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 paid a dividend of $0.40 per share on Friday, June 15th. This represents a $1.60 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date is Wednesday, May 30th. View SunTrust Banks' Dividend History.

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

SunTrust Banks, Inc. (NYSE:STI) issued its earnings results on Friday, April, 20th. The financial services provider reported $1.29 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.11 by $0.18. The financial services provider earned $2.26 billion during the quarter, compared to analyst estimates of $2.29 billion. SunTrust Banks had a return on equity of 10.05% and a net margin of 24.92%. The business's revenue was up .4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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 brokers have issued 12-month price targets 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 twelve months. This suggests a possible upside of 1.8% 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).

Media headlines about STI stock have been trending somewhat negative recently, Accern Sentiment reports. The research group identifies negative and positive media coverage by reviewing 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 closest to one being the most favorable. SunTrust Banks earned a media sentiment score of -0.15 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 48.72 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

SunTrust Banks' stock is owned by a number of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.89%), DnB Asset Management AS (0.22%), Handelsbanken Fonder AB (0.07%), Deprince Race & Zollo Inc. (0.06%), Nisa Investment Advisors LLC (0.05%) and Retirement Systems of Alabama (0.05%). 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., Hartford Investment Management Co., Clinton Group Inc., Bremer Trust National Association, Cullinan Associates Inc., Retirement Systems of Alabama, Gateway Investment Advisers LLC and Deprince Race & Zollo Inc.. 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 purchased 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, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Nippon Life Global Investors Americas Inc. and Searle & CO.. 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 $69.02.

SunTrust Banks has a market capitalization of $32.03 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]