NYSE:BBT - BB&T Stock Price, News, & Analysis

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$45.65 -1.49 (-3.16 %)
(As of 03/22/2019 10:32 AM ET)
Previous Close$47.14
Today's Range$45.5350 - $46.77
52-Week Range$40.68 - $56.03
Volume1.39 million shs
Average Volume5.67 million shs
Market Capitalization$34.87 billion
P/E Ratio11.27
Dividend Yield3.37%
Beta1.15
BB&T Corporation operates as a financial holding company that provides various banking and trust services for small and mid-size businesses, public agencies, local governments, and individuals. The company operates through four segments: CB-Retail, CB-Commercial, IH&PF, and FS&CF. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company also provides various funding services; and asset management, automobile lending; bankcard lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, health, employee benefits, commercial general liability, surety, title and other insurance products; investment brokerage; mobile/online banking; and payment, lease financing, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium and commercial finance, international banking, leasing, merchant, commercial deposit and treasury, commercial middle market lending, floor plan lending, commercial mortgage lending, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. Additionally, BB&T Corporation offers non-deposit investment products, including discount brokerage services, equities, fixed-rate, variable-rate and index annuities, mutual funds, government and municipal bonds, and money market funds. As of October 16, 2018, it operated through approximately 1,900 financial centers. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

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Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP05493710
Phone336-733-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$13.00 billion
Cash Flow$4.5972 per share
Book Value$35.20 per share

Profitability

Net Income$3.24 billion

Miscellaneous

Employees35,852
Market Cap$34.87 billion
Next Earnings Date4/18/2019 (Confirmed)
OptionableOptionable

BB&T (NYSE:BBT) Frequently Asked Questions

What is BB&T's stock symbol?

BB&T trades on the New York Stock Exchange (NYSE) under the ticker symbol "BBT."

How often does BB&T pay dividends? What is the dividend yield for BB&T?

BB&T declared a quarterly dividend on Tuesday, January 29th. Shareholders of record on Wednesday, February 13th will be given a dividend of $0.405 per share on Friday, March 1st. This represents a $1.62 annualized dividend and a yield of 3.49%. The ex-dividend date of this dividend is Tuesday, February 12th. View BB&T's Dividend History.

How will BB&T's stock buyback program work?

BB&T declared that its board has initiated a stock buyback program on Thursday, June 29th 2017, which authorizes the company to buyback $1,880,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 5.2% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its shares are undervalued.

How were BB&T's earnings last quarter?

BB&T Co. (NYSE:BBT) released its quarterly earnings data on Thursday, January, 17th. The insurance provider reported $1.05 EPS for the quarter, topping the Zacks' consensus estimate of $1.04 by $0.01. The insurance provider earned $2.94 billion during the quarter, compared to the consensus estimate of $2.98 billion. BB&T had a return on equity of 12.13% and a net margin of 24.15%. The business's revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.83 EPS. View BB&T's Earnings History.

When is BB&T's next earnings date?

BB&T is scheduled to release their next quarterly earnings announcement on Thursday, April 18th 2019. View Earnings Estimates for BB&T.

How can I listen to BB&T's earnings call?

BB&T will be holding an earnings conference call on Thursday, April 18th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for BBT?

15 Wall Street analysts have issued 1-year price objectives for BB&T's stock. Their predictions range from $44.00 to $60.00. On average, they expect BB&T's share price to reach $54.3783 in the next twelve months. This suggests a possible upside of 17.2% from the stock's current price. View Analyst Price Targets for BB&T.

What is the consensus analysts' recommendation for BB&T?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BB&T in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BB&T.

Has BB&T been receiving favorable news coverage?

News stories about BBT stock have trended somewhat positive on Friday, according to InfoTrie. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog 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. BB&T earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave media coverage about the insurance provider a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an effect on the company's share price in the near future.

Are investors shorting BB&T?

