Zacks Research Cuts Earnings Estimates for Truist Financial

Truist Financial Co. (NYSE:TFC - Free Report) - Zacks Research reduced their Q2 2025 EPS estimates for Truist Financial in a research report issued to clients and investors on Thursday, January 9th. Zacks Research analyst R. Department now anticipates that the insurance provider will earn $0.93 per share for the quarter, down from their previous estimate of $0.94. The consensus estimate for Truist Financial's current full-year earnings is $3.70 per share. Zacks Research also issued estimates for Truist Financial's Q4 2025 earnings at $1.02 EPS, FY2025 earnings at $3.77 EPS, Q1 2026 earnings at $0.96 EPS, Q2 2026 earnings at $1.03 EPS, Q3 2026 earnings at $1.04 EPS and FY2026 earnings at $4.18 EPS.

Several other equities analysts also recently weighed in on the stock. StockNews.com downgraded shares of Truist Financial from a "hold" rating to a "sell" rating in a report on Thursday. The Goldman Sachs Group raised their price objective on shares of Truist Financial from $50.00 to $60.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. UBS Group upped their target price on Truist Financial from $47.00 to $49.00 and gave the company a "buy" rating in a research note on Friday, October 18th. Compass Point boosted their price target on Truist Financial from $47.00 to $56.00 and gave the stock a "buy" rating in a report on Tuesday, December 10th. Finally, Royal Bank of Canada upped their price objective on Truist Financial from $45.00 to $46.00 and gave the company an "outperform" rating in a research report on Friday, October 18th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $49.89.

Truist Financial Trading Down 2.5 %

Shares of TFC stock opened at $42.83 on Monday. The stock has a market cap of $56.86 billion, a P/E ratio of -29.95, a P/E/G ratio of 1.88 and a beta of 1.08. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.62. Truist Financial has a fifty-two week low of $34.23 and a fifty-two week high of $49.06. The business has a fifty day simple moving average of $45.36 and a 200-day simple moving average of $43.38.

Truist Financial (NYSE:TFC - Get Free Report) last released its quarterly earnings data on Thursday, October 17th. The insurance provider reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.08. The firm had revenue of $5.09 billion during the quarter, compared to the consensus estimate of $5.05 billion. Truist Financial had a positive return on equity of 9.35% and a negative net margin of 4.89%.

Truist Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 8th were given a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 4.86%. The ex-dividend date was Friday, November 8th. Truist Financial's dividend payout ratio (DPR) is presently -145.45%.

Insiders Place Their Bets

In other news, Director K. David Jr. Boyer sold 4,966 shares of the stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $46.20, for a total transaction of $229,429.20. Following the completion of the transaction, the director now directly owns 11,246 shares in the company, valued at approximately $519,565.20. This represents a 30.63 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO William H. Rogers, Jr. purchased 34,180 shares of the company's stock in a transaction that occurred on Monday, November 25th. The stock was bought at an average price of $48.56 per share, with a total value of $1,659,780.80. Following the purchase, the chief executive officer now owns 691,451 shares of the company's stock, valued at approximately $33,576,860.56. The trade was a 5.20 % increase in their position. The disclosure for this purchase can be found here. 0.17% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Tradewinds LLC. grew its stake in Truist Financial by 0.5% in the third quarter. Tradewinds LLC. now owns 44,513 shares of the insurance provider's stock worth $1,904,000 after purchasing an additional 222 shares in the last quarter. Burkett Financial Services LLC increased its holdings in shares of Truist Financial by 26.8% in the 3rd quarter. Burkett Financial Services LLC now owns 1,198 shares of the insurance provider's stock valued at $51,000 after acquiring an additional 253 shares during the last quarter. Prime Capital Investment Advisors LLC raised its position in shares of Truist Financial by 2.7% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 10,399 shares of the insurance provider's stock valued at $445,000 after acquiring an additional 270 shares in the last quarter. Bangor Savings Bank lifted its stake in Truist Financial by 92.5% during the fourth quarter. Bangor Savings Bank now owns 566 shares of the insurance provider's stock worth $25,000 after purchasing an additional 272 shares during the last quarter. Finally, Meridian Wealth Management LLC boosted its holdings in Truist Financial by 1.3% in the third quarter. Meridian Wealth Management LLC now owns 21,733 shares of the insurance provider's stock worth $930,000 after purchasing an additional 280 shares during the period. 71.28% of the stock is owned by institutional investors and hedge funds.

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.