News coverage about Regions Financial (NYSE:RF) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Regions Financial earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 46.9068720147538 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
Regions Financial (RF) opened at $16.95 on Tuesday. Regions Financial has a 52-week low of $13.00 and a 52-week high of $17.12. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.85 and a quick ratio of 0.84. The firm has a market capitalization of $19,313.52, a PE ratio of 17.34, a price-to-earnings-growth ratio of 1.51 and a beta of 1.30.
Regions Financial (NYSE:RF) last issued its earnings results on Tuesday, October 24th. The bank reported $0.25 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.25. Regions Financial had a return on equity of 7.56% and a net margin of 20.14%. The business had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same quarter in the previous year, the firm earned $0.24 EPS. Regions Financial’s revenue was down 1.3% on a year-over-year basis. equities analysts forecast that Regions Financial will post 0.99 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 8th will be given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend is Thursday, December 7th. Regions Financial’s dividend payout ratio (DPR) is 37.50%.
Several research firms recently weighed in on RF. SunTrust Banks reiterated a “buy” rating and issued a $19.00 price target on shares of Regions Financial in a report on Wednesday, November 29th. Goldman Sachs Group upgraded shares of Regions Financial from a “buy” rating to a “conviction-buy” rating in a report on Thursday, November 16th. J P Morgan Chase & Co boosted their target price on shares of Regions Financial from $15.50 to $16.00 and gave the company a “neutral” rating in a report on Wednesday, November 1st. Nomura restated a “neutral” rating and set a $17.00 target price (up previously from $16.00) on shares of Regions Financial in a report on Thursday, October 26th. Finally, Royal Bank Of Canada restated a “hold” rating and set a $16.00 target price on shares of Regions Financial in a report on Wednesday, October 25th. Four research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $15.60.
In other news, EVP Scott M. Peters sold 25,000 shares of the company’s stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $15.84, for a total transaction of $396,000.00. Following the completion of the sale, the executive vice president now owns 121,459 shares of the company’s stock, valued at approximately $1,923,910.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John B. Owen sold 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $15.67, for a total value of $626,800.00. The disclosure for this sale can be found here. 0.52% of the stock is currently owned by insiders.
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Regions Financial Company Profile
Regions Financial Corporation is a financial holding company. The Company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. It operates in three segments: Corporate Bank, which represents its commercial banking functions, including commercial and industrial, commercial real estate and investor real estate lending; Consumer Bank, which represents its branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards and other consumer loans, as well as the corresponding deposit relationships, and Wealth Management, which offers individuals, businesses, governmental institutions and non-profit entities a range of solutions to enable transfer of wealth.
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