Zacks Research Cuts FNB's EPS Forecast

Summary

Zacks Research has lowered its earnings per share (EPS) expectations for FNB (NYSE: FNB) for the 2025 fiscal year from $1.40 to $1.38. The consensus earnings expectation for the full year remains at $1.45 per share. Additionally, analysts have adjusted their price targets for FNB, with Wells Fargo lowering its target from $18.00 to $16.00, while DA Davidson maintains a $19.00 target. The stock opened at $13.68, with a market capitalization of $4.92 billion and a P/E ratio of 10.86. Institutional investors hold 79.25% of the stock, and insider activity includes a recent sale by director David L. Motley.Market Beat

Impact Analysis

This event is at the company level, as it pertains specifically to FNB’s financial expectations and analyst price targets. The immediate impact of the lowered EPS forecast may lead to negative sentiment among investors, potentially resulting in downward pressure on the stock. The adjustments to target prices by Wells Fargo and DA Davidson indicate varying levels of optimism about FNB’s future performance. Investors may view Wells Fargo’s reduced target as a sign of caution, while DA Davidson’s unchanged target suggests confidence in the company’s prospects. The stock’s current P/E ratio and institutional ownership indicate that the market may already be pricing in some level of uncertainty. Investment opportunities or risks could include reassessing positions in FNB based on revised price targets and earnings forecasts, as well as monitoring insider activity for signs of confidence or concern.Market Beat