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

Posted by Brenda Bartman on Aug 12th, 2026

Shares of Beacon Financial Corporation (NYSE:BBT – Get Free Report) have earned a consensus rating of “Hold” from the seven brokerages that are covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $32.50.

BBT has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Beacon Financial in a report on Tuesday, July 14th. Piper Sandler reissued an “overweight” rating and set a $36.00 price target (up from $34.00) on shares of Beacon Financial in a research note on Monday, August 3rd. Keefe, Bruyette & Woods lowered their price target on Beacon Financial from $36.00 to $33.00 and set an “outperform” rating on the stock in a report on Friday, May 1st. Zacks Research upgraded Beacon Financial from a “strong sell” rating to a “hold” rating in a report on Friday, July 3rd. Finally, Hovde Group reaffirmed a “market perform” rating and issued a $30.00 price objective (down from $33.00) on shares of Beacon Financial in a research note on Friday, May 1st.

Read Our Latest Stock Report on Beacon Financial

Beacon Financial Stock Performance

NYSE:BBT opened at $31.74 on Wednesday. The firm’s fifty day simple moving average is $30.30 and its 200-day simple moving average is $30.01. The company has a quick ratio of 1.01, a current ratio of 1.00 and a debt-to-equity ratio of 0.35. The stock has a market cap of $2.66 billion, a PE ratio of 24.05 and a beta of 0.55. Beacon Financial has a fifty-two week low of $22.81 and a fifty-two week high of $32.83.

Beacon Financial (NYSE:BBT – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.77 EPS for the quarter, meeting the consensus estimate of $0.77. The firm had revenue of $219.19 million during the quarter. Beacon Financial had a net margin of 8.96% and a return on equity of 9.15%. Analysts expect that Beacon Financial will post 3.04 earnings per share for the current fiscal year.

Beacon Financial announced that its board has authorized a stock buyback plan on Wednesday, April 29th that permits the company to repurchase $50.00 million in outstanding shares. This repurchase authorization permits the company to reacquire up to 1.9% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its shares are undervalued.

Beacon Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a $0.3225 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.29 annualized dividend and a yield of 4.1%. Beacon Financial’s dividend payout ratio is 97.73%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Blue Trust Inc. boosted its position in shares of Beacon Financial by 11.2% in the 1st quarter. Blue Trust Inc. now owns 3,220 shares of the company’s stock worth $97,000 after buying an additional 325 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Beacon Financial by 2.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 14,869 shares of the company’s stock valued at $446,000 after acquiring an additional 354 shares in the last quarter. Montag A & Associates Inc. acquired a new position in Beacon Financial during the fourth quarter worth about $25,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Beacon Financial during the fourth quarter worth about $30,000. Finally, TD Private Client Wealth LLC purchased a new stake in shares of Beacon Financial in the fourth quarter valued at about $32,000. Institutional investors and hedge funds own 83.07% of the company’s stock.

About Beacon Financial

(Get Free Report)

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.