Regions Financial Corporation [NYSE: RF] stock went on a downward path that fall over -0.42% on Tuesday, amounting to a one-week price increase of more than 1.18%. The company report on December 20, 2022 that Regions Financial to Announce Fourth Quarter and Full-Year 2022 Financial Results on Jan. 20, 2023.
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Results to be issued pre-market open; executives to review results via webcast at 10 a.m. ET.
Regions Financial Corp. (NYSE:RF) is scheduled to release its fourth quarter and full-year 2022 financial results on Friday, Jan. 20, 2023.
Over the last 12 months, RF stock dropped by -1.51%. The one-year Regions Financial Corporation stock forecast points to a potential upside of 12.76. The average equity rating for RF stock is currently 2.20, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $20.12 billion, with 934.00 million shares outstanding and 929.75 million shares in the current float. Compared to the average trading volume of 7.82M shares, RF stock reached a trading volume of 7741302 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $24.61 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 2.20. 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.
DA Davidson have made an estimate for Regions Financial Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 21, 2022. The new note on the price target was released on December 01, 2022, representing the official price target for Regions Financial Corporation stock.
The Average True Range (ATR) for Regions Financial Corporation is set at 0.53, with the Price to Sales ratio for RF stock in the period of the last 12 months amounting to 4.37. The Price to Book ratio for the last quarter was 1.48, with the Price to Cash per share for the same quarter was set at 16.72. Price to Free Cash Flow for RF in the course of the last twelve months was 10.89.
RF Stock Performance Analysis:
Regions Financial Corporation [RF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.18. With this latest performance, RF shares dropped by -6.61% in over the last four-week period, additionally plugging by 13.90% over the last 6 months – not to mention a drop of -1.51% 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 48.06, with the RSI for the last a single of trading hit 50.23, and the three-weeks RSI is set at 48.08 for Regions Financial Corporation [RF]. The present Moving Average for the last 50 days of trading for this stock 21.97, while it was recorded at 21.47 for the last single week of trading, and 21.24 for the last 200 days.
Insight into Regions Financial Corporation 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.
RF Stock EPS
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 -0.88%.
Regions Financial Corporation [RF] Insider Position Details
There are presently around $14,799 million, or 77.50% of RF stock, in the hands of institutional investors. The top three institutional holders of RF stocks are: VANGUARD GROUP INC with ownership of 109,073,881, which is approximately -2.733% of the company’s market cap and around 0.50% of the total institutional ownership; BLACKROCK INC., holding 93,762,729 shares of the stock with an approximate value of $2.01 billion in RF stocks shares; and STATE STREET CORP, currently with $1.11 billion in RF stock with ownership of nearly -2.528% of the company’s market capitalization.
Positions in Regions Financial Corporation stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 429 institutional holders increased their position in Regions Financial Corporation [NYSE:RF] by around 42,332,033 shares. Additionally, 293 investors decreased positions by around 38,104,003 shares, while 170 investors held positions by with 608,853,011 shares. The mentioned changes placed institutional holdings at 689,289,047 shares, according to the latest SEC report filing. RF stock had 99 new institutional investments in for a total of 12,856,707 shares, while 55 institutional investors sold positions of 12,089,429 shares during the same period.