News articles about SunTrust Banks (NYSE:STI) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. SunTrust Banks earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 48.0310306682884 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news articles that may have impacted Accern Sentiment’s scoring:

Shares of SunTrust Banks (STI) traded down $0.41 during mid-day trading on Thursday, reaching $67.94. The company had a trading volume of 3,723,432 shares, compared to its average volume of 4,077,075. SunTrust Banks has a 1 year low of $51.96 and a 1 year high of $69.56. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.50. The stock has a market cap of $32,340.00, a P/E ratio of 17.42, a price-to-earnings-growth ratio of 1.36 and a beta of 1.29.

SunTrust Banks (NYSE:STI) last announced its earnings results on Friday, October 20th. The financial services provider reported $1.06 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.06. SunTrust Banks had a return on equity of 8.83% and a net margin of 20.88%. The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.30 billion. During the same period in the previous year, the business earned $0.91 EPS. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. sell-side analysts predict that SunTrust Banks will post 4.06 EPS for the current year.

Several research analysts have recently commented on STI shares. Nomura boosted their price target on SunTrust Banks from $63.00 to $64.00 and gave the stock a “neutral” rating in a research report on Thursday, October 26th. Barclays boosted their price target on SunTrust Banks from $65.00 to $68.00 and gave the stock an “equal weight” rating in a research report on Monday, October 23rd. Wedbush lowered SunTrust Banks from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $71.00 to $63.00 in a research report on Thursday, December 21st. They noted that the move was a valuation call. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $77.00 price target on shares of SunTrust Banks in a research report on Friday, December 29th. Finally, Robert W. Baird reissued a “hold” rating and issued a $55.00 price target on shares of SunTrust Banks in a research report on Sunday, October 1st. Fourteen equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. SunTrust Banks presently has an average rating of “Hold” and a consensus target price of $67.88.

In related news, Vice Chairman Mark A. Chancy sold 4,000 shares of the business’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $60.06, for a total transaction of $240,240.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Kyle P. Legg sold 3,300 shares of the business’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $21.82, for a total value of $72,006.00. The disclosure for this sale can be found here. 0.55% of the stock is owned by insiders.

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SunTrust Banks Company Profile

SunTrust Banks, Inc is a provider of financial services. The Company’s principal subsidiary is SunTrust Bank (the Bank). The Company’s business segments include Consumer Banking and Private Wealth Management, Wholesale Banking, Mortgage Banking and Corporate Other. As of December 31, 2016, the Consumer Banking and Private Wealth Management segment consisted of three primary businesses: Consumer Banking, Consumer Lending and Private Wealth Management.

Insider Buying and Selling by Quarter for SunTrust Banks (NYSE:STI)

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