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

Key Points

• Zacks Research raised F.N.B.’s Q1 2028 EPS estimate to $0.53 from $0.52, while the current full-year consensus estimate stands at $1.69 per share.
• Analyst sentiment is broadly positive: F.N.B. has a “Moderate Buy” consensus rating and a $20.75 average price target, compared with a recent share price of $17.66.
• F.N.B. reported quarterly EPS of $0.42, matching expectations, and maintains a quarterly dividend of $0.13, equivalent to a 2.9% annualized yield. Institutional investors own 79.25% of the company.

F.N.B. Corporation (NYSE:FNB - Free Report) - Investment analysts at Zacks Research lifted their Q1 2028 earnings per share estimates for shares of F.N.B. in a report issued on Thursday, September 24th. Zacks Research analyst Team now forecasts that the bank will post earnings of $0.53 per share for the quarter, up from their prior estimate of $0.52. The consensus estimate for F.N.B.'s current full-year earnings is $1.69 per share.

Other analysts also recently issued research reports about the stock. Piper Sandler reissued an "overweight" rating on shares of F.N.B. in a report on Monday, July 20th. Wall Street Zen raised F.N.B. from a "sell" rating to a "hold" rating in a research note on Saturday, August 15th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of F.N.B. in a research note on Friday, September 4th. UBS Group began coverage on F.N.B. in a research report on Monday, September 14th. They set a "neutral" rating and a $20.00 target price on the stock. Finally, Wells Fargo & Company raised their price target on F.N.B. from $21.00 to $22.00 and gave the company an "overweight" rating in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, F.N.B. currently has a consensus rating of "Moderate Buy" and a consensus target price of $20.75.

F.N.B. Stock Performance

NYSE:FNB opened at $17.66 on Monday. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 0.29. F.N.B. has a fifty-two week low of $14.45 and a fifty-two week high of $19.59. The stock has a market cap of $6.23 billion, a PE ratio of 10.51, a price-to-earnings-growth ratio of 1.12 and a beta of 0.84. The firm's fifty day simple moving average is $18.60 and its 200-day simple moving average is $18.01.

F.N.B. (NYSE:FNB - Get Free Report) last issued its earnings results on Friday, July 17th. The bank reported $0.42 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.42. The business had revenue of $463.00 million during the quarter, compared to the consensus estimate of $467.13 million. F.N.B. had a return on equity of 9.10% and a net margin of 22.29%.During the same period in the prior year, the business posted $0.36 EPS.

F.N.B. Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 2.9%. The ex-dividend date was Tuesday, September 1st. F.N.B.'s dividend payout ratio is presently 30.95%.

Insider Buying and Selling

In related news, insider Bryant Mitchell David sold 4,055 shares of the stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $19.25, for a total transaction of $78,058.75. Following the transaction, the insider directly 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 filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.50% of the company's stock.

Institutional Investors Weigh In On F.N.B.

Institutional investors have recently bought and sold shares of the stock. Rhino Investment Partners Inc raised its position in shares of F.N.B. by 47.8% in the 1st quarter. Rhino Investment Partners Inc now owns 1,207,418 shares of the bank's stock worth $20,188,000 after buying an additional 390,526 shares during the period. Amundi increased its stake in F.N.B. by 980.6% during the second quarter. Amundi now owns 382,193 shares of the bank's stock worth $7,292,000 after acquiring an additional 346,824 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of F.N.B. by 585.2% in the 1st quarter. SG Americas Securities LLC now owns 358,244 shares of the bank's stock worth $5,990,000 after purchasing an additional 305,961 shares during the period. Hillsdale Investment Management Inc. purchased a new position in shares of F.N.B. in the 1st quarter worth about $3,381,000. Finally, Wellington Management Group LLP lifted its stake in shares of F.N.B. by 12.5% in the 2nd quarter. Wellington Management Group LLP now owns 1,318,016 shares of the bank's stock valued at $25,148,000 after purchasing an additional 146,571 shares in the last quarter. 79.25% of the stock is currently owned by hedge funds and other institutional investors.

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.

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