In Friday’s Wall Street session, Regions Financial Corp (NYSE:RF) shares traded at $18.97, down -0.16% from the previous session.
RF stock price is now -14.99% away from the 50-day moving average and -17.75% away from the 200-day moving average. The market capitalization of the company currently stands at $17.18B.
With the price target enhanced from $28 to $32, Morgan Stanley Downgraded its rating from Overweight to Equal-Weight for Regions Financial Corp (NYSE: RF). On October 31, 2024, Keefe Bruyette Upgraded its previous ‘Mkt Perform’ rating to ‘Outperform’ on the stock increasing its target price from $27 to quote $28, while ‘Stephens’ rates the stock as ‘Overweight’
In other news, JOHNSON JOIA M, Director bought 2,300 shares of the company’s stock on Mar 11 ’25. The stock was bought for $48,702 at an average price of $21.18. Upon completion of the transaction, the Director now directly owns 17,486 shares in the company, valued at $0.33 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 28 ’25, Director SUQUET JOSE S bought 549 shares of the business’s stock. A total of $13,561 was incurred on buying the stock at an average price of $24.70. This leaves the insider owning 33,791 shares of the company worth $0.64 million. A total of 0.36% of the company’s stock is owned by insiders.
During the past 12 months, Regions Financial Corp has had a low of $17.72 and a high of $27.96. The fifty day moving average price for RF is $22.314 and a two-hundred day moving average price translates $23.06505 for the stock.
The latest earnings results from Regions Financial Corp (NYSE: RF) was released for 2021-09-30. The net profit margin was 18.96% and return on equity was 10.72% for RF. The company reported revenue of $1.8 billion for the quarter, compared to $1.75 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.91 percent.
