Research Analysts’ Recent Ratings Updates for Regions Financial (RF)

Several analysts have recently updated their ratings and price targets for Regions Financial (NYSE: RF):

  • 2/2/2018 – Regions Financial had its price target raised by analysts at Morgan Stanley from $20.00 to $21.00. They now have an “equal weight” rating on the stock.
  • 1/23/2018 – Regions Financial had its “sell” rating reaffirmed by analysts at Barclays PLC. They now have a $20.00 price target on the stock.
  • 1/22/2018 – Regions Financial had its “hold” rating reaffirmed by analysts at B. Riley. They now have a $19.00 price target on the stock.
  • 1/22/2018 – Regions Financial was upgraded by analysts at Sandler O’Neill from a “hold” rating to a “buy” rating.
  • 1/21/2018 – Regions Financial had its “hold” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $18.00 price target on the stock.
  • 1/19/2018 – Regions Financial had its “hold” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $18.00 price target on the stock.
  • 1/16/2018 – Regions Financial was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 1/9/2018 – Regions Financial had its “hold” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $17.00 price target on the stock.
  • 1/3/2018 – Regions Financial had its “sell” rating reaffirmed by analysts at Robert W. Baird. They now have a $17.00 price target on the stock.
  • 1/2/2018 – Regions Financial had its price target raised by analysts at Barclays PLC from $15.00 to $19.00. They now have an “underweight” rating on the stock.
  • 12/21/2017 – Regions Financial was upgraded by analysts at Wedbush from a “neutral” rating to an “outperform” rating. They now have a $20.00 price target on the stock.

Shares of Regions Financial Corp (RF) traded up $0.25 during mid-day trading on Monday, hitting $18.52. The stock had a trading volume of 3,856,716 shares, compared to its average volume of 11,590,433. Regions Financial Corp has a 1 year low of $13.00 and a 1 year high of $19.90. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $20,718.18, a PE ratio of 18.52, a price-to-earnings-growth ratio of 1.36 and a beta of 1.32.

Regions Financial (NYSE:RF) last issued its earnings results on Friday, January 19th. The bank reported $0.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.01. Regions Financial had a return on equity of 7.87% and a net margin of 20.48%. The firm had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.45 billion. During the same period in the previous year, the firm posted $0.23 earnings per share. The business’s revenue was up 5.9% compared to the same quarter last year. research analysts forecast that Regions Financial Corp will post 1.34 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, April 2nd. Stockholders of record on Friday, March 9th will be issued a $0.09 dividend. The ex-dividend date is Thursday, March 8th. This represents a $0.36 annualized dividend and a dividend yield of 1.94%. Regions Financial’s dividend payout ratio (DPR) is 36.00%.

In related news, EVP Scott M. Peters sold 25,627 shares of Regions Financial stock in a transaction dated Wednesday, January 24th. The stock was sold at an average price of $19.50, for a total value of $499,726.50. Following the completion of the transaction, the executive vice president now owns 240,796 shares in the company, valued at $4,695,522. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John E. D. D. S. Maupin, Jr. sold 15,000 shares of Regions Financial stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $17.04, for a total value of $255,600.00. Following the completion of the transaction, the director now owns 59,436 shares of the company’s stock, valued at approximately $1,012,789.44. The disclosure for this sale can be found here. Insiders own 0.52% of the company’s stock.

Regions Financial Corporation is a financial holding company. The Company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. It operates in three segments: Corporate Bank, which represents its commercial banking functions, including commercial and industrial, commercial real estate and investor real estate lending; Consumer Bank, which represents its branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards and other consumer loans, as well as the corresponding deposit relationships, and Wealth Management, which offers individuals, businesses, governmental institutions and non-profit entities a range of solutions to enable transfer of wealth.

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