FY2025 EPS Estimate for Regions Financial Lowered by Analyst

Regions Financial Co. (NYSE:RF) – DA Davidson lowered their FY2025 EPS estimates for shares of Regions Financial in a report issued on Wednesday, April 2nd. DA Davidson analyst P. Winter now anticipates that the bank will post earnings per share of $2.23 for the year, down from their previous forecast of $2.30. The consensus estimate for Regions Financial’s current full-year earnings is $2.26 per share. DA Davidson also issued estimates for Regions Financial’s FY2025 earnings at $2.23 EPS.

RF has been the topic of a number of other research reports. Citigroup cut their price target on shares of Regions Financial from $28.00 to $25.00 and set a “buy” rating on the stock in a research note on Monday, March 24th. Wells Fargo & Company reduced their target price on Regions Financial from $28.00 to $26.00 and set an “equal weight” rating on the stock in a report on Friday, March 28th. Compass Point upped their price target on Regions Financial from $25.00 to $31.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $32.00 price objective (up from $28.00) on shares of Regions Financial in a research note on Monday, December 9th. Finally, Truist Financial dropped their target price on shares of Regions Financial from $26.00 to $24.00 and set a “hold” rating for the company in a research report on Friday, March 21st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, Regions Financial has a consensus rating of “Moderate Buy” and an average price target of $26.95.

Regions Financial Stock Down 4.9 %

RF opened at $18.64 on Friday. Regions Financial has a 12 month low of $17.72 and a 12 month high of $27.96. The business has a 50-day moving average of $22.88 and a two-hundred day moving average of $23.87. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.83. The stock has a market capitalization of $16.88 billion, a price-to-earnings ratio of 9.61, a price-to-earnings-growth ratio of 1.93 and a beta of 1.19.

Regions Financial (NYSE:RF) last posted its quarterly earnings data on Friday, January 17th. The bank reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.01. The business had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.86 billion. Regions Financial had a return on equity of 12.83% and a net margin of 20.20%. The business’s revenue was up .2% on a year-over-year basis. During the same quarter last year, the firm earned $0.39 earnings per share.

Institutional Investors Weigh In On Regions Financial

Several institutional investors and hedge funds have recently bought and sold shares of RF. 111 Capital bought a new stake in shares of Regions Financial in the 4th quarter worth approximately $204,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Regions Financial by 51.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 229,249 shares of the bank’s stock valued at $5,392,000 after acquiring an additional 77,586 shares during the period. Lansforsakringar Fondforvaltning AB publ acquired a new stake in shares of Regions Financial in the 4th quarter worth about $307,000. Siemens Fonds Invest GmbH increased its holdings in shares of Regions Financial by 345.8% in the 4th quarter. Siemens Fonds Invest GmbH now owns 44,148 shares of the bank’s stock worth $1,038,000 after acquiring an additional 34,244 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Regions Financial in the 4th quarter valued at about $16,421,000. Institutional investors and hedge funds own 79.39% of the company’s stock.

Insider Activity

In other Regions Financial news, Director Joia M. Johnson acquired 2,300 shares of the firm’s stock in a transaction on Tuesday, March 11th. The stock was purchased at an average price of $21.18 per share, with a total value of $48,714.00. Following the completion of the acquisition, the director now directly owns 17,486 shares in the company, valued at $370,353.48. This trade represents a 15.15 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last 90 days, insiders have purchased 3,868 shares of company stock worth $86,722. 0.29% of the stock is currently owned by corporate insiders.

Regions Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 3rd were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 5.36%. The ex-dividend date of this dividend was Monday, March 3rd. Regions Financial’s payout ratio is currently 51.55%.

About Regions Financial

Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending; equipment lease financing; deposit products; and securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition, and other advisory services.