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

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

SunTrust Banks declared a quarterly dividend on Monday, October 28th. Investors 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.

SunTrust Banks declared that its board has authorized a share repurchase plan on Thursday, June 28th 2018, which permits the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 6.6% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

SunTrust Banks, Inc. (NYSE:STI) announced its quarterly earnings data on Thursday, October, 17th. The financial services provider reported $1.40 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.40. The financial services provider earned $2.35 billion during the quarter, compared to analysts' expectations of $2.33 billion. SunTrust Banks had a net margin of 22.31% and a return on equity of 11.40%. The company's quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.56 earnings per share. View SunTrust Banks' Earnings History.

SunTrust Banks is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for SunTrust Banks.

6 brokerages have issued 12 month target prices for SunTrust Banks' stock. Their forecasts range from $67.00 to $81.00. On average, they anticipate SunTrust Banks' stock price to reach $73.75 in the next year. This suggests a possible upside of 5.2% from the stock's current price. View Analyst Price Targets for SunTrust Banks.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunTrust Banks in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SunTrust Banks.

Media coverage about STI stock has been trending very negative on Thursday, according to InfoTrie. The research group scores the sentiment of media 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 positive five, with scores closest to five being the most favorable. SunTrust Banks earned a coverage optimism score of -3.4 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for SunTrust Banks.

Some companies that are related to SunTrust Banks include PNC Financial Services Group (PNC), Truist Financial (TFC), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), East West Bancorp (EWBC), TCF Financial (TCF) and Western Alliance Bancorporation (WAL).

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), Walt Disney (DIS), Endologix (ELGX), Micron Technology (MU), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA) and Home Depot (HD).

SunTrust Banks' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Coastal Investment Advisors Inc. (0.00%), ERTS Wealth Advisors LLC (0.00%) and ERTS Wealth Advisors LLC (0.00%). 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, Laura Allison Dukes, Mark A Chancy, Robert Ryan Richards, Steven C Voorhees and Susan S Johnson. View Institutional Ownership Trends for SunTrust Banks.

STI stock was sold by a variety of institutional investors in the last quarter, including Coastal Investment Advisors Inc.. Company insiders that have sold SunTrust Banks company stock in the last year include Ellen Koebler, Frank P Scruggs Jr, Hugh S Cummins III, Jorge Arrieta, Laura Allison Dukes, Mark A Chancy and Robert Ryan Richards. View Insider Buying and Selling for SunTrust Banks.

STI stock was purchased by a variety of institutional investors in the last quarter, including ERTS Wealth Advisors LLC and ERTS Wealth Advisors 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.

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.

One share of STI stock can currently be purchased for approximately $70.13.

SunTrust Banks has a market capitalization of $31.14 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.

The official website for SunTrust Banks is http://www.suntrust.com/.

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]