$0.26 EPS Expected for Regions Financial Corp (RF)

October 16, 2017 - By Ellis Scott

 $0.26 EPS Expected for Regions Financial Corp (RF)
Investors sentiment increased to 1.12 in 2017 Q2. Its up 0.23, from 0.89 in 2017Q1. It is positive, as 43 investors sold Regions Financial Corp shares while 186 reduced holdings. 73 funds opened positions while 184 raised stakes. 889.52 million shares or 1.25% more from 878.53 million shares in 2017Q1 were reported.
Winfield Assoc stated it has 882 shares. Great West Life Assurance Can holds 0.07% of its portfolio in Regions Financial Corp (NYSE:RF) for 1.74M shares. Lombard Odier Asset (Switzerland) invested in 67,512 shares. Diversified Trust owns 0.05% invested in Regions Financial Corp (NYSE:RF) for 42,356 shares. Warren Averett Asset Mngmt Ltd Liability has invested 0.1% in Regions Financial Corp (NYSE:RF). Reliance Co Of Delaware accumulated 29,286 shares. Gsa Cap Prtnrs Ltd Liability Partnership stated it has 65,201 shares or 0.06% of all its holdings. 32.50M were accumulated by Boston Prtnrs. Moreover, Jacobs Levy Equity Mgmt has 0.08% invested in Regions Financial Corp (NYSE:RF). Stifel Fincl Corp invested in 1.85M shares or 0.1% of the stock. First Quadrant Limited Partnership Ca owns 60,900 shares or 0.02% of their US portfolio. Illinois-based Alyeska Investment Ltd Partnership has invested 0.01% in Regions Financial Corp (NYSE:RF). 712,239 were reported by Forest Hill Ltd. Cap Fund Mgmt owns 70,586 shares for 0.01% of their portfolio. Fca Tx has 0.12% invested in Regions Financial Corp (NYSE:RF) for 18,000 shares.

Analysts expect Regions Financial Corp (NYSE:RF) to report $0.26 EPS on October, 17.They anticipate $0.02 EPS change or 8.33 % from last quarter’s $0.24 EPS. RF’s profit would be $310.67M giving it 14.26 P/E if the $0.26 EPS is correct. After having $0.25 EPS previously, Regions Financial Corp’s analysts see 4.00 % EPS growth. The stock decreased 0.54% or $0.08 on October 13, reaching $14.83. About shares traded. Regions Financial Corp (NYSE:RF) has risen 48.79% since October 16, 2016 and is uptrending. It has outperformed by 32.09% the S&P500.

Regions Financial Corp (NYSE:RF) Ratings Coverage

Among 31 analysts covering Regions Financial Corp (NYSE:RF), 6 have Buy rating, 5 Sell and 20 Hold. Therefore 19% are positive. Regions Financial Corp has $18 highest and $9 lowest target. $13.02’s average target is -12.20% below currents $14.83 stock price. Regions Financial Corp had 81 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, November 9 by Deutsche Bank. As per Sunday, September 17, the company rating was maintained by Piper Jaffray. The firm has “Outperform” rating by FBR Capital given on Wednesday, December 7. The rating was upgraded by Keefe Bruyette & Woods to “Market Perform” on Monday, June 6. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, June 22. As per Tuesday, January 19, the company rating was maintained by Compass Point. The stock has “Underperform” rating by Bruyette & Woods;KBW; KBW” on Tuesday, August 25. Wells Fargo maintained the stock with “Market Perform” rating in Thursday, August 10 report. The rating was upgraded by FBR Capital on Monday, November 14 to “Outperform”. The company was initiated on Tuesday, November 24 by Piper Jaffray.

Regions Financial Corporation is a financial holding company. The company has market cap of $17.72 billion. The Firm conducts its banking activities through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. It has a 15.73 P/E ratio. It operates in three divisions: 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 services and products 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.

Another recent and important Regions Financial Corp (NYSE:RF) news was published by Businesswire.com which published an article titled: “Regions Financial Corporation Directors Carolyn H. Byrd and John E. Maupin Jr …” on September 18, 2017.

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