NYSE:STI - SunTrust Banks Stock Price, News, & Analysis

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$61.92 -0.26 (-0.42 %)
(As of 05/19/2019 11:22 AM ET)
Previous Close$61.92
Today's Range$61.56 - $62.76
52-Week Range$46.05 - $75.08
Volume1.10 million shs
Average Volume2.03 million shs
Market Capitalization$27.48 billion
P/E Ratio10.86
Dividend Yield3.23%
Beta1.56
SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, institutions, and not-for-profit entities in the United States. It operates in two segments, Consumer and Wholesale. The Consumer segment provides deposits and payments; home equity and personal credit lines; auto, student, and other lending products; credit cards; discount/online and full-service brokerage products; professional investment advisory products and services; and trust services, as well as family office solutions. This segment also offers residential mortgage products in the secondary market. The Wholesale segment provides capital markets solutions, including advisory, capital raising, and financial risk management; asset-based financing solutions, such as securitizations, asset-based lending, equipment financing, and structured real estate arrangements; cash management services and auto dealer financing solutions; investment banking solutions; and credit and deposit, fee-based product offering, multi-family agency lending, advisory, commercial mortgage brokerage, and tailored financing and equity investment solutions. This segment also offers treasury and payment solutions, such as operating various electronic and paper payment types, which comprise card, wire transfer, automated clearing house, check, and cash; and provides services clients to manage their accounts online. The company offers its products and services through a network of traditional and in-store branches, automated teller machines, Internet, mobile, and telephone banking channels. As of December 31, 2018, it operated 1,218 full-service banking offices located in Florida, Georgia, Virginia, North Carolina, Tennessee, Maryland, South Carolina, and the District of Columbia. SunTrust Banks, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.

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Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP86791410
Phone800-786-8787

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.43 billion
Cash Flow$7.7303 per share
Book Value$51.37 per share

Profitability

Net Income$2.78 billion

Miscellaneous

Employees22,899
Market Cap$27.48 billion
Next Earnings Date7/18/2019 (Confirmed)
OptionableOptionable

SunTrust Banks (NYSE:STI) Frequently Asked Questions

What is SunTrust Banks' stock symbol?

SunTrust Banks trades on the New York Stock Exchange (NYSE) under the ticker symbol "STI."

How often does SunTrust Banks pay dividends? What is the dividend yield for SunTrust Banks?

SunTrust Banks declared a quarterly dividend on Tuesday, April 23rd. Stockholders of record on Friday, May 31st will be given a dividend of $0.50 per share on Monday, June 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date is Thursday, May 30th. View SunTrust Banks' Dividend History.

How will SunTrust Banks' stock buyback program work?

SunTrust Banks declared that its board has initiated a stock repurchase program on Thursday, June 28th 2018, which authorizes the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 6.6% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its stock is undervalued.

How were SunTrust Banks' earnings last quarter?

SunTrust Banks, Inc. (NYSE:STI) issued its quarterly earnings data on Thursday, April, 18th. The financial services provider reported $1.33 earnings per share for the quarter, topping analysts' consensus estimates of $1.29 by $0.04. The financial services provider had revenue of $2.33 billion for the quarter, compared to analysts' expectations of $2.34 billion. SunTrust Banks had a net margin of 25.26% and a return on equity of 12.22%. The company's revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.29 earnings per share. View SunTrust Banks' Earnings History.

When is SunTrust Banks' next earnings date?

SunTrust Banks is scheduled to release their next quarterly earnings announcement on Thursday, July 18th 2019. View Earnings Estimates for SunTrust Banks.

How can I listen to SunTrust Banks' earnings call?

SunTrust Banks will be holding an earnings conference call on Thursday, July 18th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8772099920.

What price target have analysts set for STI?

18 analysts have issued 1 year price objectives for SunTrust Banks' stock. Their predictions range from $61.90 to $81.00. On average, they anticipate SunTrust Banks' share price to reach $71.4893 in the next year. This suggests a possible upside of 15.5% from the stock's current price. View Analyst Price Targets for SunTrust Banks.

