Q3 EPS Estimates for Truist Financial Cut by Zacks Research

Truist Financial Corporation (NYSE:TFC) – Stock analysts at Zacks Research decreased their Q3 2025 earnings estimates for Truist Financial in a research report issued to clients and investors on Thursday, September 25th. Zacks Research analyst Team now anticipates that the insurance provider will post earnings per share of $0.96 for the quarter, down from their previous estimate of $0.97. 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 FY2025 earnings at $3.76 EPS, Q2 2027 earnings at $1.20 EPS and FY2027 earnings at $4.77 EPS.

Several other equities research analysts have also recently weighed in on TFC. Wells Fargo & Company reiterated an “equal weight” rating and set a $47.00 price objective on shares of Truist Financial in a research report on Thursday, August 21st. Citigroup raised shares of Truist Financial from a “neutral” rating to a “buy” rating and increased their target price for the stock from $44.00 to $55.00 in a research note on Thursday, June 26th. Keefe, Bruyette & Woods cut shares of Truist Financial from an “outperform” rating to a “market perform” rating and set a $48.00 price target for the company. in a report on Wednesday, July 9th. Raymond James Financial upgraded shares of Truist Financial from a “market perform” rating to an “outperform” rating and set a $50.00 price objective on the stock in a report on Tuesday, July 8th. Finally, Morgan Stanley reissued a “mixed” rating on shares of Truist Financial in a research report on Monday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Truist Financial has an average rating of “Moderate Buy” and a consensus target price of $48.47.

Truist Financial Trading Down 0.3%

Shares of TFC stock opened at $45.75 on Friday. Truist Financial has a 1-year low of $33.56 and a 1-year high of $49.06. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.75. The stock has a market cap of $58.99 billion, a price-to-earnings ratio of 12.47, a PEG ratio of 1.71 and a beta of 0.88. The stock has a 50-day moving average of $45.09 and a 200-day moving average of $41.85.

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

Hedge Funds Weigh In On Truist Financial

Hedge funds have recently modified their holdings of the company. Brighton Jones LLC boosted its position in Truist Financial by 148.5% in the fourth quarter. Brighton Jones LLC now owns 23,581 shares of the insurance provider’s stock worth $1,023,000 after purchasing an additional 14,093 shares during the last quarter. Mackenzie Financial Corp raised its stake in shares of Truist Financial by 5.0% during the 4th quarter. Mackenzie Financial Corp now owns 120,535 shares of the insurance provider’s stock worth $5,229,000 after purchasing an additional 5,727 shares during the period. Integrated Advisors Network LLC boosted its holdings in shares of Truist Financial by 4.8% in the 4th quarter. Integrated Advisors Network LLC now owns 6,316 shares of the insurance provider’s stock worth $274,000 after buying an additional 291 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ bought a new position in Truist Financial during the fourth quarter valued at about $446,000. Finally, Wealth Enhancement Advisory Services LLC grew its position in Truist Financial by 73.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 853,013 shares of the insurance provider’s stock valued at $37,004,000 after buying an additional 360,227 shares during the period. Institutional investors own 71.28% of the company’s stock.

Insider Activity

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

Truist Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 8th were issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Friday, August 8th. Truist Financial’s payout ratio is currently 56.68%.

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.