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 declared a quarterly dividend on Tuesday, April 24th. Stockholders of record on Thursday, May 31st will be given a dividend of $0.40 per share on Friday, June 15th. This represents a $1.60 annualized dividend and a dividend yield of 2.33%. The ex-dividend date of this dividend is Wednesday, May 30th. View SunTrust Banks' Dividend History.

SunTrust Banks declared that its Board of Directors has approved a stock buyback program on Thursday, June 28th 2018, which allows the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.6% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

SunTrust Banks, Inc. (NYSE:STI) announced its quarterly 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 the consensus estimate of $2.29 billion. SunTrust Banks had a return on equity of 10.05% and a net margin of 24.92%. The firm's revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.91 EPS. 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 Wall Street analysts have issued twelve-month target prices 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 a possible upside of 2.3% 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).

News coverage about STI stock has been trending positive recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of news 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 -1 to 1, with scores closest to one being the most favorable. SunTrust Banks earned a media sentiment score of 0.43 on Accern's scale. They also assigned news coverage about the financial services provider an impact score of 47.48 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

SunTrust Banks' stock is owned by a variety 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%), Dalton Greiner Hartman Maher & Co. (0.04%), Abner Herrman & Brock LLC (0.04%) and Scout Investments Inc. (0.03%). 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., Clinton Group Inc., Bremer Trust National Association, Cullinan Associates Inc., Gateway Investment Advisers LLC, Ledyard National Bank, Park National Corp OH and Capital One National Association. 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 bought 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, Pennsylvania Trust Co, Xact Kapitalforvaltning AB and IFM Investors Pty Ltd. 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 $68.70.

SunTrust Banks has a market capitalization of $31.44 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.

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]