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 2.71%. 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 announced that its board has authorized a share repurchase program on Thursday, June 28th 2018, which allows the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 6.6% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its shares are undervalued.

SunTrust Banks, Inc. (NYSE:STI) released its quarterly earnings data on Friday, July, 20th. The financial services provider reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.19. The financial services provider had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.33 billion. SunTrust Banks had a net margin of 26.41% and a return on equity of 10.94%. SunTrust Banks's revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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 brokers have issued 12-month price targets for SunTrust Banks' shares. Their forecasts range from $55.00 to $86.00. On average, they expect SunTrust Banks' stock price to reach $72.0476 in the next year. This suggests that the stock has a possible downside of 2.3%. 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), DBS Grp HOLDING/S (DBSDY), Capital One Financial (COF), Mizuho Financial Group (MFG), Intesa Sanpaolo (ISNPY), BB&T (BBT), Standard Chartered (SCBFF), DANSKE Bk A/S/S (DNKEY), BANCO DO BRASIL/S (BDORY), KeyCorp (KEY) and Regions Financial (RF).

News stories about STI stock have been trending somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. 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 0.13 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 47.89 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for SunTrust Banks.

SunTrust Banks' stock is owned by a variety of of institutional and retail investors. Top institutional investors 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 $73.72.

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]