DA Davidson Raises Earnings Estimates for Regions Financial

Regions Financial Co. (NYSE:RF - Free Report) - Equities researchers at DA Davidson raised their FY2025 earnings per share estimates for shares of Regions Financial in a research report issued on Monday, April 21st. DA Davidson analyst P. Winter now forecasts that the bank will post earnings of $2.28 per share for the year, up from their prior estimate of $2.23. 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 FY2026 earnings at $2.46 EPS.

RF has been the subject of several other research reports. Wells Fargo & Company dropped their price objective on shares of Regions Financial from $28.00 to $26.00 and set an "equal weight" rating for the company in a report on Friday, March 28th. Barclays reduced their price objective on Regions Financial from $26.00 to $24.00 and set an "underweight" rating on the stock in a research note on Monday, April 21st. Morgan Stanley lowered their target price on Regions Financial from $29.00 to $22.00 and set an "equal weight" rating for the company in a research report on Monday, April 7th. JPMorgan Chase & Co. reduced their price target on shares of Regions Financial from $26.00 to $23.00 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. Finally, Stephens lowered their price objective on shares of Regions Financial from $26.00 to $24.00 and set an "overweight" rating for the company in a research report on Monday, April 21st. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $25.53.

Regions Financial Price Performance

Shares of NYSE:RF traded down $0.26 during midday trading on Wednesday, reaching $20.28. 6,572,572 shares of the company were exchanged, compared to its average volume of 8,096,097. The stock has a market cap of $18.36 billion, a PE ratio of 10.45, a price-to-earnings-growth ratio of 1.93 and a beta of 1.01. The business's fifty day moving average is $21.16 and its two-hundred day moving average is $23.46. Regions Financial has a one year low of $17.72 and a one year high of $27.96. The company has a current ratio of 0.84, a quick ratio of 0.83 and a debt-to-equity ratio of 0.37.

Regions Financial (NYSE:RF - Get Free Report) last released its quarterly earnings data on Thursday, April 17th. The bank reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.51 by $0.03. The firm had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.84 billion. Regions Financial had a return on equity of 12.83% and a net margin of 20.20%. During the same quarter in the prior year, the company posted $0.37 earnings per share.

Regions Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, May 2nd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 4.93%. The ex-dividend date is Monday, June 2nd. Regions Financial's dividend payout ratio (DPR) is 48.08%.

Insider Activity

In other news, Director Joia M. Johnson purchased 2,300 shares of the stock in a transaction dated Tuesday, March 11th. The shares were acquired at an average cost of $21.18 per share, for a total transaction of $48,714.00. Following the acquisition, the director now owns 17,486 shares of the company's stock, valued at approximately $370,353.48. This represents a 15.15 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.29% of the company's stock.

Institutional Investors Weigh In On Regions Financial

Several institutional investors have recently bought and sold shares of RF. Ballentine Partners LLC grew its stake in Regions Financial by 2.5% during the 4th quarter. Ballentine Partners LLC now owns 17,458 shares of the bank's stock worth $411,000 after buying an additional 420 shares during the last quarter. Prossimo Advisors LLC grew its stake in shares of Regions Financial by 2.3% during the fourth quarter. Prossimo Advisors LLC now owns 19,270 shares of the bank's stock worth $453,000 after acquiring an additional 430 shares during the last quarter. Greenleaf Trust increased its holdings in shares of Regions Financial by 1.8% during the fourth quarter. Greenleaf Trust now owns 24,382 shares of the bank's stock valued at $573,000 after acquiring an additional 436 shares in the last quarter. Lake Street Advisors Group LLC increased its holdings in shares of Regions Financial by 2.3% during the fourth quarter. Lake Street Advisors Group LLC now owns 19,173 shares of the bank's stock valued at $456,000 after acquiring an additional 436 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC raised its position in shares of Regions Financial by 0.8% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 70,822 shares of the bank's stock valued at $1,666,000 after purchasing an additional 529 shares during the last quarter. 79.39% of the stock is currently owned by institutional investors and hedge funds.

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.