Regions Financial Corp (NYSE: RF) is -4.93% lower on its value in year-to-date trading and has touched a low of $17.72 and a high of $27.96 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 $23.14 in the last trading session, with the day’s loss setting it -0.78%.
Currently trading at $22.36, the stock is -6.45% and -6.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.82 million and changing -3.37% at the moment leaves the stock -1.89% off its SMA200. RF registered 20.02% gain for a year compared to 6-month gain of -3.66%.
The stock witnessed a -9.25% loss in the last 1 month and extending the period to 3 months gives it a -17.94%, and is -4.32% 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 2.84% over the week and 2.21% over the month.
Regions Financial Corp (RF) has around 19644 employees, a market worth around $20.25B and $9.36B in sales. Current P/E ratio is 11.57 and Fwd P/E is 8.97. Profit margin for the company is 18.96%. Distance from 52-week low is 26.19% and -20.03% from its 52-week high. The company has generated returns on investments over the last 12 months (8.29%).
with sales reaching $1.84B over the same period.The EPS is expected to grow by 6.60% this year, but quarterly earnings will post 5.99% year-over-year. Quarterly sales are estimated to grow 4.43% in year-over-year returns.
Regions Financial Corp (RF) Top Institutional Holders
The shares outstanding are 908.48M, and float is at 902.41M with Short Float at 4.49%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 112.96 million shares valued at $2.26 billion. The investor’s holdings represent 12.2646% of the RF Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 86.69 million shares valued at $$1.74 billion to account for 9.4125 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 49.12 million shares representing 5.3332% and valued at over $984.35 million, while STATE STREET CORP holds 5.1786 of the shares totaling 47.69 million with a market value of $967.31 million.
Regions Financial Corp (RF) Insider Activity
A total of 0 insider transactions have happened at Regions Financial Corp (RF) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider purchase by SUQUET JOSE S,the company’sDirector. SEC filings show that SUQUET JOSE S bought 549 shares of the company’s common stock on Jan 28 ’25 at a price of $24.70 per share for a total of $13561.0. Following the purchase, the insider now owns 33791.0 shares.
Regions Financial Corp disclosed in a document filed with the SEC on Dec 20 ’24 that SUQUET JOSE S (Director) bought a total of 530 shares of the company’s common stock. The trade occurred on Dec 20 ’24 and was made at $23.75 per share for $12588.0. Following the transaction, the insider now directly holds 32156.0 shares of the RF stock.
Still, SEC filings show that on Jan 13 ’25, SUQUET JOSE S (Director) acquired 525 shares at an average price of $23.57 for $12376.0. The insider now directly holds 32,707 shares of Regions Financial Corp (RF).
Regions Financial Corp (RF): Who are the competitors?
The company’s main competitors (and peers) include Bank of America Corp. (BAC) that is trading 20.47% up over the past 12 months. Wells Fargo & Co. (WFC) that is 28.35% higher over the same period.
