Zacks Research Has Bullish Estimate for F.N.B. Q3 Earnings

Key Points

• Zacks Research has raised its Q3 2027 earnings per share estimate for F.N.B. Corporation to $0.49, slightly up from $0.48, with a full-year consensus of $1.45.
• F.N.B. recently announced a quarterly dividend of $0.12 per share, representing a 3.0% annualized yield and a payout ratio of 37.50%.
• Multiple analysts have upgraded their ratings on F.N.B., with a majority giving it a "Buy" rating and an average target price set at $18.64.

F.N.B. Corporation (NYSE:FNB - Free Report) - Analysts at Zacks Research increased their Q3 2027 earnings per share estimates for F.N.B. in a note issued to investors on Monday, September 29th. Zacks Research analyst Team now anticipates that the bank will post earnings of $0.49 per share for the quarter, up from their previous estimate of $0.48. The consensus estimate for F.N.B.'s current full-year earnings is $1.45 per share.

FNB has been the subject of several other research reports. DA Davidson upped their price objective on shares of F.N.B. from $17.00 to $19.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. Wells Fargo & Company upped their price target on shares of F.N.B. from $18.00 to $20.00 and gave the stock an "overweight" rating in a report on Monday, July 21st. Wall Street Zen upgraded shares of F.N.B. from a "sell" rating to a "hold" rating in a research report on Sunday, July 13th. Truist Financial boosted their price objective on shares of F.N.B. from $17.50 to $18.00 and gave the company a "buy" rating in a research report on Tuesday, July 22nd. Finally, Keefe, Bruyette & Woods restated an "outperform" rating and set a $18.50 target price (up from $16.50) on shares of F.N.B. in a research note on Monday, July 21st. Seven investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $18.64.

F.N.B. Stock Performance

FNB opened at $16.05 on Thursday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.93 and a current ratio of 0.93. F.N.B. has a 52-week low of $10.88 and a 52-week high of $17.70. The firm has a market cap of $5.76 billion, a P/E ratio of 12.54, a price-to-earnings-growth ratio of 0.91 and a beta of 0.94. The business's fifty day moving average is $15.98 and its 200-day moving average is $14.62.

F.N.B. (NYSE:FNB - Get Free Report) last posted its quarterly earnings data on Thursday, July 17th. The bank reported $0.36 EPS for the quarter, topping analysts' consensus estimates of $0.33 by $0.03. The firm had revenue of $438.21 million for the quarter, compared to analyst estimates of $424.39 million. F.N.B. had a return on equity of 7.94% and a net margin of 17.88%.During the same quarter last year, the company earned $0.34 EPS.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Rhino Investment Partners Inc acquired a new stake in F.N.B. during the 1st quarter worth about $19,990,000. Goldman Sachs Group Inc. boosted its position in shares of F.N.B. by 77.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,513,248 shares of the bank's stock valued at $20,353,000 after purchasing an additional 660,387 shares in the last quarter. Victory Capital Management Inc. grew its stake in F.N.B. by 485.4% during the first quarter. Victory Capital Management Inc. now owns 748,816 shares of the bank's stock worth $10,072,000 after purchasing an additional 620,891 shares during the period. AQR Capital Management LLC increased its holdings in F.N.B. by 36.4% in the first quarter. AQR Capital Management LLC now owns 1,896,488 shares of the bank's stock worth $25,204,000 after purchasing an additional 505,780 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its stake in F.N.B. by 175.9% in the first quarter. Hsbc Holdings PLC now owns 740,798 shares of the bank's stock valued at $9,935,000 after buying an additional 472,300 shares during the period. 79.25% of the stock is currently owned by institutional investors.

F.N.B. Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Tuesday, September 2nd. F.N.B.'s payout ratio is presently 37.50%.

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.

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