Media coverage about Regions Financial (NYSE:RF) has trended somewhat positive on Thursday, Accern Sentiment reports. Accern scores the sentiment of media coverage by monitoring more than twenty 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 0.20 on Accern’s scale. Accern also gave news articles about the bank an impact score of 46.3600351596548 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media stories that may have effected Accern’s scoring:
A number of analysts have recently issued reports on the company. Royal Bank of Canada reaffirmed a “hold” rating and set a $16.00 target price on shares of Regions Financial in a research report on Wednesday, October 25th. SunTrust Banks reaffirmed a “buy” rating and set a $19.00 target price on shares of Regions Financial in a research report on Wednesday, November 29th. Piper Jaffray Companies reissued a “hold” rating and issued a $17.00 price objective on shares of Regions Financial in a report on Tuesday, January 9th. ValuEngine lowered Regions Financial from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, UBS Group raised Regions Financial from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $15.00 to $18.00 in a report on Tuesday, December 12th. Three equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $16.65.
Shares of Regions Financial (NYSE:RF) traded down $0.21 during midday trading on Thursday, hitting $18.15. The stock had a trading volume of 11,675,115 shares, compared to its average volume of 9,510,000. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.84 and a current ratio of 0.85. The firm has a market capitalization of $21,050.00, a P/E ratio of 19.11, a PEG ratio of 1.05 and a beta of 1.30. Regions Financial has a fifty-two week low of $13.00 and a fifty-two week high of $18.55.
Regions Financial (NYSE:RF) last issued its quarterly earnings data on Tuesday, October 24th. The bank reported $0.25 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.25. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.45 billion. Regions Financial had a return on equity of 7.56% and a net margin of 20.14%. The business’s revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.24 earnings per share. equities research analysts forecast that Regions Financial will post 0.99 earnings per share for the current year.
In other Regions Financial news, Director John E. D. D. S. Maupin, Jr. sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $17.04, for a total value of $255,600.00. Following the completion of the sale, the director now directly owns 59,436 shares in the company, valued at $1,012,789.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John B. Owen sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The stock was 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. Insiders sold 80,000 shares of company stock valued at $1,278,400 over the last 90 days. 0.52% of the stock is currently owned by insiders.
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About Regions Financial
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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