NASDAQ:FITB - Fifth Third Bancorp Stock Price, Forecast & News

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

Fifth Third Bancorp announced a quarterly dividend on Tuesday, December 17th. Investors of record on Tuesday, December 31st will be given a dividend of $0.24 per share on Wednesday, January 15th. This represents a $0.96 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date of this dividend is Monday, December 30th. View Fifth Third Bancorp's Dividend History.

Fifth Third Bancorp announced that its Board of Directors has authorized a share repurchase plan on Tuesday, June 18th 2019, which authorizes the company to repurchase 100,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

Fifth Third Bancorp (NASDAQ:FITB) posted its quarterly earnings results on Wednesday, January, 22nd. The financial services provider reported $0.68 EPS for the quarter, missing the Zacks' consensus estimate of $0.73 by $0.05. The financial services provider earned $2.26 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same period in the prior year, the firm earned $0.69 earnings per share. View Fifth Third Bancorp's Earnings History.

Fifth Third Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Fifth Third Bancorp.

19 analysts have issued 12 month price targets for Fifth Third Bancorp's stock. Their forecasts range from $27.00 to $38.00. On average, they anticipate Fifth Third Bancorp's share price to reach $31.68 in the next twelve months. This suggests a possible upside of 7.0% from the stock's current price. View Analyst Price Targets for Fifth Third Bancorp.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fifth Third Bancorp in the last year. There are currently 1 sell rating, 7 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fifth Third Bancorp.

News stories about FITB stock have been trending somewhat positive on Sunday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fifth Third Bancorp earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Fifth Third Bancorp.

Fifth Third Bancorp saw a increase in short interest in January. As of January 31st, there was short interest totalling 9,440,000 shares, an increase of 12.5% from the January 15th total of 8,390,000 shares. Based on an average daily volume of 4,660,000 shares, the short-interest ratio is presently 2.0 days. Approximately 1.3% of the shares of the company are short sold. View Fifth Third Bancorp's Current Options Chain.

Some companies that are related to Fifth Third Bancorp include SunTrust Banks (STI), TCF Financial (TCF), Valley National Bancorp (VLY), Ameris Bancorp (ABCB), Park National (PRK), Tompkins Financial (TMP), Arrow Financial (AROW), American National BankShares (AMNB), Bar Harbor Bankshares (BHB), Ames National (ATLO), MidSouth Bancorp (MSL), First Trust California Municipal High Income ETF (FCAL), 1st Source (SRCE), BancFirst (BANF) and Bancorp (TBBK).

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), Wendys (WEN), Carnival (CCL), General Electric (GE), Automatic Data Processing (ADP), Xerox (XRX) and Select Income REIT (SIR).

Fifth Third Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (4.84%), Sanders Capital LLC (2.72%), Bank of America Corp DE (2.40%), Boston Partners (1.59%), Goldman Sachs Group Inc. (1.22%) and LSV Asset Management (1.12%). Company insiders that own Fifth Third Bancorp stock include Aravind Immaneni, Emerson L Brumback, Evan Bayh, Frank R Forrest, James C Leonard, Jelena Mcwilliams, Jewell D Hoover, Lars C Anderson, Mark D Hazel, 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 Goldman Sachs Group Inc., AJO LP, Acadian Asset Management LLC, Russell Investments Group Ltd., Skandinaviska Enskilda Banken AB publ , Rockefeller Capital Management L.P., Teacher Retirement System of Texas and Sumitomo Mitsui Trust Holdings Inc.. Company insiders that have sold Fifth Third Bancorp company stock in the last year include Frank R Forrest, Jewell D Hoover, Lars C Anderson, Philip Mchugh, Robert P Shaffer, Teresa J Tanner and Timothy Spence. View Insider Buying and Selling for Fifth Third Bancorp.

FITB stock was acquired by a variety of institutional investors in the last quarter, including Bank of America Corp DE, AQR Capital Management LLC, State of Tennessee Treasury Department, Point72 Asset Management L.P., Pzena Investment Management LLC, MUFG Securities EMEA plc, UBS Group AG and Sanders Capital LLC. View Insider Buying and Selling 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 $29.60.