Regions Financial Corporation (RF) Lifted to Buy at SunTrust Banks, Inc

Share

During the same period in the prior year, the firm earned $0.42 earnings per share. The Return on Equity (ROE) value stands at 6.7%. Generally speaking, earnings are expected to grow in coming quarters. The company reported the earnings of $0.23/Share in the last quarter where the estimated EPS by analysts was $0.23/share.

Regions Financial Corporation (RF) is in Susquehanna's research list so their analyst rating change is noteworthy. Sandler O'Neill downgraded Regions Financial Corporation from a buy rating to a hold rating and set a $11.50 target price on the stock.in a report on Tuesday, November 8th. This is a boost from Manulife Financial Corp's previous quarterly dividend of $0.14.

This story was originally reported by [[site]] and is the sole property of of [[site]]. If you are reading this news story on another domain, it was copied illegally and reposted in violation of USA & worldwide trademark & copyright laws.

Regal Real Fight Back to Beat Napoli 3-1
Karim Benzema struck back for Real Madrid though, heading home after a ideal cross from Dani Carvajal to make it 1-1 in the 18th. James Rodriguez has committed his future to Real Madrid after stating he wanted to stay at the Bernabeu "for many years".

The mean revenue estimate for the current fiscal period ending December 2016 is $2.46B by 15 brokerage firms.

Other research analysts also recently issued research reports about the company. Raymond James Financial Inc. upgraded shares of Regions Financial Corp. from an "outperform" rating to a "strong-buy" rating and set a $11.50 target price for the company in a report on Thursday, August 25th. They noted that the move was a valuation call. That value represents a market adjusting for revenues that have been growing by 2.57 % on a quarterly year/year basis as of the company's last quarterly report. One analyst has rated the stock with a sell rating, seventeen have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. Finally, Wedbush lifted their target price on shares of Regions Financial Corporation from $14.00 to $15.00 and gave the stock an outperform rating in a research note on Tuesday, December 6th. The stock hit 1-yearhigh at $15.57 and a low of $7.03 in the same period.

While taking a glance at financials, we can look at a number of key indicators about Regions Financial Corporation's (RF). 11,462,190 shares of the stock traded hands. The stock has a quick ratio of 1.00 and a current ratio of 1.00. Regions Financial Corp. The firm's 50 day moving average is $13.23 and its 200 day moving average is $10.46. This represents a $0.63 annualized dividend and a yield of 3.29%. Regions Financial Corp.'s payout ratio is now 30.59%.

India on verge of qualifying for ICC Women's World Cup
Put into bat, India rode fifties from captain Mithali Raj (64) and Mona Meshram (55) to score 205 in their quota of 50 overs. Pakistan were helped along to 212 with fifties from Nahida Khan (64) and Javeria Khan (63).

In other Regions Financial Corporation news, EVP Brett D. Couch sold 65,848 shares of the business's stock in a transaction dated Thursday, January 26th. The firm had put out a Hold rating. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP William E. Horton sold 12,000 shares of the business's stock in a transaction dated Monday, November 21st. Shareholders of record on Wednesday, February 22nd will be paid a dividend of 0.1574 per share on Monday, March 20th. The disclosure for this sale can be found here.

An institutional investor recently bought a new position in Manulife Financial Corp stock. Over the last week of the month, it was 2.41%, 12.91% over the last quarter, and 45.00% for the past six months. Bienville Capital Management LLC increased its stake in Regions Financial Corporation by 8.2% in the second quarter. Back on Nov 16, 2016, a downgrade report came from equity analysts at Piper Jaffray who in their research findings assigned Neutral rating on the stock. Finally, Advisor Partners LLC acquired a new stake in Regions Financial Corporation during the third quarter valued at approximately $114,000.

"Regions Financial Corporation (RF) Lifted to "Buy" at SunTrust Banks, Inc." was first published by BBNS and is owned by of BBNS. Virtus Investment Advisers Inc. acquired a new stake in Regions Financial Corporation during the third quarter valued at approximately $102,000.

GOP bill would allow states to defund Planned Parenthood
Louise Slaughter (N.Y.) said, adding, "It's high time we recognize that women can make decisions for themselves". Congress has investigated Planned Parenthood's involvement in harvesting and selling fetal tissue.

Share