Regions Financial Stock Price, News & Analysis (NYSE:RF)

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Regions Financial in the last twelve months. There are currently 11 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RF, but not buy additional shares or sell existing shares.
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15 Wall Street analysts have issued 1 year target prices for Regions Financial's shares. Their RF share price targets range from $15.00 to $24.00. On average, they anticipate the company's share price to reach $18.95 in the next twelve months. This suggests a possible upside of 8.6% from the stock's current price.
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Regions Financial's stock was trading at $21.56 at the start of the year. Since then, RF stock has decreased by 19.1% and is now trading at $17.44.
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The company is scheduled to release its next quarterly earnings announcement on Friday, January 19th 2024.
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Regions Financial will be holding an earnings conference call on Friday, January 19th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Regions Financial Co. (NYSE:RF) released its quarterly earnings data on Friday, October, 20th. The bank reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.58 by $0.09. The bank earned $1.86 billion during the quarter, compared to analyst estimates of $1.89 billion. Regions Financial had a trailing twelve-month return on equity of 15.86% and a net margin of 26.39%. Regions Financial's quarterly revenue was down .5% compared to the same quarter last year. During the same period last year, the company posted $0.56 EPS.
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Regions Financial announced a quarterly dividend on Wednesday, October 18th. Investors of record on Friday, December 8th will be given a dividend of $0.24 per share on Tuesday, January 2nd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.50%. The ex-dividend date is Thursday, December 7th.
Read our dividend analysis for RF.

Regions Financial (NYSE:RF) pays an annual dividend of $0.96 per share and currently has a dividend yield of 5.57%. 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 40.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RF will have a dividend payout ratio of 49.23% next year. This indicates that the company will be able to sustain or increase its dividend.
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 NASDAQ Rising Dividend Achievers (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 updated its FY 2023 earnings guidance on Friday, October, 20th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $7.52 billion-$7.59 billion, compared to the consensus revenue estimate of $7.68 billion.

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's stock is owned by many different retail and institutional investors. Top institutional investors include Wellington Management Group LLP (5.79%), Charles Schwab Investment Management Inc. (2.15%), Morgan Stanley (1.63%), LSV Asset Management (1.47%), Invesco Ltd. (1.19%) and Northern Trust Corp (1.16%). Insiders that own company stock include Amala Duggirala, C Matthew Lusco, David J Turner Jr, 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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