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

Regions Financial Corp (NYSE: RF) is -10.25% 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 $21.05 in the last trading session, with the day’s gains setting it 0.06%.

Currently trading at $21.11, the stock is 6.63% and 0.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.18 million and changing 0.29% at the moment leaves the stock -8.42% off its SMA200. RF registered 7.87% gain for a year compared to 6-month loss of -12.26%.

The stock witnessed a 7.65% gain in the last 1 month and extending the period to 3 months gives it a -12.22%, and is 3.18% 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 2.55% over the week and 4.86% over the month.

Regions Financial Corp (RF) has around 19644 employees, a market worth around $19.11B and $9.35B in sales. Current P/E ratio is 10.20 and Fwd P/E is 8.57. Profit margin for the company is 20.27%. Distance from 52-week low is 19.13% and -24.50% from its 52-week high. The company has generated returns on investments over the last 12 months (7.72%).

The EPS is expected to grow by 5.80% this year.

Regions Financial Corp (RF) Top Institutional Holders

The shares outstanding are 905.47M, and float is at 902.16M with Short Float at 5.02%.

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 12.3181% 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 9.4535 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 49.12 million shares representing 5.3565% and valued at over $984.35 million, while STATE STREET CORP holds 5.2012 of the shares totaling 47.69 million with a market value of $967.31 million.

Regions Financial Corp (RF) Insider Activity

The most recent transaction is an insider purchase by JOHNSON JOIA M, the company’s Director. SEC filings show that JOHNSON JOIA M bought 2,300 shares of the company’s common stock on Mar 11 ’25 at a price of $21.18 per share for a total of $48702.0. Following the purchase, the insider now owns 17486.0 shares.

Regions Financial Corp disclosed in a document filed with the SEC on Jan 28 ’25 that SUQUET JOSE S (Director) bought a total of 549 shares of the company’s common stock. The trade occurred on Jan 28 ’25 and was made at $24.70 per share for $13561.0. Following the transaction, the insider now directly holds 33791.0 shares of the RF stock.

Still, SEC filings show that on Dec 20 ’24, SUQUET JOSE S (Director) acquired 530 shares at an average price of $23.75 for $12588.0. The insider now directly holds 32,156 shares of Regions Financial Corp (RF).

Related Posts

News RTS
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.