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

$68.65
+0.49 (+0.72 %)
(As of 09/15/2019 11:57 AM ET)
Today's Range
$68.16
Now: $68.65
$69.35
50-Day Range
$58.97
MA: $62.31
$68.87
52-Week Range
$46.05
Now: $68.65
$71.40
Volume2.09 million shs
Average Volume2.34 million shs
Market Capitalization$30.48 billion
P/E Ratio12.04
Dividend Yield3.29%
Beta1.51
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$7.7834 per share
Book Value$49.53 per share

Profitability

Net Income$2.78 billion

Miscellaneous

Employees22,899
Market Cap$30.48 billion
Next Earnings Date10/18/2019 (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 Tuesday, August 13th. Shareholders of record on Friday, August 30th will be given a dividend of $0.56 per share on Monday, September 16th. This represents a $2.24 annualized dividend and a dividend yield of 3.26%. The ex-dividend date is Thursday, August 29th. This is an increase from SunTrust Banks's previous quarterly dividend of $0.50. View SunTrust Banks' Dividend History.

How will SunTrust Banks' stock buyback program work?

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

How were SunTrust Banks' earnings last quarter?

SunTrust Banks, Inc. (NYSE:STI) released its quarterly earnings data on Thursday, July, 18th. The financial services provider reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $0.02. The financial services provider earned $2.56 billion during the quarter, compared to analyst estimates of $2.39 billion. SunTrust Banks had a net margin of 23.92% and a return on equity of 11.86%. The firm's revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.49 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 18th 2019. View Earnings Estimates for SunTrust Banks.

What price target have analysts set for STI?

15 brokerages have issued twelve-month 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 $70.0283 in the next year. This suggests a possible upside of 2.0% from the stock's current price. View Analyst Price Targets for SunTrust Banks.

What is the consensus analysts' recommendation for SunTrust Banks?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunTrust Banks in the last year. There are currently 11 hold ratings and 4 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?

Press coverage about STI stock has been trending somewhat positive on Sunday, according to InfoTrie. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. SunTrust Banks earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for SunTrust Banks.

Are investors shorting SunTrust Banks?

SunTrust Banks saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 10,041,100 shares, an increase of 16.8% from the July 31st total of 8,596,600 shares. Based on an average trading volume of 2,730,000 shares, the short-interest ratio is currently 3.7 days. Currently, 2.3% of the company's stock are short sold. 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), Micron Technology (MU), Endologix (ELGX), Cisco Systems (CSCO), Walt Disney (DIS), Wells Fargo & Co (WFC), Intel (INTC) and NVIDIA (NVDA).

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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.90%), BlackRock Inc. (7.75%), BlackRock Inc. (7.75%), Boston Partners (1.70%), LSV Asset Management (1.28%) and Northern Trust Corp (1.14%). 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, Kyle P Legg, 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 Vanguard Group Inc., Quest Capital Management Inc. ADV, LSV Asset Management, SG Americas Securities LLC, Natixis, Natixis, Victory Capital Management Inc. and Jennison Associates 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 purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., Boston Partners, Balyasny Asset Management LLC, Schafer Cullen Capital Management Inc, Hexavest Inc., Grantham Mayo Van Otterloo & Co. LLC and DLD Asset Management LP. 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 $68.65.

How big of a company is SunTrust Banks?

SunTrust Banks has a market capitalization of $30.48 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:  797 (Vote Outperform)
Underperform Votes:  908 (Vote Underperform)
Total Votes:  1,705
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 9/15/2019 by MarketBeat.com Staff

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