$0.29 EPS Expected for F.N.B. Corp (NYSE:FNB) This Quarter

Share on StockTwits

Equities analysts expect that F.N.B. Corp (NYSE:FNB) will report $0.29 earnings per share for the current quarter, Zacks reports. Six analysts have made estimates for F.N.B.’s earnings. The highest EPS estimate is $0.30 and the lowest is $0.28. F.N.B. posted earnings per share of $0.27 during the same quarter last year, which would suggest a positive year over year growth rate of 7.4%. The business is scheduled to report its next earnings results before the market opens on Tuesday, July 23rd.

On average, analysts expect that F.N.B. will report full year earnings of $1.17 per share for the current fiscal year, with EPS estimates ranging from $1.15 to $1.19. For the next year, analysts anticipate that the company will report earnings of $1.21 per share, with EPS estimates ranging from $1.13 to $1.25. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that cover F.N.B..

F.N.B. (NYSE:FNB) last announced its earnings results on Tuesday, April 23rd. The bank reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. The company had revenue of $296.00 million during the quarter, compared to analysts’ expectations of $298.73 million. F.N.B. had a net margin of 25.54% and a return on equity of 8.50%. The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.26 earnings per share.

A number of equities research analysts have recently commented on FNB shares. Boenning Scattergood reiterated a “neutral” rating on shares of United Bankshares in a report on Thursday, April 25th. Zacks Investment Research downgraded shares of Gold Resource from a “hold” rating to a “sell” rating in a report on Friday, June 21st. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the company. F.N.B. currently has a consensus rating of “Buy” and an average price target of $15.00.

In other news, Director Mary Jo Dively purchased 4,000 shares of the stock in a transaction dated Monday, May 6th. The stock was acquired at an average cost of $12.36 per share, for a total transaction of $49,440.00. Following the completion of the acquisition, the director now directly owns 21,900 shares in the company, valued at approximately $270,684. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.59% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the company. LPL Financial LLC increased its holdings in F.N.B. by 87.2% during the 4th quarter. LPL Financial LLC now owns 29,856 shares of the bank’s stock valued at $294,000 after purchasing an additional 13,905 shares during the period. New York State Common Retirement Fund increased its holdings in F.N.B. by 3.8% during the 4th quarter. New York State Common Retirement Fund now owns 699,240 shares of the bank’s stock valued at $6,881,000 after purchasing an additional 25,310 shares during the period. Bank of New York Mellon Corp increased its holdings in F.N.B. by 2.9% during the 4th quarter. Bank of New York Mellon Corp now owns 4,012,906 shares of the bank’s stock valued at $39,486,000 after purchasing an additional 112,456 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in F.N.B. by 144.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 50,933 shares of the bank’s stock valued at $501,000 after purchasing an additional 30,076 shares during the period. Finally, GSA Capital Partners LLP purchased a new position in F.N.B. during the 4th quarter valued at about $469,000. Institutional investors and hedge funds own 76.08% of the company’s stock.

Shares of NYSE FNB traded up $0.08 during midday trading on Thursday, reaching $11.58. 1,083,400 shares of the stock were exchanged, compared to its average volume of 2,262,473. The stock has a market capitalization of $3.77 billion, a P/E ratio of 10.25, a P/E/G ratio of 1.04 and a beta of 1.25. F.N.B. has a 52-week low of $9.35 and a 52-week high of $13.88. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.82 and a quick ratio of 0.82. The stock’s 50 day simple moving average is $11.51.

About F.N.B.

F.N.B. Corporation, a financial holding company, provides a range of financial services primarily to consumers, corporations, governments, and small- to medium-sized businesses. The company operates through three segments: Community Banking, Wealth Management, and Insurance. It offers commercial banking solutions, including corporate and small business banking, investment real estate financing, business credit, capital market, and lease financing services.

Read More: Book Value Per Share – BVPS

Get a free copy of the Zacks research report on F.N.B. (FNB)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for F.N.B. (NYSE:FNB)

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.



Latest News

Strategic Wealth Partners Ltd. Has $103,000 Holdings in Valero Energy Co.
Strategic Wealth Partners Ltd. Has $103,000 Holdings in Valero Energy Co.
Strategic Wealth Partners Ltd. Decreases Stake in AFLAC Incorporated
Strategic Wealth Partners Ltd. Decreases Stake in AFLAC Incorporated
Booking Holdings Inc.  Stock Position Decreased by Strategic Wealth Partners Ltd.
Booking Holdings Inc. Stock Position Decreased by Strategic Wealth Partners Ltd.
Cognizant Technology Solutions Corp  Stake Cut by Reynders McVeigh Capital Management LLC
Cognizant Technology Solutions Corp Stake Cut by Reynders McVeigh Capital Management LLC
Reynders McVeigh Capital Management LLC Reduces Stock Position in Air Products & Chemicals, Inc.
Reynders McVeigh Capital Management LLC Reduces Stock Position in Air Products & Chemicals, Inc.
Elite Reaches Market Cap of $418,029.00
Elite Reaches Market Cap of $418,029.00


 
© 2006-2019 Zolmax.