Regions Financial Corporation [NYSE: RF] slipped around -0.17 points on Friday, while shares priced at $21.37 at the close of the session, down -0.79%. The company report on April 22, 2022 that ‘My Job Allows Me to Follow My Passion for the Planet’.
Creating technology solutions to help protect Regions and its customers from the adverse impacts of climate change.
Regions Financial Corporation stock is now -1.97% down from its year-to-date (YTD) trading value. RF Stock saw the intraday high of $21.855 and lowest of $21.02 per share. The company’s 52-week high price is 25.57, which means current price is +7.01% above from all time high which was touched on 02/16/22.
Compared to the average trading volume of 10.14M shares, RF reached a trading volume of 16456712 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Regions Financial Corporation [RF]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RF shares is $26.09 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RF stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wells Fargo have made an estimate for Regions Financial Corporation shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on April 11, 2022. While these analysts kept the previous recommendation, Wolfe Research dropped their target price from $29 to $24. The new note on the price target was released on April 07, 2022, representing the official price target for Regions Financial Corporation stock.
The Average True Range (ATR) for Regions Financial Corporation is set at 0.75, with the Price to Sales ratio for RF stock in the period of the last 12 months amounting to 5.05. The Price to Book ratio for the last quarter was 1.22, with the Price to Cash per share for the same quarter was set at 30.53. Price to Free Cash Flow for RF in the course of the last twelve months was 13.02.
How has RF stock performed recently?
Regions Financial Corporation [RF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.09. With this latest performance, RF shares dropped by -5.86% in over the last four-week period, additionally sinking by -8.20% over the last 6 months – not to mention a rise of 3.59% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RF stock in for the last two-week period is set at 45.69, with the RSI for the last a single of trading hit 47.26, and the three-weeks RSI is set at 45.45 for Regions Financial Corporation [RF]. The present Moving Average for the last 50 days of trading for this stock 22.62, while it was recorded at 21.50 for the last single week of trading, and 22.07 for the last 200 days.
Regions Financial Corporation [RF]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Regions Financial Corporation [RF] shares currently have an operating margin of +49.19. Regions Financial Corporation’s Net Margin is presently recorded at +38.01.
Return on Equity for this stock inclined to 13.84, with Return on Assets sitting at 1.62.
Earnings analysis for Regions Financial Corporation [RF]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Regions Financial Corporation go to 25.20%.
Insider trade positions for Regions Financial Corporation [RF]
There are presently around $15,014 million, or 78.00% of RF stock, in the hands of institutional investors. The top three institutional holders of RF stocks are: VANGUARD GROUP INC with ownership of 114,998,474, which is approximately 0.352% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 96,711,569 shares of the stock with an approximate value of $2.07 billion in RF stocks shares; and STATE STREET CORP, currently with $1.44 billion in RF stock with ownership of nearly -0.009% of the company’s market capitalization.
Positions in Regions Financial Corporation stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 387 institutional holders increased their position in Regions Financial Corporation [NYSE:RF] by around 46,489,747 shares. Additionally, 361 investors decreased positions by around 51,111,372 shares, while 150 investors held positions by with 604,979,279 shares. The mentioned changes placed institutional holdings at 702,580,398 shares, according to the latest SEC report filing. RF stock had 124 new institutional investments in for a total of 15,268,627 shares, while 64 institutional investors sold positions of 5,530,073 shares during the same period.