Pre-Market Technical Recap on Banking Stocks -- Bank of the Ozarks, BB&T, First Horizon National, and Regions Financial
NEW YORK, October 4, 2017 /PRNewswire/ --
If you want a Stock Review on OZRK, BBT, FHN, or RF then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. DailyStockTracker.com is currently scanning the performance of Bank of the Ozarks (NASDAQ: OZRK), BB&T Corp. (NYSE: BBT), First Horizon National Corp. (NYSE: FHN), and Regions Financial Corp. (NYSE: RF). These equities belong to the Regional Southeast Banks industry, which comprises small- to mid-sized companies that are located in Southeastern United States. On average, these banks tend to pay dividends that are in line with the wider market. Daily Stock Tracker provides great insights on these stocks in its free research reports at:
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Bank of the Ozarks
Little Rock, Arkansas headquartered Bank of the Ozarks' shares saw a slight decline of 0.56%, finishing Tuesday's trading session at $48.20. A total volume of 980,154 shares was traded. In the last month and the previous three months, the stock has advanced 11.96% and 0.21%, respectively. The Company's shares are trading above their 50-day moving average by 10.09%. Moreover, shares of Bank of the Ozarks, which provides various retail and commercial banking products and services, have a Relative Strength Index (RSI) of 72.70.
On October 02nd, 2017, Bank of the Ozarks announced that its Board of Directors has approved a regular quarterly cash dividend of $0.185 per common share, payable on October 20th, 2017, to shareholders of record as of October 13th, 2017. The dividend represents an increase of $0.005 per common share, or 2.78%, over the dividend paid in the previous quarter. Free research report on OZRK is available at:
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BB&T
On Tuesday, shares in Winston-Salem, North Carolina headquartered BB&T Corp. recorded a trading volume of 2.05 million shares, and ended the session 0.59% lower at $46.88. The stock has gained 1.27% in the last one month and 1.60% over the previous three months. The Company's shares are trading 1.62% above their 50-day moving average and 3.09% above their 200-day moving average. Furthermore, shares of BB&T, which operates as a financial holding company that provides various banking and trust services for small and mid-size businesses, public agencies, local governments, and individuals, have an RSI of 60.89.
On September 15th, 2017, BB&T unveiled a new brand campaign highlighting its complete focus on the client. The campaign features the tagline "All we see is you" and includes TV commercials and digital marketing efforts. The complimentary research report on BBT can be downloaded at:
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First Horizon National
Shares in Memphis, Tennessee headquartered First Horizon National Corp. closed at $19.17, slightly down 0.16% from the last trading session. The stock recorded a trading volume of 2.62 million shares. The Company's shares have gained 10.43% in the last one month and 8.61% over the previous three months. The stock is trading 9.24% and 4.06% above its 50-day and 200-day moving averages, respectively. Additionally, shares of First Horizon National, which operates as the bank holding company for First Tennessee Bank National Association that provides various financial services in the US and internationally, have an RSI of 72.92.
On September 27th, 2017, research firm Morgan Stanley resumed its 'Equal-Weight' rating on the Company's stock, with a target price of $19.50 per share.
On September 29th, 2017, First Horizon National said that it will announce its Q3 2017 financial results in a news release prior to the market opening on October 13th, 2017. A conference call will follow at 8:30 a.m. CT during which management will review earnings and performance trends. A live audio webcast, accompanied by a slide presentation, will be available under the investor relations section of the Company's website. Visit DailyStockTracker.com today and access our complete research report on FHN at:
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Regions Financial
Birmingham, Alabama headquartered Regions Financial Corp.'s stock ended 0.39% lower at $15.17 with a total trading volume of 9.49 million shares. The Company's shares have advanced 6.61% in the last one month, 2.15% over the previous three months, and 5.64% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.94% and 5.29%, respectively. Furthermore, shares of Regions Financial have an RSI of 68.19.
On September 26th, 2017, Regions Financial announced that it is scheduled to release its Q3 2017 financial results on October 24th, 2017. Executives from the Company will review the financial results via teleconference and live audio webcast beginning at 11:00 a.m. ET that same day. A news release and additional materials will be available under the Investor Relations page of the Company's website prior to the teleconference.
On October 02nd, 2017, research firm Robert W. Baird downgraded the Company's stock rating from 'Neutral' to 'Underperform', with a target price of $13 per share. Get free access to your research report on RF at:
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