now owns 5,233,363 shares of the bank’s stock valued at $77,349,000 after purchasing an additional 2,273,736 shares during the period. Raymond James Financial Inc. acquired a new position in shares of F.N.B. in the 4th quarter valued at $15,801,000. Finally, Point72 Asset Management L.P. purchased a new position in shares of F.N.B. during the 3rd quarter worth $14,190,000. Institutional investors and hedge funds own 79.25% of the company’s stock.

Insider Buying and Selling at F.N.B.

In related news, Director William B. Campbell purchased 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The stock was purchased at an average price of $15.57 per share, with a total value of $46,710.00. Following the completion of the acquisition, the director now owns 158,834 shares in the company, valued at $2,473,045.38. This trade represents a 1.93 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, Director David L. Motley sold 15,000 shares of the company’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $15.51, for a total value of $232,650.00. Following the completion of the sale, the director now owns 65,344 shares of the company’s stock, valued at approximately $1,013,485.44. The trade was a 18.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.03% of the company’s stock.

F.N.B. Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, March 15th. Shareholders 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 3.30%. F.N.B.’s dividend payout ratio (DPR) is currently 38.10%.

About F.N.B.

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.