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

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$62.72 +0.30 (+0.48 %)
(As of 10/18/2018 10:43 AM ET)
Previous Close$62.42
Today's Range$61.88 - $62.72
52-Week Range$56.30 - $75.08
Volume91,146 shs
Average Volume3.19 million shs
Market Capitalization$30.77 billion
P/E Ratio15.40
Dividend Yield3.24%
Beta1.29
SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, and institutions in the United States. It operates through 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, as well as lease financing solutions; cash management services and auto dealer financing solutions; and construction, mini-perm, and permanent real estate financing, as well as 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, 2017, it operated 1,268 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

Stock Exchange NYSE
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNYSE:STI
CUSIP86791410
Phone800-786-8787

Debt

Debt-to-Equity Ratio0.54
Current Ratio0.94
Quick Ratio0.92

Price-To-Earnings

Trailing P/E Ratio15.40
Forward P/E Ratio11.22
P/E Growth1.03

Sales & Book Value

Annual Sales$9.74 billion
Price / Sales2.97
Cash Flow$5.5652 per share
Price / Cash11.27
Book Value$48.16 per share
Price / Book1.30

Profitability

EPS (Most Recent Fiscal Year)$4.04
Net Income$2.27 billion
Net Margins26.41%
Return on Equity10.94%
Return on Assets1.19%

Miscellaneous

Employees23,199
Outstanding Shares460,730,000
Market Cap$30.77 billion

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 announced a quarterly dividend on Tuesday, August 14th. Stockholders of record on Friday, August 31st will be given a dividend of $0.50 per share on Monday, September 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date is Thursday, August 30th. This is an increase from SunTrust Banks's previous quarterly dividend of $0.40. View SunTrust Banks' Dividend History.

How will SunTrust Banks' stock buyback program work?

SunTrust Banks declared that its Board of Directors has approved a share buyback plan on Thursday, June 28th 2018, which allows the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 6.6% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

How were SunTrust Banks' earnings last quarter?

SunTrust Banks, Inc. (NYSE:STI) announced its quarterly earnings results on Friday, July, 20th. The financial services provider reported $1.49 earnings per share for the quarter, topping analysts' consensus estimates of $1.30 by $0.19. The financial services provider earned $2.32 billion during the quarter, compared to analysts' expectations of $2.33 billion. SunTrust Banks had a return on equity of 10.94% and a net margin of 26.41%. The company's revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.03 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 Friday, October 19th 2018. 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 Friday, October 19th at 8:00 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?

25 equities research analysts have issued 12 month target prices for SunTrust Banks' shares. Their predictions range from $62.00 to $86.00. On average, they expect SunTrust Banks' stock price to reach $74.2222 in the next twelve months. This suggests a possible upside of 19.7% from the stock's current price. View Analyst Price Targets for SunTrust Banks.

What is the consensus analysts' recommendation for SunTrust Banks?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunTrust Banks in the last year. There are currently 1 sell rating, 11 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SunTrust Banks.

Who are some of SunTrust Banks' key competitors?

Who are SunTrust Banks' key executives?

SunTrust Banks' management team includes the folowing people:
  • Mr. William Henry Rogers Jr., Chairman & CEO (Age 60)
  • Mr. Mark A. Chancy, Vice Chairman, Co-COO & Consumer Segment Exec. (Age 53)
  • Mr. Hugh Sterling Cummins III, Co-COO & Wholesale Segment Exec. (Age 55)
  • Ms. Laura Allison Dukes, Corp. Exec. VP & CFO (Age 43)
  • Mr. Ernest N. Dawal Jr., CFA, Chief Investment Officer

Who are SunTrust Banks' major shareholders?

SunTrust Banks' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.95%), DNB Asset Management AS (0.25%), PGGM Investments (0.13%), Cookson Peirce & Co. Inc. (0.09%), Scout Investments Inc. (0.09%) and Aperio Group LLC (0.08%). Company insiders that own SunTrust Banks stock include Agnes Bundy Scanlan, Aleem Gillani, Anil T Cheriyan, Frank P Scruggs Jr, Hugh S Cummins III, Jerome T Lienhard, Jorge Arrieta, Kyle P Legg, Mark A Chancy, Steven C Voorhees, Susan S Johnson, Thomas E Freeman and Thomas E Panther. View Institutional Ownership Trends for SunTrust Banks.

Which major investors are selling SunTrust Banks stock?

STI stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Dalton Greiner Hartman Maher & Co., Hennessy Advisors Inc., Capital Insight Partners LLC, Cookson Peirce & Co. Inc., Campbell Newman Asset Management Inc., American National Bank and Douglass Winthrop Advisors LLC. Company insiders that have sold SunTrust Banks company stock in the last year include Agnes Bundy Scanlan, Hugh S Cummins III, Jerome T Lienhard, Jorge Arrieta, Kyle P Legg, Mark A Chancy and Susan S Johnson. View Insider Buying and Selling for SunTrust Banks.

Which major investors are buying SunTrust Banks stock?

STI stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Scout Investments Inc., DNB Asset Management AS, PGGM Investments, MERIAN GLOBAL INVESTORS UK Ltd, Nisa Investment Advisors LLC, First Hawaiian Bank and First American Bank. 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 $62.02.

How big of a company is SunTrust Banks?

SunTrust Banks has a market capitalization of $30.77 billion and generates $9.74 billion in revenue each year. The financial services provider earns $2.27 billion in net income (profit) each year or $4.04 on an earnings per share basis. SunTrust Banks employs 23,199 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:  722 (Vote Outperform)
Underperform Votes:  829 (Vote Underperform)
Total Votes:  1,551
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 10/18/2018 by MarketBeat.com Staff

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