Regions Financial Corp (RF) Analysts See $0.26 EPS

September 17, 2017 - By Adrian Erickson

 Regions Financial Corp (RF) Analysts See $0.26 EPS
Investors sentiment increased to 0.91 in Q4 2016. Its up 0.13, from 0.78 in 2016Q3. It increased, as 42 investors sold Regions Financial Corp shares while 219 reduced holdings. 87 funds opened positions while 151 raised stakes. 892.05 million shares or 1.88% more from 875.58 million shares in 2016Q3 were reported.
Camarda Finance Advisors Lc reported 468 shares stake. Mcf Advsr Ltd reported 12,268 shares. Switzerland-based Gam Holding Ag has invested 0.01% in Regions Financial Corp (NYSE:RF). Washington Cap Management has invested 0.7% in Regions Financial Corp (NYSE:RF). Korea Investment Corp has invested 0.05% in Regions Financial Corp (NYSE:RF). Pinebridge Invests L P has invested 0.31% in Regions Financial Corp (NYSE:RF). Marshall Wace Llp has 0.45% invested in Regions Financial Corp (NYSE:RF) for 4.72 million shares. Robeco Institutional Asset Management Bv accumulated 888,017 shares. Natixis Asset Management invested in 0.1% or 74,307 shares. Patten Grp stated it has 0.4% in Regions Financial Corp (NYSE:RF). Gsa Cap Ptnrs Limited Liability Partnership holds 0.03% of its portfolio in Regions Financial Corp (NYSE:RF) for 30,829 shares. Strs Ohio stated it has 0.04% in Regions Financial Corp (NYSE:RF). Pitcairn Communications invested 0.04% of its portfolio in Regions Financial Corp (NYSE:RF). Menta Ltd Liability Com invested in 0.14% or 120,748 shares. Numeric Invsts Limited Liability, Massachusetts-based fund reported 529,474 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 $310.68M giving it 13.22 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 increased 0.44% or $0.06 on September 15, reaching $13.75. About 13.64M shares traded or 6.15% up from the average. Regions Financial Corp (NYSE:RF) has risen 48.79% since September 17, 2016 and is uptrending. It has outperformed by 32.09% the S&P500.

Regions Financial Corp (NYSE:RF) Ratings Coverage

Among 30 analysts covering Regions Financial Corp (NYSE:RF), 7 have Buy rating, 4 Sell and 19 Hold. Therefore 23% are positive. Regions Financial Corp had 75 analyst reports since August 12, 2015 according to SRatingsIntel. Piper Jaffray initiated the stock with “Neutral” rating in Tuesday, November 24 report. The company was maintained on Thursday, September 7 by RBC Capital Markets. Wood upgraded Regions Financial Corp (NYSE:RF) on Monday, June 6 to “Market Perform” rating. As per Friday, September 1, the company rating was maintained by Robert W. Baird. Bank of America downgraded the stock to “Neutral” rating in Wednesday, June 29 report. Keefe Bruyette & Woods maintained Regions Financial Corp (NYSE:RF) on Monday, August 14 with “Hold” rating. Deutsche Bank maintained Regions Financial Corp (NYSE:RF) on Wednesday, August 12 with “Buy” rating. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, July 27 report. The rating was upgraded by Keefe Bruyette & Woods on Monday, June 6 to “Market Perform”. Susquehanna downgraded the stock to “Neutral” rating in Thursday, December 1 report.

Regions Financial Corporation is a financial holding company. The company has market cap of $16.43 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 14.58 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.

More notable recent Regions Financial Corp (NYSE:RF) news were published by: Businesswire.com which released: “Regions Bank Announces Major Expansion of Financial Education Partnership with …” on September 15, 2017, also Nasdaq.com with their article: “Ex-Dividend Reminder: Commerce Bancshares, Weingarten Realty Investors and …” published on September 05, 2017, Businesswire.com published: “Regions Bank Offers Disaster-Recovery Financial Services for Customers …” on September 12, 2017. More interesting news about Regions Financial Corp (NYSE:RF) were released by: Nasdaq.com and their article: “Regions Financial Corporation (RF) Ex-Dividend Date Scheduled for September 07 …” published on August 21, 2017 as well as Seekingalpha.com‘s news article titled: “Regions Financial: A Balanced Option In The Financial Sector” with publication date: August 29, 2017.

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