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 annualized dividend and a yield of 3.94%. The ex-dividend date is Thursday, December 5th. View Regions Financial's Dividend History.

Regions Financial declared that its board has approved a stock repurchase program on Thursday, June 27th 2019, which allows the company to repurchase $1,370,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 9% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.

Regions Financial Corp (NYSE:RF) posted its quarterly earnings results on Friday, January, 17th. The bank reported $0.40 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.01. The bank had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.48 billion. Regions Financial had a net margin of 23.42% and a return on equity of 10.77%. The firm's revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the previous year, the business 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 brokers 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 stock 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.

News articles about RF stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog 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 news impact score of -3.7 on InfoTrie's scale. They also assigned media coverage about the bank a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the near future. View News Stories for Regions Financial.

Regions Financial saw a increase in short interest in 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 currently 1.8 days. Approximately 1.6% of the company's shares are sold short. 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), Huntington Bancshares (HBAN) and Micron Technology (MU).

Regions Financial's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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 purchased 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.