F.N.B. Corporation (NYSE:FNB):
First National Bank Among First Banks Nationwide to Join Zelle Network(SM).
The company is trading unchanged by 0.00 percent from yesterday’s close.
F.N.B. Corporation also recently declared a dividend to be paid on Thursday the 15th of June 2017. The dividend payment will be $0.120 per share for the quarter or $0.48 annualized. The dividend yield will be $3.32. The ex-dividend date will be Tuesday the 30th of May 2017.
F.N.B. Corporation, launched on March 23, 2001, is a financial holding company. The Company has four business segments: Community Banking, Wealth Management, Insurance and Consumer Finance. The Company also operates other non-banking subsidiaries. Through its subsidiaries, the Company provides a range of financial services to consumers, corporations, governments and small- to medium-sized businesses in its market areas..
Shares are trading at $14.44 just above the 50 day moving average of $14.02 and just below the 200 day moving average of $14.99. The 50 day moving average was up $0.42 or +2.96% and the 200 day average was down $-0.55.
The P/E ratio is currently 19.73 and the market cap is 4.64B. As of the last earnings report the EPS was $0.73 and is estimated to be $0.98 for the current year with 321,305,000 shares presently outstanding. Next quarter’s EPS is estimated at $0.25 and the next full year EPS is anticipated to be $1.13.
Ratings analysts have released ratings on the company of late. On June 2 analysts at Wells Fargo initiated coverage on the stock with a rating of “Outperform”. On May 23, 2017 the stock rating was changed to a “Overweight” by JP Morgan which is up from the previous “Neutral” rating.
July 7 investment analysts at JP Morgan maintained a company rating of “Neutral” and lowered the price target from $13.50 to $13.00. On July 27 SunTrust Robinson Humphrey made no change to the company rating of “Buy” and moved down the price target to $16.00 from $17.00.
On June 29 SunTrust Robinson Humphrey kept the company rating at “Buy” and raised the price expectation to $17.00 from $15.00. Equity analyst JP Morgan started coverage giving it an initial rating of “Neutral” and projecting a price target of $13.50.