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 2.26%. The ex-dividend date is Wednesday, May 30th. View SunTrust Banks' Dividend History.

SunTrust Banks declared that its board has approved a share buyback plan on Thursday, June 28th 2018, which authorizes the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.6% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are 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 return on equity of 10.05% and a net margin of 24.92%. The business's quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.03 EPS. View SunTrust Banks' Earnings History.

SunTrust Banks is scheduled to release their next quarterly earnings announcement on Thursday, October, 18th 2018. View Earnings Estimates for SunTrust Banks.

27 equities research analysts have issued twelve-month price objectives for SunTrust Banks' stock. Their predictions range from $55.00 to $85.00. On average, they expect SunTrust Banks' stock price to reach $70.2727 in the next twelve months. This suggests that the stock has a possible downside of 0.8%. 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).

News coverage about STI stock has been trending somewhat positive on Sunday, according to Accern Sentiment. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SunTrust Banks earned a daily sentiment score of 0.15 on Accern's scale. They also gave media headlines about the financial services provider an impact score of 45.89 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

SunTrust Banks' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.89%), DnB Asset Management AS (0.22%), Gillespie Robinson & Grimm Inc. (0.09%), Handelsbanken Fonder AB (0.07%), Deprince Race & Zollo Inc. (0.06%) and Nisa Investment Advisors LLC (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., RNC Capital Management LLC, Hartford Investment Management Co., Clinton Group Inc., Bremer Trust National Association, Cullinan Associates Inc., Hennessy Advisors Inc. and Retirement Systems of Alabama. 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 acquired 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 $70.84.

SunTrust Banks has a market capitalization of $32.93 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]