A number of research firms have changed their ratings and price targets for Truist Financial (NYSE: TFC):
- 6/29/2026 – Truist Financial was downgraded by Wall Street Zen from “hold” to “sell”.
- 6/21/2026 – Truist Financial was upgraded by Wall Street Zen from “sell” to “hold”.
- 6/15/2026 – Truist Financial is now covered by Stephens. They set an “overweight” rating and a $59.00 price target on the stock.
- 6/13/2026 – Truist Financial was downgraded by Wall Street Zen from “hold” to “sell”.
- 5/23/2026 – Truist Financial was upgraded by Wall Street Zen from “sell” to “hold”.
- 5/1/2026 – Truist Financial was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 5/1/2026 – Truist Financial was downgraded by Robert W. Baird from “outperform” to “neutral”. They now have a $55.00 price target on the stock.
Truist Financial Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 8th were issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 4.1%. The ex-dividend date was Friday, May 8th. Truist Financial’s dividend payout ratio (DPR) is currently 51.61%.
Beyond core banking, Truist operates wealth management, asset management, insurance and capital markets businesses.
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