Research Analysts Issue Forecasts for CFG FY2025 Earnings

Citizens Financial Group, Inc. (NYSE:CFG) – Equities researchers at DA Davidson upped their FY2025 earnings per share estimates for Citizens Financial Group in a note issued to investors on Thursday, October 16th. DA Davidson analyst P. Winter now expects that the bank will post earnings per share of $3.86 for the year, up from their prior forecast of $3.85. DA Davidson has a “Buy” rating and a $59.00 price objective on the stock. The consensus estimate for Citizens Financial Group’s current full-year earnings is $3.92 per share. DA Davidson also issued estimates for Citizens Financial Group’s Q4 2025 earnings at $1.12 EPS.

Several other research analysts also recently commented on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Citizens Financial Group in a report on Wednesday, October 8th. Keefe, Bruyette & Woods upgraded Citizens Financial Group from a “market perform” rating to an “outperform” rating and set a $57.00 price objective on the stock in a report on Wednesday, July 9th. Barclays lifted their price objective on Citizens Financial Group from $55.00 to $56.00 and gave the stock an “equal weight” rating in a report on Thursday. Morgan Stanley upgraded Citizens Financial Group from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $53.00 to $71.00 in a report on Monday, September 29th. Finally, Wall Street Zen upgraded Citizens Financial Group from a “sell” rating to a “hold” rating in a report on Friday, July 18th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Citizens Financial Group has an average rating of “Moderate Buy” and a consensus price target of $56.57.

Citizens Financial Group Trading Up 1.8%

NYSE CFG opened at $49.26 on Friday. The company has a market capitalization of $21.25 billion, a price-to-earnings ratio of 13.80, a PEG ratio of 0.54 and a beta of 0.79. The stock’s 50-day simple moving average is $51.37 and its two-hundred day simple moving average is $45.14. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.44. Citizens Financial Group has a twelve month low of $32.60 and a twelve month high of $55.24.

Citizens Financial Group (NYSE:CFG) last released its quarterly earnings results on Wednesday, October 15th. The bank reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.02. Citizens Financial Group had a return on equity of 7.48% and a net margin of 14.17%.The business had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.10 billion. During the same quarter last year, the business posted $0.79 earnings per share. The company’s revenue for the quarter was up 11.4% on a year-over-year basis.

Institutional Trading of Citizens Financial Group

Large investors have recently bought and sold shares of the company. Trust Co. of Vermont boosted its position in Citizens Financial Group by 177.5% during the 2nd quarter. Trust Co. of Vermont now owns 641 shares of the bank’s stock valued at $29,000 after acquiring an additional 410 shares in the last quarter. Investors Research Corp boosted its position in Citizens Financial Group by 344.8% during the 2nd quarter. Investors Research Corp now owns 645 shares of the bank’s stock valued at $29,000 after acquiring an additional 500 shares in the last quarter. Grove Bank & Trust boosted its position in shares of Citizens Financial Group by 97.1% in the 1st quarter. Grove Bank & Trust now owns 678 shares of the bank’s stock worth $28,000 after purchasing an additional 334 shares in the last quarter. GoalVest Advisory LLC boosted its position in shares of Citizens Financial Group by 16,900.0% in the 2nd quarter. GoalVest Advisory LLC now owns 680 shares of the bank’s stock worth $30,000 after purchasing an additional 676 shares in the last quarter. Finally, REAP Financial Group LLC boosted its position in shares of Citizens Financial Group by 72.4% in the 2nd quarter. REAP Financial Group LLC now owns 736 shares of the bank’s stock worth $33,000 after purchasing an additional 309 shares in the last quarter. 94.90% of the stock is owned by institutional investors.

Citizens Financial Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Wednesday, October 29th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Wednesday, October 29th. This is a positive change from Citizens Financial Group’s previous quarterly dividend of $0.42. Citizens Financial Group’s payout ratio is presently 51.06%.

Citizens Financial Group Company Profile

Citizens Financial Group, Inc operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, corporations, and institutions in the United States. The company operates in two segments, Consumer Banking and Commercial Banking.