Are Smart Investors Making the Right Decision? Fifth Third Bancorp (FITB)

With 3.43 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.54 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $44.6901 whereas the lowest price it dropped to was $44.17. The 52-week range on FITB shows that it touched its highest point at $49.07 and its lowest point at $32.29 during that stretch. It currently has a 1-year price target of $51.27. With its current market cap of 29.71 billion, FITB has annualized dividend of $1.44 while the current yield stands at 3.25%. FITB paid its most recent dividend on 1735603200, while the ex-dividend date for that was 1735603200. Beta for the stock currently stands at 1.26.

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 FITB was up-trending over the past week, with a rise of 0.29%, but this was up by 3.72% over a month. Three-month performance surged to 0.69% while six-month performance rose 4.65%. The stock gained 25.28% in the past year, while it has gained 4.80% so far this year. A look at the trailing 12-month EPS for FITB yields 3.14 with Next year EPS estimates of 4.11. For the next quarter, that number is 0.75. This implies an EPS growth rate of 16.29% for this year and 12.61% for next year. EPS is expected to grow by 13.85% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.20%.

Float and Shares Shorts:

At present, 669.85 million FITB shares are outstanding with a float of 667.01 million shares on hand for trading. On 2024-12-31, short shares totaled 20.17 million, which was 304.0 higher than short shares on 1732838400. In addition to Mr. Timothy N. Spence as the firm’s Chairman, CEO & President, Mr. James C. Leonard CPA serves as its Executive VP & COO.

Institutional Ownership:

Through their ownership of 0.866 of FITB’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 FITB since 11 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With FITB analysts setting a high price target of 57.0 and a low target of 40.0, the average target price over the next 12 months is 50.7381. Based on these targets, FITB could surge 28.64% to reach the target high and fall by -9.73% to reach the target low. Reaching the average price target will result in a growth of 14.51% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.21315 being high and $3.1371 being low. For FITB, this leads to a yearly average estimate of $3.16562. Based on analyst estimates, the high estimate for the next quarter is $0.98 and the low estimate is $0.86. The average estimate for the next quarter is thus $0.92.

#####

#####

#####

#####