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

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citizens Financial Group in the last twelve months. There are currently 9 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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.

16 brokers have issued 1-year price objectives for Citizens Financial Group's shares. Their CFG share price targets range from $35.00 to $43.00. On average, they anticipate the company's share price to reach $37.73 in the next twelve months. This suggests a possible upside of 4.6% 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 2024. Since then, CFG stock has increased by 8.8% and is now trading at $36.06.
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Citizens Financial Group saw a decline in short interest in April. As of April 30th, there was short interest totaling 13,810,000 shares, a decline of 8.5% from the April 15th total of 15,090,000 shares. Based on an average trading volume of 5,420,000 shares, the short-interest ratio is currently 2.5 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) issued its quarterly earnings data on Wednesday, April, 17th. The bank reported $0.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.75 by $0.10. The bank earned $1.96 billion during the quarter, compared to the consensus estimate 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 company's revenue was down 7.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.00 earnings per share.
Read the conference call transcript.

Citizens Financial Group announced a quarterly dividend on Wednesday, April 17th. Stockholders of record on Wednesday, May 1st will be paid a dividend of $0.42 per share on Wednesday, May 15th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.66%. The ex-dividend date of this dividend 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 4.66%. 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 42.42% 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 First Trust Nasdaq Bank ETF (FTXO), iShares U.S. Regional Banks ETF (IAT), Invesco KBW Bank ETF (KBWB), WBI Power Factor High Dividend ETF (WBIY), 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 announced that its board has initiated a stock repurchase program on Friday, February 17th 2023, which permits the company to buyback $1,150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 5.6% of its stock through open market purchases. Stock buyback programs 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 shareholders include Vanguard Group Inc. (11.67%), LSV Asset Management (1.41%), Nordea Investment Management AB (0.79%), Sumitomo Mitsui Trust Holdings Inc. (0.26%), Russell Investments Group Ltd. (0.25%) and Scout Investments Inc. (0.15%). 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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