NYSE:RF - Regions Financial Stock Price, Forecast & News

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

Regions Financial announced a quarterly dividend on Wednesday, October 16th. Shareholders of record on Friday, December 6th will be paid a dividend of $0.155 per share on Thursday, January 2nd. This represents a $0.62 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date of this dividend is Thursday, December 5th. View Regions Financial's Dividend History.

Regions Financial declared that its Board of Directors has authorized a stock buyback program on Thursday, June 27th 2019, which permits the company to repurchase $1,370,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

Regions Financial Corp (NYSE:RF) issued its quarterly earnings results on Friday, January, 17th. The bank reported $0.40 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.39 by $0.01. The bank had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.48 billion. Regions Financial had a return on equity of 10.77% and a net margin of 23.42%. The company's revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.37 earnings per share. View Regions Financial's Earnings History.

Regions Financial is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for Regions Financial.

16 analysts have issued 1 year target prices for Regions Financial's stock. Their forecasts range from $16.00 to $20.00. On average, they expect Regions Financial's share price to reach $17.53 in the next year. This suggests a possible upside of 11.5% from the stock's current price. View Analyst Price Targets for Regions Financial.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Regions Financial in the last year. There are currently 2 sell ratings, 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Regions Financial.

Media headlines about RF stock have been trending extremely negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Regions Financial earned a daily sentiment score of -4.5 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Regions Financial.

Regions Financial saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 14,930,000 shares, an increase of 7.2% from the December 15th total of 13,930,000 shares. Based on an average daily trading volume, of 8,480,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.6% of the company's shares are short sold. View Regions Financial's Current Options Chain.

Some companies that are related to Regions Financial include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC), TCF Financial (TCF) and Cullen/Frost Bankers (CFR).

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), Citigroup (C), KeyCorp (KEY), Verizon Communications (VZ), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (Jpm) and Huntington Bancshares (HBAN).

Regions Financial's stock is owned by a number of of retail and institutional investors. Top institutional investors include Hexavest Inc. (0.24%), Wedge Capital Management L L P NC (0.19%), New York State Teachers Retirement System (0.17%), Zurcher Kantonalbank Zurich Cantonalbank (0.15%), Strs Ohio (0.07%) and State of Alaska Department of Revenue (0.06%). Company insiders that own Regions Financial stock include Barbara Godin, C Keith Herron, C Matthew Lusco, David J Turner Jr, David R Keenan, Grayson Hall, Hardie B Kimbrough Jr, John B Owen, Ronald G Smith, Scott M Peters, Susan W Matlock, William D Ritter and William E Horton. View Institutional Ownership Trends for Regions Financial.

RF stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., New York State Teachers Retirement System, State of Alaska Department of Revenue, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Dalton Greiner Hartman Maher & Co., Manning & Napier Group LLC, Lathrop Investment Management Corp and Westbourne Investment Advisors Inc.. Company insiders that have sold Regions Financial company stock in the last year include C Keith Herron, C Matthew Lusco, David R Keenan, Hardie B Kimbrough Jr, John B Owen and Scott M Peters. View Insider Buying and Selling for Regions Financial.

RF stock was bought by a variety of institutional investors in the last quarter, including Hexavest Inc., Exchange Traded Concepts LLC, AE Wealth Management LLC, DNB Asset Management AS, Strs Ohio, Sciencast Management LP, G&S Capital LLC and Convergence Investment Partners LLC. View Insider Buying and Selling for Regions Financial.

Shares of RF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of RF stock can currently be purchased for approximately $15.72.

Regions Financial has a market capitalization of $15.16 billion and generates $6.76 billion in revenue each year. The bank earns $1.58 billion in net income (profit) each year or $1.55 on an earnings per share basis. Regions Financial employs 19,969 workers across the globe.View Additional Information About Regions Financial.

The official website for Regions Financial is http://www.regions.com/.

Regions Financial's mailing address is 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL, 35203. The bank can be reached via phone at 800-734-4667.