Truist Financial Corporation (TFC) concluded trading on Thursday at a closing price of $44.00, with 2.88 million shares of worth about $126.54 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.28% during that period and on December 26, 2024 the price saw a gain of about 0.02%. Currently the company’s common shares owned by public are about 1.33B shares, out of which, 1.32B shares are available for trading.
Stock saw a price change of 2.06% in past 5 days and over the past one month there was a price change of -8.52%. Year-to-date (YTD), TFC shares are showing a performance of 19.18% which increased to 18.57% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $34.23 but also hit the highest price of $49.06 during that period. The average intraday trading volume for Truist Financial Corporation shares is 8.05 million. The stock is currently trading -3.39% below its 20-day simple moving average (SMA20), while that difference is down -2.58% for SMA50 and it goes to 6.66% higher than SMA200.
Truist Financial Corporation (NYSE: TFC) currently have 1.33B outstanding shares and institutions hold larger chunk of about 73.32% of that.
The stock has a current market capitalization of $58.41B and its 3Y-monthly beta is at 1.05. It has posted earnings per share of -$1.46 in the same period. It has a debt-to-equity ratio of 0.90. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TFC, volatility over the week remained 2.18% while standing at 2.07% over the month.
Stock’s fiscal year EPS is expected to rise by 408.13% while it is estimated to increase by 18.63% in next year.
Coverage by Citigroup stated Truist Financial Corporation (TFC) stock as a Neutral in their note to investors on July 24, 2024, suggesting a price target of $47 for the stock. On July 17, 2024, Robert W. Baird Downgrade their recommendations, while on May 16, 2024, Barclays Resumed their ratings for the stock with a price target of $43. Stock get an In-line rating from Evercore ISI on May 09, 2024.
