NYSE:TFC Truist Financial Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Truist Financial Corporation Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $36.17 +0.70 (+1.97 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$34.86Now: $36.17▼$36.2350-Day Range$35.43MA: $38.63▼$40.8152-Week Range$24.01Now: $36.17▼$56.92Volume3.56 million shsAverage Volume6.65 million shsMarket Capitalization$48.74 billionP/E Ratio11.67Dividend Yield5.07%Beta1.41 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Truist Financial Corp., formerly BB&T, is a bank holding company based in Charlotte, North Carolina. Its bank operates 2,049 branches in 15 states and Washington, D.C., and offers consumer and commercial banking, securities brokerage, asset management, mortgage, and insurance products and services.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingTruist Financial has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 14 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $45.68, Truist Financial has a forecasted upside of 26.3% from its current price of $36.17.Amount of Analyst CoverageTruist Financial has only been the subject of 3 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesTruist Financial has received 713 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTruist Financial has received 976 “underperform” votes. (Add your “underperform” vote.)Community SentimentTruist Financial has received 57.79% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Truist Financial and other stocks. Vote “Outperform” if you believe TFC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TFC will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipTruist Financial is a leading dividend payer. It pays a dividend yield of 5.07%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTruist Financial has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Truist Financial is 41.19%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Truist Financial will have a dividend payout ratio of 54.88% next year. This indicates that Truist Financial will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Truist Financial insiders have sold 2,236.91% more of their company's stock than they have bought. Specifically, they have bought $150,000.00 in company stock and sold $3,505,367.00 in company stock.Percentage Held by InsidersOnly 0.35% of the stock of Truist Financial is held by insiders.Percentage Held by Institutions73.36% of the stock of Truist Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Truist Financial are expected to grow by 3.14% in the coming year, from $3.18 to $3.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Truist Financial is 11.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Truist Financial is 11.67, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.26.Price to Earnings Growth RatioTruist Financial has a PEG Ratio of 1.46. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTruist Financial has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.45 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNYSE:TFC Previous Symbol CUSIP89832Q109 CIK92230 Webwww.truist.com Phone336-733-2000Debt Debt-to-Equity Ratio0.68 Current Ratio0.95 Quick Ratio0.93Price-To-Earnings Trailing P/E Ratio11.67 Forward P/E Ratio11.37 P/E Growth1.46 Sales & Book Value Annual Sales$14.66 billion Price / Sales3.32 Cash Flow$2.95 per share Price / Cash Flow12.25 Book Value$45.79 per share Price / Book0.79Profitability EPS (Most Recent Fiscal Year)$4.37 Net Income$3.22 billion Net Margins17.32% Return on Equity8.07% Return on Assets1.00%Miscellaneous Employees59,000 Outstanding Shares1,347,609,000Market Cap$48.74 billion Next Earnings Date10/15/2020 (Confirmed) OptionableOptionable $36.17 +0.70 (+1.97 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive TFC News and Ratings via Email Sign-up to receive the latest news and ratings for TFC and its competitors with MarketBeat's FREE daily newsletter. Truist Financial (NYSE:TFC) Frequently Asked Questions How has Truist Financial's stock price been impacted by COVID-19 (Coronavirus)? Truist Financial's stock was trading at $33.66 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TFC shares have increased by 7.5% and is now trading at $36.17. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Truist Financial? 21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Truist Financial in the last year. There are currently 7 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Truist Financial. When is Truist Financial's next earnings date? Truist Financial is scheduled to release its next quarterly earnings announcement on Thursday, October 15th 2020. View our earnings forecast for Truist Financial. How can I listen to Truist Financial's earnings call? Truist Financial will be holding an earnings conference call on Thursday, October 15th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Truist Financial's earnings last quarter? Truist Financial Corporation (NYSE:TFC) posted its earnings results on Thursday, July, 16th. The insurance provider reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.18. The insurance provider earned $5.87 billion during the quarter, compared to analysts' expectations of $5.53 billion. Truist Financial had a net margin of 17.32% and a return on equity of 8.07%. During the same quarter in the prior year, the firm earned $1.09 earnings per