NYSE:STI - SunTrust Banks Stock Price, Price Target & More

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

SunTrust Banks announced a quarterly dividend on Tuesday, April 24th. Shareholders of record on Thursday, May 31st will be given a dividend of $0.40 per share on Friday, June 15th. This represents a $1.60 annualized dividend and a yield of 2.31%. The ex-dividend date is Wednesday, May 30th. View SunTrust Banks' Dividend History.

SunTrust Banks declared that its Board of Directors has authorized a share repurchase program on Thursday, June 28th 2018, which allows the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows 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.

SunTrust Banks, Inc. (NYSE:STI) issued its quarterly earnings results on Friday, April, 20th. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.11 by $0.18. The financial services provider had revenue of $2.26 billion for the quarter, compared to analysts' expectations of $2.29 billion. SunTrust Banks had a net margin of 24.92% and a return on equity of 10.05%. The business's revenue for the quarter was up .4% on a year-over-year basis. During the same period in the prior year, the business posted $0.91 earnings per share. View SunTrust Banks' Earnings History.

SunTrust Banks is scheduled to release their next quarterly earnings announcement on Friday, July, 20th 2018. View Earnings Estimates for SunTrust Banks.

27 equities research analysts have issued 1 year target prices for SunTrust Banks' stock. Their predictions range from $55.00 to $85.00. On average, they expect SunTrust Banks' share price to reach $70.2727 in the next year. This suggests a possible upside of 1.7% from the stock's current price. View Analyst Ratings for SunTrust Banks.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunTrust Banks in the last year. There are currently 14 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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), Intesa Sanpaolo (ISNPY), Mizuho Financial Group (MFG), BB&T (BBT), Standard Chartered (SCBFF), DANSKE Bk A/S/S (DNKEY), BANCO DO BRASIL/S (BDORY), KeyCorp (KEY) and Regions Financial (RF).

News headlines about STI stock have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. SunTrust Banks earned a news impact score of 0.10 on Accern's scale. They also assigned media stories about the financial services provider an impact score of 46.62 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

SunTrust Banks' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.89%), DnB Asset Management AS (0.22%), Handelsbanken Fonder AB (0.07%), Dalton Greiner Hartman Maher & Co. (0.04%), Abner Herrman & Brock LLC (0.04%) and Scout Investments Inc. (0.03%). 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, 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 Scout Investments Inc., Clinton Group Inc., Bremer Trust National Association, Cullinan Associates Inc., Gateway Investment Advisers LLC, Ledyard National Bank, Park National Corp OH and Capital One National Association. Company insiders that have sold SunTrust Banks company stock in the last year include Agnes Bundy Scanlan, Hugh S Cummins III, Jerome T Lienhard, 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, DnB Asset Management AS, Handelsbanken Fonder AB, Dalton Greiner Hartman Maher & Co., Manning & Napier Group LLC, Pennsylvania Trust Co, Xact Kapitalforvaltning AB and IFM Investors Pty Ltd. 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 $69.13.

SunTrust Banks has a market capitalization of $31.44 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.

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]