F.N.B. (FNB) Projected to Post Quarterly Earnings on Wednesday

F.N.B. (NYSE:FNB) is expected to be releasing its earnings results after the market closes on Wednesday, April 16th. Analysts expect F.N.B. to post earnings of $0.30 per share and revenue of $409.52 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

F.N.B. Stock Performance

Shares of FNB opened at $11.78 on Monday. The company has a market cap of $4.24 billion, a price-to-earnings ratio of 9.35, a P/E/G ratio of 3.60 and a beta of 0.86. The business’s fifty day simple moving average is $13.90 and its two-hundred day simple moving average is $14.81. F.N.B. has a 12 month low of $10.88 and a 12 month high of $17.70. 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. Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, March 15th. Investors of record on Monday, March 3rd were given a dividend of $0.12 per share. The ex-dividend date was Monday, March 3rd. This represents a $0.48 annualized dividend and a dividend yield of 4.07%. F.N.B.’s dividend payout ratio (DPR) is presently 38.10%.

Insider Buying and Selling at F.N.B.

In other news, Director David L. Motley sold 15,000 shares of the business’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 transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director William B. Campbell bought 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The shares were bought at an average price of $15.57 per share, with a total value of $46,710.00. Following the transaction, the director now owns 158,834 shares of the company’s stock, valued at $2,473,045.38. The trade was a 1.93 % increase in their position. The disclosure for this purchase can be found here. 1.03% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have issued reports on FNB shares. Wells Fargo & Company lowered their target price on shares of F.N.B. from $18.00 to $16.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 9th. DA Davidson increased their price objective on shares of F.N.B. from $19.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. Finally, Piper Sandler cut their target price on shares of F.N.B. from $19.00 to $18.00 and set an “overweight” rating for the company in a research report on Thursday, January 23rd. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, F.N.B. presently has an average rating of “Moderate Buy” and a consensus target price of $18.17.

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.