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

F.N.B. (NYSE:FNB) is expected to post its quarterly earnings results before the market opens on Wednesday, January 22nd. Analysts expect the company to announce earnings of $0.33 per share and revenue of $407,996.00 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

F.N.B. Stock Performance

Shares of NYSE FNB opened at $15.61 on Tuesday. F.N.B. has a one year low of $12.49 and a one year high of $17.70. The business’s 50-day moving average price is $15.73 and its two-hundred day moving average price is $14.86. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.93 and a quick ratio of 0.92. The company has a market capitalization of $5.61 billion, a P/E ratio of 14.32, a price-to-earnings-growth ratio of 4.41 and a beta of 1.01.

F.N.B. Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Sunday, December 15th. Investors of record on Monday, December 2nd were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 3.07%. The ex-dividend date of this dividend was Monday, December 2nd. F.N.B.’s payout ratio is presently 44.04%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Wells Fargo & Company reduced their price objective on shares of F.N.B. from $19.00 to $18.00 and set an “overweight” rating for the company in a research note on Monday, January 6th. StockNews.com raised F.N.B. from a “sell” rating to a “hold” rating in a report on Monday, October 21st. Stephens increased their price objective on F.N.B. from $16.00 to $18.00 and gave the company an “overweight” rating in a research report on Monday, October 21st. Piper Sandler reaffirmed an “overweight” rating on shares of F.N.B. in a research report on Friday, October 18th. Finally, Keefe, Bruyette & Woods increased their price target on shares of F.N.B. from $16.00 to $18.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, F.N.B. presently has a consensus rating of “Moderate Buy” and an average target price of $18.00.

Insider Buying and Selling

In other news, CEO Vincent J. Delie, Jr. sold 125,000 shares of the business’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of $16.50, for a total value of $2,062,500.00. Following the sale, the chief executive officer now owns 1,652,229 shares in the company, valued at approximately $27,261,778.50. The trade was a 7.03 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.22% of the company’s stock.

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.