Press coverage about SunTrust Banks (NYSE:STI) has trended somewhat positive on Monday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. SunTrust Banks earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 48.5013478477213 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

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

Shares of SunTrust Banks (STI) traded up $0.11 during trading on Monday, reaching $67.59. The company’s stock had a trading volume of 4,037,634 shares, compared to its average volume of 4,033,082. The company has a market cap of $32,450.00, a P/E ratio of 15.09, a PEG ratio of 1.26 and a beta of 1.37. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.43. SunTrust Banks has a 12 month low of $51.96 and a 12 month high of $72.06.

SunTrust Banks (NYSE:STI) last announced its quarterly earnings data on Friday, January 19th. The financial services provider reported $1.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.05 by $0.04. The company had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.32 billion. SunTrust Banks had a return on equity of 9.18% and a net margin of 23.35%. SunTrust Banks’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.90 EPS. equities analysts anticipate that SunTrust Banks will post 5.04 EPS for the current year.

Several analysts have recently issued reports on the company. Morgan Stanley upped their price objective on SunTrust Banks from $78.00 to $80.00 and gave the stock an “overweight” rating in a report on Friday, February 2nd. B. Riley reissued a “hold” rating and set a $70.00 target price on shares of SunTrust Banks in a research report on Monday, January 22nd. UBS Group downgraded SunTrust Banks from an “outperform” rating to a “market perform” rating in a research report on Monday, October 23rd. BMO Capital Markets reissued a “hold” rating and set a $79.00 target price on shares of SunTrust Banks in a research report on Sunday, January 21st. Finally, Oppenheimer reissued a “hold” rating on shares of SunTrust Banks in a research report on Monday, January 22nd. Fifteen research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. SunTrust Banks has a consensus rating of “Hold” and a consensus target price of $69.02.

In other SunTrust Banks news, EVP Jerome T. Lienhard sold 29,248 shares of the company’s stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $17.37, for a total value of $508,037.76. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Vice Chairman Mark A. Chancy sold 4,000 shares of the company’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $60.06, for a total value of $240,240.00. The disclosure for this sale can be found here. Corporate insiders own 0.55% of the company’s stock.

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About SunTrust Banks

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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