Fifth Third Bancorp (NASDAQ:FITB) has a beta value of 0.92 and has seen 1.85 million shares traded in the recent trading session. The company, currently valued at $27.32B, closed the recent trade at $40.92 per share which meant it gained $0.77 on the day or 1.93%% during that session. The FITB stock price is -19.92% off its 52-week high price of $49.07 and 21.19% above the 52-week low of $32.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.07 million shares traded. The 3-month trading volume is 4.65 million shares.
The consensus among analysts is that Fifth Third Bancorp (FITB) is Buy stock at the moment, with a recommendation rating of 1.77. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 11 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight.
Fifth Third Bancorp (NASDAQ:FITB) trade information
Sporting 1.93%% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the FITB stock price touched $40.92 or saw a fall of -0.05%. Year-to-date, Fifth Third Bancorp shares have moved 13.93%, while the 5-day performance has seen it change 6.80%. Over the past 30 days, the shares of Fifth Third Bancorp (NASDAQ:FITB) have changed 9.10%. Short interest in the company has seen 19.4 million shares shorted with days to cover at 5.43.
Wall Street analysts have a consensus price target for the stock at $47, which means that the shares’ value could jump 12.94% from the levels at last check today.. The projected low price target is $47.0 while the price target rests at a high of $47.0. In that case, then, we find that the latest price level in today’s session is -14.86% off the targeted high while a plunge would see the stock gain -14.86% from the levels at last check today..
Fifth Third Bancorp (FITB) estimates and forecasts
The company’s shares have lost -3.91% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -1.20% over the past 5 years. Earnings growth for 2025 is a modest 12.33% while over the next 5 years, the company’s earnings are expected to increase by 12.66%.
FITB Dividends
Fifth Third Bancorp is expected to release its next earnings report on 2025-Apr-17 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.46 at a share yield of 3.57%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 3.7%.
Fifth Third Bancorp (NASDAQ:FITB)’s Major holders
Insiders own 0.41% of the company shares, while shares held by institutions stand at 86.32% with a share float percentage of 86.68%. Investors are also buoyed by the number of investors in a company, with Fifth Third Bancorp having a total of 1381.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 83.1 million shares worth more than $3.03 billion. As of 2024-06-30, VANGUARD GROUP INC held 12.1004% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 58.11 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.12 billion and represent 8.4615% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Income Fund of America . As of Mar 31, 2025 , the former fund manager holds about 3.13% shares in the company for having 20.92 shares of worth $857.17 million while later fund manager owns 20.03 shares of worth $820.64 million as of Mar 31, 2025 , which makes it owner of about 3.00% of company’s outstanding stock.
