Truist Financial (TFC) Expected to Announce Earnings on Friday

Truist Financial (NYSE:TFC - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results before the market opens on Friday, July 18th. Analysts expect Truist Financial to post earnings of $0.93 per share and revenue of $5.04 billion for the quarter. Truist Financial has set its FY 2025 guidance at EPS and its Q2 2025 guidance at EPS.

Truist Financial (NYSE:TFC - Get Free Report) last posted its quarterly earnings data on Thursday, April 17th. The insurance provider reported $0.87 EPS for the quarter, meeting analysts' consensus estimates of $0.87. Truist Financial had a net margin of 15.59% and a return on equity of 8.96%. The company had revenue of $4.95 billion during the quarter, compared to the consensus estimate of $4.99 billion. During the same quarter in the prior year, the company posted $0.90 EPS. On average, analysts expect Truist Financial to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Truist Financial Trading Down 0.1%

Shares of NYSE TFC traded down $0.04 on Friday, reaching $45.46. 8,319,455 shares of the company traded hands, compared to its average volume of 8,340,705. Truist Financial has a fifty-two week low of $33.56 and a fifty-two week high of $49.06. The company has a 50 day moving average of $41.10 and a 200 day moving average of $42.01. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $59.53 billion, a PE ratio of 13.41, a P/E/G ratio of 1.69 and a beta of 0.85.

Truist Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Friday, May 9th were paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.58%. The ex-dividend date of this dividend was Friday, May 9th. Truist Financial's dividend payout ratio is currently 61.36%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TFC. Keefe, Bruyette & Woods downgraded shares of Truist Financial from an "outperform" rating to a "market perform" rating and set a $48.00 price objective for the company. in a research note on Wednesday. Argus set a $43.00 price objective on shares of Truist Financial in a research note on Monday, April 21st. Morgan Stanley dropped their price objective on shares of Truist Financial from $50.00 to $43.00 and set an "equal weight" rating for the company in a research note on Monday, April 7th. Raymond James Financial upgraded Truist Financial from a "market perform" rating to an "outperform" rating and set a $50.00 target price for the company in a report on Tuesday. Finally, Piper Sandler decreased their target price on Truist Financial from $45.00 to $41.00 and set a "neutral" rating for the company in a report on Monday, April 21st. Eight research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $48.44.

Hedge Funds Weigh In On Truist Financial

An institutional investor recently raised its position in Truist Financial stock. Brighton Jones LLC grew its holdings in shares of Truist Financial Corporation (NYSE:TFC - Free Report) by 148.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,581 shares of the insurance provider's stock after buying an additional 14,093 shares during the quarter. Brighton Jones LLC's holdings in Truist Financial were worth $1,023,000 as of its most recent SEC filing. Institutional investors own 71.28% of the company's stock.

Truist Financial Company Profile

Truist Financial Corporation, a financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings.Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts.