NASDAQ:FITBFifth Third Bancorp Stock Price, Forecast & News

Fifth Third Bancorp's stock was trading at $17.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FITB stock has increased by 4.4% and is now trading at $18.4350. 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) issued its quarterly earnings results on Tuesday, April, 21st. The financial services provider reported $0.13 EPS for the quarter, missing analysts' consensus estimates 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 return on equity of 9.05% and a net margin of 18.85%. During the same period last year, the company earned $0.63 EPS. View Fifth Third Bancorp's earnings history.

Fifth Third Bancorp declared a quarterly dividend on Tuesday, June 16th. Stockholders 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 yield of 5.86%. The ex-dividend date is Monday, June 29th. View Fifth Third Bancorp's dividend history.

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 buyback 100,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's management believes its stock is undervalued.

17 analysts have issued 1 year target prices for Fifth Third Bancorp's shares. Their forecasts range from $15.00 to $32.00. On average, they expect Fifth Third Bancorp's share price to reach $24.37 in the next twelve months. This suggests a possible upside of 32.2% from the stock's current price. View analysts' price targets for Fifth Third Bancorp.

News headlines about FITB stock have been trending very negative recently, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Fifth Third Bancorp earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines 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 impact on the stock'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), KeyCorp (KEY), Regions Financial (RF), SVB Financial Group (SIVB), 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 First Citizens BancShares (FCNCA). 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 institutional and retail investors. Top institutional investors include Park National Corp OH (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 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.

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 $18.44.

Fifth Third Bancorp has a market capitalization of $13.12 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]