Regions Financial Co. (NYSE:RF) Analyst Ratings and Stock Performance
Regions Financial Co. (NYSE:RF) Receives “Hold” Rating from Analysts
Regions Financial Co. (NYSE:RF) has recently garnered attention from analysts, receiving an average recommendation of “Hold” from eighteen research firms covering the stock. Of these, one analyst has rated the stock as a sell, eleven as hold, and six as buy. The average 12-month price target among analysts is $20.39.
The stock has been the subject of various analyst reports, with Evercore ISI dropping their target price to $21.00, Piper Sandler increasing their price target to $21.00, and StockNews.com downgrading the stock to a sell rating. Additionally, insider activity has been notable, with Director William C. Rhodes III purchasing 50,000 shares of the stock and EVP William D. Ritter selling 23,000 shares.
Institutional investors have also shown interest in RF, with several adding to or reducing their stakes in the company. EntryPoint Capital LLC, Laurel Wealth Advisors LLC, and ICA Group Wealth Management LLC are among those who have recently made moves in their positions.
Shares of RF opened at $20.71 on Friday, with a market capitalization of $18.97 billion. The company has a price-to-earnings ratio of 11.26, a debt-to-equity ratio of 0.22, and a beta of 1.18. Regions Financial last reported quarterly earnings on April 19th, with a return on equity of 13.28% and a net margin of 19.75%.
The company also announced a quarterly dividend, with shareholders receiving $0.24 per share. This represents a $0.96 annualized dividend and a yield of 4.64%. Regions Financial’s payout ratio is 52.17%.
Regions Financial Corporation provides banking and bank-related services to individual and corporate customers through its Corporate Bank, Consumer Bank, and Wealth Management segments. The company offers a range of commercial banking services, including lending, deposit products, and advisory services.
Overall, Regions Financial continues to be a stock to watch as analysts and investors weigh in on its performance and potential for growth.
