NYSE:TFC - Truist Financial Stock Price, Forecast & News

Truist Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "TFC."

Truist Financial announced a quarterly dividend on Tuesday, October 22nd. Investors of record on Friday, November 8th will be given a dividend of $0.45 per share on Monday, December 2nd. This represents a $1.80 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date is Thursday, November 7th. View Truist Financial's Dividend History.

Truist Financial Corporation (NYSE:TFC) posted its earnings results on Thursday, October, 17th. The insurance provider reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.03 by $0.04. The insurance provider earned $3 billion during the quarter, compared to analyst estimates of $2.99 billion. Truist Financial had a return on equity of 12.25% and a net margin of 23.17%. The company's revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.01 EPS. View Truist Financial's Earnings History.

Truist Financial is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Truist Financial.

Truist Financial will be holding an earnings conference call on Thursday, January 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

15 analysts have issued 12 month price objectives for Truist Financial's stock. Their forecasts range from $48.49 to $60.00. On average, they expect Truist Financial's stock price to reach $55.25 in the next year. This suggests that the stock has a possible downside of 1.8%. View Analyst Price Targets for Truist Financial.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Truist Financial in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Truist Financial.

Media coverage about TFC stock has been trending very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Truist Financial earned a daily sentiment score of -3.0 on InfoTrie's scale. They also gave headlines about the insurance provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Truist Financial.

Some companies that are related to Truist Financial include PNC Financial Services Group (PNC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), TCF Financial (TCF), East West Bancorp (EWBC) and BOK Financial (BOKF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Truist Financial investors own include Bank of America (BAC), AT&T (T), Exxon Mobil (XOM), AbbVie (ABBV), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), General Electric (GE), Home Depot (HD), Cisco Systems (CSCO) and Intel (INTC).

Truist Financial's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Boston Trust Walden Corp (0.14%), Hexavest Inc. (0.11%), Nisa Investment Advisors LLC (0.07%), Gillespie Robinson & Grimm Inc. (0.06%), PM CAPITAL Ltd (0.05%) and Manning & Napier Group LLC (0.05%). Company insiders that own Truist Financial stock include Barbara F Duck, Brantley J Standridge, Christopher L Henson, Clarke R Starnes III, Cynthia B Powell, Daryl N Bible, David Hudson Weaver, Donna C Goodrich, Donta L Wilson, Global Food Holdings Lp 3G, I Patricia Henry, K David Jr Boyer, Kelly S King, Louis B Lynn, Nido R Qubein, Patrick C Graney III, Thomas E Skains, W Bennett Bradley and William Rufus Yates. View Institutional Ownership Trends for Truist Financial.

TFC stock was acquired by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Hexavest Inc., Nisa Investment Advisors LLC, Gillespie Robinson & Grimm Inc., PM CAPITAL Ltd, Manning & Napier Group LLC, Cullinan Associates Inc. and Copper Rock Capital Partners LLC. View Insider Buying and Selling for 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.

One share of TFC stock can currently be purchased for approximately $56.29.

Truist Financial has a market capitalization of $43.14 billion and generates $13.00 billion in revenue each year. The insurance provider earns $3.24 billion in net income (profit) each year or $4.05 on an earnings per share basis. Truist Financial employs 35,852 workers across the globe.View Additional Information About Truist Financial.

The official website for Truist Financial is http://www.bbt.com/.

Truist Financial's mailing address is 200 WEST SECOND STREET, WINSTON-SALEM NC, 27101. The insurance provider can be reached via phone at 336-733-2000 or via email at [email protected]