Market Insight: Regions Financial Corp. (RF)’s Notable Gain, Closing at 19.79

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Regions Financial Corp. (NYSE: RF) closed at $19.79 up 1.44% from its previous closing price of $19.51. In other words, the price has increased by $1.44 from its previous closing price. On the day, 5.82 million shares were traded. RF stock price reached its highest trading level at $19.945 during the session, while it also had its lowest trading level at $19.59.

Ratios:

For a deeper understanding of Regions Financial Corp.’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.20.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on March 18, 2024, Upgraded its rating to Buy and sets its target price to $23 from $20 previously.

Jefferies Upgraded its Hold to Buy on January 09, 2024, whereas the target price for the stock was revised from $15 to $22.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 03 ’24 when Ritter William D. sold 23,000 shares for $19.95 per share. The transaction valued at 458,742 led to the insider holds 41,671 shares of the business.

RHODES WILLIAM C III bought 50,000 shares of RF for $968,500 on Apr 23 ’24. The Director now owns 50,000 shares after completing the transaction at $19.37 per share. On Dec 08 ’23, another insider, Lusco C. Matthew, who serves as the SEVP & CRO of the company, sold 28,617 shares for $17.47 each. As a result, the insider received 499,839 and left with 103,307 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RF now has a Market Capitalization of 18124216320. As of this moment, Regions’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.68, and their Forward P/E ratio for the next fiscal year is 8.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.96 while its Price-to-Book (P/B) ratio in mrq is 1.18.

Stock Price History:

Over the past 52 weeks, RF has reached a high of $21.08, while it has fallen to a 52-week low of $13.72. The 50-Day Moving Average of the stock is 2.30%, while the 200-Day Moving Average is calculated to be 8.27%.

Shares Statistics:

For the past three months, RF has traded an average of 7.24M shares per day and 7667360 over the past ten days. A total of 922.34M shares are outstanding, with a floating share count of 912.93M. Insiders hold about 0.32% of the company’s shares, while institutions hold 80.89% stake in the company. Shares short for RF as of 1718323200 were 41691613 with a Short Ratio of 5.76, compared to 1715731200 on 34770927. Therefore, it implies a Short% of Shares Outstanding of 41691613 and a Short% of Float of 5.239999699999999.

Dividends & Splits

According to the company, the forward annual dividend rate for RF is 0.96, from 0.92 in the trailing year. Against a Trailing Annual Dividend Yield of 0.047155306The stock’s 5-year Average Dividend Yield is 3.94.

Most Popular