Beacon Financial Corporation (NYSE:BBT) Given Average Rating of “Hold” by Brokerages

Shares of Beacon Financial Corporation (NYSE:BBT) have been given a consensus recommendation of “Hold” by the seven research firms that are covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $31.75.

A number of analysts have weighed in on the stock. Piper Sandler assumed coverage on shares of Beacon Financial in a research report on Monday, March 16th. They set an “overweight” rating and a $33.00 target price for the company. Hovde Group reissued a “market perform” rating and set a $30.00 target price (down from $33.00) on shares of Beacon Financial in a research report on Friday. Royal Bank Of Canada decreased their target price on shares of Beacon Financial from $33.00 to $31.00 and set a “sector perform” rating for the company in a research report on Friday. Raymond James Financial downgraded shares of Beacon Financial from a “strong-buy” rating to a “market perform” rating in a research report on Friday. Finally, Zacks Research raised shares of Beacon Financial from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd.

Beacon Financial Stock Performance

NYSE:BBT opened at $28.67 on Monday. The company has a market capitalization of $2.41 billion, a PE ratio of 23.70 and a beta of 0.55. The company has a 50 day simple moving average of $30.33 and a two-hundred day simple moving average of $28.03. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.00 and a current ratio of 1.01. Beacon Financial has a fifty-two week low of $22.81 and a fifty-two week high of $32.83.

Beacon Financial (NYSE:BBT) last released its earnings results on Wednesday, April 29th. The company reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.13). The firm had revenue of $214.72 million for the quarter. Beacon Financial had a net margin of 6.97% and a return on equity of 9.02%. Research analysts anticipate that Beacon Financial will post 3.51 earnings per share for the current year.

Beacon Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a dividend of $0.3225 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.29 annualized dividend and a dividend yield of 4.5%. Beacon Financial’s dividend payout ratio (DPR) is 106.61%.

Beacon Financial announced that its Board of Directors has approved a stock repurchase program on Wednesday, April 29th that authorizes the company to buyback $50.00 million in shares. This buyback authorization authorizes the company to buy up to 1.9% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

Insider Activity at Beacon Financial

In other news, insider Michael W. Mccurdy sold 17,333 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $31.04, for a total transaction of $538,016.32. Following the completion of the sale, the insider owned 25,555 shares of the company’s stock, valued at $793,227.20. This trade represents a 40.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 1.09% of the stock is currently owned by company insiders.

Institutional Trading of Beacon Financial

Several large investors have recently modified their holdings of BBT. Mayflower Financial Advisors LLC acquired a new stake in shares of Beacon Financial during the 4th quarter worth approximately $204,000. Parsons Capital Management Inc. RI acquired a new stake in shares of Beacon Financial during the 4th quarter worth approximately $736,000. Hennion & Walsh Asset Management Inc. acquired a new stake in shares of Beacon Financial during the 4th quarter worth approximately $339,000. Financial Planning Hawaii Inc. acquired a new stake in shares of Beacon Financial during the 4th quarter worth approximately $274,000. Finally, Nisa Investment Advisors LLC acquired a new stake in shares of Beacon Financial during the 4th quarter worth approximately $59,000. Institutional investors and hedge funds own 83.07% of the company’s stock.

Beacon Financial News Roundup

Here are the key news stories impacting Beacon Financial this week:

• Positive Sentiment: Board authorized a $50 million share repurchase program (about 1.9% of shares outstanding), signaling management thinks the stock is undervalued and returning capital to shareholders. This is a direct support to the share price and EPS over time. Beacon Financial Corporation Announces First Quarter Results
• Positive Sentiment: Quarterly dividend declared: $0.3225 per share (annualized yield ~4.5%), with record date May 15 and payment May 29 — supports income-focused investors and makes the stock more attractive to dividend buyers. Beacon Financial Corporation Announces First Quarter Results
• Positive Sentiment: Company emphasized capital return plans and operating earnings in its Q1 release, highlighting operating EPS of $0.70 and management’s intent to return capital — supportive for medium-term shareholder value. Beacon Financial Highlights Q1 2026 Results, Capital Return Plans
• Neutral Sentiment: Q1 earnings and investor call transcripts published — useful for digging into loan trends, margin drivers, and costs tied to recent merger activity and core system conversion. These provide context but won’t move price by themselves. Beacon Financial BBT Q1 2026 Earnings Transcript
• Neutral Sentiment: Full earnings call transcript available for deeper color on expense timing and merger-related items; useful for investors deciding if the miss is transitory. Beacon Financial Corporation (BBT) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst coverage remains mixed: Hovde reaffirmed market perform but trimmed its target to $30 (slightly below some peers); a sign analysts see limited near-term upside. Hovde Group Note
• Negative Sentiment: Q1 results missed estimates: reported EPS of $0.70 (operating EPS 0.70, GAAP $0.55) vs. consensus $0.83, and revenue/metrics lagged — a primary reason for downward pressure on the stock. Management cited near-term pressures and costs tied to merger integration and a core system conversion. Beacon Financial (BBT) Lags Q1 Earnings and Revenue Estimates
• Negative Sentiment: Multiple firms trimmed price targets: RBC cut its target to $31 and set sector perform (reduced upside), and Keefe Bruyette & Woods lowered its target to $33 though kept an outperform rating — analyst downgrades and lower targets weigh on near-term sentiment. Analyst Price Target Notes

Beacon Financial Company Profile

Truist Financial Corp. operates as a financial holding company, which engages in the provision of banking services to individuals, businesses and municipalities. The firm offers a variety of loans and lease financing to individuals and entities, including insurance premium financing, permanent commercial real estate financing arrangements, loan servicing for third-party investors, direct consumer finance loans to individuals, credit card lending, automobile financing and equipment financing. It also markets a range of other services, including deposits, life insurance, property and casualty insurance, health Truist Financial Corp.