When it comes to the Analysis of a Stock, Price Target plays a vital role.
Several investment firms issued their expert ratings on Regions Financial Corporation (NYSE:RF) in which UBS Downgrades Regions Financial Corporation (NYSE:RF) to Sell by settling a price target of $13 on 1/11/17.
Many Analysts provided their foresight on Revenue Estimates of Manulife Financial Corporation where they believe that the company has the potential to earn average revenue of $12.98 Billion for the current quarter. One research analyst has rated the stock with a sell rating, seventeen have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock.
Regions Financial Corporation's (RF) stock price distance from twenty day simple moving average surged at 7.10% while its distance from fifty day simple moving average raised 7.74% along with 41.59% above distance from two hundred simple moving averages. According to these analysts, the Low Revenue Estimate for Regions Financial Corporation is 1.37 Billion and the High Revenue Estimate is 1.42 Billion. The company has a market cap of $18.91 billion, a P/E ratio of 17.80 and a beta of 1.37. Jefferies Downgrades Regions Financial Corporation (NYSE:RF) to Hold with no specific Price Target. Investors might consider the stock as a long term growth candidate as the firm has yielded 124.90% earnings per share growth over the past 5 years and 0.90% revenue growth over that same time frame. Regions Financial Corporation had a return on equity of 7.09% and a net margin of 19.49%. The company reported its last quarter on Dec 16. With an institutional ownership near 74.8%, it carries an earnings per share ratio of 0.5. Shares of Regions Financial Corporation's (RF) are trading -0.06% downward from the 52-week high mark and 121.34% above from the fifty two-week low mark.
Regions Financial Corp (RF) was Upgraded by SunTrust to " Buy". If you are reading this report on another publication, it was illegally copied and republished in violation of United States and worldwide copyright laws. The legal version of this piece of content can be accessed at https://baseballnewssource.com/markets/regions-financial-corporation-rf-lifted-to-buy-at-suntrust-banks-inc/438215.html.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Investors of record on Friday, March 10th will be given a $0.065 dividend. The ex-dividend date of this dividend is Wednesday, March 8th. Regions Financial Corporation's dividend payout ratio is now 29.89%.
In other Regions Financial Corporation news, EVP Brett D. Couch sold 65,848 shares of the business's stock in a transaction dated Thursday, January 26th. Following the sale, the executive vice president now directly owns 59,960 shares in the company, valued at approximately $870,619.20. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Earlier the firm had a rating of "Hold " on the company shares. The shares were sold at an average price of $10.73, for a total value of $744,769.30. Following the completion of the sale, the executive vice president now owns 19,434 shares in the company, valued at $255,945.78. The disclosure for this sale can be found here.
A number of hedge funds have recently bought and sold shares of RF. TradeLink Capital LLC acquired a new stake in shares of Regions Financial Corporation during the third quarter worth about $103,000.
While looking at the Stock's Performance, Regions Financial Corporation now shows a Weekly Performance of 7.38%, where Monthly Performance is 12.92%, Quarterly performance is 17.79%, 6 Months performance is 64.93% and yearly performance percentage is 104.07%.
E*TRADE Financial Corp Last issued its quarterly earnings results on Jan 26, 2017. Sheaff Brock Investment Advisors LLC increased its stake in Regions Financial Corporation by 0.5% in the second quarter. The forecast of 5 surveyed investment analysts covering the stock advises investors to Buy stake in the company. Pitcairn Co. increased its stake in Regions Financial Corp.by 0.4% in the second quarter. Insiders own 0.88% of the company's stock.
Manulife Financial Corporation (MFC) is a life insurance company.