The trading price of Regions Financial Corp. (NYSE:RF) closed lower on Friday, April 19, closing at $18.90, -0.53% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 10.21, while its 5Y monthly beta was 1.21. In examining the 52-week price action we see that the stock hit a 52-week high of $21.08 and a 52-week low of $13.72. Over the past month, the stock has lost -4.40% in value.
Regions Financial Corp., whose market valuation is $17.37 billion at the time of this writing, is expected to release its quarterly earnings report Apr 19, 2024. The dividend yield on the company stock is 4.87%, while its Forward Dividend ratio is 0.92. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Regions Financial Corp. No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest RF has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that RF’s price is currently -5.08% off the SMA20 and -1.67% off the SMA50. The RSI metric on the 14-day chart is currently showing 40.62, and weekly volatility stands at 2.40%. When measured over the past 30 days, the indicator reaches 2.27%. Regions Financial Corp. (NYSE:RF)’s beta value is currently sitting at 1.23, while the Average True Range indicator is currently displaying 0.50.
To see how Regions Financial Corp. stock has been performing in comparison to its peers in the industry, here are the numbers: RF stock’s performance was -0.53% in the latest trading, and -1.66% in the past year. Regions Financial Corp. has a P/E ratio of 10.21.
An evaluation of the daily trading volume of Regions Financial Corp. (NYSE:RF) indicates that the 3-month average is 8.48 million.
Currently, records show that 922.34 million of the company’s shares remain outstanding. The insiders hold 0.29% of outstanding shares, whereas institutions hold 81.27%. However, since the stock’s price has seen -2.48% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
