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

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$57.36 +1.37 (+2.45 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$55.99
Today's Range$56.14 - $57.65
52-Week Range$46.05 - $75.08
Volume3.97 million shs
Average Volume5.18 million shs
Market Capitalization$25.22 billion
P/E Ratio14.20
Dividend Yield3.61%
Beta1.39
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

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

Debt

Current Ratio0.95
Quick Ratio0.93

Price-To-Earnings

Sales & Book Value

Annual Sales$9.74 billion
Price / Sales2.65
Cash Flow$6.0570 per share
Price / Cash Flow9.47
Book Value$48.16 per share
Price / Book1.19

Profitability

Net Income$2.27 billion
Net Margins28.17%
Return on Assets1.26%

Miscellaneous

Employees23,785
Market Cap$25.22 billion
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 Wednesday, November 14th. Stockholders of record on Friday, November 30th will be paid a dividend of $0.50 per share on Monday, December 17th. This represents a $2.00 annualized dividend and a dividend yield of 3.49%. The ex-dividend date is Thursday, November 29th. View SunTrust Banks' Dividend History.

How will SunTrust Banks' stock buyback program work?

SunTrust Banks announced that its board has approved a share 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 reacquire up to 6.6% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its stock is undervalued.

How were SunTrust Banks' earnings last quarter?

SunTrust Banks, Inc. (NYSE:STI) issued its quarterly earnings data on Friday, October, 19th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.17. The financial services provider earned $2.29 billion during the quarter, compared to the consensus estimate of $2.35 billion. SunTrust Banks had a return on equity of 11.66% and a net margin of 28.17%. The business's quarterly revenue was down .8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.06 EPS. 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 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 Friday, January 18th 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?

19 brokerages have issued twelve-month price targets for SunTrust Banks' stock. Their forecasts range from $62.00 to $86.00. On average, they anticipate SunTrust Banks' stock price to reach $75.4167 in the next twelve months. This suggests a possible upside of 31.5% from the stock's current price. View Analyst Price Targets for SunTrust Banks.

What is the consensus analysts' recommendation for SunTrust Banks?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunTrust Banks in the last year. There are currently 1 sell rating, 8 hold ratings and 10 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 articles about STI stock have been trending somewhat negative recently, InfoTrie reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. SunTrust Banks earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

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 a number of of retail and institutional investors. Top institutional investors include DNB Asset Management AS (0.27%), Ferguson Wellman Capital Management Inc. (0.11%), Copper Rock Capital Partners LLC (0.05%), Abner Herrman & Brock LLC (0.04%), Pennsylvania Trust Co (0.03%) and Cullinan Associates Inc. (0.03%). 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, Susan S Johnson and Thomas E Freeman. 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 Ferguson Wellman Capital Management Inc., Scout Investments Inc., American National Bank, Gulf International Bank UK Ltd, First Citizens Bank & Trust Co., West Oak Capital LLC, Cullinan Associates Inc. and RNC Capital Management 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, 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 Copper Rock Capital Partners LLC, DNB Asset Management AS, Hennessy Advisors Inc., YHB Investment Advisors Inc., Town & Country Bank & Trust CO dba First Bankers Trust CO, Steward Partners Investment Advisory LLC, State of Alaska Department of Revenue and Norway Savings 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 $57.36.

How big of a company is SunTrust Banks?

SunTrust Banks has a market capitalization of $25.22 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 23,785 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:  749 (Vote Outperform)
Underperform Votes:  852 (Vote Underperform)
Total Votes:  1,601
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 1/16/2019 by MarketBeat.com Staff

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