F.N.B. Co. (NYSE:FNB) Declares Quarterly Dividend of $0.12

F.N.B. Co. (NYSE:FNB) announced a quarterly dividend on Tuesday, April 30th, Zacks reports. Shareholders of record on Thursday, June 6th will be paid a dividend of 0.12 per share by the bank on Saturday, June 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date of this dividend is Thursday, June 6th.

F.N.B. Stock Up 0.2 %

Shares of NYSE FNB traded up $0.03 during midday trading on Thursday, hitting $13.62. The company’s stock had a trading volume of 206,156 shares, compared to its average volume of 2,163,487. The business’s fifty day simple moving average is $13.49 and its two-hundred day simple moving average is $12.91. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.92 and a quick ratio of 0.91. F.N.B. has a 1 year low of $10.09 and a 1 year high of $14.19. The firm has a market capitalization of $4.89 billion, a price-to-earnings ratio of 10.99, a price-to-earnings-growth ratio of 9.44 and a beta of 1.00.

F.N.B. (NYSE:FNB) last posted its quarterly earnings data on Thursday, April 18th. The bank reported $0.34 EPS for the quarter, beating the consensus estimate of $0.33 by $0.01. F.N.B. had a net margin of 19.73% and a return on equity of 9.51%. The business had revenue of $406.87 million during the quarter, compared to analyst estimates of $406.96 million. During the same quarter last year, the firm posted $0.40 earnings per share. On average, equities analysts predict that F.N.B. will post 1.41 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Bank of America assumed coverage on shares of F.N.B. in a research note on Thursday, January 11th. They issued a “buy” rating and a $15.00 price objective for the company. Wells Fargo & Company lifted their price target on shares of F.N.B. from $14.00 to $16.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. Raymond James lifted their price target on shares of F.N.B. from $14.00 to $16.00 and gave the stock an “outperform” rating in a research note on Monday, January 22nd. Stephens decreased their price target on shares of F.N.B. from $16.00 to $15.00 and set an “overweight” rating for the company in a research note on Friday, April 19th. Finally, StockNews.com downgraded shares of F.N.B. from a “hold” rating to a “sell” rating in a research note on Friday, February 16th. One analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, F.N.B. currently has an average rating of “Moderate Buy” and an average price target of $15.00.

Insider Transactions at F.N.B.

In other F.N.B. news, Director William B. Campbell bought 2,500 shares of the business’s stock in a transaction dated Tuesday, April 23rd. The shares were acquired at an average cost of $13.48 per share, with a total value of $33,700.00. Following the acquisition, the director now directly owns 149,458 shares of the company’s stock, valued at approximately $2,014,693.84. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last quarter, insiders purchased 6,500 shares of company stock worth $87,505. 1.03% of the stock is currently owned by insiders.

About F.N.B.

F.N.B. Corporation, a bank and financial holding company, provides a range of financial products and services primarily to consumers, corporations, governments, and small- to medium-sized businesses in the United States. The company operates through three segments: Community Banking, Wealth Management, and Insurance.