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

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$52.18 -0.89 (-1.68 %)
(As of 12/17/2018 01:41 AM ET)
Previous Close$52.18
Today's Range$52.0350 - $53.45
52-Week Range$52.03 - $75.08
Volume6.09 million shs
Average Volume3.28 million shs
Market Capitalization$23.44 billion
P/E Ratio12.92
Dividend Yield3.83%
Beta1.25
SunTrust Banks, Inc. is a bank and financial holding company that engages in the provision of financial services. It offers deposit, credit, mortgage banking, trust and investment, asset management, securities brokerage, and capital market services. It operates through the following segments: Consumer, Wholesale, and Corporate Other. The Consumer segment consists of consumer banking, lending, wealth management, and mortgage banking services. The Wholesale segment relates to advisory, capital raising, and financial risk management; commercial and business banking, commercial real estate; as well as treasury and payment solutions. The Corporate Other segment covers management of the company's investment securities portfolio, long-term debt, end user derivative instruments, short-term liquidity and funding activities, balance sheet risk management, and most real estate assets. The company was founded in July 12, 1984 and is headquartered in Atlanta, GA.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNYSE:STI
Previous Symbol
CUSIP86791410
Phone800-786-8787

Debt

Debt-to-Equity Ratio0.65
Current Ratio0.95
Quick Ratio0.93

Price-To-Earnings

Trailing P/E Ratio12.92
Forward P/E Ratio9.30
P/E Growth0.86

Sales & Book Value

Annual Sales$9.74 billion
Price / Sales2.41
Cash Flow$5.9295 per share
Price / Cash Flow8.80
Book Value$48.16 per share
Price / Book1.08

Profitability

EPS (Most Recent Fiscal Year)$4.04
Net Income$2.27 billion
Net Margins28.17%
Return on Equity11.66%
Return on Assets1.26%

Miscellaneous

Employees23,785
Outstanding Shares449,290,000
Market Cap$23.44 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 announced 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 dividend on an annualized basis and a dividend yield of 3.83%. The ex-dividend date of this dividend 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 stock repurchase plan 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 purchase up to 6.6% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board of directors believes its stock is undervalued.

How were SunTrust Banks' earnings last quarter?

SunTrust Banks, Inc. (NYSE:STI) announced its quarterly earnings data on Friday, October, 19th. The financial services provider reported $1.56 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.39 by $0.17. The financial services provider had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.35 billion. SunTrust Banks had a net margin of 28.17% and a return on equity of 11.66%. The company's revenue for the quarter was down .8% on a year-over-year basis. During the same period in the prior year, the company posted $1.06 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, January 18th 2019. View Earnings Estimates for SunTrust Banks.

What price target have analysts set for STI?

20 equities research analysts have issued 12-month price targets for SunTrust Banks' shares. Their predictions range from $70.00 to $86.00. On average, they anticipate SunTrust Banks' share price to reach $77.0769 in the next year. This suggests a possible upside of 47.7% 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 1 sell rating, 7 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SunTrust Banks.

Has SunTrust Banks been receiving favorable news coverage?

Media stories about STI stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SunTrust Banks earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Who are some of SunTrust Banks' key competitors?

Who are SunTrust Banks' key executives?

SunTrust Banks' management team includes the folowing people:
  • Bill Rogers, Chairman & Chief Executive Officer
  • Mark A. Chancy, Vice-Chairman & Co-Chief Operating Officer
  • Hugh S. Cummins, Co-Chief Operating Officer & Corporate EVP
  • L. Allison Dukes, Chief Financial Officer
  • Scott Case, Chief Information 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. (9.20%), Vanguard Group Inc. (8.10%), Vanguard Group Inc (8.10%), Capital World Investors (4.67%), FMR LLC (4.04%) and Capital International Investors (1.47%). 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 institutional investors are selling SunTrust Banks stock?

STI stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, FMR LLC, TIAA CREF Investment Management LLC, BlackRock Inc., Standard Life Aberdeen plc, Standard Life Aberdeen plc, Bank of New York Mellon Corp and First Trust Advisors LP. 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 institutional investors are buying SunTrust Banks stock?

STI stock was bought by a variety of institutional investors in the last quarter, including Capital International Investors, Vanguard Group Inc, Vanguard Group Inc., Bridgeway Capital Management Inc., The Manufacturers Life Insurance Company, Morgan Stanley, Canada Pension Plan Investment Board and Bank of Montreal Can. 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 $52.18.

How big of a company is SunTrust Banks?

SunTrust Banks has a market capitalization of $23.44 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.

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:  744 (Vote Outperform)
Underperform Votes:  848 (Vote Underperform)
Total Votes:  1,592
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 12/17/2018 by MarketBeat.com Staff

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