Analysts Point To Fifth Third Bancorp (NASDAQ: FITB) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NASDAQ listed company, FITB falls under the Financial sector while operating within the Banks – Regional industry segment. The current market capitalization of Fifth Third Bancorp is $28.76B. A total of 6.37 million shares were traded on the day, compared to an average of 4.46M shares.

In the most recent transaction, Shaffer Robert P sold 25,000 shares of FITB for 48.65 per share on Nov 25 ’24. After the transaction, the EVP and Chief Risk Officer now owns 169,922 company shares. In a previous transaction on Nov 25 ’24, Shaffer Robert P bought 25,000 shares at 48.65 per share.

Among the insiders who sold shares, Garrett Kristine R. disposed of 7,500 shares on Oct 28 ’24 at a per-share price of $43.67. This resulted in the EVP holding 55,913 shares of FITB after the transaction. In another insider transaction, Garrett Kristine R. bought 7,500 shares at $44.53 per share on Oct 28 ’24.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Fifth Third Bancorp pays an annual dividend of $1.44, resulting in a dividend yield of 3.36%, and it has a price to earnings (P/E) ratio of 14.31. FITB’s most recent ex-dividend date was 3.19% when it declared a $0.37 quarterly dividend that was paid in cash on 12/31/2024. Previously, the company paid the dividend on 9/30/2024 with an ex-dividend date of 3.59%. The FITB stock dividend was $0.37 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, FITB has a high of $49.07 and a low of $32.29.

As of this writing, FITB has an earnings estimate of $0.88 per share for the current quarter. EPS was calculated based on a consensus of 18.0 estimates, with a high estimate of $0.91 per share and a lower estimate of $0.83.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $27.60, while its Total Shareholder’s Equity was $22.21B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FITB is Buy with a score of 4.00.

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