F.N.B. Corp (NYSE:FNB) Director Robert A. Hormell acquired 1,500 shares of the business’s stock in a transaction on Friday, February 9th. The stock was acquired at an average price of $13.40 per share, with a total value of $20,100.00. Following the transaction, the director now directly owns 64,119 shares of the company’s stock, valued at approximately $859,194.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
F.N.B. Corp (NYSE:FNB) traded up $0.11 during midday trading on Monday, hitting $13.86. The stock had a trading volume of 1,111,279 shares, compared to its average volume of 2,409,541. The firm has a market cap of $4,447.65, a price-to-earnings ratio of 22.69, a P/E/G ratio of 1.28 and a beta of 0.91. F.N.B. Corp has a fifty-two week low of $12.02 and a fifty-two week high of $16.33. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.16.
F.N.B. (NYSE:FNB) last released its quarterly earnings data on Tuesday, January 23rd. The bank reported $0.24 earnings per share for the quarter, meeting the consensus estimate of $0.24. The business had revenue of $295.14 million for the quarter, compared to analyst estimates of $295.89 million. F.N.B. had a return on equity of 6.69% and a net margin of 16.00%. During the same period in the previous year, the company posted $0.24 EPS. equities analysts expect that F.N.B. Corp will post 1.13 earnings per share for the current fiscal year.
A number of brokerages have recently weighed in on FNB. Boenning Scattergood began coverage on F.N.B. in a research report on Tuesday, January 23rd. They issued a “buy” rating for the company. ValuEngine cut F.N.B. from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Jefferies Group restated a “buy” rating and issued a $17.00 price target on shares of F.N.B. in a research report on Thursday, January 25th. Zacks Investment Research upgraded F.N.B. from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 19th. Finally, SunTrust Banks reiterated a “buy” rating and set a $17.00 price objective on shares of F.N.B. in a research report on Tuesday, January 9th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $17.10.
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F.N.B. Company Profile
F.N.B. Corporation is a financial holding company. The Company operates through four segments: Community Banking, Wealth Management, Insurance and Consumer Finance. Its Community Banking segment consists of First National Bank of Pennsylvania (FNBPA), which offers services, including commercial and individual demand, savings and time deposit accounts and commercial, mortgage and individual installment loans.
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