S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
NYSE:TFC

Truist Financial Stock Forecast, Price & News

$62.30
+0.83 (+1.35%)
(As of 01/24/2022 04:00 PM ET)
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Today's Range
$59.38
$62.40
50-Day Range
$55.67
$67.41
52-Week Range
$47.69
$68.95
Volume
10.08 million shs
Average Volume
6.79 million shs
Market Capitalization
$83.16 billion
P/E Ratio
14.69
Dividend Yield
3.12%
Beta
1.27
30 days | 90 days | 365 days | Advanced Chart
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Truist Financial logo

About Truist Financial

Truist Financial Corp. operates as a financial holding company, which engages in the provision of banking services to individuals, businesses and municipalities. The firm offers a variety of loans and lease financing to individuals and entities, including insurance premium financing, permanent commercial real estate financing arrangements, loan servicing for third-party investors, direct consumer finance loans to individuals, credit card lending, automobile financing and equipment financing. It also markets a range of other services, including deposits, life insurance, property and casualty insurance, health Truist Financial Corp. operates as a financial holding company. It engages in the provision of banking services to individuals, businesses and municipalities. The company operates through the following segments: Consumer Banking and Wealth; Corporate and Commercial Banking; and Insurance Holdings. The firm offers a variety of loans and lease financing to individuals and entities, including insurance premium financing, permanent commercial real estate financing arrangements, loan servicing for third-party investors, direct consumer finance loans to individuals, credit card lendi

Headlines

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Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
CUSIP
89832Q109
Employees
54,982
Year Founded
2019

Sales & Book Value

Annual Sales
$24.43 billion
Cash Flow
$4.84 per share
Book Value
$46.63 per share

Profitability

Net Income
$4.48 billion
Pretax Margin
33.00%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
1,334,891,000
Free Float
1,329,952,000
Market Cap
$83.16 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 12/1 Dividend
11/10/2021
Dividend Payable
12/01/2021
Last Earnings
1/18/2022
Today
1/25/2022
Next Earnings (Estimated)
4/21/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.40 out of 5 stars

Finance Sector

308th out of 1,355 stocks

National Commercial Banks Industry

29th out of 108 stocks

Analyst Opinion: 3.1Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 0.0 5 -4 -3 -2 -1 -












Truist Financial (NYSE:TFC) Frequently Asked Questions

Is Truist Financial a buy right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Truist Financial in the last year. There are currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Truist Financial stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TFC, but not buy additional shares or sell existing shares.
View analyst ratings for Truist Financial
or view top-rated stocks.

How has Truist Financial's stock price been impacted by Coronavirus?

Truist Financial's stock was trading at $33.66 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TFC shares have increased by 85.1% and is now trading at $62.30.
View which stocks have been most impacted by COVID-19
.

When is Truist Financial's next earnings date?

Truist Financial is scheduled to release its next quarterly earnings announcement on Thursday, April 21st 2022.
View our earnings forecast for Truist Financial
.

How were Truist Financial's earnings last quarter?

Truist Financial Co. (NYSE:TFC) issued its quarterly earnings data on Tuesday, January, 18th. The insurance provider reported $1.38 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.26 by $0.12. Truist Financial had a trailing twelve-month return on equity of 12.11% and a net margin of 25.94%. During the same quarter in the prior year, the firm earned $1.18 EPS.
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, October 26th. Investors of record on Friday, November 12th will be paid a dividend of $0.48 per share on Wednesday, December 1st. This represents a $1.92 annualized dividend and a yield of 3.08%. The ex-dividend date is Wednesday, November 10th.
View Truist Financial's dividend history
.

Is Truist Financial a good dividend stock?

Truist Financial pays an annual dividend of $1.92 per share and currently has a dividend yield of 3.12%. Truist Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Truist Financial is 45.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Truist Financial will have a dividend payout ratio of 39.92% next year. This indicates that Truist Financial will be able to sustain or increase its dividend.
View Truist Financial's dividend history.

What price target have analysts set for TFC?

