Analysts Opinion about: Regions Financial Corporation (RF)

Owen Stevens
April 21, 2017

The stock of Fulton Financial Corp (NASDAQ:FULT) has "Market Perform" rating given on Thursday, October 22 by Keefe Bruyette & Woods. Compass Point downgraded Regions Financial Corp from a "buy" rating to a "neutral" rating and set a $15.00 price target on the stock.in a report on Monday, January 23rd.

Among 6 analysts covering Chemtura (NYSE:CHMT), 1 have Buy rating, 0 Sell and 5 Hold. Hovde Group initiated Fulton Financial Corp (NASDAQ:FULT) on Monday, September 12 with "Outperform" rating.

First Commonwealth Financial Corporation has a consensus hold rating from 4 Wall Street analysts, and the number of shares now sold short amount to at least 4.7% of shares outstanding. The company's 50 day moving average price is $18.06 and its 200-day moving average price is $17.62.

The analysts offering 12 month price targets for Regions Financial Corporation have a median target of $15, with a high estimate of $18 and a low estimate of $11. The firm has a market capitalization of $4.21 billion, a P/E ratio of 12.39 and a beta of 0.80.

Fulton Financial Corp (NASDAQ:FULT) last posted its quarterly earnings data on Tuesday, April 18th. Analysts taken into consideration by Thomson Reuters have a current consensus target on company shares of $18.63. Four analysts surveyed by Zacks expected $185.8 million. During the same period a year ago, the business posted $0.74 EPS. The firm's quarterly revenue was up 7.0% compared to the same quarter previous year.

First Commonwealth Financial Corporation (NYSE:FCF) last session's volume of 0.64 million shares was higher than its average volume of 0.4 million shares.

The business also recently declared a quarterly dividend, which was paid on Friday, March 31st. The stock decreased 0.47% or $0.18 on April 13, reaching $38.29.

On 3/4/2016 Hanmi Financial Corp announced a quarterly dividend of $0.14 2.53% with an ex dividend date of 3/11/2016 which will be payable on 3/30/2016. After $0.94 actual EPS reported by Landstar System, Inc. for the previous quarter, Wall Street now forecasts -21.28% negative EPS growth. Regions Financial Corporation (RF) now trades with a market capitalization of $16.86 Billion. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of global trademark and copyright legislation. Its last month's stock price volatility remained 2.73% which for the week stands at 2.71%. Also, EVP Barbara Godin sold 15,000 shares of the stock in a transaction on Wednesday, February 15th. 20,423 shares of the stock were exchanged.

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock.

Institutional investors have recently bought and sold shares of the stock. It operates in three segments: Corporate Bank, which represents its commercial banking functions, including commercial and industrial, commercial real estate and investor real estate lending; Consumer Bank, which represents its branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards and other consumer loans, as well as the corresponding deposit relationships, and Wealth Management, which offers individuals, businesses, governmental institutions and non-profit entities a range of solutions to enable transfer of wealth. Menta Capital LLC now owns 9,242 shares of the company's stock valued at $338,000 after buying an additional 3,050 shares during the last quarter. Bank of Montreal Can increased its position in shares of Fulton Financial Corp by 1.3% in the first quarter. Municipal Employees Retirement System of MI now owns 39,880 shares of the bank's stock valued at $1,051,000 after buying an additional 120 shares during the period. Capstone Asset Management Co. boosted its position in shares of Hanmi Financial Corp by 0.6% in the third quarter.

On 12/2/2016 Greg D Kim, Insider, sold 1,000 with an average share price of $31.30 per share and the total transaction amounting to $31,300.00. BlackRock Fund Advisors boosted its stake in shares of First American Financial Corp by 4.7% in the third quarter. Following the transaction, the executive vice president now owns 3,086 shares of the company's stock, valued at $48,141.60.

Regions Financial Corporation (RF) belongs to the "Financial" sector with an industry focus on "Regional - Southeast Banks", with Mr. O. B. Grayson Hall Jr.as Chairman, Chief Exec. Officer, Pres, Chairman of Regions Bank, Chief Exec. Officer of Regions Bank and Pres of Regions Bank.

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