RF Regions Financial Corp Stock Price Quote NYSE

The data shows that short shares as of Aug 14, 2023, stood at 23.32 million at a short ratio of 3.35. This represents a 2.49% short interest in shares outstanding on Aug 14, 2023. Shares short fall in August from the previous month at 26.44 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -16.65% down in year-to-date price movement.

BIRMINGHAM, Ala.–(BUSINESS WIRE)–Regions Financial Corp. announced the dates on which the company plans to issue its quarterly earnings results in 2024. One share of RF stock can currently be purchased for approximately $17.86. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. This site is protected by reCAPTCHA and the Google
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What is Regions Financial Corp’s stock style?

There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “moderate buy” RF shares. 14 brokerages have issued twelve-month target prices for Regions Financial’s stock. Their RF share price forecasts range from $20.00 to $26.00.

It has shied away from dramatic acquisitions since and has improved its risk-management and underwriting capabilities, becoming a safer bank in the process. Regions also boasts one of the more advantaged deposit bases under our coverage, with lower costs leading to extra profitability. Dividend yield shows how much a company pays its shareholders in dividends annually per dollar invested. It reflects how much an investor will earn aside from any capital gains in the stock. The U.S. Federal Reserve has warned regional banks about stricter liquidity requirements in a fresh regulatory push that will impact 2024 earnings of six affected banks, an analyst at J.P.

Stay upbeat on U.S. stocks, says SocGen, which just boosted its S&P 500 target

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Société Générale’s top U.S. equity strategist has lifted his S&P 500 target for 2023, saying investors want to buy growth and industrials. This regional bank outperformed all other banks in the S&P 500 this year. RF, -1.63% , KeyCorp KEY, -6.47% and Fifth Third Bancorp FITB, -2.16% top a list of nine regional banks as measured by total available liquidity to cover potential deposit outf…

Provides a general description of the business conducted by this company. Long term indicators fully support a continuation of the trend. What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.02% and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed…

Regions Financial Corp. stock falls Thursday, underperforms market

John Turner has an approval rating of 83% among the company’s employees. Sign-up to receive the latest news and ratings for Regions Financial and its competitors with MarketBeat’s FREE daily newsletter. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

• John Turner has an approval rating of 83% among the company’s employees.
• You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.
• Estimates by analysts give the company expected earnings per share (EPS) of $0.58, with the EPS growth for the year raised at $2.35 for 2023 and $2.24 for next year.

On average, they anticipate the company’s stock price to reach $23.03 in the next year. This suggests a possible upside of 28.9% from the stock’s current price. View analysts price targets for RF or view top-rated stocks among Wall Street analysts.

Tech Holds Steady, Dow Eyes 10th Straight Session Of Gains: Friday’s Market Drivers

According to 14 analysts, the average rating for RF stock is “Buy.” The 12-month stock price forecast is $23.13, which is an increase of 29.51% from the latest price. RF, +1.65% reported Friday second-quarter profit that was in line with expectations as revenue rose slightly above views, and as deposits dropped more than 8%. These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies. RF to hold from buy and cut the financial stock’s price target to $20 from $21. Truist analyst Brandon King said the firm is better able to withstan… You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 191 employees have rated Regions Financial Chief Executive Officer John Turner on Glassdoor.com.

The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term.

The technique has proven to be very useful for finding positive surprises. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor https://1investing.in/ of the future, which can give investors an advantage in earnings season. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.

Regions Financial Corporation has a market cap of $16.74 billion. With its Forward Dividend at 0.96 and a yield of 5.34%, the company’s investors could be anxious for the RF stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.58, with the EPS growth for the year raised at $2.35 for 2023 and $2.24 for next year. These figures represent 4.90% and -4.70% growth in EPS for the two years respectively.

On the other hand, looking at the outlook for the RF stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of Hold. Long term indicators on average place the stock in the category of 100% Sell. Regions Financial is a midsized U.S. regional bank, primarily concentrated in the Southeast. After the disastrous acquisition of AmSouth before the global financial crisis, Regions has stabilized its core operations and turned into a solid regional bank.

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. The company is scheduled to release its next quarterly earnings announcement on Friday, October 20th 2023. Regions Financial’s stock was trading at $21.56 at the beginning of 2023. Since then, RF stock has decreased by 17.2% and is now trading at $17.86. RF’s beta can be found in Trading Information at the top of this page.

The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Regions Financial meaning of financial analysis announced a quarterly dividend on Wednesday, July 19th. Investors of record on Friday, September 1st will be given a dividend of $0.24 per share on Monday, October 2nd. This represents a $0.96 annualized dividend and a yield of 5.38%. The ex-dividend date of this dividend is Thursday, August 31st.

RF, -1.72% said it grew its profit by 12% as deposits remained stable despite turmoil in the banking sector during the quarter. Inflation plus rising interest rates on your variable debt may be putting the squeeze on your budget. Over the long term, investing in quality high yield dividend stocks remain one of the most effecti…

A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. 14 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Regions Financial in the last twelve months.