F.N.B. Corporation (NYSE:FNB) Receiving Somewhat Positive News Coverage, Analysis Shows
News headlines about F.N.B. Corporation (NYSE:FNB) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. F.N.B. Corporation earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave media stories about the bank an impact score of 46.7532612148331 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have effected Accern’s analysis:
- See what the IHS Markit Score report has to say about F.N.B. Corp. (finance.yahoo.com)
- F.N.B. Corporation (NYSE:FNB) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
- Gary L. Guerrieri Sells 7,000 Shares of F.N.B. Corporation (FNB) Stock (americanbankingnews.com)
- Neuberger Berman Group LLC Adjusts Its Holdings in FNB Corporation (FNB) – Modern Readers (modernreaders.com)
- Dividend Yielding stock: FNB Corporation (FNB) to observe with rate of 3.58% – Voice Of Analysts (analystsbuzz.com)
F.N.B. Corporation (NYSE FNB) opened at 12.99 on Friday. F.N.B. Corporation has a 52 week low of $11.86 and a 52 week high of $16.43. The firm has a 50-day moving average price of $13.83 and a 200-day moving average price of $14.43. The stock has a market capitalization of $4.17 billion, a PE ratio of 16.72 and a beta of 0.94.
F.N.B. Corporation (NYSE:FNB) last posted its quarterly earnings data on Thursday, July 20th. The bank reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. The business had revenue of $284.50 million during the quarter, compared to analyst estimates of $294.39 million. F.N.B. Corporation had a return on equity of 6.97% and a net margin of 19.43%. The company’s revenue for the quarter was up 24.8% on a year-over-year basis. During the same period last year, the company earned $0.22 EPS. Equities research analysts predict that F.N.B. Corporation will post $0.95 EPS for the current fiscal year.
A number of analysts recently weighed in on the company. Keefe, Bruyette & Woods upgraded F.N.B. Corporation to a “hold” rating and set a $16.00 target price for the company in a research report on Monday, June 5th. BidaskClub upgraded F.N.B. Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Jefferies Group LLC restated a “buy” rating and issued a $18.00 target price on shares of F.N.B. Corporation in a research report on Friday. J P Morgan Chase & Co upgraded F.N.B. Corporation from a “neutral” rating to an “overweight” rating and set a $17.50 target price for the company in a research report on Tuesday, May 23rd. Finally, Zacks Investment Research downgraded F.N.B. Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, June 27th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $17.75.
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In other news, insider Gary L. Guerrieri sold 19,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $14.17, for a total value of $269,230.00. Following the completion of the sale, the insider now directly owns 55,707 shares of the company’s stock, valued at approximately $789,368.19. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frank C. Mencini acquired 2,500 shares of the stock in a transaction dated Tuesday, August 8th. The stock was bought at an average cost of $13.57 per share, with a total value of $33,925.00. Following the completion of the purchase, the director now directly owns 19,977 shares in the company, valued at $271,087.89. The disclosure for this purchase can be found here. Insiders sold a total of 29,000 shares of company stock valued at $403,260 over the last ninety days. Corporate insiders own 1.21% of the company’s stock.
About F.N.B. Corporation
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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