On Monday, Regions Financial Corp. (NYSE: RF) opened higher 0.16% from the last session, before settling in for the closing price of $19.19. Price fluctuations for RF have ranged from $13.72 to $21.08 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 7.12% annually for the last half of the decade. Company’s average yearly earnings per share was noted -12.23% at the time writing. With a float of $916.16 million, this company’s outstanding shares have now reached $922.34 million.
In an organization with 20101 employees, it is important to assess its efficiency.
Regions Financial Corp. (RF) Insider Updates
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Regions Financial Corp. is 0.29%, while institutional ownership is 81.10%. The most recent insider transaction that took place on Dec 08 ’23, was worth 499,839. In this transaction SEVP & CRO of this company sold 28,617 shares at a rate of $17.47, taking the stock ownership to the 103,307 shares. Before that another transaction happened on Aug 07 ’23, when Company’s SEVP sold 10,000 for $20.93, making the entire transaction worth $209,300. This insider now owns 281,151 shares in total.
Regions Financial Corp. (RF) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 19.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.88% during the next five years compared to 6.49% growth over the previous five years of trading.
Regions Financial Corp. (NYSE: RF) Trading Performance Indicators
Check out the current performance indicators for Regions Financial Corp. (RF). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.94. Likewise, its price to free cash flow for the trailing twelve months is 7.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.11, a number that is poised to hit 0.45 in the next quarter and is forecasted to reach 2.23 in one year’s time.
Technical Analysis of Regions Financial Corp. (RF)
Let’s dig in a bit further. During the last 5-days, its volume was 6.66 million. That was inferior than the volume of 8.61 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 13.94%. Additionally, its Average True Range was 0.51.
During the past 100 days, Regions Financial Corp.’s (RF) raw stochastic average was set at 64.84%, which indicates a significant increase from 13.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.65% in the past 14 days, which was higher than the 30.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.17, while its 200-day Moving Average is $18.24. However, in the short run, Regions Financial Corp.’s stock first resistance to watch stands at $19.55. Second resistance stands at $19.88. The third major resistance level sits at $20.11. If the price goes on to break the first support level at $18.99, it is likely to go to the next support level at $18.76. Assuming the price breaks the second support level, the third support level stands at $18.43.
Regions Financial Corp. (NYSE: RF) Key Stats
There are currently 918,864K shares outstanding in the company with a market cap of 17.66 billion. Presently, the company’s annual sales total 9,153 M according to its annual income of 2,074 M. Last quarter, the company’s sales amounted to 2,331 M and its income totaled 391,000 K.
