Truist Financial Corporation (NYSE:TFC) has a beta value of 0.84 and has seen 1.64 million shares traded in the recent trading session. The company, currently valued at $59.54B, closed the recent trade at $45.47 per share which meant it lost -$0.2 on the day or -0.45% during that session. The TFC stock price is -7.9% off its 52-week high price of $49.06 and 26.19% above the 52-week low of $33.56. If we look at the company’s 10-day average daily trading volume, we find that it stood at 7.76 million shares traded. The 3-month trading volume is 7.87 million shares.
The consensus among analysts is that Truist Financial Corporation (TFC) is Buy stock at the moment, with a recommendation rating of 2.32. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 12 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight.
Truist Financial Corporation (NYSE:TFC) trade information
Sporting -0.45% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the TFC stock price touched $45.47 or saw a rise of 0.94%. Year-to-date, Truist Financial Corporation shares have moved 12.56%, while the 5-day performance has seen it change 0.14%. Over the past 30 days, the shares of Truist Financial Corporation (NYSE:TFC) have changed 13.83%. Short interest in the company has seen 27.78 million shares shorted with days to cover at 3.81.
Wall Street analysts have a consensus price target for the stock at $47.5, which means that the shares’ value could jump 4.27% from the levels at last check today.. The projected low price target is $43.0 while the price target rests at a high of $52.0. In that case, then, we find that the latest price level in today’s session is -14.36% off the targeted high while a plunge would see the stock lose 5.43% from the levels at last check today..
Truist Financial Corporation (TFC) estimates and forecasts
The company’s shares have gained 6.28% over the past 6 months.
Earnings growth for 2025 is a modest 15.25% while over the next 5 years, the company’s earnings are expected to increase by 13.21%.
TFC Dividends
Truist Financial Corporation 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 2.08 at a share yield of 4.57%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.6%.
Truist Financial Corporation (NYSE:TFC)’s Major holders
Insiders own 0.22% of the company shares, while shares held by institutions stand at 79.66% with a share float percentage of 79.84%. Investors are also buoyed by the number of investors in a company, with Truist Financial Corporation having a total of 1946.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 117.75 million shares worth more than $4.57 billion. As of 2024-06-30, VANGUARD GROUP INC held 8.7997% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 99.01 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.85 billion and represent 7.3991% 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 VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . As of Mar 31, 2025 , the former fund manager holds about 3.15% shares in the company for having 41.19 shares of worth $1.87 billion while later fund manager owns 36.56 shares of worth $1.66 billion as of Mar 31, 2025 , which makes it owner of about 2.79% of company’s outstanding stock.
