Analyst Research Summary: F.N.B. Corporation (NYSE:FNB)
F.N.B. Corporation (NYSE:FNB) stock is presently standing at about $15.85 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 8 analysts covering the company is $17.50, which suggests the stock could still rise over 9 percent. The highest analyst price target is $19.00, which implies a rally of 80 percent. And a quick view of analyst notes show that 2 are rating the stock a buy while 2 rate FNB a strong buy. There are 4 equity research firms advocating a Hold and 0 consider it Sell.
FBR & Co. analysts provided their view on F.N.B. Corporation (NYSE:FNB) recently. The rating firm issued a Outperform rating to this company in a research note released on Dec 20, 2016. BGB Securities analysts disclosed their opinion on F.N.B. Corporation (NYSE:FNB) recently. The rating firm gave a Hold rating to this stock in a research note published on Nov 20, 2012. According to a research note disclosed on Aug 25, 2009, analysts at B. Riley & Co have lowered their rating on these shares from Buy to Neutral.
F.N.B. Corporation (NYSE:FNB) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its Director Ellsworth Laura E Purchased 2,000 company shares for 29680, in a transaction on 2017-01-31. Following the transaction, the Director is left with a stake of 26,834 shares, currently valued at $425319. Meanwhile, Director Mencini Frank C purchased 3,000 shares worth $44610, through a transaction dated 2017-01-30. Following the completion of the transaction, the insider is left with a stake of 13,407 shares, amounting $212500.95. FNB Director MCCARTHY ROBERT J JR also sold 20,000 shares, at a stock price of $15.46. This transaction occurred on 2017-01-26 totals $309200. After this transaction, the insider’s stake stands at 270,774 shares, with a market value of $4291768.
Executives hold 1.72 percent of the stock. Gary L. Nalbandian is one of the biggest insider owners in F.N.B. Corporation (NYSE:FNB), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 797,339 shares which have current market value of around $12637823.15.Stephen J. Gurgovits, Sr is another major inside shareholder in the company. The insider owns 300,878 shares as of 0.14%, currently worth $4768916.3. Robert J. Mccarthy,Jr is ranked as third insider holder of the stock. This insider holds 270,774 shares with a market value around $4291767.9 as of recent close.
F.N.B. Corporation (NYSE:FNB) Earnings Outlook
In F.N.B. Corporation (NYSE:FNB)’s latest quarter, EPS moved to $0.23 from $0.24 in preceding quarter and revenues reached at $210.35M compared to $210.75M. Analysts had expected F.N.B. Corporation (NYSE:FNB) to post net income of about $0.24 per share on $214.13M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.13 to $0.25. That is compared with the $0.12 in EPS it reported during the same period a year ago.