Currently, there are 676.27M common shares owned by the public and among those 667.05M shares have been available to trade.
The company’s stock has a 5-day price change of -2.89% and 5.70% over the past three months. FITB shares are trading 30.62% year to date (YTD), with the 12-month market performance up to 28.60% higher. It has a 12-month low price of $32.29 and touched a high of $49.07 over the same period. FITB has an average intraday trading volume of 4.19 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.86%, -1.08%, and 11.98% respectively.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Institutional ownership of Fifth Third Bancorp (NASDAQ: FITB) shares accounts for 85.66% of the company’s 676.27M shares outstanding.
It has a market capitalization of $30.21B and a beta (3y monthly) value of 1.24. The stock’s trailing 12-month PE ratio is 15.03, while the earnings-per-share (ttm) stands at $3.00. The company has a PEG of 2.55 and the debt-to-equity ratio at 0.93. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.79% over the week and 1.73% over the month.
Earnings per share for the fiscal year are expected to decrease by -1.60%, and 15.31% over the next financial year. EPS should grow at an annualized rate of 5.90% over the next five years, compared to 1.03% over the past 5-year period.
Looking at the support for the FITB, a number of firms have released research notes about the stock. Wolfe Research stated their Outperform rating for the stock in a research note on May 31, 2024, with the firm’s price target at $43. JP Morgan coverage for the Fifth Third Bancorp (FITB) stock in a research note released on May 01, 2024 offered a Overweight rating with a price target of $39.50. Robert W. Baird was of a view on April 01, 2024 that the stock is Neutral, while Stephens gave the stock Equal-Weight rating on March 19, 2024, issuing a price target of $41. Keefe Bruyette on their part issued Mkt Perform rating on January 09, 2024.
