DA Davidson Expects Higher Earnings for Regions Financial

Regions Financial Co. (NYSE:RF) – Equities research analysts at DA Davidson lifted their FY2025 earnings per share (EPS) estimates for Regions Financial in a report released on Monday, January 20th. DA Davidson analyst P. Winter now forecasts that the bank will earn $2.52 per share for the year, up from their prior forecast of $2.28. DA Davidson has a “Buy” rating and a $29.00 price target on the stock. The consensus estimate for Regions Financial’s current full-year earnings is $2.27 per share.

RF has been the subject of several other reports. Barclays boosted their price target on shares of Regions Financial from $25.00 to $26.00 and gave the stock an “underweight” rating in a research note on Monday, January 6th. Deutsche Bank Aktiengesellschaft raised Regions Financial from a “hold” rating to a “buy” rating and boosted their target price for the company from $24.00 to $26.00 in a research note on Thursday, October 24th. The Goldman Sachs Group raised their price target on Regions Financial from $29.00 to $33.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Stephens upgraded Regions Financial from an “equal weight” rating to an “overweight” rating and set a $26.00 price objective for the company in a research report on Tuesday, October 29th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $32.00 target price (up previously from $28.00) on shares of Regions Financial in a report on Monday, December 9th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $27.67.

Regions Financial Trading Up 1.9 %

RF stock opened at $24.65 on Wednesday. Regions Financial has a one year low of $17.42 and a one year high of $27.96. The company has a market capitalization of $22.41 billion, a PE ratio of 12.71, a price-to-earnings-growth ratio of 2.31 and a beta of 1.21. The company’s 50 day moving average price is $25.07 and its two-hundred day moving average price is $23.44. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.83 and a current ratio of 0.84.

Regions Financial (NYSE:RF) last announced its quarterly earnings data on Friday, January 17th. The bank reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. The company had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1,857,300 billion. Regions Financial had a return on equity of 12.83% and a net margin of 20.20%. Regions Financial’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period last year, the firm posted $0.39 EPS.

Hedge Funds Weigh In On Regions Financial

A number of institutional investors have recently added to or reduced their stakes in RF. Quarry LP grew its position in shares of Regions Financial by 29.5% in the 3rd quarter. Quarry LP now owns 1,729 shares of the bank’s stock worth $40,000 after buying an additional 394 shares during the period. Ballentine Partners LLC grew its holdings in Regions Financial by 2.5% in the fourth quarter. Ballentine Partners LLC now owns 17,458 shares of the bank’s stock worth $411,000 after purchasing an additional 420 shares during the period. Private Advisor Group LLC increased its stake in shares of Regions Financial by 1.8% during the third quarter. Private Advisor Group LLC now owns 24,928 shares of the bank’s stock valued at $581,000 after purchasing an additional 429 shares in the last quarter. CWM LLC lifted its holdings in shares of Regions Financial by 1.1% during the third quarter. CWM LLC now owns 42,346 shares of the bank’s stock valued at $988,000 after purchasing an additional 480 shares during the last quarter. Finally, Resonant Capital Advisors LLC boosted its position in shares of Regions Financial by 2.4% in the 3rd quarter. Resonant Capital Advisors LLC now owns 21,845 shares of the bank’s stock worth $515,000 after purchasing an additional 506 shares in the last quarter. 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.