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.
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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.
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