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Truist Financial (TFC)
NYSE:TFC
Truist Financial (TFC) Stock Price & Analysis
2,032 Followers
TFC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$25.39 - $39.81
Previous Close$39.18
Volume7.99M
Average Volume (3M)8.83M
Market Cap
$52.43B
Enterprise Value$116.32B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$63.75B
Price to Earnings (P/E)-29.2
Beta1.14
Next Earnings
Jul 22, 2024EPS Estimate
$0.6Last Dividend Ex-Date
May 09, 2024Dividend Yield5.31%
Share Statistics
EPS (TTM)-1.34
Shares Outstanding1,338,096,145
10 Day Avg. Volume7,018,618
30 Day Avg. Volume8,832,204
Standard Deviation0.10
R-Squared0.36
Alpha-0.00782
Financial Highlights & Ratios
Price to Book (P/B)1.86
Price to Sales (P/S)2.24
Price to Cash Flow (P/CF)5.50
P/FCF Ratio1.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.97
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda74.61
Forecast
1Y Price Target
$43.06Price Target Upside9.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
Truist Financial News
PremiumCompany Announcements
Truist Financial Finalizes Major Insurance Unit Sale and Leadership Change
PremiumCompany Announcements
Truist Financial Divests Insurance Unit, Restructures Investments
Bulls Say, Bears Say
Bulls Say
Capital PositionFollowing the balance sheet repositioning, Truist's CET1 ratio improved, providing a stronger capital position to support loan growth and potential share buybacks.
Dividend AttractivenessStock offers a 5.3% dividend yield which could become more attractive if interest rates decrease.
Management ExecutionAnalyst raises Target Price to $45 from $42 and reiterates Buy recommendation.
Bears Say
Earnings GuidanceWeaker 2024 guidance reflects likely weaker NII and lower IB fees going forward.
Financial PerformanceStock valuation suggests skepticism about the company's ability to improve return on tangible common equity (ROTCE) compared to peers.
Growth PotentialInvestor concerns persist about TFC being a value trap without near-term catalysts.
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Ownership Overview
0.88% Insiders
24.66% Mutual Funds
32.02% Other Institutional Investors
42.45% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TFC FAQ
What was Truist Financial’s price range in the past 12 months?
Truist Financial lowest stock price was $25.39 and its highest was $39.81 in the past 12 months.
What is Truist Financial’s market cap?
Currently, no data Available
When is Truist Financial’s upcoming earnings report date?
Truist Financial’s upcoming earnings report date is Jul 22, 2024 which is in 68 days.
How were Truist Financial’s earnings last quarter?
Truist Financial released its earnings results on Apr 22, 2024. The company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.03.
Is Truist Financial overvalued?
According to Wall Street analysts Truist Financial’s price is currently Undervalued.
Does Truist Financial pay dividends?
Truist Financial pays a Quarterly dividend of $0.52 which represents an annual dividend yield of 5.31%. See more information on Truist Financial dividends here
What is Truist Financial’s EPS estimate?
Truist Financial’s EPS estimate is $0.6.
How many shares outstanding does Truist Financial have?
Truist Financial has 1,338,096,200 shares outstanding.
What happened to Truist Financial’s price movement after its last earnings report?
Truist Financial reported an EPS of $0.81 in its last earnings report, beating expectations of $0.78. Following the earnings report the stock price went up 3.443%.
Which hedge fund is a major shareholder of Truist Financial?
Among the largest hedge funds holding Truist Financial’s share is Dodge & Cox. It holds Truist Financial’s shares valued at 2B.
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Truist Financial Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$43.06 (9.32% Upside)
$43.06 (9.32% Upside)
Blogger Sentiment
Bullish
TFC Sentiment 90%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 5.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
52.65%
12-Months-Change
Fundamentals
Return on Equity
-2.43%
Trailing 12-Months
Asset Growth
-6.86%
Trailing 12-Months
Company Description
Truist Financial
Truist Financial Corporation was formed in December 2019 following the merger of BB&T and SunTrust banks. It is the sixth largest commercial bank in the United States. The firm has three operating business segments: Consumer Banking and Wealth (CB&W), Corporate and Commercial Banking (C&CB) and Insurance Holdings (IH). The CB&W unit offers retail community banking, wealth, mortgage banking and dealer retail services. Under the C&CB division, it provides services such as corporate, investment and commercial community banking. The IH segment offers property and casualty insurance, life insurance surety coverage, employee benefits, title insurance, commercial and retail insurance premium finance.
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TFC Company Deck
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TFC Earnings Call
Q1 2024
0:00 / 0:00
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TFC Stock 12 Month Forecast
Average Price Target
$43.06
▲(9.32% Upside)
Technical Analysis
Best Analysts Covering TFC
1 Year
1 Year Success Rate
14/22 ratings generated profit
1 Year Average Return
+6.20%
reiterated a buy rating 8 days ago
Copying Mike Mayo's trades and holding each position for 1 Year would result in 63.64% of your transactions generating a profit, with an average return of +6.20% per trade.
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