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

Regions Financial Corp. (NYSE: RF) is 3.77% higher 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 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 $19.79 in the last trading session, with the day’s gains setting it 0.32%.

Currently trading at $20.11, the stock is 5.17% and 3.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.06 million and changing 1.62% at the moment leaves the stock 9.96% off its SMA200. RF registered 9.71% gain for a year compared to 6-month loss of 3.71%.

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The stock witnessed a 7.89% gain in the last 1 month and extending the period to 3 months gives it a -1.42%, and is 1.06% 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 2.17% over the week and 2.18% over the month.

Regions Financial Corp. (RF) has around 20101 employees, a market worth around $18.42B and $9.24B in sales. Current P/E ratio is 10.86 and Fwd P/E is 9.11. Profit margin for the company is 18.74%. Distance from 52-week low is 46.63% and -4.60% from its 52-week high. The company has generated returns on investments over the last 12 months (8.50%).

The EPS is expected to shrink by -13.11% this year.

Regions Financial Corp. (RF) Top Institutional Holders

The shares outstanding are 922.34M, and float is at 912.93M with Short Float at 4.57%.

Regions Financial Corp. (RF) Insider Activity

The most recent transaction is an insider sale by Ritter William D.,the company’sSEVP. SEC filings show that Ritter William D. sold 23,000 shares of the company’s common stock on May 03 ’24 at a price of $19.95 per share for a total of $0.46 million. Following the sale, the insider now owns 41671.0 shares.

Regions Financial Corp. disclosed in a document filed with the SEC on Apr 23 ’24 that RHODES WILLIAM C III (Director) bought a total of 50,000 shares of the company’s common stock. The trade occurred on Apr 23 ’24 and was made at $19.37 per share for $0.97 million. Following the transaction, the insider now directly holds 50000.0 shares of the RF stock.

Still, SEC filings show that on Dec 08 ’23, Lusco C. Matthew (SEVP & CRO) disposed off 28,617 shares at an average price of $17.47 for $0.5 million. The insider now directly holds 103,307 shares of Regions Financial Corp. (RF).

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