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

18 Wall Street equities 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 equities 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 Wall Street research analysts have issued 12-month price targets 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 stock price to reach $36.29 in the next year. This suggests a possible upside of 6.8% 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 start of the year. Since then, CFG shares have increased by 2.6% and is now trading at $33.99.
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Citizens Financial Group saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 18,070,000 shares, a decrease of 9.7% from the March 15th total of 20,000,000 shares. Based on an average trading volume of 6,040,000 shares, the days-to-cover ratio is currently 3.0 days.
View Citizens Financial Group's Short Interest.

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

Citizens Financial Group, Inc. (NYSE:CFG) posted its quarterly earnings results on Wednesday, April, 17th. The bank reported $0.65 earnings per share for the quarter, missing analysts' consensus estimates of $0.75 by $0.10. The bank earned $1.96 billion during the quarter, compared to analyst estimates of $1.96 billion. Citizens Financial Group had a net margin of 11.52% and a trailing twelve-month return on equity of 6.62%. The business's quarterly revenue was down 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.00 earnings per share.
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Citizens Financial Group declared a quarterly dividend on Wednesday, April 17th. Stockholders of record on Wednesday, May 1st will be given a dividend of $0.42 per share on Wednesday, May 15th. This represents a $1.68 dividend on an annualized basis and a yield of 4.94%. The ex-dividend date is Tuesday, April 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 5.09%. CFG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 60.87%. 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), Direxion Daily Regional Banks Bull 3x Shares (DPST), ALPS Sector Dividend Dogs ETF (SDOG) and AAM S&P 500 High Dividend Value ETF (SPDV).

Citizens Financial Group announced that its board has authorized a stock buyback plan on Friday, February 17th 2023, which authorizes the company to buyback $1,150,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.6% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board of directors 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 number of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.26%), Allspring Global Investments Holdings LLC (0.08%), Olstein Capital Management L.P. (0.07%), M&R Capital Management Inc. (0.04%), Thompson Investment Management Inc. (0.03%) and Asio Capital LLC (0.02%). Insiders that own company stock include Craig Jack Read, Kevin Cummings, Shivan S Subramaniam and Terrance Lillis.
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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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