DA Davidson Has Optimistic Outlook of RF FY2025 Earnings

Regions Financial Co. (NYSE:RF - Free Report) - Research analysts at DA Davidson upped their FY2025 earnings per share estimates for Regions Financial in a research report issued to clients and investors on Monday, January 20th. DA Davidson analyst P. Winter now anticipates that the bank will post earnings per share of $2.52 for the year, up from their previous forecast of $2.28. DA Davidson currently has a "Buy" rating and a $29.00 target price on the stock. The consensus estimate for Regions Financial's current full-year earnings is $2.27 per share.

Several other analysts have also recently commented on the stock. Stephens upgraded shares of Regions Financial from an "equal weight" rating to an "overweight" rating and set a $26.00 price target on the stock in a research note on Tuesday, October 29th. Morgan Stanley reiterated an "equal weight" rating and issued a $32.00 target price (up from $28.00) on shares of Regions Financial in a research report on Monday, December 9th. Citigroup lifted their price objective on Regions Financial from $26.00 to $30.00 and gave the stock a "buy" rating in a research note on Thursday, November 21st. Argus upgraded Regions Financial from a "hold" rating to a "buy" rating and set a $26.00 target price for the company in a research report on Thursday, October 24th. Finally, Keefe, Bruyette & Woods upgraded shares of Regions Financial from a "market perform" rating to an "outperform" rating and boosted their price target for the stock from $27.00 to $28.00 in a research report on Thursday, October 31st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $27.67.

Regions Financial Price Performance

Shares of RF stock traded down $0.16 during mid-day trading on Wednesday, hitting $24.50. The company had a trading volume of 4,512,983 shares, compared to its average volume of 9,062,705. 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's 50 day moving average price is $25.07 and its 200-day moving average price is $23.44. Regions Financial has a 52-week low of $17.42 and a 52-week high of $27.96. The company has a market capitalization of $22.26 billion, a P/E ratio of 12.61, a P/E/G ratio of 2.31 and a beta of 1.21.

Regions Financial (NYSE:RF - Get Free Report) last released its earnings results 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. Regions Financial had a return on equity of 12.83% and a net margin of 20.20%. The firm had revenue of $1.82 billion during the quarter, compared to analysts' expectations of $1,857,300 billion. During the same quarter last year, the business posted $0.39 earnings per share. The firm's revenue was up .2% on a year-over-year basis.

Institutional Trading of Regions Financial

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. American National Bank & Trust raised its holdings in shares of Regions Financial by 1,856.7% in the 3rd quarter. American National Bank & Trust now owns 1,174 shares of the bank's stock valued at $27,000 after purchasing an additional 1,114 shares in the last quarter. Quarry LP raised its stake in Regions Financial by 157.2% in the second quarter. Quarry LP now owns 1,335 shares of the bank's stock worth $27,000 after buying an additional 816 shares in the last quarter. Truvestments Capital LLC purchased a new stake in Regions Financial during the third quarter worth $37,000. Legacy Investment Solutions LLC bought a new stake in Regions Financial during the 3rd quarter valued at $37,000. Finally, Bruce G. Allen Investments LLC increased its holdings in shares of Regions Financial by 163.1% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 2,392 shares of the bank's stock valued at $56,000 after acquiring an additional 1,483 shares during the period. Hedge funds and other institutional investors own 79.39% of the company's stock.

Regions Financial Company Profile

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.