TFC

Stock Performance: Hims & Hers shares fell by as much as 6.8% after announcing the addition of the obesity drug Zepbound, contributing to a total decline of 28% in the past month.

Analyst Outlook: Analysts believe that the introduction of Zepbound will not significantly enhance Hims & Hers's weight-loss business.

New Leadership Appointment: Truist Financial Corporation has appointed Claudia Davis Adamson as the head of small business banking, where she will oversee strategic execution for various banking services aimed at over 1.2 million small business clients.

Experience and Role: Adamson brings over 20 years of experience in the financial sector, previously serving in executive roles at HSBC and Barclays, and will report to Chief Consumer and Small Business Banking Officer Dontá Wilson while contributing to Truist's mission of supporting community prosperity.

Celsius Holdings Stock Surge: Celsius Holdings shares rose over 7% after Truist upgraded the stock to buy, citing strong positioning with women shoppers and a new price target of $45, which suggests potential growth of over 33%.

Alani Nu Acquisition Impact: The anticipated acquisition of Alani Nu for $1.65 billion is expected to enhance Celsius' market share in the women's segment of the energy drink category, despite recent sales declines attributed to competition between the two brands.

KeyCorp Overview: KeyCorp, a major regional banking company based in Cleveland, Ohio, has a market cap of $18.1 billion and offers various banking services. However, its stock has declined significantly, dropping 19.3% from its two-year high and underperforming compared to peers like Truist Financial Corporation.

Recent Financial Performance: Following mixed Q4 results, where revenues fell short of expectations but adjusted net income rose, KeyCorp's stock price dropped 3.6%. Despite recent struggles, analysts maintain a "Moderate Buy" rating with a price target suggesting a potential upside of 19%.

Dividend Performance: Truist Financial Corp's 4.75% Dep Shares Series R Non-Cumulative Preferred Stock (TFC.PRR) is down approximately 0.6% in Thursday trading, while the common shares (TFC) remain unchanged.

Market Insights: The article includes a reference to a source for finding the 50 highest yielding preferred stocks, emphasizing the author's opinions may not represent Nasdaq, Inc.'s views.

Dividend Performance: Truist Financial Corp's 5.25% Dep Shares Series O Non-Cumul Perpetual Prfd Stock (TFC.PRO) is down about 0.6%, while its common shares (TFC) have decreased by approximately 1.6% during Thursday trading.

Market Insights: The article includes a historical dividend payment chart for TFC.PRO and notes that the opinions expressed are those of the author, not necessarily reflecting Nasdaq, Inc.'s views.

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Upcoming Financial Results Announcement: Truist Financial Corporation will report its first-quarter 2025 financial results on April 17, 2025, with a conference call hosted by CEO Bill Rogers and CFO Mike Maguire at 8 a.m. ET.

Company Overview: Truist is a leading U.S. commercial bank headquartered in Charlotte, North Carolina, with total assets of $531 billion as of December 31, 2024, offering a wide range of financial services.

Banking Sector Outlook: As 2025 approaches, the banking industry faces challenges such as slow economic growth and high consumer debt, while also experiencing optimism due to easing inflation and interest rates. Truist Financial Corporation shows promise with a solid Q4 performance, but overall growth may be constrained by rising unemployment and competition for deposits.

Billionaire Investments: Billionaires are increasingly investing in bank stocks, with notable figures like Warren Buffett making strategic moves in the financial sector. The article highlights Truist Financial Corporation's ranking among the best bank stocks favored by billionaires, despite a belief that certain AI stocks may offer better returns.

Analyst Ratings: RBC Capital analyst Gerard Cassidy has maintained a Buy rating on Truist Financial with a price target of $50, while Bank of America also issued a Buy rating recently.

Stock Performance: Truist Financial's shares closed at $41.05, with a one-year high of $49.06 and a low of $34.51, amidst varying ratings from different analysts.

