F.N.B. Corp. Director Buys $52,635 in Stock (FNB)
F.N.B. Corp. (NYSE:FNB) Director John S. Stanik bought 4,350 shares of the company’s stock in a transaction that occurred on Wednesday, May 7th. The shares were purchased at an average cost of $12.10 per share, with a total value of $52,635.00. Following the completion of the transaction, the director now directly owns 13,283 shares of the company’s stock, valued at approximately $160,724. The purchase was disclosed in a legal filing with the SEC, which is available at this link.
Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of F.N.B. Corp. in a research note on Monday, April 28th. They now have a $14.00 price target on the stock. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $13.96.
F.N.B. Corp. (NYSE:FNB) traded up 1.42% on Wednesday, hitting $12.15. The stock had a trading volume of 1,112,463 shares. F.N.B. Corp. has a one year low of $11.01 and a one year high of $13.70. The stock has a 50-day moving average of $12.97 and a 200-day moving average of $12.56. The company has a market cap of $1.956 billion and a P/E ratio of 14.94.
F.N.B. Corp. (NYSE:FNB) last issued its earnings results on Wednesday, April 23rd. The company reported $0.20 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.20. During the same quarter in the prior year, the company posted $0.20 earnings per share. On average, analysts predict that F.N.B. Corp. will post $0.84 earnings per share for the current fiscal year.
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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