What is the upside for Truist Financial (Tru) stock?
On average, they expect Truist Financial's stock price to reach $63.86 in the next twelve months. This suggests a possible upside of 8.9% from the stock's current price. View analysts' price targets for Truist Financial or view top-rated stocks among Wall Street analysts.
What are analysts'target prices for Truist Financial (Truist) stock?
13 analysts have issued 12-month target prices for Truist Financial's stock. Their forecasts range from $53.00 to $72.00. On average, they expect Truist Financial's stock price to reach $63.86 in the next twelve months. This suggests a possible upside of 8.9% from the stock's current price.
Is Truist Financial Corporation still in business?
The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.
Is Truist Financial (TFC) a good stock to buy?
Truist Financial has received 58.79% “outperform” 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.
Should I sell my Truist stock?
There are currently 1 sell rating, 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Truist Financial stock.
Is Truist stock a good buy?
Year-over-year quarterly sales growth most recently was -11.4%. Analysts expect adjusted earnings to reach $5.408 per share for the current fiscal year. Truist Financial Corp currently has a 3.0% dividend yield. resume in Q3 2021 for 11 U.S. regionals in our coverage.
Will Truist stock go up?
The 21 analysts offering 12-month price forecasts for Truist Financial Corp have a median target of 56.00, with a high estimate of 72.00 and a low estimate of 41.00. The median estimate represents a +23.89% increase from the last price of 45.20.
What does Truist go by on Wall Street?
TFC | Truist Financial Corp.
Is BB&T stock a good buy?
Since Truist Financial Corp has a 33 value score, it falls in the Value category. Judging from these financial ratios, the Truist stock seems like a good investment.
Can I buy stock in Truist bank?
Learn how to easily invest in Truist Financial stock. Truist Financial Corp is a banks-regional business based in the US. Truist Financial shares (TFC) are listed on the NYSE and all prices are listed in US Dollars.
Is Truist bank a publicly traded company?
Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina....Truist Financial.TypePublicTraded asNYSE: TFC S&P 500 componentIndustryFinancial servicesPredecessorBB&T Corporation SunTrust BanksFounded1872 (as BB&T) 1897 (as Southern National) 1891 (as SunTrust) 2019 (as Truist)14 more rows
Who is Truist owned by?
Truist Financial is not owned by hedge funds. The company's largest shareholder is The Vanguard Group, Inc., with ownership of 7.9%. BlackRock, Inc. is the second largest shareholder owning 6.9% of common stock, and State Street Global Advisors, Inc. holds about 4.6% of the company stock.
Is Truist a good bank?
Overall bank rating Truist was formed in 2019 through a merger of two banks, BB&T and SunTrust. Today, Truist Bank is among the top 10 largest banks in the U.S. Truist has a good basic checking account but its savings rates are generally low, and some fees, including overdraft fees, are high and hard to avoid.
What does the word Truist mean?
1. Unselfish concern for the welfare of others; selflessness.
Should I buy or sell Truist Financial stock right now?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Truist Financial in the last year. There are currently 1 sell rating, 8 h...
What is Truist Financial's stock price forecast for 2022?
12 analysts have issued twelve-month target prices for Truist Financial's stock. Their forecasts range from $41.00 to $77.00. On average, they expe...
How has Truist Financial's stock price performed in 2022?
Truist Financial's stock was trading at $58.55 at the start of the year. Since then, TFC shares have decreased by 21.5% and is now trading at $45.9...
Are investors shorting Truist Financial?
Truist Financial saw a decrease in short interest in May. As of May 15th, there was short interest totaling 10,150,000 shares, a decrease of 18.8%...
When is Truist Financial's next earnings date?
Truist Financial is scheduled to release its next quarterly earnings announcement on Tuesday, July 19th 2022. View our earnings forecast for Truis...
How can I listen to Truist Financial's earnings call?
Truist Financial will be holding an earnings conference call on Tuesday, July 19th at 8:00 AM Eastern. Interested parties can register for or liste...
How were Truist Financial's earnings last quarter?
Truist Financial Co. (NYSE:TFC) posted its quarterly earnings results on Tuesday, April, 19th. The insurance provider reported $1.23 EPS for the qu...
How often does Truist Financial pay dividends? What is the dividend yield for Truist Financial?
Truist Financial announced a quarterly dividend on Tuesday, April 26th. Shareholders of record on Friday, May 13th will be paid a dividend of $0.48...
Is Truist Financial a good dividend stock?
Truist Financial(NYSE:TFC) pays an annual dividend of $1.92 per share and currently has a dividend yield of 4.18%. TFC has a dividend yield higher...
Truist CFO to present at the RBC Capital Markets Global Financial Institutions Conference
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Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Daryl N. Bible will present at the RBC Capital Markets Global Financial Institutions Conference on Wednesday, Mar. 9, 2022 at 9:20 a.m. ET. The conference will be held virtually.
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What is Truist Financial Corporation?
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How many offices does Truist Financial have?
Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings.
Highlights
As of December 31, 2020, the company operated through 2,781 banking offices. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December ...
Bottom line
Its revenue was US$5.6 billion for the September quarter of 2021. For three months ended on September 30, 2021, its net income was US$1.6 billion or US$1.20 per share diluted compared to the previous year quarter net income of US$1.14 billion or US$0.79 per share diluted. The net interest margin came in at 2.81%.
