BB&T Stock Price, Forecast & Analysis (NYSE:BBT)

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

BB&T declared a quarterly dividend on Tuesday, October 22nd. Investors of record on Friday, November 8th will be given a dividend of $0.45 per share on Monday, December 2nd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date of this dividend is Thursday, November 7th. View BB&T's Dividend History.

BB&T Co. (NYSE:BBT) released its quarterly earnings data on Thursday, October, 17th. The insurance provider reported $1.07 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.03 by $0.04. The insurance provider had revenue of $3 billion for the quarter, compared to analyst estimates of $2.99 billion. BB&T had a return on equity of 12.25% and a net margin of 23.17%. The company's quarterly revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.01 EPS. View BB&T's Earnings History.

BB&T is scheduled to release their next quarterly earnings announcement on Thursday, January 16th 2020. View Earnings Estimates for BB&T.

15 analysts have issued 1-year price objectives for BB&T's shares. Their forecasts range from $48.49 to $60.00. On average, they expect BB&T's stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 1.0% from the stock's current price. View Analyst Price Targets for BB&T.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BB&T in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BB&T.

News coverage about BBT stock has been trending very negative on Tuesday, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. BB&T earned a coverage optimism score of -3.2 on InfoTrie's scale. They also assigned press coverage about the insurance provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for BB&T.

BB&T saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 45,510,000 shares, an increase of 7.8% from the September 15th total of 42,200,000 shares. Based on an average daily volume of 4,680,000 shares, the days-to-cover ratio is presently 9.7 days. Currently, 6.0% of the shares of the company are short sold. View BB&T's Current Options Chain.

Some companies that are related to BB&T include PNC Financial Services Group (PNC), SunTrust Banks (STI), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC), BOK Financial (BOKF) and Cullen/Frost Bankers (CFR).

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

BB&T's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (3.89%), BB&T Corp (0.39%), Sumitomo Mitsui Trust Holdings Inc. (0.38%), River Road Asset Management LLC (0.30%), California Public Employees Retirement System (0.21%) and AMF Pensionsforsakring AB (0.19%). 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, Global Food Holdings Lp 3G, I Patricia Henry, K David Jr Boyer, Kelly S King, Louis B Lynn, Nido R Qubein, Patrick C Graney III, W Bennett Bradley and William Rufus Yates. View Institutional Ownership Trends for BB&T.

BBT stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Teacher Retirement System of Texas, River Road Asset Management LLC, AMF Pensionsforsakring AB, TIAA FSB, Carnick & Kubik Group LLC, Janney Montgomery Scott LLC and American Research & Management Co.. Company insiders that have sold BB&T company stock in the last year include Cynthia B Powell, David Hudson Weaver, Donta L Wilson, Global Food Holdings Lp 3G, I Patricia Henry, K David Jr Boyer, Louis B Lynn and Nido R Qubein. View Insider Buying and Selling for BB&T.

BBT stock was purchased by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, California Public Employees Retirement System, State of New Jersey Common Pension Fund D, First Trust Advisors LP, Envestnet Asset Management Inc., Picton Mahoney Asset Management, Dupont Capital Management Corp and WBI Investments Inc.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of BBT stock can currently be purchased for approximately $54.44.

BB&T has a market capitalization of $41.72 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.View Additional Information About BB&T.

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

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]