Thanks to a 0 sell/buy ratio, Regions Financial Corporation (NYSE:RF) insider buying over the last three months picked up more than selling did. When insiders buy more shares of their company stock, it’s generally for one reason only: With inside knowledge of their company’s prospects, they expect the stock price to rise soon. RF recorded 0 sales on the open market in the last three months. They sold nearly zero shares while purchases amounted to 19,162 shares that period. Looking even further back to 12 months, corporate insiders offloaded 2,068,465 shares when buyers snapped up 157,786 shares. The 12-month’s totals signify about a 13.11-to-1 sell/buy ratio.
Herron C. Keith parted with a total of 23.19 thousand shares of Regions Financial Corporation (RF) at average share price of $18.76. This insider trade in the company took place on 07/31/2018. The total for the sales was set at $434.97 thousand. After this transaction, the SEVP account balance stood at 236.3 thousand shares. The stock lost -21.22 percent since that insider sale. On 07/27/2018, Matlock Susan W, Director, sold 24 thousand shares at a price per share of $18.5. This removed 444 thousand shares from the insider’s fortune and the stock saw a -20.11 percent retreat in value since the news became public. This transaction left 130.86 thousand shares in the Director account.
On 06/08/2018, SEVP Horton William E performed a sale transaction worth $348.29 thousand. This sale at $19.08 each has eliminated 18.25 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -22.54 percent decrease since the transaction was reported. The insider now is left with 55.88 thousand shares remaining in the account. Godin Barbara, who performs the SEVP job, sold 20 thousand shares for $383 thousand. The disposal occurred on 05/23/2018 was priced at $19.15 per share. The share price plunged -22.82 percent since the reporting date. Godin Barbara now left with a stake of 62.89 thousand RF stock worth $929.48 thousand after the insider selling.
The 12-month median price target for Regions Financial Corporation (RF) assigned by the analysts stands at $17, which represents a return potential of 15.02 percent when compared to the closing price of the stock of $14.78 on Friday, January 11. The lowest price target for the stock is $14 — slightly more than -5.28 percent from RF’s current share price. The stock will probably climb 16.58 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $22-month high price target. This represents a whopping 48.85 percent increase from where shares are trading today.
On momentum oscillators front, ‘RSI’ has touched 56.57 on daily chart, which may remain a cause for concern. If the price breaks below $14.35 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $14.95 mark may result into a pull-back move towards $15.11 level. The stock is currently hovering around the first support level of $14.57. Below this, the next support is placed in the zone of $14.35. Till the time, the RF stock trades above this level, bulls have nothing to fear.
Shares of Regions Financial Corporation (RF) are trading at a P/E ratio of 16.13 times earnings reported for the past 12 months. The industry RF operates in has an average P/E of 19.01. Its P/E ratio went as low as 9.42X and as high as 16.55 over the 5-year span. Further, it is sporting a 3.57 on the Price-to-Sales ratio. Compare this with the industry average P/S of 5.73. 0 percent is the gross profit margin for Regions Financial Corporation and operating margin sits at 85.8 percent. Along with this, the net profit margin is 38.2 percent.
On 11th of January, Regions Financial Corporation (NYSE:RF) shares ended higher after a volatile session. The shares accumulated 0.07 points or 0.48 percent at $14.78 with a light trade volume of 8.795 million shares. After opening the session at $14.64, the shares went as high as $14.9 and as low as $14.5201, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $15.2 billion and now has 1.03 billion shares outstanding. Regions Financial Corporation (RF) stock has gained 4.38 percent of market value in 21 trading days.
RF stock has a trailing 3-year beta of 1.5, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $1.3 a share in the trailing twelve months. The stock’s value has surged 10.46 percent year to date (YTD) against a decline of -18.25 percent in 12 month’s time. The company’s shares still trade -26.87 percent away from its 1-year high of $20.21 and 19.29 percent up from 52-week low of $12.39. The average consensus rating on the company is 2.5, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.