Regions Financial Corp. [RF] stock is trading at $20.36, down -0.97%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RF shares have gain 2.06% over the last week, with a monthly amount glided 9.52%, and seem to be holding up well over a long-time horizon.
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
On 2, April 2024, Regions Bank Teams Celebrate Financial Literacy Month by Sharing the Good. In a post published today on Yahoo Finance, The bank’s annual volunteer program is focusing on building financial confidence.
From an analyst’s perspective:
Regions Financial Corp. [NYSE: RF] stock has seen the most recent analyst activity on March 18, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $23 from $20. Previously, Argus downgraded its rating to Hold on January 23, 2024. On January 09, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $22 on the stock. Evercore ISI downgraded its rating to a In-line and increased its price target to $21 on January 03, 2024. Barclays downgraded its rating to a Underweight and raised its price target to $22 on January 02, 2024. Odeon downgraded its rating to Hold for this stock on November 13, 2023, but kept the price target unchanged to $17.10. In a note dated October 27, 2023, JP Morgan downgraded an Neutral rating on this stock and revised its target price from $19 to $16.50.
Regions Financial Corp. [RF] stock has fluctuated between $13.72 and $21.08 over the past year. Currently, Wall Street analysts expect the stock to reach $24.79 within the next 12 months. Regions Financial Corp. [NYSE: RF] shares were valued at $20.36 at the most recent close of the market. An investor can expect a potential return of 21.76% based on the average RF price forecast.
Analyzing the RF fundamentals
Regions Financial Corp. [NYSE:RF] reported sales of 9.11B for the trailing twelve months, which represents a growth of 8.41%. Gross Profit Margin for this corporation currently stands at 1.0%, Pretax Profit Margin comes in at 0.38%, and Net Profit Margin reading is 0.3%. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.21 points at the first support level, and at 20.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.52, and for the 2nd resistance point, it is at 20.67.
Regions Financial Corp. [RF] reported earnings per share of $0.49 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.46/share, meaning a difference of $0.03 and a surprise factor of 6.50%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.49 per share as compared to estimates of $0.58 per share, a difference of -$0.09 representing a surprise of -15.50%.
Ratios To Look Out For
For context, Regions Financial Corp.’s Current Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 2.05, the price to book ratio is 1.19 and price to earnings (TTM) ratio is 9.67.
Transactions by insiders
Recent insider trading involved Lusco C. Matthew, SEVP & CRO, that happened on Dec 08 ’23 when 28617.0 shares were sold. SEVP, Smith Ronald G. completed a deal on Aug 07 ’23 to sell 10000.0 shares. Meanwhile, Director Hill J Thomas bought 11926.0 shares on May 17 ’23.
