Regions Financial Corporation (NYSE: RF) on August 04, 2022, started off the session at the price of $21.03, plunging -0.61% from the previous trading day. During the day, the shares moved up to $21.135 and dropped to $20.88 before settling in for the closing price of $21.15. Within the past 52 weeks, RF’s price has moved between $18.01 and $25.57.
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Annual sales at Financial sector company grew by 1.40% over the past five years. The company achieved an average annual earnings per share of 141.90%. With a float of $929.28 million, this company’s outstanding shares have now reached $938.00 million.
Let’s look at the performance matrix of the company that is accounted for 19723 employees.
Regions Financial Corporation (RF) Insider Updates
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Regions Financial Corporation is 0.20%, while institutional ownership is 77.70%. The most recent insider transaction that took place on Nov 10, was worth 612,505. In this transaction SEVP of this company sold 25,000 shares at a rate of $24.50, taking the stock ownership to the 33,327 shares.
Regions Financial Corporation (RF) Performance Highlights and Predictions
As on 6/29/2022, Multinational firm has announced its last quarter scores, in which it reported $0.59 earnings per share (EPS) for the period topping the consensus outlook (set at $0.53) by $0.06. This company achieved a net margin of +38.01 while generating a return on equity of 13.84. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.6 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 141.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.64% during the next five years compared to 23.60% growth over the previous five years of trading.
Regions Financial Corporation (NYSE: RF) Trading Performance Indicators
Regions Financial Corporation (RF) is currently performing well based on its current performance indicators. A price to sales ratio for the trailing twelve months stands at 4.60. Likewise, its price to free cash flow for the trailing twelve months is 8.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.23, a number that is poised to hit 0.58 in the next quarter and is forecasted to reach 2.45 in one year’s time.
Technical Analysis of Regions Financial Corporation (RF)
Regions Financial Corporation (NYSE: RF) saw its 5-day average volume 7.75 million, a negative change from its year-to-date volume of 9.33 million. As of the previous 9 days, the stock’s Stochastic %D was 70.75%. Additionally, its Average True Range was 0.58.
During the past 100 days, Regions Financial Corporation’s (RF) raw stochastic average was set at 51.02%, which indicates a significant decrease from 84.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.24% in the past 14 days, which was lower than the 33.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.12, while its 200-day Moving Average is $22.09. Nevertheless, the first resistance level for the watch stands at $21.14 in the near term. At $21.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.40. If the price goes on to break the first support level at $20.89, it is likely to go to the next support level at $20.76. Assuming the price breaks the second support level, the third support level stands at $20.63.
Regions Financial Corporation (NYSE: RF) Key Stats
Market capitalization of the company is 19.62 billion based on 934,500K outstanding shares. Right now, sales total 6,605 M and income totals 2,521 M. The company made 1,795 M in profit during its latest quarter, and 583,000 K in sales during its previous quarter.