Zacks Research Forecasts F.N.B.’s FY2025 Earnings (NYSE:FNB)

F.N.B. Co. (NYSE:FNB) – Investment analysts at Zacks Research increased their FY2025 earnings estimates for shares of F.N.B. in a note issued to investors 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 previous forecast of $1.39. The consensus estimate for F.N.B.’s current full-year earnings is $1.45 per share.

Other equities research analysts have also recently issued research reports about the stock. Piper Sandler reduced 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 research report on Thursday, January 23rd. Wells Fargo & Company reduced 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. Raymond James increased their price target on F.N.B. from $17.00 to $19.00 and gave the company an “outperform” rating in a research note on Thursday, November 21st. Keefe, Bruyette & Woods lifted their price objective on F.N.B. from $16.00 to $18.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. Finally, 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. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, F.N.B. has a consensus rating of “Moderate Buy” and a consensus target price of $18.50.

F.N.B. Stock Performance

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

F.N.B. Dividend Announcement

The company also recently declared 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 is Monday, March 3rd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.30%. F.N.B.’s dividend payout ratio is presently 38.10%.

Insider Activity at F.N.B.

In other F.N.B. news, Director David L. Motley sold 15,000 shares of the company’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $15.51, for a total value of $232,650.00. Following the transaction, the director now 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 sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Vincent J. Delie, Jr. sold 125,000 shares of F.N.B. stock in a transaction on Friday, December 6th. The stock was sold at an average price of $16.50, for a total value of $2,062,500.00. Following the sale, 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 disclosure for this sale can be found here. 1.03% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Creative Planning grew its stake in F.N.B. by 3.0% in the third quarter. Creative Planning now owns 60,731 shares of the bank’s stock worth $857,000 after purchasing an additional 1,757 shares in the last quarter. Signaturefd LLC raised its holdings in F.N.B. by 16.7% in the third quarter. Signaturefd LLC now owns 5,592 shares of the bank’s stock worth $79,000 after purchasing an additional 799 shares in the last quarter. Assenagon Asset Management S.A. purchased a new stake in shares of F.N.B. during the third quarter valued at about $2,223,000. Dakota Wealth Management bought a new stake in shares of F.N.B. in the 3rd quarter valued at about $157,000. Finally, State of Alaska Department of Revenue grew its position in shares of F.N.B. by 7.3% in the 3rd quarter. State of Alaska Department of Revenue now owns 41,581 shares of the bank’s stock worth $586,000 after buying an additional 2,830 shares during the last quarter. Hedge funds and other institutional investors own 79.25% of the company’s stock.

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.