F.N.B. Corp. Director Buys $35,931 in Stock (FNB)
F.N.B. Corp. (NYSE:FNB) Director Laura E. Ellsworth bought 2,900 shares of the stock in a transaction that occurred on Monday, January 27th. The stock was purchased at an average cost of $12.39 per share, with a total value of $35,931.00. Following the completion of the purchase, the director now directly owns 7,967 shares in the company, valued at approximately $98,711. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of F.N.B. Corp. (NYSE:FNB) traded down 2.63% on Wednesday, hitting $11.86. The stock had a trading volume of 844,095 shares. F.N.B. Corp. has a 52-week low of $11.01 and a 52-week high of $13.35. The stock has a 50-day moving average of $12.52 and a 200-day moving average of $12.49. The company has a market cap of $1.874 billion and a price-to-earnings ratio of 15.23.
F.N.B. Corp. (NYSE:FNB) last released its earnings data on Tuesday, January 21st. The company reported $0.21 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.21. During the same quarter last year, the company posted $0.23 earnings per share. On average, analysts predict that F.N.B. Corp. will post $0.82 earnings per share for the current fiscal year.
The company also recently declared a dividend, which is scheduled for Tuesday, February 18th. Investors of record on Friday, January 31st will be given a dividend of 20.94 per share. The ex-dividend date of this dividend is Wednesday, January 29th.
Several analysts have recently commented on the stock. Analysts at Guggenheim raised their price target on shares of F.N.B. Corp. from $13.00 to $14.00 in a research note to investors on Tuesday, January 14th. They now have a “neutral” rating on the stock. Separately, analysts at Jefferies Group initiated coverage on shares of F.N.B. Corp. in a research note to investors on Monday, January 13th. They set a “buy” rating and a $14.50 price target on the stock. Finally, analysts at BMO Capital Markets upgraded shares of F.N.B. Corp. from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, January 7th. They now have a $15.00 price target on the stock, up previously from $14.00. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $14.04.
F.N.B. Corporation is a financial holding company and a bank holding company. The Company has four business segments: Community Banking, Wealth Management, Insurance and Consumer Finance.
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