Regions Financial stock is trading -30.83% below its average target price of $20.74 after dropping -13.0% during today's afternoon session. Analysts are giving the large-cap Banking company an average rating of buy and target prices ranging from $17.0 to $26.0 per share.
The stock has an average amount of shares sold short at 3.9%, and a short ratio of 3.5. The company's insiders own 0.24% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 78.3% of Regions Financial's shares being owned by this investor type.
Institutions Invested in Regions Financial
|2023-06-30||Vanguard Group Inc||12%||111,603,208||$1,600,948,048|
|2023-06-30||Wellington Management Group, LLP||5%||49,663,622||$712,424,670|
|2023-06-30||State Street Corporation||5%||49,043,749||$703,532,592|
|2023-06-30||JP Morgan Chase & Company||2%||22,334,755||$320,392,066|
|2023-06-30||Geode Capital Management, LLC||2%||20,357,304||$292,025,531|
|2023-06-30||Charles Schwab Investment Management, Inc.||2%||19,551,492||$280,466,157|
|2023-06-30||Lsv Asset Management||2%||14,742,388||$211,479,559|
Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on Regions Financial.