F.N.B. Stock Gets Reduced EPS Forecast from Zacks Research

F.N.B. Corporation (NYSE:FNB) – Research analysts at Zacks Research reduced their Q3 2027 earnings per share (EPS) estimates for F.N.B. in a report issued on Thursday, September 24th. Zacks Research analyst Team now anticipates that the bank will post earnings per share of $0.49 for the quarter, down from their previous estimate of $0.50. The consensus estimate for F.N.B.’s current full-year earnings is $1.69 per share. Zacks Research also issued estimates for F.N.B.’s FY2027 earnings at $1.89 EPS.

FNB has been the subject of a number of other reports. Bank of America restated a “neutral” rating and issued a $19.00 price objective (down from $20.00) on shares of F.N.B. in a report on Monday, July 20th. Piper Sandler restated an “overweight” rating on shares of F.N.B. in a research note on Monday, July 20th. Wells Fargo & Company lifted their price objective on F.N.B. from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of F.N.B. in a research report on Friday, September 4th. Finally, Wall Street Zen raised F.N.B. from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $20.75.

F.N.B. Price Performance

Shares of NYSE:FNB opened at $17.43 on Friday. The company has a market capitalization of $6.15 billion, a PE ratio of 10.38, a PEG ratio of 1.12 and a beta of 0.84. The business has a fifty day moving average price of $18.63 and a 200-day moving average price of $18.00. F.N.B. has a 1-year low of $14.45 and a 1-year high of $19.59. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.92 and a quick ratio of 0.91.

F.N.B. (NYSE:FNB) last issued its quarterly earnings results on Friday, July 17th. The bank reported $0.42 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.42. F.N.B. had a net margin of 22.29% and a return on equity of 9.10%. The company had revenue of $463.00 million during the quarter, compared to analyst estimates of $467.13 million. During the same period last year, the business earned $0.36 EPS.

Institutional Trading of F.N.B.

Several institutional investors have recently made changes to their positions in FNB. Rhino Investment Partners Inc grew its stake in F.N.B. by 47.8% in the 1st quarter. Rhino Investment Partners Inc now owns 1,207,418 shares of the bank’s stock worth $20,188,000 after acquiring an additional 390,526 shares in the last quarter. Amundi raised its stake in shares of F.N.B. by 980.6% during the second quarter. Amundi now owns 382,193 shares of the bank’s stock valued at $7,292,000 after acquiring an additional 346,824 shares in the last quarter. SG Americas Securities LLC boosted its holdings in shares of F.N.B. by 585.2% in the first quarter. SG Americas Securities LLC now owns 358,244 shares of the bank’s stock valued at $5,990,000 after purchasing an additional 305,961 shares during the period. Hillsdale Investment Management Inc. purchased a new stake in shares of F.N.B. in the first quarter valued at approximately $3,381,000. Finally, Wellington Management Group LLP grew its stake in F.N.B. by 12.5% in the second quarter. Wellington Management Group LLP now owns 1,318,016 shares of the bank’s stock worth $25,148,000 after purchasing an additional 146,571 shares in the last quarter. Hedge funds and other institutional investors own 79.25% of the company’s stock.

Insider Buying and Selling

In other news, insider Bryant Mitchell David sold 4,055 shares of the business’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $19.25, for a total value of $78,058.75. Following the transaction, the insider directly owned 144,283 shares in the company, valued at $2,777,447.75. The trade was a 2.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

F.N.B. Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Tuesday, September 1st. F.N.B.’s dividend payout ratio is presently 30.95%.

F.N.B. Company Profile

F.N.B. Corporation is a diversified financial services company headquartered in Pittsburgh, Pennsylvania. It operates primarily through its banking subsidiary, First National Bank of Pennsylvania, which provides services to consumers, businesses, and institutional clients.

The company offers a broad range of banking products and services, including checking and savings accounts, consumer lending, residential and commercial real estate financing, business loans, treasury management, and wealth management.