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SunTrust Banks Stock Price, Forecast & Analysis (NYSE:STI)

$70.23
-0.16 (-0.23 %)
(As of 11/14/2019 04:52 AM ET)
Today's Range
$69.23
Now: $70.23
$70.58
50-Day Range
$65.42
MA: $68.47
$71.43
52-Week Range
$46.05
Now: $70.23
$71.75
Volume1.33 million shs
Average Volume3.21 million shs
Market Capitalization$31.18 billion
P/E Ratio12.32
Dividend Yield3.18%
Beta1.53
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. Read More…

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$7.64 per share
Book Value$49.53 per share

Profitability

Net Income$2.78 billion

Miscellaneous

Employees22,899
Market Cap$31.18 billion
Next Earnings Date1/17/2020 (Estimated)
OptionableOptionable

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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 Monday, October 28th. Shareholders of record on Friday, November 8th will be paid a dividend of $0.56 per share on Monday, November 18th. This represents a $2.24 dividend on an annualized basis and a yield of 3.19%. The ex-dividend date is Thursday, November 7th. View SunTrust Banks' Dividend History.

How will SunTrust Banks' stock buyback program work?

SunTrust Banks announced that its Board of Directors has initiated a stock buyback program on Thursday, June 28th 2018, which authorizes the company to buyback $2,000,000,000.00 in outstanding 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 typically a sign that the company's management believes its shares are undervalued.

How were SunTrust Banks' earnings last quarter?

SunTrust Banks, Inc. (NYSE:STI) released its earnings results on Thursday, October, 17th. The financial services provider reported $1.40 earnings per share for the quarter, meeting the consensus estimate of $1.40. The financial services provider earned $2.35 billion during the quarter, compared to the consensus estimate of $2.33 billion. SunTrust Banks had a net margin of 22.31% and a return on equity of 11.40%. The firm's revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.56 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, January 17th 2020. View Earnings Estimates for SunTrust Banks.

What price target have analysts set for STI?

13 brokerages have issued twelve-month target prices for SunTrust Banks' shares. Their forecasts range from $61.90 to $81.00. On average, they anticipate SunTrust Banks' share price to reach $69.12 in the next twelve months. This suggests that the stock has a possible downside of 1.6%. View Analyst Price Targets for SunTrust Banks.

What is the consensus analysts' recommendation for SunTrust Banks?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunTrust Banks in the last year. There are currently 10 hold ratings and 3 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?

News stories about STI stock have been trending somewhat positive on Thursday, according to InfoTrie. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SunTrust Banks earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for SunTrust Banks.

Are investors shorting SunTrust Banks?

SunTrust Banks saw a increase in short interest in October. As of October 31st, there was short interest totalling 9,350,000 shares, an increase of 14.7% from the September 30th total of 8,150,000 shares. Based on an average daily volume of 2,550,000 shares, the days-to-cover ratio is presently 3.7 days. Currently, 2.1% of the company's stock are sold short. View SunTrust Banks' Current Options Chain.

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), NVIDIA (NVDA) and Wells Fargo & Co (WFC).

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 retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.66%), Massachusetts Financial Services Co. MA (0.47%), Sumitomo Mitsui Trust Holdings Inc. (0.38%), ARP Americas LP (0.26%), California Public Employees Retirement System (0.23%) and Rhumbline Advisers (0.18%). Company insiders that own SunTrust Banks stock include Agnes Bundy Scanlan, Ellen Koebler, Frank P Scruggs Jr, Hugh S Cummins III, Jerome T Lienhard, Jorge Arrieta, Mark A Chancy, Robert Ryan Richards, 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 Anchor Capital Advisors LLC, Russell Investments Group Ltd., Hancock Whitney Corp, State of New Jersey Common Pension Fund D, Janney Montgomery Scott LLC, Boston Trust Walden Corp, BB&T Securities LLC and Commonwealth Equity Services LLC. Company insiders that have sold SunTrust Banks company stock in the last year include Ellen Koebler, Frank P Scruggs Jr, Jorge Arrieta, Mark A Chancy and Robert Ryan Richards. 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 Assenagon Asset Management S.A., Strs Ohio, ARP Americas LP, SG Americas Securities LLC, GABELLI & Co INVESTMENT ADVISERS INC., California Public Employees Retirement System, Massachusetts Financial Services Co. MA and Gabelli Funds 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, Robinhood, Fidelity and Charles Schwab.

What is SunTrust Banks' stock price today?

One share of STI stock can currently be purchased for approximately $70.23.

How big of a company is SunTrust Banks?

SunTrust Banks has a market capitalization of $31.18 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.View Additional Information About SunTrust Banks.

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:  822 (Vote Outperform)
Underperform Votes:  934 (Vote Underperform)
Total Votes:  1,756
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 11/14/2019 by MarketBeat.com Staff

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