Truist Financial (TFC) to Release Earnings on Friday

Truist Financial (NYSE:TFC) is projected to release its Q2 2025 earnings data before the market opens on Friday, July 18th. Analysts expect Truist Financial to post earnings of $0.93 per share and revenue of $5.04 billion for the quarter. Truist Financial has set its FY 2025 guidance at EPS and its Q2 2025 guidance at EPS.

Truist Financial (NYSE:TFC) last issued its earnings results on Thursday, April 17th. The insurance provider reported $0.87 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.87. The company had revenue of $4.95 billion for the quarter, compared to analyst estimates of $4.99 billion. Truist Financial had a net margin of 15.59% and a return on equity of 8.96%. During the same quarter last year, the firm earned $0.90 EPS. On average, analysts expect Truist Financial to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Truist Financial Stock Down 2.9%

Shares of NYSE TFC opened at $44.35 on Wednesday. The firm has a market capitalization of $58.07 billion, a PE ratio of 13.08, a price-to-earnings-growth ratio of 1.72 and a beta of 0.85. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.55. Truist Financial has a 1 year low of $33.56 and a 1 year high of $49.06. The firm’s 50-day moving average is $41.34 and its 200-day moving average is $42.02.

Truist Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Friday, May 9th were paid a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 4.69%. The ex-dividend date was Friday, May 9th. Truist Financial’s payout ratio is 61.36%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Truist Financial stock. Brighton Jones LLC increased its holdings in Truist Financial Corporation (NYSE:TFC) by 148.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,581 shares of the insurance provider’s stock after acquiring an additional 14,093 shares during the quarter. Brighton Jones LLC’s holdings in Truist Financial were worth $1,023,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 71.28% of the company’s stock.

Analysts Set New Price Targets

TFC has been the topic of a number of research reports. Raymond James Financial raised shares of Truist Financial from a “market perform” rating to an “outperform” rating and set a $50.00 price target on the stock in a research note on Tuesday, July 8th. Morgan Stanley cut their price target on shares of Truist Financial from $50.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Monday, April 7th. Keefe, Bruyette & Woods lowered shares of Truist Financial from an “outperform” rating to a “market perform” rating and set a $48.00 price target on the stock. in a research note on Wednesday, July 9th. TD Cowen initiated coverage on shares of Truist Financial in a research note on Thursday, May 15th. They issued a “hold” rating and a $44.00 price target on the stock. Finally, Stephens cut their price target on shares of Truist Financial from $48.00 to $46.00 and set an “overweight” rating on the stock in a research note on Monday, April 21st. Eight equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Truist Financial has an average rating of “Moderate Buy” and an average target price of $48.44.

About Truist Financial

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.