1 week Ago By Defense World Staff
Fifth Third Bancorp ( NASDAQ:FITB – Free Report ) – Equities research analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of Fifth Third Bancorp in a report issued on Thursday, January 23rd. DA Davidson analyst P. Winter anticipates that the financial services provider will earn $0.
76 per share for the quarter. DA Davidson has a “Neutral” rating and a $50.00 price target on the stock.
The consensus estimate for Fifth Third Bancorp’s current full-year earnings is $3.62 per share. Several other research analysts also recently weighed in on FITB.
Evercore ISI upped their target price on shares of Fifth Third Bancorp from $46.00 to $47.00 and gave the stock an “in-line” rating in a report on Wednesday, October 2nd.
Keefe, Bruyette & Woods increased their price objective on shares of Fifth Third Bancorp from $45.00 to $51.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th.
Barclays increased their price objective on shares of Fifth Third Bancorp from $51.00 to $56.00 and gave the company an “overweight” rating in a report on Monday, January 6th.
StockNews.com downgraded shares of Fifth Third Bancorp from a “hold” rating to a “sell” rating in a report on Wednesday, November 6th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $47.
00 price objective on shares of Fifth Third Bancorp in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.
com, the company has a consensus rating of “Hold” and an average target price of $46.75. Fifth Third Bancorp Trading Up 0.
8 % Shares of Fifth Third Bancorp stock opened at $44.18 on Friday. The company has a market capitalization of $29.
62 billion, a P/E ratio of 14.07, a P/E/G ratio of 1.91 and a beta of 1.
24. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.
82 and a current ratio of 0.80. The company has a fifty day moving average of $44.
78 and a 200 day moving average of $43.03. Fifth Third Bancorp has a fifty-two week low of $32.
29 and a fifty-two week high of $49.07. Institutional Inflows and Outflows Hedge funds have recently modified their holdings of the stock.
OneDigital Investment Advisors LLC boosted its position in shares of Fifth Third Bancorp by 1.1% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 20,505 shares of the financial services provider’s stock worth $878,000 after purchasing an additional 222 shares during the period.
Transamerica Financial Advisors Inc. lifted its holdings in Fifth Third Bancorp by 7.5% during the 3rd quarter.
Transamerica Financial Advisors Inc. now owns 3,332 shares of the financial services provider’s stock worth $143,000 after buying an additional 232 shares in the last quarter. Eads & Heald Wealth Management raised its holdings in shares of Fifth Third Bancorp by 3.
0% in the 4th quarter. Eads & Heald Wealth Management now owns 8,201 shares of the financial services provider’s stock valued at $347,000 after purchasing an additional 235 shares in the last quarter. Valley National Advisers Inc.
raised its holdings in shares of Fifth Third Bancorp by 3.6% in the 4th quarter. Valley National Advisers Inc.
now owns 6,763 shares of the financial services provider’s stock valued at $285,000 after purchasing an additional 236 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Fifth Third Bancorp by 4.
7% in the 4th quarter. Geneos Wealth Management Inc. now owns 5,475 shares of the financial services provider’s stock valued at $231,000 after purchasing an additional 246 shares in the last quarter.
Institutional investors and hedge funds own 83.79% of the company’s stock. Insiders Place Their Bets In other Fifth Third Bancorp news, EVP Kristine R.
Garrett sold 7,500 shares of the company’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $43.67, for a total value of $327,525.
00. Following the completion of the transaction, the executive vice president now owns 55,913 shares in the company, valued at approximately $2,441,720.71.
This represents a 11.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link .
Corporate insiders own 0.50% of the company’s stock. Fifth Third Bancorp Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th.
Investors of record on Tuesday, December 31st were paid a $0.37 dividend. This represents a $1.
48 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date was Tuesday, December 31st.
Fifth Third Bancorp’s dividend payout ratio (DPR) is 47.13%. About Fifth Third Bancorp ( Get Free Report ) Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States.
It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. Featured Stories Five stocks we like better than Fifth Third Bancorp 3 Warren Buffett Stocks to Buy Now Why Energy Transfer Stock Could Soar to New Highs in 2025 How Technical Indicators Can Help You Find Oversold Stocks 3 Buy-and-Hold Stocks for Long-Term Growth What is the Shanghai Stock Exchange Composite Index? Despite Short-Term Risks Freeport McMoran Worth a Look Receive News & Ratings for Fifth Third Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fifth Third Bancorp and related companies with MarketBeat.com's FREE daily email newsletter .
.
