A new trading day began on Monday, with Regions Financial Corp (NYSE: RF) stock price down -2.02% from the previous day of trading, before settling in for the closing price of $26.26. RF’s price has ranged from $16.86 to $27.96 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Financial sector saw sales topped by 7.68%. Meanwhile, its annual earnings per share averaged -9.80%. With a float of $906.04 million, this company’s outstanding shares have now reached $910.57 million.
The extent of productivity of a business whose workforce counts for 20101 workers is very important to gauge. In terms of profitability, gross margin is 107.82%, operating margin of -7.34%, and the pretax margin is 28.88%.
Regions Financial Corp (RF) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Regional Industry. The insider ownership of Regions Financial Corp is 0.31%, while institutional ownership is 79.69%. The most recent insider transaction that took place on May 03 ’24, was worth 458,742. In this transaction SEVP of this company sold 23,000 shares at a rate of $19.95, taking the stock ownership to the 41,671 shares. Before that another transaction happened on Apr 23 ’24, when Company’s Director bought 50,000 for $19.37, making the entire transaction worth $968,500. This insider now owns 50,000 shares in total.
Regions Financial Corp (RF) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -9.80% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.32% 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
Here are Regions Financial Corp’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.54. Likewise, its price to free cash flow for the trailing twelve months is 8.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.77, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 2.28 in one year’s time.
Technical Analysis of Regions Financial Corp (RF)
The latest stats from [Regions Financial Corp, RF] show that its last 5-days average volume of 6.05 million was inferior to 7.86 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 9.91%. Additionally, its Average True Range was 0.53.
During the past 100 days, Regions Financial Corp’s (RF) raw stochastic average was set at 72.40%, which indicates a significant increase from 2.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.91% in the past 14 days, which was lower than the 27.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.82, while its 200-day Moving Average is $21.52. Now, the first resistance to watch is $26.09. This is followed by the second major resistance level at $26.46. The third major resistance level sits at $26.66. If the price goes on to break the first support level at $25.52, it is likely to go to the next support level at $25.32. The third support level lies at $24.95 if the price breaches the second support level.
Regions Financial Corp (NYSE: RF) Key Stats
With a market capitalization of 23.39 billion, the company has a total of 908,864K Shares Outstanding. Currently, annual sales are 9,153 M while annual income is 2,074 M. The company’s previous quarter sales were 2,392 M while its latest quarter income was 490,000 K.
