Regions Financial Corp (NYSE:RF) traded at $27.31 at close of the session on Tuesday, November 26 and made a downward move of -0.58% on its previous day’s price.
Looking at the stock we see that its previous close was $27.47 and the beta (5Y monthly) reads 1.182 with the day’s price range being $27.22 – $27.49. The company has a trailing 12-month PE ratio of 15.42. In terms of its 52-week price range, RF has a high of $27.96 and a low of $15.79. The company’s stock has gained about 13.51% over that past 30 days.
Regions Financial Corp has a market cap of $24.82 billion and is expected to release its quarterly earnings report in December. With its Forward Dividend at 0.97 and a yield of 3.55%, the company’s investors could be anxious for the RF stock to gain ahead of the earnings release.
On the other hand, looking at the outlook for the RF stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Based on estimates by 16 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 7 have rated the Regions Financial Corp (RF) stock as a Hold, while 9 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the RF stock currently stands at 4.65, and the current price level is 6.14% off its SMA20 and 12.61% from its 50-day simple moving average. The RSI (14) is pointing at 73.33 while the volatility over the past week is 1.69% and jumps to 2.03% over the past one month. The beta value is 1.20, while the average true range (ATR) is currently pointing at 0.56. The average price target for the stock over the next 12 months is $26, with the estimates having a low of $18 and a high of $29. These price ends are 34.09% and -6.19% off the current price level respectively, although investors could be excited at the prospect of a 4.8% if the RF share price touches on the median price of $26.
Coming back to Regions Financial Corp (NYSE:RF), we note that the average 3-month trading volume was 7.66 million, while that of the preceding 10-day period stands at 7.74 million. Current shares outstanding are 922.34 million.
The insiders hold 0.31% of the company’s shares while institutions hold 79.70%. The data shows that short shares as of 2024-11-15, stood at 40.5 million at a short ratio of 4.72. This represents a 513.00 short interest in shares outstanding on 2024-11-15. Shares short rose in November from the previous month at 36.4 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 40.92% up in year-to-date price movement.
