F.N.B. (NYSE:FNB) announced its quarterly earnings data on Monday. The bank reported $0.28 EPS for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.04, MarketWatch Earnings reports. F.N.B. had a net margin of 21.08% and a return on equity of 6.83%.
F.N.B. stock traded down $0.38 during mid-day trading on Wednesday, reaching $10.71. The company had a trading volume of 114,323 shares, compared to its average volume of 2,474,957. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.88 and a quick ratio of 0.85. The stock’s 50-day simple moving average is $9.83 and its 200-day simple moving average is $8.15. F.N.B. has a 1 year low of $5.05 and a 1 year high of $12.75. The company has a market capitalization of $3.46 billion, a P/E ratio of 11.92 and a beta of 1.34.
The business also recently announced a quarterly dividend, which will be paid on Monday, March 15th. Shareholders of record on Friday, March 5th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Thursday, March 4th. This represents a $0.48 dividend on an annualized basis and a yield of 4.48%. F.N.B.’s dividend payout ratio (DPR) is presently 40.68%.
In other F.N.B. news, Director Mary Jo Dively acquired 3,000 shares of the company’s stock in a transaction dated Wednesday, December 2nd. The stock was acquired at an average cost of $9.12 per share, with a total value of $27,360.00. Following the purchase, the director now directly owns 47,517 shares in the company, valued at approximately $433,355.04. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last three months, insiders have bought 7,000 shares of company stock valued at $56,620. Corporate insiders own 0.59% of the company’s stock.
A number of research analysts have issued reports on the stock. Stephens cut shares of F.N.B. from an “overweight” rating to an “equal weight” rating and set a $10.00 target price for the company. in a report on Wednesday, November 25th. TheStreet raised shares of F.N.B. from a “c+” rating to a “b” rating in a report on Monday, November 16th. Finally, Zacks Investment Research raised shares of F.N.B. from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a report on Wednesday, January 6th.
F.N.B. Company Profile
F.N.B. Corporation, a financial holding company, provides a range of financial services primarily to consumers, corporations, governments, and small- to medium-sized businesses. The company operates through three segments: Community Banking, Wealth Management, and Insurance. It offers commercial banking solutions, including corporate and small business banking, investment real estate financing, business credit, capital market, and lease financing services.
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