In the last trading session, 8.88 million shares of the Regions Financial Corp (NYSE:RF) were traded, and its beta was 1.02. Most recently the company’s share price was $24.66, and it changed around $0.09 or 0.37% from the last close, which brings the market valuation of the company to $22.17B. RF currently trades at a discount to its 52-week high of $27.96, offering almost -13.38% off that amount. The share price’s 52-week low was $17.74, which indicates that the current value has risen by an impressive 28.06% since then. We note from Regions Financial Corp’s average daily trading volume that its 10-day average is 8.93 million shares, with the 3-month average coming to 8.91 million.
Regions Financial Corp stock received a consensus recommendation rating of Hold, based on a mean score of 2.27. If we narrow it down even further, the data shows that 0 out of 24 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 13 recommended RF as a Hold, whereas 7 deemed it a Buy, and 1 rated it as Underweight.
Regions Financial Corp (NYSE:RF) trade information
Instantly RF has showed a green trend with a performance of 0.37% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 24.99 on recent trading dayincreased the stock’s daily price by 1.32%. The company’s shares are currently up 23.98% year-to-date, but still up 4.85% over the last five days. On the other hand, Regions Financial Corp (NYSE:RF) is 15.67% up in the 30-day period. We can see from the shorts that 44.5 million shares have been sold at a short interest cover period of 5.89 day(s).
The consensus price target as assigned by Wall Street analysts is $26, which translates to bulls needing to increase their stock price by 5.15% from its current value. Analyst projections state that RF is forecast to be at a low of $18 and a high of $29.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 5.13%. Regions Financial Corp earnings are expected to increase by 6.15% in 2025, but the outlook is positive 8.49% per year for the next five years.
RF Dividends
Regions Financial Corp’s next quarterly earnings report is expected to be released on 2025-Apr-17. The annual dividend yield of the stock is 4.06 percent and its annual dividend per share was 1.00. It is important to note, however, that the 4.06% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 3.91 per year.
Regions Financial Corp (NYSE:RF)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.30% of Regions Financial Corp shares, and 83.16% of them are in the hands of institutional investors. The stock currently has a share float of 83.41%. Regions Financial Corp stock is held by 1264.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 12.3181% of the shares, which is about 112.96 million shares worth $2.26 billion.
BLACKROCK INC., with 9.4535% or 86.69 million shares worth $1.74 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
