Regions Financial Stock Forecast, Price & News

Regions Financial's stock was trading at $10.69 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, RF shares have increased by 50.4% and is now trading at $16.08.
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21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Regions Financial in the last year. There are currently 9 hold ratings, 10 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Regions Financial.

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Regions Financial is scheduled to release its next quarterly earnings announcement on Friday, January 15th 2021.
View our earnings forecast for Regions Financial.

Regions Financial Co. (NYSE:RF) issued its earnings results on Tuesday, October, 20th. The bank reported $0.49 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.33 by $0.16. The bank had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.50 billion. Regions Financial had a net margin of 11.32% and a return on equity of 5.10%. The business's revenue was up 9.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.39 earnings per share.
View Regions Financial's earnings history.

Regions Financial declared a quarterly dividend on Thursday, October 15th. Investors of record on Friday, December 4th will be paid a dividend of $0.155 per share on Monday, January 4th. This represents a $0.62 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date is Thursday, December 3rd.
View Regions Financial's dividend history.

Regions Financial announced that its board has authorized a stock repurchase plan on Thursday, June 27th 2019, which permits the company to buyback $1,370,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board believes its stock is undervalued.

21 brokerages have issued 1-year price targets for Regions Financial's shares. Their forecasts range from $9.00 to $18.50. On average, they expect Regions Financial's stock price to reach $13.33 in the next year. This suggests that the stock has a possible downside of 17.1%.
View analysts' price targets for Regions Financial.

Some companies that are related to Regions Financial include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), KeyCorp (KEY), M&T Bank (MTB), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), First Horizon National (FHN), Zions Bancorporation, National Association (ZION), East West Bancorp (EWBC), Signature Bank (SBNY), Prosperity Bancshares (PB) and First Citizens BancShares (FCNCA).
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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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.88%), State Street Corp (5.60%), JPMorgan Chase & Co. (2.35%), LSV Asset Management (2.23%), Charles Schwab Investment Management Inc. (1.27%) and Thornburg Investment Management Inc. (1.23%). Company insiders that own Regions Financial stock include C Keith Herron, C Matthew Lusco, David R Keenan, Hardie B Kimbrough Jr, John B Owen, Jose S Suquet and Scott M Peters.
View institutional ownership trends for Regions Financial.

RF stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, LSV Asset Management, BlackRock Inc., Robeco Institutional Asset Management B.V., Victory Capital Management Inc., Teacher Retirement System of Texas, Morgan Stanley, and Stieven Capital Advisors L.P..
View insider buying and selling activity for Regions Financial.

RF stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Thornburg Investment Management Inc., AMF Pensionsforsakring AB, Neuberger Berman Group LLC, Nisa Investment Advisors LLC, Charles Schwab Investment Management Inc., State Street Corp, and Allianz Asset Management GmbH.
View insider buying and selling activity 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 $16.08.

Regions Financial has a market capitalization of $15.44 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 19,766 workers across the globe.

The official website for Regions Financial is 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.