Citizens Financial Group (CFG) Stock Price, News & Analysis

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Citizens Financial Group in the last twelve months. There are currently 11 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CFG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CFG, but not buy additional shares or sell existing shares.
View CFG analyst ratings or view top-rated stocks.

18 equities research analysts have issued 1-year target prices for Citizens Financial Group's shares. Their CFG share price targets range from $26.00 to $44.00. On average, they predict the company's share price to reach $35.88 in the next year. This suggests a possible upside of 10.7% from the stock's current price.
View analysts price targets for CFG or view top-rated stocks among Wall Street analysts.

Citizens Financial Group's stock was trading at $33.14 at the beginning of the year. Since then, CFG stock has decreased by 2.2% and is now trading at $32.41.
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Citizens Financial Group saw a decline in short interest in March. As of March 31st, there was short interest totaling 18,070,000 shares, a decline of 9.7% from the March 15th total of 20,000,000 shares. Based on an average daily volume of 6,040,000 shares, the days-to-cover ratio is presently 3.0 days.
View Citizens Financial Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 17th 2024.
View our CFG earnings forecast.

Citizens Financial Group will be holding an earnings conference call on Wednesday, April 17th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Citizens Financial Group, Inc. (NYSE:CFG) issued its quarterly earnings results on Wednesday, January, 17th. The bank reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.60 by $0.26. The bank had revenue of $2 billion for the quarter, compared to analysts' expectations of $2 billion. Citizens Financial Group had a trailing twelve-month return on equity of 7.40% and a net margin of 13.19%. The firm's quarterly revenue was down 9.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.25 EPS.
Read the conference call transcript.

Citizens Financial Group announced a quarterly dividend on Wednesday, January 17th. Investors of record on Wednesday, January 31st will be given a dividend of $0.42 per share on Wednesday, February 14th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 5.18%. The ex-dividend date of this dividend is Tuesday, January 30th.
Read our dividend analysis for CFG.

Citizens Financial Group (NYSE:CFG) pays an annual dividend of $1.68 per share and currently has a dividend yield of 5.07%. CFG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 54.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CFG will have a dividend payout ratio of 41.79% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CFG.

ETFs with the largest weight of Citizens Financial Group (NYSE:CFG) stock in their portfolio include iShares U.S. Regional Banks ETF (IAT), First Trust Nasdaq Bank ETF (FTXO), Invesco KBW Bank ETF (KBWB), Proshares Equities For Rising Rates ETF (EQRR), SPDR S&P Regional Banking ETF (KRE), ALPS Sector Dividend Dogs ETF (SDOG), AAM S&P 500 High Dividend Value ETF (SPDV) and Invesco S&P Ultra Dividend Revenue ETF (RDIV).

Citizens Financial Group declared that its board has initiated a share buyback plan on Friday, February 17th 2023, which permits the company to repurchase $1,150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 5.6% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

893 employees have rated Citizens Financial Group Chief Executive Officer Bruce Van Saun on Glassdoor.com. Bruce Van Saun has an approval rating of 82% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Citizens Financial Group investors own include JPMorgan Chase & Co. (JPM), Bank of America (BAC), AT&T (T), Intel (INTC), AbbVie (ABBV), NVIDIA (NVDA), Johnson & Johnson (JNJ), Alibaba Group (BABA), CVS Health (CVS) and Pfizer (PFE).

Citizens Financial Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include M&R Capital Management Inc. (0.04%), Thompson Investment Management Inc. (0.03%), Czech National Bank (0.02%), IMC Chicago LLC (0.00%), Los Angeles Capital Management LLC (0.01%) and Park Avenue Securities LLC (0.01%). Insiders that own company stock include Craig Jack Read, Kevin Cummings, Shivan S Subramaniam and Terrance Lillis.
View institutional ownership trends.

Shares of CFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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