Regions Financial Stock Update
Regions Financial’s stock opened at $23.82 on Monday. The company has a market cap of $21.81 billion and a P/E ratio of 12.95. It has a debt-to-equity ratio of 0.33. The stock’s one-year low is $13.72, and its high is $24.47.
Dividend Announcement
Regions Financial will pay a quarterly dividend of $0.25 per share on January 2nd, for shareholders recorded by December 2nd. This translates to an annual dividend of $1.00 and a yield of 4.20%. The payout ratio is 54.35%.
Analyst Ratings
Recent reports from analysts include:
- Morgan Stanley raised its price target from $25.00 to $28.00 with an “overweight” rating.
- Evercore ISI increased their target from $24.50 to $26.00 with an “in-line” rating.
- Keefe, Bruyette & Woods lowered their target from $22.00 to $21.00, rating it “market perform.”
- Goldman Sachs lifted their target from $25.00 to $28.00 with a “buy” rating.
- Jefferies upped their target from $22.00 to $24.00, also giving a “buy” rating.
Overall, two analysts rate it as a sell, eleven as hold, and six as buy. The consensus rating is “Hold” with an average price target of $22.86.
About Regions Financial
Regions Financial Corporation offers banking and related services across three segments: Corporate Bank, Consumer Bank, and Wealth Management.
Further Reading
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