Regions Financial (RF) Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Regions Financial in the last twelve months. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RF shares.
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14 brokers have issued twelve-month target prices for Regions Financial's shares. Their RF share price forecasts range from $20.00 to $26.00. On average, they predict the company's stock price to reach $23.03 in the next twelve months. This suggests a possible upside of 33.1% from the stock's current price.
View analysts price targets for RF or view top-rated stocks among Wall Street analysts.

Regions Financial's stock was trading at $21.56 at the beginning of the year. Since then, RF stock has decreased by 19.8% and is now trading at $17.30.
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The company is scheduled to release its next quarterly earnings announcement on Friday, October 20th 2023.
View our RF earnings forecast.

Regions Financial will be holding an earnings conference call on Friday, October 20th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Regions Financial Co. (NYSE:RF) posted its earnings results on Friday, July, 21st. The bank reported $0.59 EPS for the quarter, meeting analysts' consensus estimates of $0.59. The bank had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.95 billion. Regions Financial had a trailing twelve-month return on equity of 16.54% and a net margin of 26.86%. The firm's revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.59 EPS.
Read the conference call transcript.

Regions Financial declared a quarterly dividend on Wednesday, July 19th. Investors of record on Friday, September 1st will be given a dividend of $0.24 per share on Monday, October 2nd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.55%. The ex-dividend date of this dividend is Thursday, August 31st. This is an increase from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for RF.

ETFs with the largest weight of Regions Financial (NYSE:RF) stock in their portfolio include iShares U.S. Regional Banks ETF (IAT), Invesco KBW Bank ETF (KBWB), First Trust Nasdaq Bank ETF (FTXO), Proshares Equities For Rising Rates ETF (EQRR), First Trust Rising Dividend Achievers ETF (RDVY), God Bless America ETF (YALL), FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) and SPDR S&P Regional Banking ETF (KRE).

Regions Financial (NYSE:RF) pays an annual dividend of $0.96 per share and currently has a dividend yield of 5.63%. RF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 41.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RF will have a dividend payout ratio of 44.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RF.

191 employees have rated Regions Financial Chief Executive Officer John Turner on Glassdoor.com. John Turner has an approval rating of 83% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Regions Financial investors own include Bank of America (BAC), Ford Motor (F), AT&T (T), General Electric (GE), KeyCorp (KEY), Citigroup (C), Wells Fargo & Company (WFC), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM) and Cisco Systems (CSCO).

Regions Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "RF."

Regions Financial's stock is owned by many different retail and institutional investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (174.63%), BlackRock Inc. (9.67%), State Street Corp (5.23%), Geode Capital Management LLC (2.17%), Charles Schwab Investment Management Inc. (2.08%) and LSV Asset Management (1.57%). Insiders that own company stock include Amala Duggirala, C Matthew Lusco, David J Turner Jr, David R Keenan, J Thomas Hill, John B Owen, Ronald G Smith, Scott M Peters and William D Ritter.
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Shares of RF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RF stock can currently be purchased for approximately $17.30.

Regions Financial (NYSE:RF) has a market capitalization of $16.23 billion and generates $7.53 billion in revenue each year. The bank earns $2.25 billion in net income (profit) each year or $2.34 on an earnings per share basis.

The company employs 20,073 workers across the globe.

Regions Financial's mailing address is 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL, 35203. The official website for the company is www.regions.com. The bank can be reached via phone at (800) 734-4667 or via fax at 334-832-8419.