Several analysts have recently updated their ratings and price targets for Truist Financial (NYSE: TFC):
- 7/8/2026 – Truist Financial had its “neutral” rating reaffirmed by Bank of America Corporation. They now have a $56.00 price target on the stock, up from $54.00.
- 7/7/2026 – Truist Financial was downgraded by UBS Group AG from “buy” to “neutral”. They now have a $55.00 price target on the stock, down from $58.00.
- 7/6/2026 – Truist Financial had its “outperform” rating reaffirmed by Evercore Inc. They now have a $57.00 price target on the stock.
- 7/6/2026 – Truist Financial had its “equal weight” rating reaffirmed by Morgan Stanley. They now have a $54.00 price target on the stock, down from $62.00.
- 7/1/2026 – Truist Financial had its “market perform” rating reaffirmed by Raymond James Financial, Inc..
- 6/30/2026 – Truist Financial was downgraded by Citigroup Inc. from “buy” to “neutral”. They now have a $54.00 price target on the stock, down from $63.00.
- 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”.
Truist Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 8th were issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Friday, May 8th. Truist Financial’s dividend payout ratio is 51.61%.
Beyond core banking, Truist operates wealth management, asset management, insurance and capital markets businesses.
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