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

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

SunTrust Banks declared a quarterly dividend on Tuesday, August 14th. Stockholders of record on Friday, August 31st will be given a dividend of $0.50 per share on Monday, September 17th. This represents a $2.00 annualized dividend and a dividend yield of 2.70%. The ex-dividend date of this dividend is Thursday, August 30th. This is an increase from SunTrust Banks's previous quarterly dividend of $0.40. View SunTrust Banks' Dividend History.

SunTrust Banks declared that its board has approved a share buyback program on Thursday, June 28th 2018, which permits the company to buyback $2,000,000,000.00 in 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 programs are generally an indication that the company's board of directors believes its stock is undervalued.

SunTrust Banks, Inc. (NYSE:STI) announced its earnings results on Friday, July, 20th. The financial services provider reported $1.49 EPS for the quarter, beating the Zacks' consensus estimate of $1.30 by $0.19. The financial services provider earned $2.32 billion during the quarter, compared to analyst estimates of $2.33 billion. SunTrust Banks had a net margin of 26.41% and a return on equity of 10.94%. The firm's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.03 earnings per share. View SunTrust Banks' Earnings History.

SunTrust Banks is scheduled to release their next quarterly earnings announcement on Friday, October, 19th 2018. View Earnings Estimates for SunTrust Banks.

26 analysts have issued twelve-month target prices for SunTrust Banks' stock. Their forecasts range from $55.00 to $86.00. On average, they anticipate SunTrust Banks' stock price to reach $72.0476 in the next year. This suggests that the stock has a possible downside of 2.7%. View Analyst Price Targets for SunTrust Banks.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunTrust Banks in the last year. There are currently 1 sell rating, 11 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SunTrust Banks.

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

News articles about STI stock have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. SunTrust Banks earned a news and rumor sentiment score of 0.02 on Accern's scale. They also assigned news headlines about the financial services provider an impact score of 48.34 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for SunTrust Banks.

SunTrust Banks' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.38%), FMR LLC (4.76%), LSV Asset Management (1.39%), Bank of New York Mellon Corp (1.34%), American Century Companies Inc. (1.25%) and Boston Partners (1.17%). 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, Jorge Arrieta, 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 BlackRock Inc., Victory Capital Management Inc., American Century Companies Inc., FMR LLC, Morgan Stanley, OppenheimerFunds Inc., Scout Investments Inc. and Canada Pension Plan Investment Board. 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, 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, First Trust Advisors LP, Bank of Nova Scotia, Janus Henderson Group PLC, Inverness Counsel LLC NY, Millennium Management LLC, Standard Life Aberdeen plc and DnB Asset Management AS. 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 $74.04.

SunTrust Banks has a market capitalization of $33.15 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]