NASDAQ:FITBFifth Third Bancorp Stock Price, Forecast & News

Fifth Third Bancorp's stock was trading at $17.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FITB stock has increased by 4.2% and is now trading at $18.39. View which stocks have been most impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fifth Third Bancorp in the last year. There are currently 1 sell rating, 5 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Fifth Third Bancorp.

Fifth Third Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Fifth Third Bancorp.

Fifth Third Bancorp will be holding an earnings conference call on Thursday, July 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Fifth Third Bancorp (NASDAQ:FITB) posted its quarterly earnings results on Tuesday, April, 21st. The financial services provider reported $0.13 EPS for the quarter, missing the consensus estimate of $0.23 by $0.10. The financial services provider had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.89 billion. Fifth Third Bancorp had a return on equity of 9.05% and a net margin of 18.85%. During the same quarter in the previous year, the business posted $0.63 earnings per share. View Fifth Third Bancorp's earnings history.

Fifth Third Bancorp announced a quarterly dividend on Tuesday, June 16th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.27 per share on Wednesday, July 15th. This represents a $1.08 annualized dividend and a yield of 5.87%. The ex-dividend date is Monday, June 29th. View Fifth Third Bancorp's dividend history.

Fifth Third Bancorp declared that its board has initiated a share buyback plan on Tuesday, June 18th 2019, which permits the company to buyback 100,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board of directors believes its shares are undervalued.

17 brokerages have issued 1 year target prices for Fifth Third Bancorp's shares. Their forecasts range from $15.00 to $32.00. On average, they anticipate Fifth Third Bancorp's share price to reach $24.37 in the next year. This suggests a possible upside of 32.5% from the stock's current price. View analysts' price targets for Fifth Third Bancorp.

Media headlines about FITB stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fifth Third Bancorp earned a coverage optimism score of -1.2 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Fifth Third Bancorp.

Some companies that are related to Fifth Third Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), M&T Bank (MTB), SVB Financial Group (SIVB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC), Cullen/Frost Bankers (CFR) and TCF Financial (TCF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fifth Third Bancorp investors own include Anworth Mortgage Asset Corp Reit (ANH), Air Transport Services Group (ATSG), Wolverine World Wide (WWW), Walgreens Boots Alliance (WBA), Carnival (CCL), Wendys (WEN), General Electric (GE), Automatic Data Processing (ADP), Bank of America (BAC) and Procter & Gamble (PG).

Fifth Third Bancorp trades on the NASDAQ under the ticker symbol "FITB."

Fifth Third Bancorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Reinhart Partners Inc. (0.07%), Envestnet Asset Management Inc. (0.04%), Manning & Napier Group LLC (0.04%), State of Alaska Department of Revenue (0.04%), Unison Advisors LLC (0.02%) and DNB Asset Management AS (0.01%). Company insiders that own Fifth Third Bancorp stock include Evan Bayh, Frank R Forrest, Jewell D Hoover, Katherine H Blackburn, Lars C Anderson, Philip Mchugh, Robert P Shaffer, Teresa J Tanner and Timothy Spence. View institutional ownership trends for Fifth Third Bancorp.

FITB stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Fourthstone LLC, DNB Asset Management AS, Reinhart Partners Inc., Spirit of America Management Corp NY, Municipal Employees Retirement System of Michigan, Independence Bank of Kentucky, and Cullinan Associates Inc.. Company insiders that have sold Fifth Third Bancorp company stock in the last year include Frank R Forrest, Lars C Anderson, Philip Mchugh, and Timothy Spence. View insider buying and selling activity for Fifth Third Bancorp.

FITB stock was acquired by a variety of institutional investors in the last quarter, including Unison Advisors LLC, Envestnet Asset Management Inc., and Ellevest Inc.. Company insiders that have bought Fifth Third Bancorp stock in the last two years include Evan Bayh, and Katherine H Blackburn. View insider buying and selling activity for Fifth Third Bancorp.

Shares of FITB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FITB stock can currently be purchased for approximately $18.39.

Fifth Third Bancorp has a market capitalization of $13.09 billion and generates $9.79 billion in revenue each year. The financial services provider earns $2.51 billion in net income (profit) each year or $2.77 on an earnings per share basis. Fifth Third Bancorp employs 19,869 workers across the globe.

The official website for Fifth Third Bancorp is www.53.com.

Fifth Third Bancorp's mailing address is 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH, 45263. The financial services provider can be reached via phone at 800-972-3030 or via email at [email protected]