Stock Of Truist Financial Corporation (NYSE: TFC) Dropped By -0.92 Percent Over The Past Month, Is There Room For Downside?

Truist Financial Corporation (NYSE:TFC)’s traded shares stood at 1.64 million during the latest session, with the company’s beta value hitting 1.07. At the last check today, the stock’s price was $36.48, to imply an increase of 2.16% or $0.77 in intraday trading. The TFC share’s 52-week high remains $39.29, putting it -7.7% down since that peak but still an impressive 29.93% since price per share fell to its 52-week low of $25.56. The company has a valuation of $48.69B, with an average of 9.69 million shares over the past 3 months.

Truist Financial Corporation (NYSE:TFC) trade information

After registering a 2.16% upside in the latest session, Truist Financial Corporation (TFC) has traded red over the past five days. The stock hit a weekly high of 37.67, jumping 2.16% in its intraday price action. The 5-day price performance for the stock is -0.79%, and -0.92% over 30 days. With these gigs, the year-to-date price performance is -1.19%.

Truist Financial Corporation (TFC) estimates and forecasts

Looking at statistics comparing Truist Financial Corporation share performance against respective industry, we note that the company has underperformed competitors. Truist Financial Corporation (TFC) shares are 26.93% up over the last 6 months, with its year-to-date growth rate lower than industry average at -7.24% against -5.70%.

TFC Dividends

Truist Financial Corporation has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Truist Financial Corporation has a forward dividend ratio of 2.08, with the share yield ticking at 5.70% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.