share. View Truist Financial's earnings history. How often does Truist Financial pay dividends? What is the dividend yield for Truist Financial? Truist Financial declared a quarterly dividend on Tuesday, July 28th. Shareholders of record on Friday, August 14th will be given a dividend of $0.45 per share on Tuesday, September 1st. This represents a $1.80 annualized dividend and a dividend yield of 4.98%. The ex-dividend date of this dividend is Thursday, August 13th. View Truist Financial's dividend history. What price target have analysts set for TFC? 21 brokers have issued 12 month price objectives for Truist Financial's shares. Their forecasts range from $36.00 to $58.00. On average, they expect Truist Financial's stock price to reach $45.68 in the next year. This suggests a possible upside of 26.3% from the stock's current price. View analysts' price targets for Truist Financial. Are investors shorting Truist Financial? Truist Financial saw a drop in short interest in August. As of August 31st, there was short interest totaling 12,280,000 shares, a drop of 20.7% from the August 15th total of 15,490,000 shares. Based on an average daily trading volume, of 5,320,000 shares, the short-interest ratio is presently 2.3 days. Currently, 0.9% of the company's stock are sold short. View Truist Financial's Short Interest. Who are some of Truist Financial's key competitors? Some companies that are related to Truist Financial include PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), Signature Bank (SBNY), East West Bancorp (EWBC), Cullen/Frost Bankers (CFR) and First Financial Bankshares (FFIN). View all competitors. What other stocks do shareholders of Truist Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other Truist Financial investors own include Bank of America (BAC), AT&T (T), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), Verizon Communications (VZ), Walt Disney (DIS), Pfizer (PFE), Wells Fargo & Company (WFC), Exxon Mobil (XOM) and Cisco Systems (CSCO). Who are Truist Financial's key executives? Truist Financial's management team includes the following people: Mr. Kelly Stuart King, Chairman & CEO (Age 71)Mr. Christopher Lee Henson, Pres & COO (Age 58)Mr. Daryl N. Bible, Sr. EVP & CFO (Age 58)Ms. Barbara F. Duck, Sr. EVP & Chief Information Officer (Age 52)Mr. Clarke R. Starnes III, Sr. EVP & Chief Risk Officer (Age 60) What is Truist Financial's stock symbol? Truist Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "TFC." Who are Truist Financial's major shareholders? Truist Financial's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.11%), BlackRock Inc. (6.57%), Bank of America Corp DE (2.97%), FMR LLC (1.61%), Copper Rock Capital Partners LLC (1.44%) and Macquarie Group Ltd. (1.32%). Company insiders that own Truist Financial stock include Brantley J Standridge, Cynthia B Powell, David Hudson Weaver, Donta L Wilson, Ellen Koebler, Global Food Holdings Lp 3G, I Patricia Henry, K David Jr Boyer, Kelly S King, Louis B Lynn, Michael Baron Maguire, Nido R Qubein, Patrick C Graney III, Thomas E Skains, Thomas Nichols Thompson and William H Rogers Jr. View institutional ownership trends for Truist Financial. Which institutional investors are selling Truist Financial stock? TFC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, First Eagle Investment Management LLC, UBS Group AG, LSV Asset Management, Vanguard Group Inc., Cullen Capital Management LLC, and Principal Financial Group Inc.. Company insiders that have sold Truist Financial company stock in the last year include Brantley J Standridge, David Hudson Weaver, Donta L Wilson, Ellen Koebler, K David Jr Boyer, Kelly S King, Michael Baron Maguire, Thomas E Skains, and William H Rogers Jr. View insider buying and selling activity for Truist Financial. Which institutional investors are buying Truist Financial stock? TFC stock was acquired by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Bank of America Corp DE, Nuveen Asset Management LLC, Victory Capital Management Inc., Thrivent Financial for Lutherans, Retirement Systems of Alabama, Macquarie Group Ltd., and First Trust Advisors LP. Company insiders that have bought Truist Financial stock in the last two years include Nido R Qubein, Patrick C Graney III, and Thomas Nichols Thompson. View insider buying and selling activity for Truist Financial. How do I buy shares of Truist Financial? Shares of TFC 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, Robinhood, Fidelity, and Charles Schwab. What is Truist Financial's stock price today? One share of TFC stock can currently be purchased for approximately $36.17. How big of a company is Truist Financial? Truist Financial has a market capitalization of $48.74 billion and generates $14.66 billion in revenue each year. The insurance provider earns $3.22 billion in net income (profit) each year or $4.37 on an earnings per share basis. Truist Financial employs 59,000 workers across the globe. What is Truist Financial's official website? The official website for Truist Financial is www.truist.com. How can I contact Truist Financial? Truist Financial's mailing address is 214 NORTH TRYON STREET, CHARLOTTE NC, 28202. The insurance provider can be reached via phone at 336-733-2000 or via email at [email protected] This page was last updated on 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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