2 weeks Ago By ABMN Staff
Regions Financial Co. ( NYSE:RF – Free Report ) – Research analysts at DA Davidson upped their FY2025 EPS estimates for shares of Regions Financial in a research report issued on Monday, April 21st. DA Davidson analyst P.
Winter now expects that the bank will post earnings per share of $2.28 for the year, up from their previous estimate of $2.23.
The consensus estimate for Regions Financial’s current full-year earnings is $2.26 per share. DA Davidson also issued estimates for Regions Financial’s FY2026 earnings at $2.
46 EPS. Several other equities analysts have also recently commented on the stock. Stephens dropped their target price on shares of Regions Financial from $26.
00 to $24.00 and set an “overweight” rating on the stock in a research report on Monday. Truist Financial cut their price objective on Regions Financial from $24.
00 to $21.00 and set a “hold” rating on the stock in a research report on Tuesday. Keefe, Bruyette & Woods decreased their target price on Regions Financial from $28.
00 to $26.00 and set an “outperform” rating for the company in a research report on Monday. Citigroup reduced their price target on shares of Regions Financial from $28.
00 to $25.00 and set a “buy” rating for the company in a research report on Monday, March 24th. Finally, Barclays lowered their price objective on shares of Regions Financial from $26.
00 to $24.00 and set an “underweight” rating on the stock in a research report on Monday. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have issued a buy rating to the company.
Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $25.53. Regions Financial Stock Performance Shares of RF stock opened at $20.
54 on Wednesday. Regions Financial has a one year low of $17.72 and a one year high of $27.
96. The company has a market cap of $18.60 billion, a P/E ratio of 10.
59, a P/E/G ratio of 1.93 and a beta of 1.01.
The firm has a 50-day moving average of $21.25 and a 200-day moving average of $23.48.
The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.
83. Regions Financial ( NYSE:RF – Get Free Report ) last released its quarterly earnings results on Thursday, April 17th. The bank reported $0.
54 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.03.
The business had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.84 billion.
Regions Financial had a return on equity of 12.83% and a net margin of 20.20%.
During the same period in the prior year, the firm posted $0.37 EPS. Institutional Investors Weigh In On Regions Financial Hedge funds have recently added to or reduced their stakes in the company.
Y.D. More Investments Ltd lifted its position in Regions Financial by 122.
9% in the 4th quarter. Y.D.
More Investments Ltd now owns 1,150 shares of the bank’s stock worth $27,000 after buying an additional 634 shares during the last quarter. Sierra Ocean LLC bought a new stake in shares of Regions Financial in the 4th quarter worth approximately $28,000. Picton Mahoney Asset Management boosted its stake in shares of Regions Financial by 2,354.
9% in the 4th quarter. Picton Mahoney Asset Management now owns 1,252 shares of the bank’s stock valued at $29,000 after purchasing an additional 1,201 shares in the last quarter. Millstone Evans Group LLC bought a new position in shares of Regions Financial during the 4th quarter valued at $32,000.
Finally, Grove Bank & Trust raised its position in Regions Financial by 76.6% in the 1st quarter. Grove Bank & Trust now owns 1,876 shares of the bank’s stock worth $41,000 after purchasing an additional 814 shares during the period.
Institutional investors own 79.39% of the company’s stock. Insider Buying and Selling at Regions Financial In related news, Director Joia M.
Johnson acquired 2,300 shares of the company’s stock in a transaction dated Tuesday, March 11th. The stock was bought at an average cost of $21.18 per share, with a total value of $48,714.
00. Following the acquisition, the director now owns 17,486 shares of the company’s stock, valued at approximately $370,353.48.
The trade was a 15.15 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website .
Insiders own 0.29% of the company’s stock. Regions Financial Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st.
Shareholders of record on Friday, May 2nd will be paid a $0.25 dividend. The ex-dividend date of this dividend is Monday, June 2nd.
This represents a $1.00 dividend on an annualized basis and a yield of 4.87%.
Regions Financial’s dividend payout ratio is currently 48.08%. Regions Financial Company Profile ( Get Free Report ) Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers.
It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending; equipment lease financing; deposit products; and securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition, and other advisory services. Featured Articles Receive News & Ratings for Regions Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regions Financial and related companies with MarketBeat.
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