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

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$62.22 -0.85 (-1.35 %)
(As of 03/20/2019 03:02 PM ET)
Previous Close$63.07
Today's Range$61.61 - $63.12
52-Week Range$46.05 - $75.08
Volume3.76 million shs
Average Volume3.87 million shs
Market Capitalization$27.58 billion
P/E Ratio10.91
Dividend Yield3.10%
Beta1.55
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$7.4598 per share
Book Value$49.53 per share

Profitability

Net Income$2.78 billion

Miscellaneous

Employees22,899
Market Cap$27.58 billion
Next Earnings Date4/18/2019 (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 announced a quarterly dividend on Friday, February 15th. Shareholders of record on Thursday, February 28th will be paid a dividend of $0.50 per share on Friday, March 15th. This represents a $2.00 annualized dividend and a yield of 3.22%. The ex-dividend date of this dividend is Wednesday, February 27th. View SunTrust Banks' Dividend History.

How will SunTrust Banks' stock buyback program work?

SunTrust Banks declared that its board has approved a stock repurchase program on Thursday, June 28th 2018, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 6.6% of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its shares are undervalued.

How were SunTrust Banks' earnings last quarter?

SunTrust Banks, Inc. (NYSE:STI) announced its earnings results on Friday, January, 18th. The financial services provider reported $1.50 earnings per share for the quarter, topping analysts' consensus estimates of $1.40 by $0.10. The financial services provider had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.37 billion. SunTrust Banks had a net margin of 26.61% and a return on equity of 12.40%. The company's revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period last year, the firm earned $1.09 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, April 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, April 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?

20 brokerages have issued 1-year target prices for SunTrust Banks' stock. Their predictions range from $61.90 to $81.00. On average, they anticipate SunTrust Banks' stock price to reach $72.0213 in the next year. This suggests a possible upside of 16.0% from the stock's current price. View Analyst Price Targets for SunTrust Banks.

What is the consensus analysts' recommendation for SunTrust Banks?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunTrust Banks in the last year. There are currently 14 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 trended somewhat positive on Wednesday, according to InfoTrie Sentiment. 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 public companies on a scale of negative five to five, with scores nearest to five being the most favorable. SunTrust Banks earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an effect on the company's share price in the near future.

Are investors shorting SunTrust Banks?

SunTrust Banks saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 8,690,639 shares, an increase of 40.4% from the February 15th total of 6,191,216 shares. Based on an average daily trading volume, of 3,816,057 shares, the short-interest ratio is presently 2.3 days. Currently, 2.0% of the shares of the company 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 Bank of America (BAC), Walt Disney (DIS), Cisco Systems (CSCO), Intel (INTC), JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC), NVIDIA (NVDA), Micron Technology (MU), CA (CA) and Citigroup (C).

Who are SunTrust Banks' key executives?

SunTrust Banks' management team includes the folowing people:
  • Mr. William Henry Rogers Jr., Chairman & CEO (Age 61)
  • 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)
  • Ms. Laura Allison Dukes, Corp. Exec. VP & CFO (Age 44)
  • Mr. Ernest Nicholas Dawal Jr., C.F.A., CFA, Chief Investment Officer

Who are SunTrust Banks' major shareholders?

SunTrust Banks' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.01%), FMR LLC (3.91%), Bank of America Corp DE (2.49%), LSV Asset Management (1.41%), Geode Capital Management LLC (1.69%) and Northern Trust Corp (1.50%). 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 BlackRock Inc., FMR LLC, Bank of America Corp DE, Bank of New York Mellon Corp, First Trust Advisors LP, Boston Partners, Ferguson Wellman Capital Management Inc. and Inverness Counsel LLC NY. 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 and Mark A Chancy. View Insider Buying and Selling for SunTrust Banks.

Which institutional investors are buying SunTrust Banks stock?

STI stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, Bessemer Group Inc., Two Sigma Advisers LP, Stifel Financial Corp, Geode Capital Management LLC, Millennium Management LLC and Northern Trust Corp. 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 $62.08.

How big of a company is SunTrust Banks?

SunTrust Banks has a market capitalization of $27.52 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:  766 (Vote Outperform)
Underperform Votes:  875 (Vote Underperform)
Total Votes:  1,641
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 3/20/2019 by MarketBeat.com Staff

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