What is the consensus analysts' recommendation for SunTrust Banks?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunTrust Banks in the last year. There are currently 12 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SunTrust Banks.

Has SunTrust Banks been receiving favorable news coverage?

Media headlines about STI stock have been trending positive on Sunday, according to InfoTrie. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. SunTrust Banks earned a media sentiment score of 2.2 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

Who are some of SunTrust Banks' key competitors?

What other stocks do shareholders of SunTrust Banks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SunTrust Banks investors own include CA (CA), Bank of America (BAC), BlackRock (BLK), Endologix (ELGX), Micron Technology (MU), Walt Disney (DIS), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC) and Intel (INTC).

Who are SunTrust Banks' key executives?

SunTrust Banks' management team includes the folowing people:
  • Mr. William Henry Rogers Jr., Chairman & CEO (Age 61)
  • Ms. Laura Allison Dukes, Corp. Exec. VP & CFO (Age 44)
  • Mr. Mark A. Chancy, Vice Chairman, Co-COO & Consumer Segment Exec. (Age 54)
  • Mr. Hugh Sterling Cummins III, Co-COO & Wholesale Segment Exec. (Age 56)
  • Mr. Scott E. Case, Corp. Exec. VP & Chief Information Officer (Age 48)

Who are SunTrust Banks' major shareholders?

SunTrust Banks' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.67%), FMR LLC (5.24%), Goldman Sachs Group Inc. (2.11%), Geode Capital Management LLC (1.47%), LSV Asset Management (1.41%) and Boston Partners (1.41%). Company insiders that own SunTrust Banks stock include Agnes Bundy Scanlan, Frank P Scruggs Jr, Hugh S Cummins III, Jerome T Lienhard, Jorge Arrieta, Kyle P Legg, Mark A Chancy, Steven C Voorhees and Susan S Johnson. View Institutional Ownership Trends for SunTrust Banks.

Which institutional investors are selling SunTrust Banks stock?

STI stock was sold by a variety of institutional investors in the last quarter, including Lazard Asset Management LLC, Bank of Montreal Can, BlackRock Inc., American Century Companies Inc., DNB Asset Management AS, Victory Capital Management Inc., Gyroscope Capital Management Group LLC and Northern Trust Corp. Company insiders that have sold SunTrust Banks company stock in the last year include Hugh S Cummins III, Jorge Arrieta and Mark A Chancy. View Insider Buying and Selling for SunTrust Banks.

Which institutional investors are buying SunTrust Banks stock?

STI stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Goldman Sachs Group Inc., CNH Partners LLC, Alpine Associates Management Inc., Boston Partners, IndexIQ Advisors LLC, Water Island Capital LLC and Water Island Capital LLC. Company insiders that have bought SunTrust Banks stock in the last two years include Frank P Scruggs Jr and Steven C Voorhees. View Insider Buying and Selling for SunTrust Banks.

How do I buy shares of SunTrust Banks?

Shares of STI 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 SunTrust Banks' stock price today?

One share of STI stock can currently be purchased for approximately $61.92.

How big of a company is SunTrust Banks?

SunTrust Banks has a market capitalization of $27.48 billion and generates $10.43 billion in revenue each year. The financial services provider earns $2.78 billion in net income (profit) each year or $5.70 on an earnings per share basis. SunTrust Banks employs 22,899 workers across the globe.

What is SunTrust Banks' official website?

The official website for SunTrust Banks is http://www.suntrust.com.

How can I contact SunTrust Banks?

SunTrust Banks' mailing address is 303 PEACHTREE ST NE, ATLANTA GA, 30308. The financial services provider can be reached via phone at 800-786-8787 or via email at [email protected]


MarketBeat Community Rating for SunTrust Banks (NYSE STI)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  774 (Vote Outperform)
Underperform Votes:  887 (Vote Underperform)
Total Votes:  1,661
MarketBeat's community ratings are surveys of what our community members think about SunTrust Banks and other stocks. Vote "Outperform" if you believe STI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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