Analysts provide stock recommendations for F.N.B. Corp. (FNB)

F.N.B. Corp. (NYSE: FNB) closed the day trading at $13.13 up 0.54% from the previous closing price of $13.06. In other words, the price has increased by $+0.07 from its previous closing price. On the day, 2021770 shares were traded.

Ratios:

For a better understanding of FNB, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.36.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on January 11, 2024, initiated with a Buy rating and assigned the stock a target price of $15.

On April 04, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $15.

Keefe Bruyette Downgraded its Outperform to Mkt Perform on December 13, 2022, whereas the target price for the stock was revised from $16 to $15.50.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 28 ’24 when CAMPBELL WILLIAM B bought 1,500 shares for $13.52 per share. The transaction valued at 20,274 led to the insider holds 146,888 shares of the business.

CAMPBELL WILLIAM B bought 2,500 shares of FNB for $33,522 on Feb 26 ’24. The Director now owns 145,388 shares after completing the transaction at $13.41 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FNB now has a Market Capitalization of 4.72B. As of this moment, F.N.B.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.00, and their Forward P/E ratio for the next fiscal year is 8.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.11 while its Price-to-Book (P/B) ratio in mrq is 0.79.

Stock Price History:

Over the past 52 weeks, FNB has reached a high of $14.19, while it has fallen to a 52-week low of $10.09. The 50-Day Moving Average of the stock is 13.44, while the 200-Day Moving Average is calculated to be 12.38.

Shares Statistics:

Over the past 3-months, FNB traded about 2.12M shares per day on average, while over the past 10 days, FNB traded about 1.82M shares per day. A total of 358.83M shares are outstanding, with a floating share count of 354.12M. Insiders hold about 1.34% of the company’s shares, while institutions hold 79.78% stake in the company. Shares short for FNB as of Mar 15, 2024 were 9.69M with a Short Ratio of 4.96, compared to 9.74M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.70% and a Short% of Float of 3.54%.

Dividends & Splits

FNB’s forward annual dividend rate is 0.48, up from 0.48 a year ago. Against a Trailing Annual Dividend Yield of 3.68%, it implies a Forward Annual Dividend Yield of 3.42%. The stock’s 5-year Average Dividend Yield is 4.37. The current Payout Ratio is 36.52% for FNB, which recently paid a dividend on Mar 15, 2024 with an ex-dividend date of Mar 05, 2024. Stock splits for the company last occurred on May 13, 2003 when the company split stock in a 105:100 ratio.

Earnings Estimates

Current recommendations for the stock of the company come from 9 analysts. On average, analysts expect EPS of $0.34 for the current quarter, with a high estimate of $0.36 and a low estimate of $0.32, while EPS last year was $0.4. The consensus estimate for the next quarter is $0.35, with high estimates of $0.37 and low estimates of $0.34.

Analysts are recommending an EPS of between $1.5 and $1.33 for the fiscal current year, implying an average EPS of $1.43. EPS for the following year is $1.57, with 9 analysts recommending between $1.65 and $1.45.

Revenue Estimates

7 analysts predict $406.97M in revenue for the current quarter. It ranges from a high estimate of $409.14M to a low estimate of $404.46M. As of the current estimate, F.N.B. Corp.’s year-ago sales were $416.04M, an estimated decrease of -2.20% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $411.37M, an increase of 1.30% over than the figure of -$2.20% in the same quarter last year. There is a high estimate of $417.49M for the next quarter, whereas the lowest estimate is $406.56M.

A total of 7 analysts have provided revenue estimates for FNB’s current fiscal year. The highest revenue estimate was $1.68B, while the lowest revenue estimate was $1.64B, resulting in an average revenue estimate of $1.66B. In the same quarter a year ago, actual revenue was $1.57B, up 6.00% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $1.77B in the next fiscal year. The high estimate is $1.81B and the low estimate is $1.7B. The average revenue growth estimate for next year is up 6.10% from the average revenue estimate for this year.

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