Regions Financial Corp (NYSE: RF) has reported E.P.S. of $0.37 for its first fiscal quarter (ending March 31) versus $0.63 for the same period a year ago. E.P.S. were $1.84 for the latest four quarters through March 31 versus $2.37 for the same period a year ago.
Recent Price Action
Regions Financial Corp (NYSE: RF) stock closed at $18.90 on 4/19/24 after a slight decline of -0.5%. Moreover, exceptionally high trading volume at 221% of normal accompanied the decline. The stock has declined -2.6% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
RF’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Regions Financial has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Regions Financial has a slightly positive Power Rating of 69 and a good Appreciation Score of 84, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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