F.N.B. (FNB) Scheduled to Post Quarterly Earnings on Wednesday

F.N.B. (NYSE:FNB) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, July 17th. Analysts expect F.N.B. to post earnings of $0.34 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

F.N.B. (NYSE:FNB) last posted its earnings results on Thursday, April 18th. The bank reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $406.96 million. During the same quarter in the prior year, the firm posted $0.40 EPS. On average, analysts expect F.N.B. to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

F.N.B. Price Performance

FNB stock opened at $14.75 on Tuesday. 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 one year low of $10.24 and a one year high of $14.90. The stock has a market cap of $5.31 billion, a PE ratio of 11.90, a P/E/G ratio of 10.20 and a beta of 0.99. The firm has a 50 day simple moving average of $13.59 and a two-hundred day simple moving average of $13.51.

F.N.B. Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, June 15th. Stockholders of record on Thursday, June 6th were paid a $0.12 dividend. The ex-dividend date of this dividend was Thursday, June 6th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.25%. F.N.B.’s dividend payout ratio (DPR) is 38.71%.

Insiders Place Their Bets

In related news, Director William B. Campbell acquired 2,500 shares of the firm’s stock in a transaction on Tuesday, April 23rd. The stock was acquired at an average cost of $13.48 per share, for a total transaction of $33,700.00. Following the acquisition, the director now owns 149,458 shares of the company’s stock, valued at $2,014,693.84. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on FNB. Stephens cut their price objective 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. Wells Fargo & Company increased their price target on shares of F.N.B. from $14.00 to $16.00 and gave the company an “overweight” rating in a research report on Wednesday, April 10th. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $16.00 price target on shares of F.N.B. in a research report on Wednesday, June 26th. Finally, StockNews.com raised shares of F.N.B. from a “sell” rating to a “hold” rating in a research report on Monday, May 27th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $15.14.

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.