Regions Financial - RF Stock Forecast, Price & News

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Regions Financial in the last year. There are currently 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research 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 equities research analysts have issued 1 year target prices for Regions Financial's stock. Their RF share price forecasts range from $20.00 to $30.00. On average, they predict the company's stock price to reach $24.72 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price.
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Regions Financial's stock was trading at $21.56 at the beginning of the year. Since then, RF stock has increased by 11.3% and is now trading at $24.00.
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Regions Financial saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 22,800,000 shares, an increase of 18.6% from the December 31st total of 19,220,000 shares. Based on an average daily volume of 7,530,000 shares, the days-to-cover ratio is currently 3.0 days. Currently, 2.5% of the shares of the company are sold short.
View Regions Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, April 28th 2023.
View our RF earnings forecast.

Regions Financial Co. (NYSE:RF) announced its earnings results on Friday, January, 20th. The bank reported $0.67 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.02. The bank had revenue of $2 billion for the quarter, compared to analyst estimates of $1.94 billion. Regions Financial had a trailing twelve-month return on equity of 16.14% and a net margin of 29.81%.
Read the conference call transcript.

Regions Financial declared a quarterly dividend on Wednesday, October 19th. Investors of record on Thursday, December 8th will be given a dividend of $0.20 per share on Tuesday, January 3rd. This represents a $0.80 annualized dividend and a dividend yield of 3.33%. The ex-dividend date of this dividend is Wednesday, December 7th.
Read our dividend analysis for RF.

Regions Financial (NYSE:RF) pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.36%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RF will have a dividend payout ratio of 31.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RF.

Regions Financial issued an update on its FY 2023 earnings guidance on Friday, January, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $7.74 billion-$7.88 billion, compared to the consensus revenue estimate of $7.76 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "RF."

Regions Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.89%), Bank of Montreal Can (0.61%), Sumitomo Mitsui Trust Holdings Inc. (0.35%), Pzena Investment Management LLC (0.26%), Bank Julius Baer & Co. Ltd Zurich (0.18%) and New York State Teachers Retirement System (0.14%). Insiders that own company stock include Amala Duggirala, C Matthew Lusco, David J Turner Jr, David R Keenan, John B Owen, Jose S Suquet, Ronald G Smith, Scott M Peters and William D Ritter.
View institutional ownership trends.

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 $24.00.

Regions Financial (NYSE:RF) has a market capitalization of $22.43 billion and generates $7.53 billion in revenue each year. The bank earns $2.25 billion in net income (profit) each year or $2.27 on an earnings per share basis.

The company employs 19,626 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.