Zacks Research Issues Negative Estimate for TFC Earnings

Truist Financial Co. (NYSE:TFC - Free Report) - Equities research analysts at Zacks Research decreased their Q2 2025 EPS estimates for Truist Financial in a research report issued on Thursday, May 8th. Zacks Research analyst R. Department now expects that the insurance provider will earn $0.90 per share for the quarter, down from their prior estimate of $0.95. The consensus estimate for Truist Financial's current full-year earnings is $4.00 per share. Zacks Research also issued estimates for Truist Financial's Q3 2025 earnings at $0.97 EPS, Q4 2025 earnings at $1.06 EPS, FY2025 earnings at $3.80 EPS, Q2 2026 earnings at $1.05 EPS, Q3 2026 earnings at $1.07 EPS, Q4 2026 earnings at $1.18 EPS and FY2026 earnings at $4.30 EPS.

Truist Financial (NYSE:TFC - Get Free Report) last announced its earnings results on Thursday, April 17th. The insurance provider reported $0.87 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.87. The company had revenue of $4.95 billion for the quarter, compared to analyst estimates of $4.99 billion. Truist Financial had a net margin of 15.59% and a return on equity of 9.32%. During the same period in the prior year, the business earned $0.90 earnings per share.

TFC has been the subject of a number of other reports. Baird R W raised shares of Truist Financial from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, March 5th. JPMorgan Chase & Co. dropped their price target on shares of Truist Financial from $48.00 to $42.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. Keefe, Bruyette & Woods dropped their price target on shares of Truist Financial from $53.00 to $47.00 and set an "outperform" rating for the company in a research note on Monday, April 21st. Stephens dropped their price target on shares of Truist Financial from $48.00 to $46.00 and set an "overweight" rating for the company in a research note on Monday, April 21st. Finally, Wells Fargo & Company lowered their target price on shares of Truist Financial from $52.00 to $50.00 and set an "overweight" rating for the company in a research note on Friday, March 28th. Eight research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $48.06.

Truist Financial Trading Down 1.7%

TFC opened at $38.88 on Monday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.83 and a quick ratio of 0.83. The company has a market cap of $50.91 billion, a price-to-earnings ratio of 11.68, a price-to-earnings-growth ratio of 1.63 and a beta of 0.83. The firm has a 50 day simple moving average of $38.86 and a 200 day simple moving average of $43.30. Truist Financial has a fifty-two week low of $33.56 and a fifty-two week high of $49.06.

Truist Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Friday, May 9th will be given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 5.35%. The ex-dividend date of this dividend is Friday, May 9th. Truist Financial's dividend payout ratio (DPR) is currently 61.36%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Hopwood Financial Services Inc. bought a new stake in shares of Truist Financial in the 4th quarter valued at about $26,000. Navigoe LLC acquired a new stake in Truist Financial in the 4th quarter valued at about $26,000. Centennial Bank AR lifted its stake in Truist Financial by 360.2% in the 1st quarter. Centennial Bank AR now owns 741 shares of the insurance provider's stock valued at $30,000 after purchasing an additional 580 shares during the last quarter. Motco lifted its stake in Truist Financial by 435.6% in the 1st quarter. Motco now owns 798 shares of the insurance provider's stock valued at $33,000 after purchasing an additional 649 shares during the last quarter. Finally, Meeder Asset Management Inc. lifted its stake in Truist Financial by 115.3% in the 1st quarter. Meeder Asset Management Inc. now owns 874 shares of the insurance provider's stock valued at $36,000 after purchasing an additional 468 shares during the last quarter. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.