Truist Financial Overview: Truist Financial Corporation, with a market cap of $52.9 billion, operates in banking and trust services across three segments and has shown mixed performance, dropping 17.7% from its 52-week high while gaining 15.8% over the past year.

Recent Performance and Outlook: The bank reported strong Q4 2024 earnings, leading to a stock increase, and analysts maintain a "Moderate Buy" rating, suggesting cautious optimism for future growth despite current trading below the mean price target.

Financial Sector Performance: Financial sector stocks fell due to recession fears, with universal and regional banks experiencing significant declines, while property & casualty insurance stocks showed resilience.

Market Reactions to Tariffs: President Trump's tariffs have raised concerns among investors about inflation and growth, leading to a mixed performance in various financial sub-sectors, including a notable drop in private equity and consumer finance stocks.

Analyst Ratings: Bank of America Securities analyst Ebrahim Poonawala has maintained a Buy rating on Truist Financial, with a current price target consensus of $52.00, indicating a potential upside of 23.25% from its recent closing price of $42.19.

Market Performance: Truist Financial has shown a one-year high of $49.06 and a low of $34.51, while also receiving positive ratings from other analysts, including KBW and UBS, who have set higher price targets for the stock.

Analyst Ratings: David Konrad from KBW has maintained a Buy rating on Truist Financial (TFC) with a price target of $57.00, while Robert W. Baird also issued a Buy rating recently; however, Barclays has a Hold rating on the stock.

Performance Metrics: Truist Financial has a market cap of $57.12B and a P/E ratio of 13.03, with Konrad achieving an average return of 20.6% and a success rate of 71.67% on his stock recommendations.

Dividend Predictability: Dividend amounts are unpredictable and fluctuate with a company's profitability, making it essential to analyze historical data for companies like Truist Financial Corp to assess future dividend expectations.

Investment Insights: The article suggests that understanding the dividend history can help investors determine if a 5% annual yield is a reasonable expectation for Truist Financial Corp.

Truist Financial Corp Stock Analysis: Truist Financial's shares have entered oversold territory with an RSI of 29.1, indicating potential buying opportunities for investors as the stock price has fallen to $41.66 per share.

Dividend Yield Consideration: The company's annualized dividend of $2.08 per share offers a yield of 4.82%, making it attractive for dividend investors despite the current market volatility.

Altria Group Inc Options Activity: Altria's options volume reached 35,085 contracts today, with significant activity in the $59 strike call option expiring March 07, 2025, accounting for 8,081 contracts and approximately 808,100 underlying shares.

Apollo Global Management Inc Options Activity: Apollo's options volume hit 16,271 contracts today, highlighted by the $146 strike call option expiring March 14, 2025, which saw 1,457 contracts traded, representing around 145,700 underlying shares.

Truist Financial Corp Analysis: Truist Financial Corp (TFC) has received a high rating of 100% using Validea's Multi-Factor Investor model, which focuses on low volatility stocks with strong momentum and high net payout yields.

Pim van Vliet's Strategy: The strategy, developed by Pim van Vliet, emphasizes that low volatility stocks can outperform high volatility ones with less risk, supported by his research in conservative factor investing.

ETF Outflows: The Defiance Daily Target 1.5X Short MSTR ETF experienced the largest outflow, losing 3,075,000 units, which is a 38.5% decline in outstanding units compared to the previous week.

Microstrategy Performance: In morning trading, Microstrategy's stock increased by approximately 6.2%, despite the significant outflows from the related ETF.

Company Overview and Performance: Tyler Technologies, Inc. specializes in integrated information-management solutions for the public sector, achieving a 39.7% stock gain over the past year, significantly outperforming the S&P 500 Index and the SPDR S&P Software & Services ETF.

Financial Results and Analyst Ratings: The company reported a 12.5% revenue increase in Q4, with strong projections for 2025, leading to a consensus rating of "Strong Buy" among analysts, alongside a raised price target from Truist Financial Corporation.