Truist Financial Corporation (NYSE:TFC) has a beta value of 0.82 and has seen 7.6 million shares traded in the last trading session. The company, currently valued at $51.37B, closed the last trade at $39.23 per share which meant it lost -$0.27 on the day or -0.68% during that session. The TFC stock price is -25.06% off its 52-week high price of $49.06 and 14.45% above the 52-week low of $33.56.
The consensus among analysts is that Truist Financial Corporation (TFC) is Buy stock at the moment, with a recommendation rating of 2.29. 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
Over the past 30 days, the shares of Truist Financial Corporation (NYSE:TFC) have changed 1.66%.
Wall Street analysts have a consensus price target for the stock at $47.5, which means that the shares’ value could jump 17.41% from current levels. 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 current price level is -32.55% off the targeted high while a plunge would see the stock gain -9.61% from current levels.
Truist Financial Corporation (TFC) estimates and forecasts
The company’s shares have lost -17.76% over the past 6 months.
Earnings growth for 2025 is a modest 15.92% while over the next 5 years, the company’s earnings are expected to increase by 13.46%.
TFC Dividends
Truist Financial Corporation is expected to release its next earnings report in July 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 5.30%. The company’s dividend yield has gone up over the past 12 months.
Truist Financial Corporation (NYSE:TFC)’s Major holders
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 $1.62 billion while later fund manager owns 36.56 shares of worth $1.43 billion as of Mar 31, 2025 , which makes it owner of about 2.79% of company’s outstanding stock.
