F.N.B. Corp (NYSE:FNB) Director Frank C. Mencini purchased 2,000 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were purchased at an average price of $13.81 per share, for a total transaction of $27,620.00. Following the acquisition, the director now owns 24,611 shares of the company’s stock, valued at $339,877.91. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of F.N.B. Corp (NYSE:FNB) traded up $0.09 during mid-day trading on Monday, reaching $13.84. 996,897 shares of the company traded hands, compared to its average volume of 2,406,960. F.N.B. Corp has a 52 week low of $12.02 and a 52 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. The stock has a market capitalization of $4,447.65, a PE ratio of 22.62, a P/E/G ratio of 1.28 and a beta of 0.91.
F.N.B. (NYSE:FNB) last issued its earnings results on Tuesday, January 23rd. The bank reported $0.24 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.24. F.N.B. had a net margin of 16.00% and a return on equity of 6.69%. The company had revenue of $295.14 million for the quarter, compared to analysts’ expectations of $295.89 million. During the same quarter last year, the company posted $0.24 earnings per share. analysts predict that F.N.B. Corp will post 1.13 EPS for the current year.
A number of equities research analysts have recently commented on FNB shares. Jefferies Group reiterated a “buy” rating and set a $17.00 price target on shares of F.N.B. in a report on Thursday, January 25th. Boenning Scattergood started coverage on shares of F.N.B. in a report on Tuesday, January 23rd. They set a “buy” rating on the stock. SunTrust Banks reiterated a “buy” rating and set a $17.00 price target on shares of F.N.B. in a report on Tuesday, January 9th. Zacks Investment Research upgraded shares of F.N.B. from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a report on Wednesday, January 3rd. Finally, Stephens started coverage on shares of F.N.B. in a report on Wednesday, December 13th. They set an “equal weight” rating on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. F.N.B. has a consensus rating of “Buy” and a consensus price target of $17.10.
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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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