Regions Financial Stock Updates
Regions Financial stock opened at $23.82 on Monday. The company’s market cap is $21.81 billion, with a P/E ratio of 12.95 and a beta of 1.17. Its one-year low is $13.72 and high is $24.47. The 50-day moving average is $22.65, and the 200-day average is $20.89.
Dividend Announcement
Regions Financial announced a quarterly dividend of $0.25 per share, payable on January 2nd to shareholders recorded as of December 2nd. This equates to an annual dividend of $1.00 and a yield of 4.20%. The payout ratio is 54.35%.
Analyst Ratings
Analysts have mixed views on Regions Financial. Morgan Stanley raised its price target to $28.00, while others have set targets ranging from $21.00 to $28.00. Overall, the stock has a consensus rating of “Hold” with an average price target of $22.86.
About Regions Financial
Regions Financial Corporation provides banking services to individuals and businesses, including commercial banking, consumer banking, and wealth management.
Further Reading
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