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Is Regions Financial Corp. (RF) a good stock to buy now?

Regions Financial Corp. (NYSE: RF) is -2.94% lower on its value in year-to-date trading and has touched a low of $13.72 and a high of $21.08 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RF stock was last observed hovering at around $19.22 in the last trading session, with the day’s loss setting it -0.41%.

Currently trading at $18.81, the stock is -5.91% and -1.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.24 million and changing -2.13% at the moment leaves the stock 3.13% off its SMA200. RF registered 1.62% gain for a year compared to 6-month gain of 17.34%.

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The stock witnessed a -1.26% loss in the last 1 month and extending the period to 3 months gives it a 4.79%, and is -9.09% down 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 2.79% over the week and 2.29% over the month.

Regions Financial Corp. (RF) has around 20101 employees, a market worth around $17.28B and $9.11B in sales. Current P/E ratio is 8.94 and Fwd P/E is 8.45. Profit margin for the company is 21.68%. Distance from 52-week low is 37.15% and -10.77% from its 52-week high. The company has generated returns on investments over the last 12 months (9.78%).

The EPS is expected to shrink by -12.23% this year.

Regions Financial Corp. (RF) Top Institutional Holders

The shares outstanding are 922.34M, and float is at 916.16M with Short Float at 3.85%.

Regions Financial Corp. (RF) Insider Activity

The most recent transaction is an insider sale by Lusco C. Matthew,the company’sSEVP & CRO. SEC filings show that Lusco C. Matthew sold 28,617 shares of the company’s common stock on Dec 08 ’23 at a price of $17.47 per share for a total of $0.5 million. Following the sale, the insider now owns 0.1 million shares.

Regions Financial Corp. disclosed in a document filed with the SEC on Aug 07 ’23 that Smith Ronald G. (SEVP) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Aug 07 ’23 and was made at $20.93 per share for $0.21 million. Following the transaction, the insider now directly holds 0.28 million shares of the RF stock.

Still, SEC filings show that on May 17 ’23, Hill J Thomas (Director) acquired 11,926 shares at an average price of $16.78 for $0.2 million. The insider now directly holds 23,107 shares of Regions Financial Corp. (RF).

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