DA Davidson Lifts Earnings Estimates for Regions Financial

Regions Financial Co. (NYSE:RF - Free Report) - Analysts at DA Davidson raised their FY2025 EPS estimates for Regions Financial in a research report issued to clients and investors on Monday, April 21st. DA Davidson analyst P. Winter now anticipates that the bank will post earnings of $2.28 per share for the year, up from their previous forecast of $2.23. The consensus estimate for Regions Financial's current full-year earnings is $2.26 per share. DA Davidson also issued estimates for Regions Financial's FY2026 earnings at $2.46 EPS.

Several other equities analysts have also issued reports on the company. JPMorgan Chase & Co. decreased their price target on Regions Financial from $26.00 to $23.00 and set a "neutral" rating on the stock in a research note on Thursday, April 3rd. Citigroup dropped their price objective on shares of Regions Financial from $28.00 to $25.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Stephens cut their price objective on Regions Financial from $26.00 to $24.00 and set an "overweight" rating on the stock in a research note on Monday, April 21st. Truist Financial cut their price target on shares of Regions Financial from $24.00 to $21.00 and set a "hold" rating on the stock in a research report on Tuesday, April 22nd. Finally, Keefe, Bruyette & Woods cut their target price on Regions Financial from $28.00 to $26.00 and set an "outperform" rating on the stock in a research report on Monday, April 21st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Regions Financial has an average rating of "Moderate Buy" and an average price target of $25.53.

Regions Financial Price Performance

NYSE:RF traded up $0.01 during trading hours on Wednesday, reaching $20.29. 1,768,299 shares of the company were exchanged, compared to its average volume of 8,082,681. The business has a 50 day moving average of $21.16 and a 200 day moving average of $23.47. Regions Financial has a 1-year low of $17.72 and a 1-year high of $27.96. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.83. The company has a market capitalization of $18.37 billion, a P/E ratio of 10.46, a P/E/G ratio of 1.93 and a beta of 1.01.

Regions Financial (NYSE:RF - Get Free Report) last announced its earnings results on Thursday, April 17th. The bank reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $0.03. Regions Financial had a net margin of 20.20% and a return on equity of 12.83%. The firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same quarter in the prior year, the business posted $0.37 EPS.

Regions Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, May 2nd will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 4.93%. The ex-dividend date is Monday, June 2nd. Regions Financial's dividend payout ratio is presently 48.08%.

Insider Activity

In related news, Director Joia M. Johnson purchased 2,300 shares of the business's stock in a transaction on Tuesday, March 11th. The stock was acquired at an average price of $21.18 per share, with a total value of $48,714.00. Following the purchase, the director now directly owns 17,486 shares in the company, valued at approximately $370,353.48. This represents a 15.15 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.29% of the company's stock.

Institutional Trading of Regions Financial

Several hedge funds and other institutional investors have recently bought and sold shares of RF. Y.D. More Investments Ltd boosted its position in Regions Financial by 122.9% during the 4th quarter. Y.D. More Investments Ltd now owns 1,150 shares of the bank's stock valued at $27,000 after buying an additional 634 shares during the period. Sierra Ocean LLC bought a new stake in shares of Regions Financial in the fourth quarter worth about $28,000. Picton Mahoney Asset Management raised its position in Regions Financial by 2,354.9% during the 4th quarter. Picton Mahoney Asset Management now owns 1,252 shares of the bank's stock valued at $29,000 after purchasing an additional 1,201 shares during the last quarter. Millstone Evans Group LLC purchased a new stake in shares of Regions Financial in the 4th quarter worth about $32,000. Finally, Rossby Financial LCC bought a new position in Regions Financial in the first quarter worth $36,000. Institutional investors own 79.39% of the company's stock.

About Regions Financial

Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending; equipment lease financing; deposit products; and securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition, and other advisory services.