BB&T saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 20,386,768 shares, an increase of 46.3% from the February 15th total of 13,935,884 shares. Based on an average daily volume of 5,794,234 shares, the short-interest ratio is currently 3.5 days. Approximately 2.7% of the company's stock are sold short. View BB&T's Current Options Chain.

Who are some of BB&T's key competitors?

What other stocks do shareholders of BB&T own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BB&T investors own include Bank of America (bac), General Electric (GE), AT&T (T), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC), Verizon Communications (VZ), Intel (INTC), Cisco Systems (CSCO) and PepsiCo (PEP).

Who are BB&T's key executives?

BB&T's management team includes the folowing people:
  • Mr. Kelly Stuart King, Chairman & CEO (Age 71)
  • Mr. Christopher Lee Henson, Pres & COO (Age 58)
  • Mr. Daryl N. Bible, Sr. EVP & CFO (Age 58)
  • Ms. Barbara F. Duck, Sr. EVP & Chief Information Officer (Age 52)
  • Mr. Clarke R. Starnes III, Sr. EVP & Chief Risk Officer (Age 60)

Who are BB&T's major shareholders?

BB&T's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.95%), Bank of America Corp DE (3.05%), Macquarie Group Ltd. (1.89%), Northern Trust Corp (1.44%), Geode Capital Management LLC (1.20%) and American Century Companies Inc. (1.18%). Company insiders that own BB&T stock include Barbara F Duck, Christopher L Henson, Clarke R Starnes III, Cynthia B Powell, Daryl N Bible, David Hudson Weaver, Donna C Goodrich, Donta L Wilson, I Patricia Henry, Jennifer S Banner, K David Jr Boyer, Kelly S King, Louis B Lynn, Nido R Qubein, Patrick C Graney III, Robert Jerome Johnson, Jr, W Bennett Bradley and William Rufus Yates. View Institutional Ownership Trends for BB&T.

Which institutional investors are selling BB&T stock?

BBT stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Bank of New York Mellon Corp, Jennison Associates LLC, APG Asset Management N.V., Comerica Bank, Eagle Asset Management Inc., Nordea Investment Management AB and California Public Employees Retirement System. Company insiders that have sold BB&T company stock in the last year include Barbara F Duck, Cynthia B Powell, Daryl N Bible, Donna C Goodrich, Donta L Wilson, I Patricia Henry, K David Jr Boyer, Kelly S King, Nido R Qubein, W Bennett Bradley and William Rufus Yates. View Insider Buying and Selling for BB&T.

Which institutional investors are buying BB&T stock?

BBT stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., Oregon Public Employees Retirement Fund, Bahl & Gaynor Inc., Geode Capital Management LLC, AMF Pensionsforsakring AB, State of Tennessee Treasury Department and Massachusetts Financial Services Co. MA. View Insider Buying and Selling for BB&T.

How do I buy shares of BB&T?

Shares of BBT 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, Scottrade, Fidelity and Charles Schwab.

What is BB&T's stock price today?

One share of BBT stock can currently be purchased for approximately $46.38.

How big of a company is BB&T?

BB&T has a market capitalization of $35.43 billion and generates $13.00 billion in revenue each year. The insurance provider earns $3.24 billion in net income (profit) each year or $4.05 on an earnings per share basis. BB&T employs 35,852 workers across the globe.

What is BB&T's official website?

The official website for BB&T is http://www.bbt.com.

How can I contact BB&T?

BB&T's mailing address is 200 WEST SECOND STREET, WINSTON-SALEM NC, 27101. The insurance provider can be reached via phone at 336-733-2000 or via email at [email protected]


MarketBeat Community Rating for BB&T (NYSE BBT)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  600 (Vote Outperform)
Underperform Votes:  783 (Vote Underperform)
Total Votes:  1,383
MarketBeat's community ratings are surveys of what our community members think about BB&T and other stocks. Vote "Outperform" if you believe BBT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BBT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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