NASDAQ:FITBFifth Third Bancorp Stock Price, Forecast & News

Fifth Third Bancorp's stock was trading at $17.65 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FITB stock has increased by 2.8% and is now trading at $18.14. 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) announced its earnings results on Tuesday, April, 21st. The financial services provider reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.23 by $0.10. The financial services provider had revenue of $1.90 billion for the quarter, compared to analysts' expectations of $1.89 billion. Fifth Third Bancorp had a net margin of 18.85% and a return on equity of 9.05%. During the same period last year, the business earned $0.63 EPS. View Fifth Third Bancorp's earnings history.

Fifth Third Bancorp declared 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 dividend on an annualized basis and a dividend yield of 5.95%. The ex-dividend date of this dividend is Monday, June 29th. View Fifth Third Bancorp's dividend history.

Fifth Third Bancorp announced that its board has initiated a stock buyback plan on Tuesday, June 18th 2019, which allows the company to repurchase 100,000,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

17 brokers have issued 1-year price objectives for Fifth Third Bancorp's stock. Their forecasts range from $15.00 to $32.00. On average, they expect Fifth Third Bancorp's stock price to reach $24.37 in the next twelve months. This suggests a possible upside of 34.3% from the stock's current price. View analysts' price targets for Fifth Third Bancorp.

News articles about FITB stock have trended negative on Thursday, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 -2.1 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate 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), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), 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 variety of institutional and retail investors. Top institutional investors include Reinhart Partners Inc. (0.07%), Envestnet Asset Management Inc. (0.04%), State of Alaska Department of Revenue (0.04%), DNB Asset Management AS (0.01%), Park National Corp OH (0.01%) and Municipal Employees Retirement System of Michigan (0.00%). 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, DNB Asset Management AS, Reinhart Partners Inc., Municipal Employees Retirement System of Michigan, Independence Bank of Kentucky, Cullinan Associates Inc., Woodstock Corp, and Park National Corp OH. 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 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 $18.14.

Fifth Third Bancorp has a market capitalization of $12.91 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]