Seeking Alpha
30 Jun 2026, 21:37 UTC · 2h ago
Truist Financial Preferreds Update: Hold Ratings Stay Even With Better Yields
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
Seeking Alpha
30 Jun 2026, 21:37 UTC · 2h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
What the story claims
4 claims · each scored for market impact
Truist Financial Corporation has been assigned a Sell rating due to underwhelming total returns. — A formal Sell rating from an analyst typically triggers negative price pressure on the asset.
-0.60Truist's preferred dividend coverage is robust at 16.6x net income. — High coverage ratios reduce the risk of dividend suspension, supporting the price of preferred shares.
+0.40Common equity coverage of preferred par stands at 12x. — Strong capital cushions provide a safety net for preferred holders, lowering credit risk.
+0.30Truist's Series I, O, and R preferreds offer the highest current yields among peers, ranging from 6.2% to 6.5%. — High relative yield attracts income-seeking investors, though this is offset by the overall Sell rating.
Continue reading
6 related stories
Top 1 mover · tap to explore
Which stocks this story touches
The company received a Sell rating due to underwhelming total returns.
Free · No account
Get a free daily PDF briefing — the last 24 hours of news, with summaries and the market-impact score for each story, delivered an hour before the open.
We’ll watch
Pre-filled from this story — remove any you don’t want. Add more tickers & tags or fine-tune your watchlist anytime — every email has an edit link, no account needed.
Free forever · one email a day, max · unsubscribe in one click.How it works
How the impact breaks down
Where the story's weight lands
Stocks most exposed
Modeled from each name's sensitivity to this story
No stock impact ranking available yet.
Seeking Alpha
17h ago
