Analysts Keeping an Eye on: Regions Financial Corp (NYSE:RF)

Regions Financial Corp (NYSE:RF) shares traded 0.80% during the most recent session the stock exchanged hands 15.26M shares versus average trading capacity of 19.36M shares, yielding a market cap of $16.67B. Wall Street analysts covering the stock are projecting that the stock will reach $14.93 within the next 52-weeks. The mean target projections are based on 27 opinions, the mean target was last revised on 04/21/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Regions Financial Corp (NYSE:RF) high price target of $18.00 and with a conservative view have low price target of $12.00 with a standard deviation of $1.28. If seeing target price from optimistic overview then it has a 30 percent upside potential from the latest closing price of $13.87.

Regions Financial Corp (NYSE:RF) received “Downgrade” rating by Wedbush in a research note issued to investors on May-01-17 from Outperform to Neutral from $16 to $15.

Additionally on Apr-20-17 Regions Financial Corp (NYSE:RF) was “Downgraded” by Rafferty from Buy to Hold and on Mar-15-17 the stock was “Reiterated” by FBR & Co. as Outperform from $17 to $18. Furthermore on Feb-16-17 the stock was “Upgraded” by SunTrust from Hold to Buy.

On the other hand the company has Relative Strength Index (RSI 14) of 44.88 along with Average True Range (ATR 14) of 0.38, Consequently Regions Financial Corp (NYSE:RF) weekly and monthly volatility is 2.17%, 2.52% respectively. The company’s beta value is at 1.32.

In terms of Buy, Sell or Hold recommendations, Regions Financial Corp (NYSE:RF) has an analysts’ mean recommendation of 2.80. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that Regions Financial Corp (NYSE:RF) will report earnings of $0.24 for the current quarter, however the company’s high EPS estimates are $0.25 and low estimates are $0.23. However the company reported $0.2 earnings per share for the same quarter during last year.

Previously Regions Financial Corp (NYSE:RF) reported $0.23 earnings per share (EPS) for the quarter on 4/18/2017 Before Market Open, beating the consensus estimate of $0.22 by $0.01. The company posted an earnings surprise of 4.55%.

While considering growth estimates of the company, it has next quarter growth estimates of 4.20% whereas during current quarter it has 20.00% estimations over growth, comparing to the estimations of 12.60% during current year and 13.30% for next year. Past 5 years growth of Regions Financial Corp (NYSE:RF) observed at 1.50%, looking forward for the next 5 years it has a strong prediction of 8.34% over growth.

Regions Financial Corp (NYSE:RF) revenue estimates for the current quarter are $1.42B according to 19 number of analysts, for the current quarter the company has high revenue estimates of $1.45B in contradiction of low revenue estimates of $1.4B. For the current year the company’s revenue estimates are $5.72B compared to low analyst estimates of $5.5B and high estimates of $5.79B according 23 number of analysts.

Currently Regions Financial Corp (NYSE:RF) shares owned by insiders are 0.30%, whereas shares owned by institutional owners are 79.70%. However the six-month change in the insider ownership was recorded -17.81%, as well as three-month change in the institutional ownership was recorded -0.37%.

Regions Financial Corp (NYSE:RF) trading -13.10% away from its 52 week high of $15.96 and +80.59% far from the stock’s low point over the past 52 weeks, which was $7.68. The stock hit its 52-week high on 03/02/17, and 52-week low on 07/06/16. The company’s trailing twelve month income is 1.12B dollars and is paying 1.87% dividend yield annually.

Regions Financial Corp (NYSE:RF) trailing twelve month revenues are $3.82B, whereas its price to sales ratio for the same period is 4.39. Its book value per share for the most recent quarter is $13.15 while its price to book ratio for the same period is 1.05, as for as the company’s cash per share for the most recent quarter is $3.72, however its price to cash per share ratio for the same period is 3.73. The stock has a current PEG ratio of 1.86 where as its trailing twelve month P/E ratio is 15.48.

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