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

F.N.B. (NYSE:FNB) is projected to release its earnings data 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 Down 0.1 %

Shares of FNB opened at $11.78 on Monday. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market capitalization of $4.24 billion, a price-to-earnings ratio of 9.35, a price-to-earnings-growth ratio of 3.60 and a beta of 0.86. F.N.B. has a 1 year low of $10.88 and a 1 year high of $17.70. The business’s 50 day simple moving average is $13.90 and its 200-day simple moving average is $14.81.

F.N.B. Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Wells Fargo & Company reduced 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 report on Wednesday, April 9th. DA Davidson boosted their price objective on F.N.B. from $19.00 to $20.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Finally, Piper Sandler decreased their price objective on F.N.B. from $19.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday, January 23rd. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.17.

Insiders Place Their Bets

In other news, Director William B. Campbell bought 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The shares were purchased at an average cost of $15.57 per share, with a total value of $46,710.00. Following the transaction, the director now directly owns 158,834 shares in the company, valued at approximately $2,473,045.38. The trade was a 1.93 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director David L. Motley sold 15,000 shares of the stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $15.51, for a total transaction of $232,650.00. Following the completion of the transaction, the director now owns 65,344 shares in the company, valued at approximately $1,013,485.44. This trade represents a 18.67 % decrease in their position. The disclosure for this sale can be found here. 1.03% of the stock is currently owned by company insiders.

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.