The Regions Financial Corporation (NYSE:RF) is going down by -0.38% in today’s trading session, a fall equivalent to -0.05% of the stock’s price from yesterday’s market close. A news came out on 08/02/19 stating that Regions Bank Closes on Highland Associates acquisition by WSJ. The lowest point that the shares touched during the trading session was $14.405, while the peak of the day was recorded at a share price of $15.01. RF finished the previous session at $14.56 according to the data provided by Barchart, while the trading volume was observed to be $4,001,258.
In the 100 days of trading, RF managed to top a 14.87% Moving average. Additionally, Regions Financial Corporation shares have achieved a 52-week range between 12.39 and 19.99 alongside 100 days raw stochastic set at 33.20%.
The number of shares outstanding, according to the fundamentals of the company, is set at 1.01B, equal to the value of $14.66B in market capitalization. Financial analysts indicate that RF shares should be still ranked as a “Outperform”. In the last 30 days, Regions Financial Corporation shares went down by -10.10%, adding 16.14 to growth in value, on top of a +0.83% boost since 07/05/19.
Regions Financial Corporation (NYSE:RF) Analyst’s Estimates
Regions Financial Corporation (RF) could record at least $0.39 per share in quarterly earnings in the upcoming report on 10/22/2019, a number that would actually represent an increase of 7.67% YOY.
According to the average analyst rating, Regions Financial Corporation would be rated as 2.48. Out of 27 different analysts monitoring RF stock, 5 analysts rate the stock as a BUY, 14 suggest to give the rating of HOLD, 6 indicate that RF is an OUTPERFORM, 0 rated the stock as a SELL, and 2 analyst believes that the stock should be rated as UNDERPERFORM.
On Jul-22-19, the stock earned a Upgrade rating due to a new analyst call from Wedbush, while analysts from BofA/Merrill believe that the stock is set at Neutral from Buy, as concluded on Jul-11-19. Macquarie, is still rather wary about the stock, deciding to keep the rating at Underperform as confirmed through a call on Apr-23-19.
Regardless of the rating, Nomura did increase their price to $14 as they are considering target share price analysis. Sandler O’Neill, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Mar-25-19, giving the stock a Buy from the Hold rating.
RF Key Ratios To Watch:
Taking in account the profitability of the Company, the operating margin has been recorded at +30.79. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 1.25%. Beta value of the stock is recorded at 1.53. Additionally, Regions Financial Corporation is recording price volatility of 3.29% for the period of the last seven days and 2.47% in the last 30 days.
Regions Financial Corporation (NYSE:RF) Technical Outlook
For the period of the last 50 days, Regions Financial Corporation had its Raw Stochastic average set at 33.20% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 6.86%. Stochastic %K for Regions Financial Corporation, with the last 20 days included, was set at 20.35%, having Stochastic %D topping 35.93%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for Regions Financial Corporation stocks with recording -23.65% in metrics.
Regions Financial Corporation Insider Watch:
As far as the position of shares issued by Regions Financial Corporation (NYSE:RF) for the period concluded at the market close of 08/05/19, 329 institutional investors increased their positions in RF shares by 52,490,655, 332 decreased positions by 74,005,224 and 118 institutional investors decided to hold positions at 606,910,754. These numbers put the complete list of institutional holdings set at 733,406,633 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 76 institutional investments with 9,597,876 new shares in addition to having 65 institutional investors selling their positions in 15,930,082 shares.