What is DA Davidson’s Estimate for F.N.B. FY2025 Earnings?

F.N.B. Co. (NYSE:FNB) – Analysts at DA Davidson lowered their FY2025 earnings estimates for F.N.B. in a note issued to investors on Thursday, December 19th. DA Davidson analyst M. Navas now forecasts that the bank will earn $1.45 per share for the year, down from their prior forecast of $1.50. The consensus estimate for F.N.B.’s current full-year earnings is $1.34 per share.

F.N.B. (NYSE:FNB) last announced its quarterly earnings results on Thursday, October 17th. The bank reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.02). The company had revenue of $413.02 million during the quarter, compared to analysts’ expectations of $409.80 million. F.N.B. had a net margin of 16.29% and a return on equity of 8.49%.

Other equities research analysts have also recently issued research reports about the stock. Raymond James increased their target price on shares of F.N.B. from $17.00 to $19.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Wells Fargo & Company boosted their target price on F.N.B. from $16.00 to $19.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 3rd. StockNews.com upgraded F.N.B. from a “sell” rating to a “hold” rating in a research note on Monday, October 21st. Stephens boosted their price target on F.N.B. from $16.00 to $18.00 and gave the stock an “overweight” rating in a research note on Monday, October 21st. Finally, Keefe, Bruyette & Woods increased their price objective on shares of F.N.B. from $16.00 to $18.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th. 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 $17.67.

F.N.B. Stock Performance

Shares of F.N.B. stock opened at $14.50 on Friday. F.N.B. has a one year low of $12.49 and a one year high of $17.70. The company has a market capitalization of $5.21 billion, a PE ratio of 13.30 and a beta of 0.99. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.92 and a current ratio of 0.93. The company has a 50-day simple moving average of $15.71 and a two-hundred day simple moving average of $14.58.

Hedge Funds Weigh In On F.N.B.

Institutional investors have recently made changes to their positions in the company. CWM LLC lifted its position in shares of F.N.B. by 0.4% during the 3rd quarter. CWM LLC now owns 379,995 shares of the bank’s stock valued at $5,362,000 after buying an additional 1,527 shares in the last quarter. Jane Street Group LLC boosted its holdings in F.N.B. by 780.7% in the 3rd quarter. Jane Street Group LLC now owns 357,057 shares of the bank’s stock worth $5,038,000 after buying an additional 316,515 shares during the last quarter. Petiole USA ltd increased its stake in F.N.B. by 48.1% during the 3rd quarter. Petiole USA ltd now owns 175,421 shares of the bank’s stock worth $2,475,000 after buying an additional 57,000 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in F.N.B. during the 3rd quarter worth approximately $447,000. Finally, AQR Capital Management LLC lifted its position in shares of F.N.B. by 181.6% in the second quarter. AQR Capital Management LLC now owns 3,047,133 shares of the bank’s stock valued at $41,045,000 after acquiring an additional 1,964,884 shares in the last quarter. 79.25% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Vincent J. Delie, Jr. sold 125,000 shares of the firm’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $16.50, for a total transaction of $2,062,500.00. Following the sale, the chief executive officer now directly owns 1,652,229 shares of the company’s stock, valued at $27,261,778.50. This trade represents a 7.03 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.03% of the stock is currently owned by corporate insiders.

F.N.B. Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Sunday, December 15th. Stockholders of record on Monday, December 2nd were paid a $0.12 dividend. The ex-dividend date was Monday, December 2nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.31%. F.N.B.’s payout ratio is currently 44.04%.

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.