F.N.B. (FNB) Earning Somewhat Positive Media Coverage, Report Finds
Headlines about F.N.B. (NYSE:FNB) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. F.N.B. earned a news impact score of 0.10 on Accern’s scale. Accern also gave press coverage about the bank an impact score of 46.7438214641309 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news stories that may have effected Accern’s rankings:
- Beta Factor Analysis – FNB Corporation, (NYSE: FNB) – Stock Watch (stocksnewstimes.com)
- F.N.B. Corp. (Pennsylvania) breached its 50 day moving average in a Bearish Manner : FNB-US : December 15, 2017 (finance.yahoo.com)
- F.N.B. Corp (FNB) Given Consensus Recommendation of “Buy” by Analysts (americanbankingnews.com)
- F.N.B. (FNB) Now Covered by Analysts at Stephens (americanbankingnews.com)
Shares of F.N.B. (NYSE FNB) traded down $0.06 during trading on Tuesday, reaching $14.05. The company’s stock had a trading volume of 2,504,640 shares, compared to its average volume of 2,801,312. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.15. F.N.B. has a 12-month low of $12.02 and a 12-month high of $16.35. The firm has a market capitalization of $4,487.54, a PE ratio of 14.77, a PEG ratio of 1.58 and a beta of 0.96.
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 1st were paid a $0.12 dividend. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $0.48 dividend on an annualized basis and a yield of 3.42%. F.N.B.’s dividend payout ratio (DPR) is presently 62.34%.
A number of equities research analysts have weighed in on the company. Stephens assumed coverage on F.N.B. in a report on Wednesday, December 13th. They issued an “equal weight” rating for the company. Royal Bank of Canada reiterated a “hold” rating and issued a $15.00 target price on shares of F.N.B. in a report on Friday, October 20th. Zacks Investment Research downgraded F.N.B. from a “hold” rating to a “sell” rating in a report on Monday, October 9th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $15.00 target price on shares of F.N.B. in a report on Tuesday, October 3rd. Finally, ValuEngine upgraded F.N.B. from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Two analysts have rated the stock with a sell rating, three have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $17.39.
In related news, insider Robert M. Moorehead bought 5,000 shares of the business’s stock in a transaction that occurred on Friday, November 3rd. The shares were bought at an average price of $13.46 per share, with a total value of $67,300.00. Following the completion of the transaction, the insider now directly owns 25,312 shares in the company, valued at $340,699.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Frank C. Mencini bought 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 8th. The shares were bought at an average cost of $12.93 per share, for a total transaction of $25,860.00. The disclosure for this purchase can be found here. Insiders acquired 8,500 shares of company stock valued at $113,350 in the last three months. Insiders own 1.21% of the company’s stock.
F.N.B. Company Profile
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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