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F.N.B. Corp. (FNB) Looks Ready for Growth Despite 2.90% Change This Year

F.N.B. Corp. (NYSE: FNB) is 2.90% higher on its value in year-to-date trading and has touched a low of $10.24 and a high of $15.65 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FNB stock was last observed hovering at around $14.47 in the last trading session, with the day’s loss setting it -0.3%.

Currently trading at $14.17, the stock is 0.24% and -0.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.59 million and changing -2.07% at the moment leaves the stock 2.83% off its SMA200. FNB registered 36.12% gain for a year compared to 6-month gain of 3.13%. The firm has a 50-day simple moving average (SMA 50) of $14.2094 and a 200-day simple moving average (SMA200) of $13.7806.

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The stock witnessed a 1.94% loss in the last 1 month and extending the period to 3 months gives it a -7.51%, and is -3.14% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.64% over the week and 2.30% over the month.

F.N.B. Corp. (FNB) has around 4008 employees, a market worth around $5.10B and $2.51B in sales. Current P/E ratio is 12.96 and Fwd P/E is 10.03. Profit margin for the company is 15.82%. Distance from 52-week low is 38.38% and -9.46% from its 52-week high. The company has generated returns on investments over the last 12 months (4.54%).

with sales reaching $408.96M over the same period.The EPS is expected to shrink by -14.33% this year, but quarterly earnings will post 4.20% year-over-year. Quarterly sales are estimated to grow 21.30% in year-over-year returns.

F.N.B. Corp. (FNB) Top Institutional Holders

486.0 institutions hold shares in F.N.B. Corp. (FNB), with institutional investors hold 82.49% of the company’s shares. The shares outstanding are 358.83M, and float is at 354.66M with Short Float at 2.19%. Institutions hold 81.52% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 42.1 million shares valued at $575.91 million. The investor’s holdings represent 11.6537% of the FNB Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 38.13 million shares valued at $521.66 million to account for 10.5559 of the shares outstanding. The other top investors are FULLER & THALER ASSET MANAGEMENT, INC. which holds 27.83 million shares representing 7.7033% and valued at over $380.69 million, while DIMENSIONAL FUND ADVISORS LP holds 6.1388 of the shares totaling 22.18 million with a market value of $303.36 million.

F.N.B. Corp. (FNB) Insider Activity

The most recent transaction is an insider purchase by CAMPBELL WILLIAM B, the company’s Director. SEC filings show that CAMPBELL WILLIAM B bought 2,500 shares of the company’s common stock on Apr 23 ’24 at a price of $13.48 per share for a total of $33712.0. Following the purchase, the insider now owns 0.15 million shares.

F.N.B. Corp. disclosed in a document filed with the SEC on Feb 28 ’24 that CAMPBELL WILLIAM B (Director) bought a total of 1,500 shares of the company’s common stock. The trade occurred on Feb 28 ’24 and was made at $13.52 per share for $20274.0. Following the transaction, the insider now directly holds 0.15 million shares of the FNB stock.

Still, SEC filings show that on Feb 26 ’24, CAMPBELL WILLIAM B (Director) acquired 2,500 shares at an average price of $13.41 for $33522.0. The insider now directly holds 145,388 shares of F.N.B. Corp. (FNB).

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