Zacks Research Has Negative Estimate for TFC Q1 Earnings

Truist Financial Co. (NYSE:TFC) – Equities research analysts at Zacks Research dropped their Q1 2026 earnings per share (EPS) estimates for shares of Truist Financial in a research report issued on Thursday, June 5th. Zacks Research analyst R. Department now forecasts that the insurance provider will post earnings per share of $1.00 for the quarter, down from their prior estimate of $1.01. 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 Q4 2026 earnings at $1.17 EPS and FY2026 earnings at $4.29 EPS.

Several other research analysts have also weighed in on TFC. Keefe, Bruyette & Woods lowered their price target on Truist Financial from $53.00 to $47.00 and set an “outperform” rating on the stock in a research report on Monday, April 21st. Baird R W raised Truist Financial from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 5th. Stephens lowered their price target on Truist Financial from $48.00 to $46.00 and set an “overweight” rating on the stock in a research report on Monday, April 21st. Wells Fargo & Company lowered their price target on Truist Financial from $52.00 to $50.00 and set an “overweight” rating on the stock in a research report on Friday, March 28th. Finally, TD Cowen initiated coverage on Truist Financial in a research report on Thursday, May 15th. They set a “hold” rating and a $44.00 price target on the stock. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.83.

Truist Financial Stock Up 0.8%

Shares of Truist Financial stock opened at $40.75 on Monday. The firm has a market cap of $53.37 billion, a PE ratio of 12.24, a P/E/G ratio of 1.63 and a beta of 0.84. Truist Financial has a 52-week low of $33.56 and a 52-week high of $49.06. The business’s 50 day simple moving average is $38.48 and its 200 day simple moving average is $42.55. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.83 and a current ratio of 0.83.

Truist Financial (NYSE:TFC) last announced its earnings results on Thursday, April 17th. The insurance provider reported $0.87 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.87. Truist Financial had a return on equity of 9.32% and a net margin of 15.59%. The business had revenue of $4.95 billion for the quarter, compared to analyst estimates of $4.99 billion. During the same quarter last year, the firm earned $0.90 EPS.

Truist Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Friday, May 9th were paid a $0.52 dividend. The ex-dividend date of this dividend was Friday, May 9th. This represents a $2.08 annualized dividend and a yield of 5.10%. Truist Financial’s dividend payout ratio (DPR) is presently 61.36%.

Institutional Trading of Truist Financial

Several institutional investors have recently added to or reduced their stakes in the company. FWG Holdings LLC boosted its stake in Truist Financial by 4.3% in the 4th quarter. FWG Holdings LLC now owns 5,694 shares of the insurance provider’s stock valued at $267,000 after purchasing an additional 234 shares during the period. Klingman & Associates LLC boosted its stake in Truist Financial by 2.2% in the 1st quarter. Klingman & Associates LLC now owns 11,756 shares of the insurance provider’s stock valued at $484,000 after purchasing an additional 248 shares during the period. Avestar Capital LLC boosted its stake in Truist Financial by 4.1% in the 4th quarter. Avestar Capital LLC now owns 6,299 shares of the insurance provider’s stock valued at $273,000 after purchasing an additional 250 shares during the period. Pathway Financial Advisors LLC boosted its stake in Truist Financial by 2.2% in the 4th quarter. Pathway Financial Advisors LLC now owns 12,124 shares of the insurance provider’s stock valued at $526,000 after purchasing an additional 260 shares during the period. Finally, Haverford Trust Co boosted its stake in Truist Financial by 3.5% in the 1st quarter. Haverford Trust Co now owns 7,751 shares of the insurance provider’s stock valued at $319,000 after purchasing an additional 262 shares during the period. 71.28% of the stock is currently owned by institutional investors.

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.