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

$29.60
-0.23 (-0.77 %)
(As of 02/17/2020 06:00 AM ET)
Today's Range
$29.44
Now: $29.60
$29.89
50-Day Range
$28.45
MA: $29.67
$31.12
52-Week Range
$24.17
Now: $29.60
$31.64
Volume1.92 million shs
Average Volume4.58 million shs
Market Capitalization$21.01 billion
P/E Ratio8.81
Dividend Yield3.24%
Beta1.35
Fifth Third Bancorp operates as a diversified financial services company in the United States. The company's Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:FITB
CUSIP31677310
Phone800-972-3030

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.79 billion
Cash Flow$3.35 per share
Book Value$27.38 per share

Profitability

Net Income$2.51 billion

Miscellaneous

Employees17,437
Market Cap$21.01 billion
Next Earnings Date4/28/2020 (Estimated)
OptionableOptionable

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Fifth Third Bancorp (NASDAQ:FITB) Frequently Asked Questions

What is Fifth Third Bancorp's stock symbol?

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

How often does Fifth Third Bancorp pay dividends? What is the dividend yield for Fifth Third Bancorp?

Fifth Third Bancorp announced a quarterly dividend on Tuesday, December 17th. Stockholders 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 annualized dividend and a dividend yield of 3.24%. The ex-dividend date is Monday, December 30th. View Fifth Third Bancorp's Dividend History.

How will Fifth Third Bancorp's stock buyback program work?

Fifth Third Bancorp declared that its Board of Directors has authorized a share buyback program 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 repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

How were Fifth Third Bancorp's earnings last quarter?

Fifth Third Bancorp (NASDAQ:FITB) released its quarterly earnings data on Wednesday, January, 22nd. The financial services provider reported $0.68 EPS for the quarter, missing the consensus estimate of $0.73 by $0.05. The financial services provider had revenue of $2.26 billion for the quarter, compared to analysts' expectations of $1.94 billion. During the same quarter in the prior year, the company posted $0.69 EPS. View Fifth Third Bancorp's Earnings History.

When is Fifth Third Bancorp's next earnings date?

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

What price target have analysts set for FITB?

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 stock 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.

What is the consensus analysts' recommendation 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.

Has Fifth Third Bancorp been receiving favorable news coverage?

Media coverage about FITB stock has trended somewhat positive on Monday, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Fifth Third Bancorp earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave news headlines 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 effect on the stock's share price in the next several days. View News Stories for Fifth Third Bancorp.

Are investors shorting Fifth Third Bancorp?

Fifth Third Bancorp saw a increase in short interest in the month of 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 days-to-cover ratio is presently 2.0 days. Currently, 1.3% of the company's shares are sold short. View Fifth Third Bancorp's Current Options Chain.

Who are some of Fifth Third Bancorp's key competitors?

What other stocks do shareholders of Fifth Third Bancorp own?

Who are Fifth Third Bancorp's key executives?

Fifth Third Bancorp's management team includes the folowing people:
  • Mr. Gregory D. Carmichael, Chairman, Pres & CEO (Age 57)
  • Mr. Tayfun Tuzun, Exec. VP & CFO (Age 54)
  • Mr. Lars C. Anderson, Exec. VP & COO (Age 58)
  • Ms. Teresa J. Tanner, Exec. VP & Chief Admin. Officer (Age 50)
  • Mr. Frank R. Forrest, Exec. VP & Chief Risk Officer (Age 64)

Who are Fifth Third Bancorp's major shareholders?

Fifth Third Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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.

Which major investors are selling Fifth Third Bancorp stock?

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.

Which major investors are buying Fifth Third Bancorp stock?

FITB stock was purchased 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.

How do I buy shares of 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.

What is Fifth Third Bancorp's stock price today?

One share of FITB stock can currently be purchased for approximately $29.60.


MarketBeat Community Rating for Fifth Third Bancorp (NASDAQ FITB)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  657 (Vote Outperform)
Underperform Votes:  889 (Vote Underperform)
Total Votes:  1,546
MarketBeat's community ratings are surveys of what our community members think about Fifth Third Bancorp and other stocks. Vote "Outperform" if you believe FITB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FITB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/17/2020 by MarketBeat.com Staff

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