Regions Financial Corp (NYSE:RF) shares, rose in value on Friday, January 03, with the stock price up by 0.60% to the previous day’s close as strong demand from buyers drove the stock to $23.40.
Actively observing the price movement in the recent trading, the stock is buoying the session at $23.26, falling within a range of $23.16 and $23.51. The value of beta (5-year monthly) is 1.182 whereas the PE ratio is 13.21 over 12-month period. Referring to stock’s 52-week performance, its high was $27.96, and the low was $17.42. On the whole, RF has fluctuated by -11.16% over the past month.
With the market capitalization of Regions Financial Corp currently standing at about $21.27 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.98, with its dividend yield at 4.19%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.22B, with a low estimate of 1.84B and a high estimate of 1.88B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.86B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RF’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.27, with the price of RF currently trading nearly -4.22% and -6.83% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 33.28, while the 7-day volatility ratio is showing 1.85% which for the 30-day chart, stands at 2.23%. Furthermore, Regions Financial Corp (RF)’s beta value is 1.22, and its average true range (ATR) is 0.53.
A comparison of Regions Financial Corp (RF) with its peers suggests the former has fared considerably weaker in the market. RF showed an intraday change of 0.60% in today’s session so far, and over the past year, it grew by 24.47%%.
Data on historical trading for Regions Financial Corp (NYSE:RF) indicates that the trading volumes over the past 10 days have averaged 8.88 and over the past 3 months, they’ve averaged 7.78 million. According to company’s latest data on outstanding shares, there are 910.57 million shares outstanding.
Nearly 0.31% of Regions Financial Corp’s shares belong to company insiders and institutional investors own 79.73% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 33.15 million shares as on 2024-12-13, resulting in a short ratio of 4.61. According to the data, the short interest in Regions Financial Corp (RF) stood at 420.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 40.5 million. The stock has fallen by -0.51% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RF stock heading into the next quarter.
