During the recent session, Regions Financial Corp. (NYSE:RF)’s traded shares were 1.68 million, with the beta value of the company hitting 1.19. At the last check today, the stock’s price was $23.72, reflecting an intraday gain of 2.95% or $0.68. The 52-week high for the RF share is $23.47, that puts it up 1.05 from that peak though still a striking 42.16% gain since the share price plummeted to a 52-week low of $13.72. The company’s market capitalization is $21.71B, and the average intraday trading volume over the past 10 days was 6.6 million shares, and the average trade volume was 7.65 million shares over the past three months.
Regions Financial Corp. (RF) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.36. RF has a Sell rating from 0 analyst(s) out of 16 analysts who have looked at this stock. 7 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 9 recommend a Buy rating for it.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Regions Financial Corp. (NYSE:RF) trade information
Regions Financial Corp. (RF) registered a 2.95% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.95% in intraday trading to $23.72, hitting a weekly high. The stock’s 5-day price performance is 3.85%, and it has moved by 8.16% in 30 days. Based on these gigs, the overall price performance for the year is 43.84%. The short interest in Regions Financial Corp. (NYSE:RF) is 39.89 million shares and it means that shorts have 5.26 day(s) to cover.
The consensus price target of analysts on Wall Street is $24.5, which implies an increase of 3.18% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $18 and $29 respectively. As a result, RF is trading at a discount of -22.26% off the target high and 24.11% off the low.
Regions Financial Corp. (RF) estimates and forecasts
Statistics show that Regions Financial Corp. has underperformed its competitors in share price, compared to the industry in which it operates. Regions Financial Corp. (RF) shares have gone up 23.61% during the last six months, with a year-to-date growth rate less than the industry average at -9.38% against 0.00.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 6.49%. While earnings are projected to return -10.84% in 2024, the next five years will return 2.28% per annum.
RF Dividends
Regions Financial Corp. is due to release its next quarterly earnings on 2024-Oct-18. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Regions Financial Corp. is 0.97, with the dividend yield indicating at 4.09 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 3.97%.
Regions Financial Corp. (NYSE:RF)’s Major holders
Regions Financial Corp. insiders own 0.27% of total outstanding shares while institutional holders control 81.58%, with the float percentage being 81.80%. VANGUARD GROUP INC is the largest shareholder of the company, while 1150.0 institutions own stock in it. As of 2024-06-30, the company held over 112.96 million shares (or 12.2646% of all shares), a total value of $2.26 billion in shares.
The next largest institutional holding, with 86.69 million shares, is of BLACKROCK INC.’s that is approximately 9.4125% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.74 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Regions Financial Corp. (RF) shares are Vanguard Fenway Funds-Equity Income Fund and Vanguard Total Stock Market Index Fund. Data provided on Jun 30, 2024 indicates that Vanguard Fenway Funds-Equity Income Fund owns about 30.98 shares. This amounts to just over 3.39 percent of the company’s overall shares, with a $734.25 million market value. The same data shows that the other fund manager holds slightly less at 28.85, or about 3.15% of the stock, which is worth about $683.68 million.
