F.N.B. Stock Gets Stronger EPS Estimate from Zacks Research

F.N.B. Corporation (NYSE:FNB) – Analysts at Zacks Research lifted their Q1 2028 EPS estimates for F.N.B. in a research note issued to investors on Thursday, September 24th. Zacks Research analyst Team now anticipates that the bank will post earnings per share of $0.53 for the quarter, up from their previous forecast of $0.52. The consensus estimate for F.N.B.’s current full-year earnings is $1.69 per share.

Other research analysts also recently issued reports about the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of F.N.B. in a report on Friday, September 4th. Truist Financial reduced their price objective on F.N.B. from $21.00 to $20.50 and set a “buy” rating for the company in a report on Monday, July 20th. UBS Group started coverage on F.N.B. in a research report on Monday, September 14th. They issued a “neutral” rating and a $20.00 target price for the company. Piper Sandler restated an “overweight” rating on shares of F.N.B. in a research note on Monday, July 20th. Finally, Wall Street Zen raised shares of F.N.B. from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $20.75.

F.N.B. Stock Down 0.7%

F.N.B. stock opened at $17.32 on Monday. F.N.B. has a 12 month low of $14.45 and a 12 month high of $19.59. The stock has a fifty day simple moving average of $18.54 and a two-hundred day simple moving average of $18.02. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.29. The firm has a market cap of $6.11 billion, a price-to-earnings ratio of 10.31, a PEG ratio of 1.11 and a beta of 0.84.

F.N.B. (NYSE:FNB) last released its quarterly earnings data on Friday, July 17th. The bank reported $0.42 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.42. F.N.B. had a return on equity of 9.10% and a net margin of 22.29%.The business had revenue of $463.00 million for the quarter, compared to analysts’ expectations of $467.13 million. During the same period in the prior year, the firm posted $0.36 EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Root Financial Partners LLC increased its position in shares of F.N.B. by 66.8% during the 1st quarter. Root Financial Partners LLC now owns 2,047 shares of the bank’s stock valued at $34,000 after purchasing an additional 820 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of F.N.B. by 50.7% in the second quarter. Parkside Financial Bank & Trust now owns 3,289 shares of the bank’s stock worth $63,000 after buying an additional 1,106 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of F.N.B. by 61.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,602 shares of the bank’s stock worth $62,000 after buying an additional 1,369 shares during the last quarter. Nykredit A S bought a new stake in F.N.B. during the second quarter valued at approximately $121,000. Finally, Pinnacle Holdings LLC bought a new stake in F.N.B. during the second quarter valued at approximately $135,000. 79.25% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at F.N.B.

In related news, insider Bryant Mitchell David sold 4,055 shares of the company’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $19.25, for a total transaction of $78,058.75. Following the completion of the sale, the insider owned 144,283 shares in the company, valued at approximately $2,777,447.75. This represents a 2.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.50% of the stock is owned by insiders.

F.N.B. Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were issued a $0.13 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $0.52 annualized dividend and a dividend yield of 3.0%. F.N.B.’s payout ratio is presently 30.95%.

F.N.B. Company Profile

F.N.B. Corporation is a diversified financial services company headquartered in Pittsburgh, Pennsylvania. It operates primarily through its banking subsidiary, First National Bank of Pennsylvania, which provides services to consumers, businesses, and institutional clients.

The company offers a broad range of banking products and services, including checking and savings accounts, consumer lending, residential and commercial real estate financing, business loans, treasury management, and wealth management.