F.N.B. Co. (NYSE:FNB) – Investment analysts at Jefferies Financial Group boosted their Q1 2021 EPS estimates for shares of F.N.B. in a research report issued to clients and investors on Friday, April 9th. Jefferies Financial Group analyst C. Haire now anticipates that the bank will post earnings of $0.27 per share for the quarter, up from their prior forecast of $0.25. Jefferies Financial Group also issued estimates for F.N.B.’s Q2 2021 earnings at $0.27 EPS, Q3 2021 earnings at $0.27 EPS, Q4 2021 earnings at $0.28 EPS, FY2021 earnings at $1.09 EPS and FY2022 earnings at $1.12 EPS.
Separately, Zacks Investment Research raised F.N.B. from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a research report on Tuesday, March 23rd.
NYSE:FNB opened at $12.89 on Monday. F.N.B. has a 52 week low of $5.86 and a 52 week high of $13.82. The firm has a 50-day moving average price of $12.61 and a two-hundred day moving average price of $9.93. The firm has a market cap of $4.13 billion, a price-to-earnings ratio of 13.86 and a beta of 1.34. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.85 and a current ratio of 0.88. F.N.B. (NYSE:FNB) last announced its earnings results on Monday, January 18th. The bank reported $0.28 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.04. F.N.B. had a net margin of 21.08% and a return on equity of 6.83%. The company had revenue of $302.76 million during the quarter, compared to the consensus estimate of $304.34 million.
A number of large investors have recently added to or reduced their stakes in the business. Neo Ivy Capital Management bought a new position in shares of F.N.B. during the 3rd quarter worth $27,000. Vestor Capital LLC bought a new position in F.N.B. during the fourth quarter worth about $48,000. Ellevest Inc. increased its stake in shares of F.N.B. by 62.8% in the fourth quarter. Ellevest Inc. now owns 6,631 shares of the bank’s stock worth $63,000 after purchasing an additional 2,559 shares in the last quarter. Peconic Partners LLC bought a new stake in shares of F.N.B. in the fourth quarter valued at approximately $71,000. Finally, Eudaimonia Partners LLC lifted its stake in shares of F.N.B. by 58.5% during the 3rd quarter. Eudaimonia Partners LLC now owns 12,204 shares of the bank’s stock valued at $83,000 after buying an additional 4,505 shares in the last quarter. 72.28% of the stock is owned by institutional investors and hedge funds.
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 15th. Investors of record on Friday, March 5th were issued a dividend of $0.12 per share. The ex-dividend date was Thursday, March 4th. This represents a $0.48 dividend on an annualized basis and a yield of 3.72%. F.N.B.’s dividend payout ratio (DPR) is presently 40.68%.
F.N.B. Company Profile
F.N.B. Corporation, a financial holding company, provides a range of financial services primarily to consumers, corporations, governments, and small- to medium-sized businesses. The company operates through three segments: Community Banking, Wealth Management, and Insurance. It offers commercial banking solutions, including corporate and small business banking, investment real estate financing, business credit, capital market, and lease financing services.