Truist Financial Preferred Stock Today
| TFC-PI Preferred Stock | USD 21.46 0.14 0.66% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Truist Financial is trading at 21.46 as of the 29th of April 2024. This is a 0.66 percent up since the beginning of the trading day. The preferred stock's open price was 21.32. Truist Financial has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Truist Financial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina. Truist Financial is traded on NYQ Exchange in the United States.. The company has 0 outstanding shares. More on Truist Financial
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Truist Preferred Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Truist Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Truist Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Banking (View all Themes) |
| Business Concentration | Banking, Banks - Regional, Financial Services, Banks - Regional, Financial Services (View all Sectors) |
Truist Financial (TFC-PI) is traded on New York Stock Exchange in USA. It is located in 214 North Tryon Street, Charlotte, NC, United States, 28202 and employs 53,999 people. Truist Financial is listed under Banking category by Fama And French industry classification. The company operates under Financial Services sector and is part of Banks - Regional industry. Truist Financial has 0 outstanding shares.
Truist Financial has accumulated about 30.66 B in cash with 7.89 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 23.11, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationAbout 91.0 % of Truist Financial outstanding shares are held by general public with 9.21 % by institutional holders.
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Truist Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Truist Financial jumping above the current price in 90 days from now is under 95%. The Truist Financial probability density function shows the probability of Truist Financial preferred stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Truist Financial has a beta of 0.3005. This usually implies as returns on the market go up, Truist Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Truist Financial will be expected to be much smaller as well. Additionally, truist Financial has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Truist Financial to move above the current price in 90 days from now is under 95 (This Truist Financial probability density function shows the probability of Truist Preferred Stock to fall within a particular range of prices over 90 days) .
Truist Financial Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Truist Financial market risk premium is the additional return an investor will receive from holding Truist Financial long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Truist Financial. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Truist Financial's alpha and beta are two of the key measurements used to evaluate Truist Financial's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.05) |
Truist Stock Against Markets
Picking the right benchmark for Truist Financial preferred stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Truist Financial preferred stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Truist Financial is critical whether you are bullish or bearish towards Truist Financial at a given time. Please also check how Truist Financial's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Truist Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Truist Financial Corporate Management
Elected by the shareholders, the Truist Financial's board of directors comprises two types of representatives: Truist Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Truist. The board's role is to monitor Truist Financial's management team and ensure that shareholders' interests are well served. Truist Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Truist Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| William Rogers | CEO Chairman | Profile | |
| Scott Case | Chief EVP | Profile | |
| John Howard | EVP Officer | Profile | |
| Ankur Vyas | Head Relations | Profile | |
| Clarke III | Chief EVP | Profile | |
| Ellen Fitzsimmons | Chief EVP | Profile | |
| Michael Maguire | CFO EVP | Profile |
How to buy Truist Preferred Stock?
Before investing in Truist Financial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Truist Financial. To buy Truist Financial preferred stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Truist Financial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Truist Financial preferred stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Truist Financial preferred stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Truist Financial preferred stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the preferred stock
It's important to note that investing in stocks, such as Truist Financial, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in preferred stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Truist Financial?
The danger of trading Truist Financial is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Truist Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Truist Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Truist Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Truist Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Truist Financial information on this page should be used as a complementary analysis to other Truist Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Truist Preferred Stock analysis
When running Truist Financial's price analysis, check to measure Truist Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Truist Financial is operating at the current time. Most of Truist Financial's value examination focuses on studying past and present price action to predict the probability of Truist Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Truist Financial's price. Additionally, you may evaluate how the addition of Truist Financial to your portfolios can decrease your overall portfolio volatility.
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