Analysts’ Weekly Ratings Updates for Truist Financial (TFC)

A number of research firms have changed their ratings and price targets for Truist Financial (NYSE: TFC):

• 10/31/2026 – Truist Financial was downgraded by Wall Street Zen from “hold” to “sell”.
• 10/30/2026 – Truist Financial had its price target raised by JPMorgan Chase & Co. from $50.50 to $51.50. They now have an “underweight” rating on the stock.
• 10/27/2026 – Truist Financial had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 10/27/2026 – Truist Financial had its “outperform” rating reaffirmed by Evercore. They now have a $55.00 price target on the stock.
• 10/27/2026 – Truist Financial is now covered by Wolfe Research. They set a “peer perform” rating on the stock.
• 10/21/2026 – Truist Financial had its price target lowered by Citigroup from $54.00 to $50.00. They now have a “neutral” rating on the stock.
• 10/20/2026 – Truist Financial had its price target lowered by Stephens from $55.00 to $54.00. They now have an “overweight” rating on the stock.
• 10/19/2026 – Truist Financial had its price target lowered by Royal Bank Of Canada from $53.00 to $51.00. They now have an “outperform” rating on the stock.
• 10/19/2026 – Truist Financial had its price target lowered by Keefe, Bruyette & Woods from $55.00 to $54.00. They now have a “market perform” rating on the stock.
• 10/8/2026 – Truist Financial was given a new $52.00 price target by Wells Fargo & Company.
• 10/8/2026 – Truist Financial is now covered by TD Cowen. They set a “hold” rating and a $52.00 price target on the stock.
• 10/5/2026 – Truist Financial had its price target lowered by UBS Group from $55.00 to $50.00. They now have a “neutral” rating on the stock.
• 10/2/2026 – Truist Financial had its price target lowered by JPMorgan Chase & Co. from $54.00 to $50.50. They now have an “underweight” rating on the stock.
• 9/28/2026 – Truist Financial is now covered by HSBC. They set a “buy” rating and a $61.00 price target on the stock.

Truist Financial Price Performance

TFC stock opened at $49.38 on Wednesday. Truist Financial Corporation has a 52 week low of $43.13 and a 52 week high of $56.19. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.95. The company has a fifty day simple moving average of $48.36 and a two-hundred day simple moving average of $49.50. The firm has a market capitalization of $59.18 billion, a P/E ratio of 12.73, a price-to-earnings-growth ratio of 1.10 and a beta of 0.90.

Truist Financial (NYSE:TFC) last issued its quarterly earnings data on Friday, October 16th. The insurance provider reported $1.16 EPS for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.01). The business had revenue of $5.30 billion during the quarter, compared to analysts’ expectations of $5.35 billion. Truist Financial had a return on equity of 10.37% and a net margin of 18.01%. The business’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.04 earnings per share. Analysts anticipate that Truist Financial Corporation will post 4.71 earnings per share for the current fiscal year.

Truist Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be given a dividend of $0.52 per share. The ex-dividend date is Friday, November 13th. This represents a $2.08 dividend on an annualized basis and a yield of 4.2%. Truist Financial’s dividend payout ratio is 53.61%.

Insider Transactions at Truist Financial

In related news, CEO Michael Lyons bought 25,000 shares of the company’s stock in a transaction dated Wednesday, October 28th. The stock was purchased at an average price of $48.36 per share, for a total transaction of $1,209,000.00. Following the acquisition, the chief executive officer owned 46,000 shares in the company, valued at $2,224,560. This trade represents a 119.05% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.15% of the stock is currently owned by company insiders.

Truist Financial Corporation is a financial services company headquartered in Charlotte, North Carolina, operating through its principal subsidiary, Truist Bank. The company provides banking, lending, investment, insurance and wealth management services to consumers, small businesses, commercial clients and institutional customers.

Its offerings include checking and savings accounts, mortgages, consumer loans, credit cards, commercial and industrial lending, treasury and payment services, investment banking, brokerage, asset management and insurance products.