12 brokerages have issued 1-year target prices for Truist Financial's shares. Their forecasts range from $63.00 to $77.00. On average, they expect Truist Financial's stock price to reach $69.00 in the next year. This suggests a possible upside of 10.8% from the stock's current price.
View analysts' price targets for Truist Financial
or view top-rated stocks among Wall Street analysts.

Who are Truist Financial's key executives?

Truist Financial's management team includes the following people:
  • Bill Rogers, Chief Executive Officer & Director
  • Daryl N. Bible, Chief Financial Officer & Senior Executive VP (LinkedIn Profile)
  • Clarke R. Starnes, Chief Risk Officer & Senior Executive VP
  • Cynthia B. Powell, Chief Accounting Officer, EVP & Controller
  • Hope Dmuchowski, Executive VP, Head-Financial Planning & Analysis

What is Kelly S. King's approval rating as Truist Financial's CEO?

108 employees have rated Truist Financial CEO Kelly S. King on Glassdoor.com. Kelly S. King has an approval rating of 92% among Truist Financial's employees. This puts Kelly S. King in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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), Wells Fargo & Company (WFC), Walt Disney (DIS), Exxon Mobil (XOM), Johnson & Johnson (JNJ) and Pfizer (PFE).

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 number of institutional and retail investors. Top institutional shareholders include New York State Teachers Retirement System (0.11%), Nordea Investment Management AB (0.10%), Russell Investments Group Ltd. (0.08%), Royal London Asset Management Ltd. (0.07%), Ferguson Wellman Capital Management Inc. (0.06%) and Strs Ohio (0.06%). Company insiders that own Truist Financial stock include Brantley J Standridge, Brantley J Standridge, Clarke R Starnes III, Cynthia B Powell, Daryl N Bible, David Hudson Weaver, Ellen Koebler, Joseph M Thompson, K David Jr Boyer, Kelly S King, Kimberly Moore-Wright, Michael Baron Maguire, Nido R Qubein, Scott Case, 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 Cullinan Associates Inc., M&G Investment Management Ltd., Moody National Bank Trust Division, Royal London Asset Management Ltd., Professional Advisory Services Inc., New York State Teachers Retirement System, Retirement Systems of Alabama, and IBM Retirement Fund. Company insiders that have sold Truist Financial company stock in the last year include Brantley J Standridge, Clarke R Starnes III, Cynthia B Powell, Daryl N Bible, David Hudson Weaver, Joseph M Thompson, K David Jr Boyer, Kelly S King, Michael Baron Maguire, Scott Case, and Thomas Nichols Thompson.
View insider buying and selling activity for Truist Financial
or view top insider-selling stocks.

Which institutional investors are buying Truist Financial stock?

TFC stock was acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Concord Wealth Partners, Diversified Trust Co, Lewis Capital Management LLC, United Capital Management of KS Inc., Russell Investments Group Ltd., Wealthfront Advisers LLC, and Ferguson Wellman Capital Management Inc.. Company insiders that have bought Truist Financial stock in the last two years include Nido R Qubein, Thomas Nichols Thompson, and William H Rogers Jr.
View insider buying and selling activity for Truist Financial
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Truist Financial's stock price today?

One share of TFC stock can currently be purchased for approximately $62.30.

How much money does Truist Financial make?

Truist Financial has a market capitalization of $83.16 billion and generates $24.43 billion in revenue each year. The insurance provider earns $4.48 billion in net income (profit) each year or $4.24 on an earnings per share basis.

How many employees does Truist Financial have?

Truist Financial employs 54,982 workers across the globe.

Does Truist Financial have any subsidiaries?

The following companies are subsidiares of Truist Financial: United eWay.

When was Truist Financial founded?

Truist Financial was founded in 2019.

What is Truist Financial's official website?

The official website for Truist Financial is www.truist.com.

Where are Truist Financial's headquarters?

Truist Financial is headquartered at 214 NORTH TRYON STREET, CHARLOTTE NC, 28202.

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) 747-9795, via email at [email protected], or via fax at 336-721-3499.


This page was last updated on 1/25/2022 by MarketBeat.com Staff

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