In yesterday’s Wall Street session, F.N.B. Corp. (NYSE:FNB) shares traded at $14.89, down -0.93% from the previous session.
FNB stock price is now 8.45% away from the 50-day moving average and 14.00% away from the 200-day moving average. The market capitalization of the company currently stands at $5.36B.
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With the price target of $15, BofA Securities recently initiated with Buy rating for F.N.B. Corp. (NYSE: FNB). On April 04, 2023, Stephens recently initiated its ‘Overweight’ rating on the stock quoting a target price of $15, while ‘Keefe Bruyette’ rates the stock as ‘Mkt Perform’
In other news, CAMPBELL WILLIAM B, Director bought 2,500 shares of the company’s stock on Apr 23 ’24. The stock was bought for $33,712 at an average price of $13.48. Upon completion of the transaction, the Director now directly owns 149,458 shares in the company, valued at $2.23 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 28 ’24, Director CAMPBELL WILLIAM B bought 1,500 shares of the business’s stock. A total of $20,274 was incurred on buying the stock at an average price of $13.52. This leaves the insider owning 146,888 shares of the company worth $2.19 million. A total of 1.36% of the company’s stock is owned by insiders.
During the past 12 months, F.N.B. Corp. has had a low of $10.24 and a high of $15.53. According to the stock market information, the enterprise value for the company is $9105818624, which is based on a 12.52 price-to-earnings ratio, a 1.25 price-to-earnings-growth ratio, and a beta of 1.01. The fifty day moving average price for FNB is $13.7462 and a two-hundred day moving average price translates $13.0809 for the stock.
The latest earnings results from F.N.B. Corp. (NYSE: FNB) was released for 2024-06-30. The net profit margin was 17.71% and return on equity was 7.40% for FNB. The company reported revenue of $543.0 million for the quarter, compared to $444.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.3 percent.
