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Average Brokerage Recommendation for Regions Financial Corporation (RF)

21 April 2017

AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. About shares traded. First American Financial Corp (NYSE:FAF) has declined 10.43% since September 8, 2016 and is downtrending.

The bank, based in Lancaster, Pennsylvania, said it had earnings of 25 cents per share.

RF has been the topic of a number of analyst reports. Jefferies also Downgrade the company to Hold on 28-Nov-16, 2016. Barclays Capital downgraded Fulton Financial Corp (NASDAQ:FULT) on Tuesday, December 6 to "Underweight" rating. Goldman Sachs Group Inc dropped their price target on shares of Regions Financial Corp to $17.00 and set a "buy" rating for the company in a research report on Thursday, March 30th.

Fulton Financial Corp (NASDAQ:FULT) opened at 17.35 on Wednesday.

Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Hanmi Financial Corporation (NASDAQ:HAFC). Four analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. They now have a United States dollars 34 price target on the stock. Moreover, Pnc Financial Group Incorporated has 0% invested in Chemtura Corp (NYSE:CHMT) for 3,417 shares. The stock has a market capitalization of $16.10 billion, a P/E ratio of 15.29 and a beta of 1.37. Over the last five days, shares have faced -5.03% losses and now is up 5.3% since hitting its 200-day moving average of $12.64.

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If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, RF earned gross profit of 0, in 2015 0 gross profit, while in 2016 Regions Financial Corporation (RF) produced 0 profit.

Regions Financial Corp (NYSE:RF) issued its quarterly earnings results on Tuesday.

The target price for Regions Financial Corporation (RF) is $15.51/share according to the consensus of analysts working on the stock, with an expected EPS of $0.24/share for the current quarter. The company reported revenue of $1.41 Billion in the same period previous year. Fulton Financial Corp had a return on equity of 7.67% and a net margin of 20.37%. The high and low revenue estimates for the current quarter are $1.45 Billion and $1.39 Billion, respectively. Regions Financial Corp's dividend payout ratio is presently 29.89%. On average, equities research analysts anticipate that Fulton Financial Corp will post $1.01 EPS for the current year. Stockholders of record on Monday, April 3rd were paid a dividend of $0.11 per share.

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. The legal version of this article can be read at https://www.thecerbatgem.com/2017/04/19/q1-2017-eps-estimates-for-hanmi-financial-corp-decreased-by-fig-partners-hafc-updated-updated.html. The most recent short interest data show 2.36% of the company's stock are short sold.

On 3/5/2015 Chulse Park, Director, sold 299,068 with an average share price of $20.14 per share and the total transaction amounting to $6,023,229.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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In other news, insider Curtis J. Myers sold 9,285 shares of the stock in a transaction that occurred on Wednesday, January 25th. The stock was sold at an average price of $18.75, for a total value of $174,093.75. Comerica Bank now owns 86,613 shares of the bank's stock valued at $3,001,000 after buying an additional 694 shares during the period.

There are 3 hold ratings, 1 buy rating, 1 strong buy rating on the stock.

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

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Average Brokerage Recommendation for Regions Financial Corporation (RF)