Published: Fri, April 21, 2017
Economy | By Annette Adams

Average Brokerage Recommendation for Regions Financial Corporation (RF)


Keefe, Bruyette & Woods' target price would suggest a potential upside of 0.28% from the company's current price.

Separately, Zacks Investment Research downgraded shares of First American Financial Corp from a "hold" rating to a "sell" rating in a report on Friday, February 10th. According to the most recently released broker notes, 0 analysts have a rating of "strong buy" on the stock, 0 analysts "buy", 3 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". Fulton Financial Corp has a consensus rating of "Hold" and a consensus price target of $18.00.

First Commonwealth Financial Corporation has a consensus hold rating from 4 Wall Street analysts, and the number of shares now sold short amount to at least 4.7% of shares outstanding. The stock has a 50-day moving average price of $30.62 and a 200-day moving average price of $30.90.

Regions Financial Corporation (RF) has a 52-week high of $5.96 and a 52-week low of $7.68. The stock has a market cap of $578.18 million, a PE ratio of 15.89 and a beta of 0.85.

First Financial Corporation Indiana (NASDAQ:THFF) will be announcing its earnings results on Monday, February 6th.

Analysts await Icahn Enterprises LP (NASDAQ:IEP) to report earnings on May, 4. The Louisiana-based Louisiana State Employees Retirement System has invested 0.04% in Fulton Financial Corp (NASDAQ:FULT).

01/13/2015 - Hanmi Financial Corporation was upgraded to "outperform" by analysts at Zacks. During the same period in the prior year, the business earned $0.74 EPS. The company's revenue for the quarter was up 10.9% compared to the same quarter a year ago. On average, equities research analysts anticipate that First American Financial Corp will post $2.97 EPS for the current fiscal year.

On 10/27/2016 Hanmi Financial Corp announced a quarterly dividend of $0.19 3.12% with an ex dividend date of 11/4/2016 which will be payable on 11/23/2016. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.45%. Fulton Financial Corp had a return on equity of 7.67% and a net margin of 20.37%. This is a positive change from Fulton Financial Corp's previous quarterly dividend of $0.10. KeyBanc Capital Markets upgraded the stock to "Overweight" rating in Friday, January 13 report. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of worldwide trademark and copyright legislation. Inside the closing six months period the stock's performance raised 27.88% while overall yearly performance gained 48.81%.

In other news, insider Curtis J. Myers sold 9,285 shares of the stock in a transaction that occurred on Wednesday, January 25th. The stock's average target of $67.50 is 41.39% above today's ($47.74) share price. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock's prospects going forward.

Fulton Financial in Lancaster, Pa., reported higher quarterly profit that reflected strong growth in its mortgage business. Victory Capital Management Inc. now owns 8,838 shares of the bank's stock worth $128,000 after buying an additional 849 shares during the last quarter. Menta Capital LLC increased its position in shares of First Financial Corporation Indiana by 49.3% in the second quarter. Bank of Montreal Can now owns 12,971 shares of the bank's stock worth $231,000 after buying an additional 169 shares during the period. Allianz Asset Management AG boosted its stake in shares of First American Financial Corp by 23.7% in the fourth quarter. Sei Investments Co. now owns 10,813 shares of the bank's stock worth $157,000 after buying an additional 959 shares during the last quarter. 37713 shares were traded on First Financial Corporation Indiana's last session. Mutual of America Capital Management LLC now owns 104,833 shares of the bank's stock valued at $2,761,000 after buying an additional 507 shares during the period.

Let's take a brief check on where covering Street analysts see Fulton Financial Corporation (NASDAQ:FULT) moving in the near-term.

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