Wall Street analysts’ outlook for Truist Financial Corporation (TFC)

With 3.67 million shares changed hands, the volume of the stock remained lighter than its average volume of 7.48 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $44.285 whereas the lowest price it dropped to was $43.57. The 52-week range on TFC shows that it touched its highest point at $45.31 and its lowest point at $26.57 during that stretch. It currently has a 1-year price target of $46.79. With its current market cap of 58.80 billion, TFC has annualized dividend of $2.08 while the current yield stands at 4.74%. Beta for the stock currently stands at 1.04.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TFC was up-trending over the past week, with a rise of 4.87%, but this was down by -1.75% over a month. Three-month performance surged to 18.29% while six-month performance rose 25.53%. The stock gained 44.77% in the past year, while it has gained 18.93% so far this year. A look at the trailing 12-month EPS for TFC yields -1.65 with Next year EPS estimates of 4.05. For the next quarter, that number is 0.91. This implies an EPS growth rate of 399.37% for this year and 25.20% for next year.

Float and Shares Shorts:

At present, 1.34 billion TFC shares are outstanding with a float of 1.33 billion shares on hand for trading. On 2024-08-15, short shares totaled 14.53 million, which was 109.00000000000001 higher than short shares on 1721001600. In addition to Mr. William Henry Rogers Jr. as the firm’s Executive Chairman & CEO, Mr. Michael Baron Maguire serves as its Senior EVP & CFO.

Institutional Ownership:

Through their ownership of 0.73928 of TFC’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TFC since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.