Regions Financial Corporation (NYSE:RF) registered a -1.09% decrease, still its new closing price is 113.03% up from the company’s 1 year high of 14.93.It posted 3.56% gains in previous 5 sessions and is now the subject of 19 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 1 sells versus 3 buy or better ratings. The 30 stock analysts following this company have an average price target at $15.23, with individual PT in the $12.00-$19.00 range. The shares moved at $14.54, implying that brokerage firms see shares gaining about 86.17% in twelve months time.
Regions Financial Corporation (RF) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 1.25% rise year to date. A SEVP at Regions Financial Corporation (RF) offloaded shares in a transaction closed on Thursday January 26, 2017. Ritter William D. sold 94,599 shares in the company at $14.7 each and collected $1,390,001 in proceeds. Ritter William D. now owns 30,653 shares in the company after this transaction. A SEVP in the company, Couch Brett D, disclosed a transaction on Thursday January 26, 2017 that ended up generating $964,000 from the sale of 65,848 shares at $14.64 per share.
Regions Financial Corporation (NYSE:RF) Upcoming Results on Tap
Regions Financial Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.23 in that period. Sales during the quarter are predicted to arrive at $1.39 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.33 billion in revenue and EPS of $0.23. The mean forecast was for $1.39 billion and $0.23 a share, respectively. One quarter earlier, revenue for the stock was at $1.43 billion, with earnings at $0.24/share.
Regions Financial Corporation (RF) Brokerage Update
Regions Financial Corporation (RF) is in Susquehanna’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Positive by Susquehanna, according to news reported on Thursday December 01, 2016.Another important research note was issued by Jefferies on Monday November 28, 2016.The firm downgraded RF to Hold from Buy. Over the last six months and over the last three months, the shares of Regions Financial Corporation (RF), have changed 60.52% and 35.88%, respectively.