Regions Financial Corporation (RF)
NYSE: RF · Real-Time Price · USD
22.90
+0.36 (1.60%)
Sep 26, 2024, 4:00 PM EDT - Market closed
Regions Financial Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Regions Financial stock have an average target of 22.18, with a low estimate of 16.5 and a high estimate of 28. The average target predicts a decrease of -3.14% from the current stock price of 22.90.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RF stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Buy | 4 | 4 | 4 | 3 | 3 | 4 |
| Hold | 10 | 10 | 10 | 10 | 10 | 10 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 19 | 17 | 17 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Hold → Buy Upgrades $23 → $28 | Hold → Buy | Upgrades | $23 → $28 | +22.27% | Sep 24, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $23 → $25 | Hold | Maintains | $23 → $25 | +9.17% | Sep 20, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $25 → $26 | Strong Buy | Maintains | $25 → $26 | +13.54% | Sep 19, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $25 → $28 | Buy | Maintains | $25 → $28 | +22.27% | Jul 30, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $23 → $25 | Strong Buy | Maintains | $23 → $25 | +9.17% | Jul 23, 2024 |
Financial Forecast
Revenue This Year
7.35B
Revenue Next Year
7.65B
from 7.35B
Increased by 4.03%
EPS This Year
2.01
from 2.11
Decreased by -4.67%
EPS Next Year
2.28
from 2.01
Increased by 13.40%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.6B | 8.1B | 8.5B |
| Avg | 7.4B | 7.6B | 8.1B |
| Low | 6.9B | 7.2B | 7.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 9.6% | 11.3% |
| Avg | - | 4.0% | 5.3% |
| Low | - | -2.3% | -1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.11 | 2.45 | 2.79 | ||
| Avg | 2.01 | 2.28 | 2.57 | ||
| Low | 1.84 | 2.01 | 2.35 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.0% | 21.6% | 22.4% | ||
| Avg | -4.7% | 13.4% | 12.8% | ||
| Low | -12.7% | -0.3% | 3.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.