Truist Financial Corporation, a holding company, provides banking and trust services for small and mid-size businesses, public agencies, local governments, corporations, and individuals in the Southeastern and Mid-Atlantic United States.
Truist Financial stock last closed at $50.09, down 0.6% from the previous day, and has decreased 20.88% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.13 percentage points. Truist Financial stock is currently +25.21% from its 52-week low of $40.01, and -24.22% from its 52-week high of $66.10.
At the moment, there are 1.33B shares of TFC outstanding. The market cap of TFC is $66.46B. In the last 24 hours, 6.5M TFC shares were traded.
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Once you have selected the best place to buy Truist Financial stock, it's critical to analyze their stock prior to investing, so you truly understand the risk and upside.
WallStreetZen was created to help average investors perform better fundamental analysis.
You can see all of the due diligence checks on TFC's stock page.
Investors use a variety of different financial metrics, analyses, models, and charts to gauge TFC's intrinsic value.
Using relative valuations methods:
You can do more valuation analysis on TFC's stock here.
Out of 12 Wall Street analysts who track TFC, the consensus analyst rating on Truist Financial is a Hold
Please note that analyst forecasts are not recommendations, nor are they financial advice.
Terry McEvoy, a top 17% analyst from Stephens & Co. downgrades TFC to a hold rating and announces their TFC price target of $53.00, on Jan 31, 2023.
Betsy Graseck, a bottom 25% analyst from Morgan Stanley maintains TFC with a hold rating and lowers their TFC price target from $59.00 to $56.00, on Jan 20, 2023.
Matthew O'Connor, a top 14% analyst from Deutsche Bank downgrades TFC to a hold rating and lowers their TFC price target from $61.00 to $48.00, on Jan 6, 2023.
Jason Goldberg, a bottom 13% analyst from Barclays maintains TFC with a hold rating and lowers their TFC price target from $61.00 to $57.00, on Oct 19, 2022.
Gerard Cassidy, a top 27% analyst from RBC Capital maintains TFC with a buy rating and lowers their TFC price target from $70.00 to $60.00, on Oct 19, 2022.
You can dive deeper into what analysts are projecting on the Truist Financial stock forecast page.
Last year, TFC earnings were $5.84B. In the last 5 year, TFC's earnings have grown by 9.97% per year. This was slower than the Banks - Regional industry average of 39.28%.
Last year, TFC revenue was $22.19B. During the last 5 year, TFC's revenue has grown by 15.84% per year. This was faster than the Banks - Regional industry average of 7.41%.
You can analyze TFC's earnings and revenue performance here.
Over the past 12 months, executives and large shareholders at TFC have bought more shares than they have sold.
Hugh S. Cummins Iii, Vice Chair of TFC, was the latest TFC insider to sell. They sold $1,728,158.60 worth of TFC shares on Jan 27, 2023.
Research more about who owns TFC stock here.
Truist Financial pays a dividend of 3.99%, compared to the Banks - Regional industry's average dividend yield of 3%. If you owned $1,000 of TFC stock, you would have been paid $39.93 in the past year.
Truist Financial dividend payments have consistently grown over the past decade but have not remained stable.
Get more analysis about Truist Financial dividend yield and history here.
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