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 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend is Thursday, November 7th. View SunTrust Banks' Dividend History.

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

SunTrust Banks, Inc. (NYSE:STI) released its quarterly earnings data on Thursday, October, 17th. The financial services provider reported $1.40 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $1.40. The financial services provider had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.33 billion. SunTrust Banks had a net margin of 22.31% and a return on equity of 11.40%. SunTrust Banks's revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm 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 analysts have issued twelve-month price objectives for SunTrust Banks' shares. Their forecasts range from $67.00 to $81.00. On average, they expect SunTrust Banks' stock price to reach $73.75 in the next twelve months. 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.

News stories about STI stock have trended extremely negative on Friday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. SunTrust Banks earned a daily sentiment score of -4.5 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock's share price in the near future. 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), Zions Bancorporation NA (ZION), Signature Bank (SBNY), East West Bancorp (EWBC), TCF Financial (TCF) and Cullen/Frost Bankers (CFR).

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), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), NVIDIA (NVDA) and Chipotle Mexican Grill (CMG).

SunTrust Banks' stock is owned by a number of of retail and institutional investors. Top institutional investors 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 and Steven C Voorhees. 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 bought 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]