Regions Financial Co. (NYSE:RF – Free Report) – Equities research analysts at DA Davidson upped their FY2025 earnings per share estimates for Regions Financial in a research report issued to clients and investors on Monday, April 21st. DA Davidson analyst P. Winter now expects that the bank will post earnings of $2.28 per share for the year, up from their prior 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.
Other analysts also recently issued reports about the company. The Goldman Sachs Group cut their price objective on Regions Financial from $28.00 to $25.00 and set a “buy” rating for the company in a research report on Tuesday. Stephens reduced their price objective on Regions Financial from $26.00 to $24.00 and set an “overweight” rating on the stock in a research note on Monday. Wells Fargo & Company decreased their price target on shares of Regions Financial from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Friday, March 28th. Citigroup reduced their price objective on shares of Regions Financial from $28.00 to $25.00 and set a “buy” rating on the stock in a report on Monday, March 24th. Finally, Morgan Stanley lowered their target price on shares of Regions Financial from $29.00 to $22.00 and set an “equal weight” rating for the company in a research note on Monday, April 7th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, Regions Financial presently has an average rating of “Moderate Buy” and a consensus target price of $25.53.
Regions Financial Trading Up 3.5 %
Shares of RF opened at $19.76 on Wednesday. The company has a current ratio of 0.84, a quick ratio of 0.83 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average price of $21.41 and a 200 day moving average price of $23.52. Regions Financial has a 12-month low of $17.72 and a 12-month high of $27.96. The firm has a market capitalization of $17.89 billion, a P/E ratio of 10.18, a P/E/G ratio of 1.93 and a beta of 1.01.
Regions Financial (NYSE:RF – Get Free Report) last posted its quarterly earnings data on Thursday, April 17th. The bank reported $0.54 EPS for the quarter, beating the consensus estimate of $0.51 by $0.03. The firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate 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 company earned $0.37 EPS.
Regions Financial Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, May 2nd will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 5.06%. The ex-dividend date of this dividend is Monday, June 2nd. Regions Financial’s payout ratio is presently 48.08%.
Insiders Place Their Bets
In other news, Director Joia M. Johnson purchased 2,300 shares of the business’s stock in a transaction dated Tuesday, March 11th. The shares were acquired at an average price of $21.18 per share, with a total value of $48,714.00. Following the completion of the purchase, the director now directly owns 17,486 shares of the company’s stock, valued at $370,353.48. The trade was a 15.15 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.29% of the company’s stock.
Hedge Funds Weigh In On Regions Financial
A number of hedge funds and other institutional investors have recently made changes to their positions in RF. Y.D. More Investments Ltd boosted its position in shares of Regions Financial by 122.9% during the fourth 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 period. Sierra Ocean LLC acquired a new stake in Regions Financial during the 4th quarter valued at $28,000. Picton Mahoney Asset Management raised its holdings in 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 acquiring an additional 1,201 shares during the period. Millstone Evans Group LLC bought a new position in shares of Regions Financial during the fourth quarter worth approximately $32,000. Finally, Grove Bank & Trust lifted its holdings in shares of Regions Financial by 76.6% during the first quarter. Grove Bank & Trust now owns 1,876 shares of the bank’s stock worth $41,000 after buying an additional 814 shares in the last quarter. 79.39% of the stock is owned by institutional investors.
Regions Financial Company Profile
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.
Read More
- Five stocks we like better than Regions Financial
- Best Aerospace Stocks Investing
- Eli Lilly Nails Oral GLP-1 Trial—Here’s What It Means for LLY
- Why is the Ex-Dividend Date Significant to Investors?
- Fundamentally Sound Verizon Pulls Back Into Buying Opportunity
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- Could Palantir’s Latest Partnership Set a Base for a Move Higher?
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.com's FREE daily email newsletter.