BB&T Corp (BBT)

BBT (NYSE:Banking) EQUITY
$31.58
pos +0.00
+0.00%
Today's Range: 30.75 - 31.60 | BBT Avg Daily Volume: 5,078,500
Last Update: 02/12/16 - 4:02 PM EST
Volume: 0
YTD Performance: -16.48%
Open: $0.00
Previous Close: $30.28
52 Week Range: $29.95 - $41.90
Oustanding Shares: 780,150,285
Market Cap: 23,622,950,630
6-Month Chart
TheStreet Ratings Grade for BBT
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 10 9 9 8
Moderate Buy 1 1 1 2
Hold 10 12 12 11
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 2.00 2.14 2.14 2.14
Latest Dividend: 0.27
Latest Dividend Yield: 3.57%
Dividend Ex-Date: 02/10/16
Price Earnings Ratio: 11.21
Price Earnings Comparisons:
BBT Sector Avg. S&P 500
11.21 12.50 26.86
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-16.43% -17.59% 3.20%
GROWTH 12 Mo 3 Yr CAGR
Revenue -5.00 -0.04 -0.01
Net Income -4.60 0.05 0.02
EPS -7.10 -0.05 -0.02
Earnings for BBT:
EBITDA 0.00B
Revenue 10.35B
Average Earnings Estimates
Qtr (03/16) Qtr (06/16) FY (12/16) FY (12/17)
Average Estimate $0.66 $0.73 $2.96 $3.33
Number of Analysts 13 12 16 14
High Estimate $0.72 $0.79 $3.15 $3.70
Low Estimate $0.57 $0.65 $2.72 $3.05
Prior Year $0.68 $0.69 $2.61 $2.96
Growth Rate (Year over Year) -2.49% 5.92% 13.29% 12.69%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands

Today's Trades Real Money Pro($)

