Fifth Third Bancorp (FITB): Long-Term Gains Looking More Likely

ANDERSON LARS C, EVP & Chief Operating Officer, subtracted 25,000 shares of Fifth Third Bancorp (FITB) from its portfolio at the rate of $29.75 per share valuing $743,750 on Jul 24. The insider left behind 241,579 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Fifth Third Bancorp (FITB) was $25.51. Currently, the 1st Resistance Point for this stock is $25.76, with a 2nd Resistance Point sitting at $26.01. Meanwhile, this company’s stock has a 1st Support Level at $25.33 and a 2nd Support Level at $25.16. Fifth Third Bancorp (FITB) stock has lost -$1.03, or -3.88%, in the past five days. In the last full month, these shares have lost -$2.69, or -9.54%. In the past three months, this stock’s price has fallen by -$1.87, or -6.83%. This year-to-date, Fifth Third Bancorp (FITB) shares have gained $1.98, or 8.41%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Fifth Third Bancorp (FITB) stock, 50% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 100 – 200 Day MACD Oscillator % of long-term indicators suggest that this stock is a “.”

With 730,486 K shares outstanding, this company currently has a market capitalization of $19,314,050K. Fifth Third Bancorp (FITB) generates $7,973 M in annual sales, amounting to annual net income of $2,193 M. This stock has generated a 1-Year Total Return of -13.88%, a 3-Year Total Return of 30.22%, and a 5-year Total Return of 25.54%. This stock’s 5-Year Dividend Growth is 57.45%, with its most recent dividend valued at $0.240 per share on 06/27/19. Its Annual Dividend Yield is 3.63%, and its Annual Dividend Rate is 0.96.

In the most recently-reported fiscal quarter, which ended in Jun-19, Fifth Third Bancorp (FITB) reported earnings of $0.71 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.66 per share, representing a 0.05 difference and 8.26% surprise. In the previous quarter ending in Mar-19, the reported earnings of $0.63 represented a 0.01 difference from the consensus estimate calling for $0.62 per share, which was a 1.55% surprise.

For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is $0.74 per share. This estimate came from a total of 11 Wall Street Analysts. Of those market experts, the high estimate was $0.76 and the low estimate was $0.70. In the year-ago quarter, Fifth Third Bancorp (FITB) generated per-share earnings of $0.64. If the analysts are correct about the current quarter’s earnings, the growth will be +15.63% .

Turning our focus now to insider trading activity, there have been 1 purchases (26,538 shares in total) and 3 sale (47,774 shares in total) in the last 3 months. In the last 6 months, there have been 21 insider buys amounting to 460,261 shares and 12 insider sales amounting to 145,285 shares. In the past full year, 42 insider purchases were made (involving 1,183,814 shares) and 46 insider sell-offs equivalent to 508,021 shares.

Moving onto liquidity, Fifth Third Bancorp (FITB) has a Current Ratio of 0.07. Looking at this company’s capital structure, its Total Debt to Total Equity is 104.15, its Total Debt to Total Capital is 51.02, and its Total Debt to Total Assets is now 11.59. Looking even further ahead into the future, its Long-Term Debt to Equity is 75.85 and its Long-Term Debt to Total Capital is 34.11.