In the latest trading session,, 1.74 million Regions Financial Corp (NYSE:RF) shares changed hands as the company’s beta touched 0.99. With the company’s most recent per share price at $23.82 changing hands around $0.3 or 1.27% at last look, the market valuation stands at $21.41B. RF’s current price is a discount, trading about -17.38% off its 52-week high of $27.96. The share price had its 52-week low at $17.74, which suggests the last value was 25.52% up since then. When we look at Regions Financial Corp’s average trading volume, we note the 10-day average is 11.56 million shares, with the 3-month average coming to 9.29 million.
Analysts gave the Regions Financial Corp (RF) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.27. If we narrow down to specifics, the data shows that 0 out of 16 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 7 recommended RF as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight.
Regions Financial Corp (NYSE:RF) trade information
Instantly RF is in green as seen in intraday trades today. With action 4.10%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 24.06%, with the 5-day performance at 4.10% in the green. However, in the 30-day time frame, Regions Financial Corp (NYSE:RF) is 11.10% up. Looking at the short shares, we see there were 44.5 million shares sold at short interest cover period of 5.89 days.
The consensus price target for the stock as assigned by Wall Street analysts is 26, meaning bulls need an upside of 8.38% from its recent market value. According to analyst projections, RF’s forecast low is 18 with 29 as the target high. To hit the forecast high, the stock’s price needs a -21.75% plunge from its current level, while the stock would need to tank 24.43% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 5.13%. The 2025 estimates are for Regions Financial Corp earnings to increase by 5.89%, but the outlook for the next 5-year period is at 8.36% per year.
RF Dividends
Regions Financial Corp is expected to release its next quarterly earnings report on 2025-Apr-17. The 4.20% annual yield figure for the share gives it an annual dividend of 1.00. It is important to note, however, that the 4.20% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 3.91 per year.
Regions Financial Corp (NYSE:RF)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.30% of Regions Financial Corp shares while 83.16% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 83.41%. There are 83.16% institutions holding the Regions Financial Corp stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 12.3181% of the shares, roughly 112.96 million RF shares worth $2.26 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 9.4535% or 86.69 million shares worth $1.74 billion as of 2024-06-30.
