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

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

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.

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.

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.

SunTrust Banks is scheduled to release their next quarterly earnings announcement on Friday, October 19th 2018. View Earnings Estimates for SunTrust Banks.

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.

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.

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.

Some companies that are related to SunTrust Banks include U.S. Bancorp (USB), PNC Financial Services Group (PNC), Industrial & Cmrcl Bnk f China (IDCBY), UBS Group (UBS), National Australia Bank (NABZY), DBS Grp HOLDING/S (DBSDY), Capital One Financial (COF), Mizuho Financial Group (MFG), Intesa Sanpaolo (ISNPY), BB&T (BBT), Standard Chartered (SCBFF), DANSKE Bk A/S/S (DNKEY), KeyCorp (KEY), BANCO DO BRASIL/S (BDORY) and Regions Financial (RF).

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.

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.

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.

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.

One share of STI stock can currently be purchased for approximately $62.02.

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.

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

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]