F.N.B. Corp (NYSE:FNB) shares, rose in value on Wednesday, January 22, with the stock price down by -2.32% to the previous day’s close as strong demand from buyers drove the stock to $15.55.
Actively observing the price movement in the last trading, the stock closed the session at $15.92, falling within a range of $15.36 and $16.07. The value of beta (5-year monthly) was 0.976 whereas the PE ratio was 12.32 over 12-month period. Referring to stock’s 52-week performance, its high was $17.70, and the low was $12.49. On the whole, FNB has fluctuated by 6.65% over the past month.
With the market capitalization of F.N.B. Corp currently standing at about $5.59 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.48, with its dividend yield at 3.09%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.72B, with a low estimate of 404.97M and a high estimate of 411M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 408.24M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FNB’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.97, with the price of FNB currently trading nearly 4.19% and -1.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.63, while the 7-day volatility ratio is showing 2.64% which for the 30-day chart, stands at 2.60%. Furthermore, F.N.B. Corp (FNB)’s beta value is 1.04, and its average true range (ATR) is 0.44.
A comparison of F.N.B. Corp (FNB) with its peers suggests the former has fared considerably weaker in the market. FNB showed an intraday change of -2.32% in last session, and over the past year, it grew by 16.74%%.
Data on historical trading for F.N.B. Corp (NYSE:FNB) indicates that the trading volumes over the past 10 days have averaged 2.98 and over the past 3 months, they’ve averaged 2.46 million. According to company’s latest data on outstanding shares, there are 359.62 million shares outstanding.
Nearly 1.34% of F.N.B. Corp’s shares belong to company insiders and institutional investors own 79.95% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.79 million shares as on 2024-12-31, resulting in a short ratio of 2.85. According to the data, the short interest in F.N.B. Corp (FNB) stood at 249.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 6.87 million. The stock has risen by 5.21% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FNB stock heading into the next quarter.