Among individual stocks, I added to my longs of Bank of America (BAC), BB&T Corp. (BBT), the Blackstone/GSO Strategic Credit closed-end fund (BGB), Citigroup (C), Oaktree Capital (OAK), Regions Financial (RF) and Wells Fargo (WFC). Among ETFs, I used the morning's dip to
As days go these days, stocks were on the quiet side. Up down up down up, thus far. The U.S. dollar's weakness has accelerated. Oil vey, more crude weakness -- dropping by $1.46 to $28.23. Gold fell $3.70 for a change, but the strong uptrend remains intact. As I mentioned yesterday, I had reams of analysis but I just couldn't process it in time for the ramp, which is disappointing as I was leaning to go long. In agricultural commodities, wheat, corn and soybeans were flattish. Lumber fell by 0.5%. Government bonds show limited movement, with yields down one or two basis points. Municipal bond prices and yields showed little change, though closed-end municipal bond funds showed some life, with several rising by almost 1%!. High yield was junky, with iShares iBoxx $ High Yield Corporate Bond ETF (HYG) down 45 cents and SPDR Barclays High Yield Bond ETF (JNK) down 21 cents. Blackstone/GSO Strategic Credit Fund (BGB) continued to get hit mildly. Banks exhibited little movement. I added to Citigroup (C), Morgan Stanley (MS) and Bank of America (BAC) today. New Best Ideas List entrants, banks BB&T (BBT) and Regions Financial (RF), traded in the green.  Life insurance stocks were flat; Berkshire Hathaway (BRK.B) was up a beaner. Retail was mixed. Home Depot (HD) and Lowe's (LOW) bounced back after several days of  schmeissing. Wal-Mart (WMT) saw some profit taking and apparel still is weak. Macy's (M) and Bed, Bath and Beyond (BBBY) were slightly higher, but Best Buy (BBY) was a bit lower. The continued fall from grace of Sears Holdings (SHLD) on disappointing results -- it's down around 7% today -- should be a concern to real estate and mall owners. Biotech was uninspiring after recent declines. Valeant Pharmaceuticals (VRX) continues under distribution. Speculative Intrexon (XON) got hit. Allergan (AGN) rallied after yesterday's fall. Regarding autos: I covered my Ford (F) short, but still am short General Motors (GM), which is on my Best Ideas List as a short. Old tech was mixed, with IBM (IBM) a standout loser, down more than $2. Microsoft (MSFT) and Intel (INTC) managed small gains. Media was awful, with Comcast (CMCSA) and Disney (DIS) lower; the latter's earnings are today. Energy stocks got hit with the commodity. Though I covered Schlumberger (SLB) and Exxon Mobil (XOM) shorts for great gains, I should have held those shorts. But who knew $28 oil? Brokerages reversed after being much lower. They're now up on the day. In  "A Few of My Favorite Things," I again highlighted DuPont (DD), which is up another $1, and Procter & Gamble (PG), which is flat. (T)FANG, the object of my scorn in yesterday's opener, had a dead-cat bounce that was unimpressive by any standard. Amazon (AMZN) is still down on the day, and Tesla (TSLA) is barely higher. Alphabet (GOOGL) is unchanged.  NOSH had all four components higher, led by HD (mentioned previously). CRABBY was as flat as the desert. Radian Group (RDN) traded a tad higher, and other stocks made modest moves. Twitter (TWTR) moved ever lower, and the masochist in me purchased it in my pension plan, as I did C, BAC and MS at reasonably good prices. As mentioned, I added to a number of existing longs and re-established a SPY long rental and added a new iShares Russell 2000 (IWM) long. I likely will end the day between small and medium net long. It's lonely being long -- hopefully, my buys become green.
Again, I am endeavoring to be opportunistic (trading) in a market that is fragile,  too volatile and unpredictable to be comfortable with an abundance of many longer-term investments. At the bottom this afternoon, things looked dreadful. It was not easy to make a long trading rental and add to existing shorts. The S&P 500 ended at 1853, very close to my fair market value of 1860. The U.S. dollar weakened a bit after a five day period of consolidating against the euro. Bonds dropped by nearly 10 basis points in yield at the intermediate- and longer-term maturities. Non taxables were well-bid and closed-end municipal bond funds were slightly higher on the day. High yield was junky, reflecting systemic concerns in the European Union and China (large reserve pull down). iShares iBoxx $ High Yield  Corporate Bond Fund (HYG) was down 91 cents and SPDR Barclays High Yield Bond ETF (JNK) was down 40 cents. Blackstone/GSO Strategic Credit Fund (BGB) got pulled down and traded poorly. Gold fell from its highs but still closed $32.70 to the good. Silver was up 55 cents. I had been working on a positive thesis on gold but other projects got in the way, and I blew the opportunity as the price has risen on eight out of the 10 last trading days.   