Regions Financial Corporation (NYSE: RF) is 6.49% higher on its value in year-to-date trading and has touched a low of $18.01 and a high of $25.57 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RF stock was last observed hovering at around $22.69 in the last trading session, with the day’s gains setting it 0.27% off its average median price target of $25.00 for the next 12 months. It is also 23.47% off the consensus price target high of $30.00 offered by 29 analysts, but current levels are -4.36% lower than the price target low of $22.00 for the same period.
Currently trading at $22.96, the stock is 5.24% and 3.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.37 million and changing 1.19% at the moment leaves the stock 8.27% off its SMA200. RF registered 2.41% gain for a year compared to 6-month gain of 11.19%.
The stock witnessed a 10.86% loss in the last 1 month and extending the period to 3 months gives it a 16.31%, and is 2.36% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.38% over the week and 2.37% over the month.
Regions Financial Corporation (RF) has around 19950 employees, a market worth around $20.51B and $4.61B in sales. Current P/E ratio is 11.43 and Fwd P/E is 9.03. Profit margin for the company is 46.00%. Distance from 52-week low is 27.48% and -10.21% from its 52-week high. The company has generated returns on investments over the last 12 months (19.60%).
Regions Financial Corporation (RF) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Regions Financial Corporation (RF) is a “Overweight”. 29 analysts offering their recommendations for the stock have an average rating of 2.30, where 14 rate it as a Hold and 1 think it is a “Overweight”. 14 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to grow by 141.90% this year.
Regions Financial Corporation (RF) Top Institutional Holders
The shares outstanding are 934.00M, and float is at 929.75M with Short Float at 2.07%.
Regions Financial Corporation (RF) Insider Activity
A total of 0 insider transactions have happened at Regions Financial Corporation (RF) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Regions Financial Corporation (RF): Who are the competitors?
The company’s main competitors (and peers) include Bank of America Corporation (BAC) that is trading -24.98% down over the past 12 months and Wells Fargo & Company (WFC) that is -18.13% lower over the same period. Citigroup Inc. (C) is -19.36% down on the 1-year trading charts.