Regions Financial Corporation (RF) Earning Somewhat Favorable News Coverage, Study Shows

Media coverage about Regions Financial Corporation (NYSE:RF) has trended somewhat positive recently, Accern reports. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Regions Financial Corporation earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 46.7368205157063 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the media stories that may have effected Accern’s scoring:

Regions Financial Corporation (RF) traded up $0.27 during mid-day trading on Tuesday, hitting $15.44. The stock had a trading volume of 12,688,400 shares, compared to its average volume of 15,285,463. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.85 and a quick ratio of 0.84. The company has a market cap of $17,596.76, a P/E ratio of 15.80, a price-to-earnings-growth ratio of 1.37 and a beta of 1.29. Regions Financial Corporation has a 12 month low of $12.80 and a 12 month high of $16.03.

Regions Financial Corporation (NYSE:RF) last posted its quarterly earnings results on Tuesday, October 24th. The bank reported $0.25 earnings per share for the quarter, hitting the consensus estimate of $0.25. The company had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.45 billion. Regions Financial Corporation had a return on equity of 7.56% and a net margin of 20.14%. The firm’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.24 EPS. analysts predict that Regions Financial Corporation will post 0.99 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 8th will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $0.36 annualized dividend and a dividend yield of 2.33%. Regions Financial Corporation’s payout ratio is 37.50%.

A number of equities analysts have recently weighed in on RF shares. BidaskClub lowered Regions Financial Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Vining Sparks raised Regions Financial Corporation from an “outperform” rating to a “strong-buy” rating in a research report on Wednesday, July 26th. Robert W. Baird lowered Regions Financial Corporation from a “neutral” rating to an “underperform” rating and set a $13.00 target price on the stock. in a research report on Monday, October 2nd. FBR & Co reaffirmed a “hold” rating and set a $16.00 target price on shares of Regions Financial Corporation in a research report on Wednesday, October 25th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $15.50 target price on shares of Regions Financial Corporation in a research report on Friday, September 15th. Four equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $15.31.

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In other news, EVP John B. Owen sold 40,000 shares of the stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $15.67, for a total transaction of $626,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Scott M. Peters sold 25,000 shares of the stock in a transaction dated Thursday, October 26th. The stock was sold at an average price of $15.84, for a total value of $396,000.00. Following the sale, the executive vice president now directly owns 121,459 shares in the company, valued at approximately $1,923,910.56. The disclosure for this sale can be found here. 0.52% of the stock is currently owned by corporate insiders.

About Regions Financial Corporation

Regions Financial Corporation is a financial holding company. The Company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. 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.

Insider Buying and Selling by Quarter for Regions Financial Corporation (NYSE:RF)

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