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 dividend on an annualized basis and a dividend yield of 2.37%. 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 repurchase plan 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 purchase up to 6.6% of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its stock is undervalued.

SunTrust Banks, Inc. (NYSE:STI) released its quarterly earnings data on Friday, April, 20th. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.11 by $0.18. The financial services provider had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.29 billion. SunTrust Banks had a net margin of 24.92% and a return on equity of 10.05%. The firm's quarterly revenue was up .4% compared to the same quarter last year. During the same period in the previous year, the firm 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 analysts have issued twelve-month target prices for SunTrust Banks' stock. Their predictions range from $55.00 to $85.00. On average, they anticipate SunTrust Banks' share price to reach $70.2727 in the next twelve months. This suggests a possible upside of 3.9% 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 positive this week, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. SunTrust Banks earned a news sentiment score of 0.11 on Accern's scale. They also gave news stories about the financial services provider an impact score of 45.17 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

SunTrust Banks' stock is owned by a number of of retail and institutional investors. Top institutional investors include DnB Asset Management AS (0.22%), Handelsbanken Fonder AB (0.07%), Dalton Greiner Hartman Maher & Co. (0.04%), Abner Herrman & Brock LLC (0.04%), Cullinan Associates Inc. (0.03%) and Ledyard National Bank (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 Clinton Group Inc., Bremer Trust National Association, Cullinan Associates Inc., Gateway Investment Advisers LLC, Ledyard National Bank, Park National Corp OH and Copper Rock Capital Partners LLC. 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 DnB Asset Management AS, Handelsbanken Fonder AB, Dalton Greiner Hartman Maher & Co., Manning & Napier Group LLC, Pennsylvania Trust Co, Xact Kapitalforvaltning AB, IFM Investors Pty Ltd and Atria Investments 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, Scottrade, Fidelity and Charles Schwab.

One share of STI stock can currently be purchased for approximately $67.64.

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]