In agricultural commodities, wheat got schmeissed (down eight cents) and corn was down three cents. Lumber was flat. Crude closed down 84 cents, at $30.25, but natural gas was up six cents. Energy stocks, including Exxon Mobil (XOM) and Schlumberger (SLB), prospered today, despite a depressed commodity price. It might be foreshadowing better oil prices; we will see. Banks again were weaker as European institutions took a nosedive. I added to my large position. But life insurance wasn't any better, falling from the pressure of lower yields. I covered some MetLife (MET) and Lincoln National (LNC) shorts. Brokerages got caught in the systemic rumors and concerns and were lower on the day; I added to Morgan Stanley (MS) and Goldman Sachs (GS). Oaktree Capital Group (OAK) ended the day fractionally higher. Retail that I owned wasn't half bad; Best Buy (BBY) and Bed, Bath and Beyond (BBBY) closed higher, but Macy's (M) retreated by 60 cents. That said, remodeling favs Home Depot (HD) and Lowe's (LOW) continued the thrashing that accelerated on Friday. After the close, The Gap (GPS) reported that same-store sales were down 8%. However, its guidance was better than expected and the stock is rallying a small fraction after hours. Lululemon (LULU), Coach (COH) and Under Armour (UA) were all much weaker in a poor apparel space. Autos were mixed; Ford (F) was higher and General Motors (GM) lower. I wonder, after great gains on the short side, whether I am outstaying my welcome. But, I have taken down these shorts to small. Media was awful -- even good performer Comcast (CMCSA) faltered. New lows for Disney (DIS). Old tech was weak, led by Microsoft (MSFT) and Intel (INTC), but bounced off their lows along with the rest of the market. Staples were broadly higher, led by PG, which embodies the flight to safety.  Biotech was decimated. Valeant Pharmaceuticals (VRX) was down by another $6.50 and my spec fav Intrexon (XON) was down by a beaner. Allergan (AGN) hit a new recent low at $266. (T)FANG weakness and future were chronicled in my opening missive today. The acronym was lower, but Alphabet (GOOGL) and Netflix (NFLX) managed to rise modestly. Tesla (TSLA) got hit badly (down $14), as did Facebook (FB) and, to a lesser degree, Amazon (AMZN). NOSH was starving; Nike (NKE), O'Reilly Automotive (ORLY) and Home Depot (HD) were down bigtime. Starbucks (SBUX) rallied off the lows to end the day flat. CRABBY was mixed, led to the downside by Citigroup (C); I added it. Disease-like laggards Potash (POT) and Twitter (TWTR), which reports Wednesday, continued to lag.  iShares China Large-Cap (FXI) -- a Best Ideas List participant as a short -- doesn't have an uptick in it.  Apple's (AAPL) strength was conspicuous , up $1.20. During the day I added to many of my existing longs and added to new banks Regions Financial (RF) and BB&T (BBT); I put them on the Best Ideas List. Again, i see banks as multiyear plays and not as short-term trades. I also covered small positions in a broad list of my core shorts, including DIS, MET and LNC. As mentioned, I day traded an aggressive position in SPY for a profit. I will continue to try to accomplish that feat. I ended the day at market neutral. For the time being and assuming no change in fundamentals, I remain a SPY buyer between the capitulation low (two Wednesdays ago at $181.25 and about $183.50) and I remain a seller on strength above $185. I know that's a pretty tight range, which likely will be resolved s
I profitably traded out of most of my regional-bank longs late last year and took them off of my "Best Long Ideas" list, based on their prices at the time.
BB&T is a regional bank stock with a great chart.
To the moon, Alice. China treads where the European Central Bank and the Fed already have in its rate cut this morning. Bulls emboldened and shorts on suicide watch. (Hat tip to Art Cashin) Panic short covering for the second day -- e.g., athenahealth (ATHN) on an earnings beat and upgrade, according to my institutional contacts. Not a short standing ... or vocal. A modest pullback midday was denied and we are at session highs. The US dollar is very strong  and the euro is at multi-month lows. Retail weak, inlfuenced by cautious comments from Skechers (SKX), VF Corp. (VFC),  Under Armour (UA) and, of course, Wal-Mart (WMT) previously. Even biowreck gets a reprieve today , with iShares Nasdaq Biotechnology (IBB) up by more than 2%. General Motors (GM) is the "world fair," hitting a new multi-month high. (A mistake in selling, as I posted earlier this week.) Apple (AAPL) up $3 despite a Citi move to take off its Focus List. Financials are extending the week's gains.  Banks up and so are life insurance in the face of rising yields. Notable weakness in Tesla (TSLA). Crude lower but energy stocks stable. Bonds were weak all day, municipals slightly lower in price. High yield is much better bid for a change. Gold weak, surprisingly in light of more cow bell. CNBC Blather -- 23 bulls and no bears today. I substantially lowered my gross exposure
Enterprise Financial Services (EFSC), which is +10% this week MB Financial (MBFI), which up 5% this week BB&T Corp. (BBT), which is +4% so far this week That said, I'm maintaining my small positions in the
I'm offering to partly sell (at slightly above the market price) four regional-bank stocks that aren't on my Best Ideas list now -- BB&T (BBT), Enterprise Financial Services (EFSC), MB Financial (MBFI) and Regions Financial (RF).

BB&T's Results Look A-OK to Me Real Money Pro($)

Regional bank BB&T Corp. (BBT) recently reported $0.64 a share in third-quarter earnings amid a lot of noise, but recurring earnings came in at $0.71 a share -- about $0.04 above consensus.

Today's Game Plan Real Money Pro($)

I will be mostly updating my thoughts about specific companies today -- Berkshire Hathaway (BRK.A, BRK.B), IBM (IBM), Fifth Third Bancorp (FITB), BB&T Corp. (BBT), Regions Financial (RF), Harley-Davidson (HOG) and a few others.

Columnist Conversations

Judge Smails embarrassed me into writing it!
Some pretty obvious selling in the FATMAN names vs the Nasdaq futures post regular session open. FATM...
You can see the time/price support on the daily chart of SPX below. It also shows you the next major decision ...
$185.80 Exhausted and a long weekend. Column up shortly Sold some IWM as well.

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