Media stories about F.N.B. (NYSE:FNB) have been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. F.N.B. earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 46.1994070997755 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
FNB has been the topic of several research analyst reports. Zacks Investment Research raised F.N.B. from a “sell” rating to a “hold” rating in a research note on Monday, October 2nd. ValuEngine cut shares of F.N.B. from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Keefe, Bruyette & Woods restated a “hold” rating and issued a $15.00 price target on shares of F.N.B. in a research note on Tuesday, October 3rd. Royal Bank of Canada reiterated a “hold” rating and set a $15.00 price objective on shares of F.N.B. in a research note on Friday, October 20th. Finally, SunTrust Banks restated a “buy” rating and set a $17.00 target price on shares of F.N.B. in a report on Tuesday. One research analyst has rated the stock with a sell rating, four have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $17.20.
F.N.B. (NYSE FNB) traded up $0.15 during trading hours on Thursday, reaching $14.26. 1,978,300 shares of the company’s stock were exchanged, compared to its average volume of 2,418,700. F.N.B. has a 52-week low of $12.02 and a 52-week high of $16.33. The firm has a market capitalization of $4,560.00, a price-to-earnings ratio of 18.28, a PEG ratio of 1.36 and a beta of 0.96. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.82 and a current ratio of 0.82.
F.N.B. (NYSE:FNB) last released its quarterly earnings results on Thursday, October 19th. The bank reported $0.24 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.24. F.N.B. had a net margin of 19.95% and a return on equity of 6.81%. The company had revenue of $291.38 million during the quarter, compared to analysts’ expectations of $299.47 million. During the same quarter in the prior year, the company earned $0.24 earnings per share. analysts expect that F.N.B. will post 0.92 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date of this dividend was Thursday, November 30th. F.N.B.’s dividend payout ratio is 61.54%.
In related news, insider Robert M. Moorehead purchased 5,000 shares of the business’s stock in a transaction that occurred on Friday, November 3rd. The shares were bought at an average cost of $13.46 per share, with a total value of $67,300.00. Following the acquisition, the insider now owns 25,312 shares of the company’s stock, valued at $340,699.52. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frank C. Mencini acquired 2,000 shares of the stock in a transaction that occurred on Wednesday, November 8th. The stock was purchased at an average price of $12.93 per share, for a total transaction of $25,860.00. The disclosure for this purchase can be found here. Insiders have acquired 8,500 shares of company stock worth $113,350 over the last quarter. Corporate insiders own 1.21% of the company’s stock.
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F.N.B. Corporation is a financial holding company. The Company operates through four segments: Community Banking, Wealth Management, Insurance and Consumer Finance. Its Community Banking segment consists of First National Bank of Pennsylvania (FNBPA), which offers services, including commercial and individual demand, savings and time deposit accounts and commercial, mortgage and individual installment loans.
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