Zacks Research Expects Reduced Earnings for Truist Financial

Truist Financial Corporation (NYSE:TFC) – Zacks Research dropped their Q4 2025 EPS estimates for shares of Truist Financial in a report released on Thursday, August 7th. Zacks Research analyst R. Department now expects that the insurance provider will post earnings of $1.05 per share for the quarter, down from their prior forecast of $1.06. The consensus estimate for Truist Financial’s current full-year earnings is $4.00 per share. Zacks Research also issued estimates for Truist Financial’s FY2027 earnings at $4.73 EPS.

A number of other equities research analysts have also issued reports on TFC. Argus set a $43.00 target price on shares of Truist Financial in a research note on Monday, April 21st. Keefe, Bruyette & Woods cut shares of Truist Financial from an “outperform” rating to a “market perform” rating and set a $48.00 target price for the company. in a research report on Wednesday, July 9th. TD Cowen assumed coverage on shares of Truist Financial in a research report on Thursday, May 15th. They issued a “hold” rating and a $44.00 price objective for the company. Raymond James Financial raised shares of Truist Financial from a “market perform” rating to an “outperform” rating and set a $50.00 target price on the stock in a research note on Tuesday, July 8th. Finally, Piper Sandler cut their price target on shares of Truist Financial from $45.00 to $41.00 and set a “neutral” rating on the stock in a research note on Monday, April 21st. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Truist Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $48.65.

Truist Financial Stock Up 0.5%

TFC stock opened at $43.08 on Monday. The firm has a market capitalization of $55.55 billion, a P/E ratio of 11.74, a P/E/G ratio of 1.61 and a beta of 0.87. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.86 and a quick ratio of 0.86. The company’s 50 day simple moving average is $42.86 and its 200-day simple moving average is $41.94. Truist Financial has a 52-week low of $33.56 and a 52-week high of $49.06.

Truist Financial (NYSE:TFC) last released its quarterly earnings results on Friday, July 18th. The insurance provider reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.02). Truist Financial had a return on equity of 8.69% and a net margin of 16.82%. The company had revenue of $5.04 billion for the quarter, compared to the consensus estimate of $5.04 billion. During the same quarter last year, the firm posted $0.91 earnings per share. The firm’s quarterly revenue was down 406.0% compared to the same quarter last year.

Institutional Investors Weigh In On Truist Financial

A number of hedge funds have recently made changes to their positions in TFC. Capital International Investors raised its holdings in Truist Financial by 26.0% in the 4th quarter. Capital International Investors now owns 90,617,519 shares of the insurance provider’s stock valued at $3,930,983,000 after buying an additional 18,712,246 shares during the last quarter. Victory Capital Management Inc. grew its position in Truist Financial by 922.9% in the 1st quarter. Victory Capital Management Inc. now owns 6,664,320 shares of the insurance provider’s stock valued at $274,237,000 after purchasing an additional 6,012,817 shares during the period. Invesco Ltd. lifted its stake in Truist Financial by 32.0% during the 1st quarter. Invesco Ltd. now owns 13,140,282 shares of the insurance provider’s stock valued at $540,723,000 after acquiring an additional 3,188,999 shares in the last quarter. Nuveen LLC bought a new position in Truist Financial during the 1st quarter valued at $117,929,000. Finally, Northern Trust Corp raised its stake in shares of Truist Financial by 20.5% during the 4th quarter. Northern Trust Corp now owns 14,434,173 shares of the insurance provider’s stock worth $626,154,000 after purchasing an additional 2,452,239 shares during the period. 71.28% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Bradley D. Bender sold 12,540 shares of the company’s stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $45.19, for a total transaction of $566,682.60. Following the completion of the sale, the insider owned 500 shares of the company’s stock, valued at $22,595. This represents a 96.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.17% of the stock is owned by corporate insiders.

Truist Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 8th will be given a dividend of $0.52 per share. The ex-dividend date of this dividend is Friday, August 8th. This represents a $2.08 annualized dividend and a yield of 4.8%. Truist Financial’s dividend payout ratio is currently 56.68%.

Truist Financial Company Profile

Truist Financial Corporation, a financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings.Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts.