News headlines about Regions Financial (NYSE:RF) have trended somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Regions Financial earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 46.4056239751199 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Monthly Up Look: Regions Financial Corporation (RF) stock moves 8.99% (nasdaqplace.com)
- Report: Developing Opportunities within Select Medical, Extreme Networks, Matador Resources, Owens-Illinois … (nasdaq.com)
- Watch List Stock Performance: NXP Semiconductors NV, (NASDAQ: NXPI), Regions Financial Corporation, (NYSE: RF) (nysetradingnews.com)
- Flickering Stocks: Regions Financial Corporation, (NYSE: RF), Hostess Brands, Inc., (NASDAQ: TWNK) (globalexportlines.com)
- The Strange David and Goliath Saga of Radio Frequencies (wired.com)
Several research analysts recently weighed in on RF shares. B. Riley lifted their price target on Regions Financial from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Tuesday, April 24th. Keefe, Bruyette & Woods reiterated a “neutral” rating on shares of Regions Financial in a research report on Sunday, April 22nd. ValuEngine upgraded Regions Financial from a “hold” rating to a “buy” rating in a research report on Monday, April 23rd. Royal Bank of Canada upgraded Regions Financial from a “sector perform” rating to an “outperform” rating and set a $11.00 price target for the company in a research report on Monday, June 18th. Finally, Robert W. Baird upgraded Regions Financial from an “underperform” rating to a “neutral” rating in a research report on Thursday, June 28th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Regions Financial currently has a consensus rating of “Hold” and a consensus target price of $17.43.
Regions Financial (NYSE:RF) last posted its quarterly earnings data on Friday, July 20th. The bank reported $0.34 EPS for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.01. The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.45 billion. Regions Financial had a return on equity of 9.46% and a net margin of 22.77%. The business’s revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.25 earnings per share. equities analysts predict that Regions Financial will post 1.42 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 1st. Stockholders of record on Friday, September 7th will be given a $0.14 dividend. The ex-dividend date is Thursday, September 6th. This is a boost from Regions Financial’s previous quarterly dividend of $0.09. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.93%. Regions Financial’s payout ratio is 36.00%.
In other news, Director Susan W. Matlock sold 24,000 shares of the business’s stock in a transaction that occurred on Friday, July 27th. The stock was sold at an average price of $18.50, for a total value of $444,000.00. Following the completion of the sale, the director now directly owns 14,914 shares in the company, valued at $275,909. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP C. Keith Herron sold 23,186 shares of the business’s stock in a transaction that occurred on Tuesday, July 31st. The shares were sold at an average price of $18.76, for a total value of $434,969.36. Following the completion of the sale, the executive vice president now owns 204,537 shares of the company’s stock, valued at $3,837,114.12. The disclosure for this sale can be found here. Insiders sold 85,440 shares of company stock valued at $1,610,256 over the last 90 days. Company insiders own 0.84% of the company’s stock.
About Regions Financial
Regions Financial Corp. operates as a bank holding company. It provides traditional commercial, retail and mortgage banking services, as well as other financial services in the fields of investment banking, asset management, trust, mutual funds, securities brokerage, insurance and other specialty financing.
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