Citizens Financial Group (NYSE:CFG – Free Report) had its target price raised by DA Davidson from $65.00 to $73.00 in a research report sent to investors on Thursday morning,Benzinga reports. They currently have a buy rating on the bank’s stock.
Other analysts have also issued reports about the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Citizens Financial Group in a research report on Monday, December 29th. Keefe, Bruyette & Woods upped their target price on Citizens Financial Group from $68.00 to $70.00 and gave the company an “outperform” rating in a research note on Thursday. Evercore ISI reissued an “outperform” rating and set a $69.00 price target on shares of Citizens Financial Group in a research note on Tuesday, January 6th. Barclays set a $77.00 price objective on Citizens Financial Group and gave the company an “overweight” rating in a report on Monday, January 5th. Finally, UBS Group increased their target price on Citizens Financial Group from $57.00 to $62.00 and gave the stock a “buy” rating in a research note on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $65.68.
Check Out Our Latest Research Report on CFG
Citizens Financial Group Stock Up 0.3%
Citizens Financial Group (NYSE:CFG – Get Free Report) last announced its earnings results on Wednesday, January 21st. The bank reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.02. The business had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.16 billion. Citizens Financial Group had a net margin of 15.19% and a return on equity of 7.89%. The business’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.85 earnings per share. On average, sell-side analysts expect that Citizens Financial Group will post 3.92 EPS for the current year.
Citizens Financial Group Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 18th. Investors of record on Wednesday, February 4th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Wednesday, February 4th. Citizens Financial Group’s payout ratio is presently 51.54%.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC raised its holdings in shares of Citizens Financial Group by 1.5% during the second quarter. Janney Montgomery Scott LLC now owns 35,352 shares of the bank’s stock worth $1,582,000 after purchasing an additional 512 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in Citizens Financial Group by 37.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 479,415 shares of the bank’s stock worth $25,284,000 after purchasing an additional 129,995 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Citizens Financial Group by 5.3% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 856,204 shares of the bank’s stock worth $38,315,000 after purchasing an additional 42,971 shares during the period. Nordea Investment Management AB raised its stake in shares of Citizens Financial Group by 20.7% during the 2nd quarter. Nordea Investment Management AB now owns 6,399,905 shares of the bank’s stock valued at $287,932,000 after buying an additional 1,098,684 shares during the last quarter. Finally, OLD National Bancorp IN acquired a new position in shares of Citizens Financial Group in the 3rd quarter valued at about $1,848,000. Hedge funds and other institutional investors own 94.90% of the company’s stock.
Key Stories Impacting Citizens Financial Group
Here are the key news stories impacting Citizens Financial Group this week:
- Positive Sentiment: Q4 results beat: CFG reported EPS of $1.13 (vs. ~$1.11 consensus) and revenue roughly in line at $2.16B; net income rose ~32% YoY and EPS jumped ~36% YoY — the quarter was driven by higher net interest income and fee growth. Citizens Financial Group, Inc. Reports Fourth Quarter 2025 Net Income
- Positive Sentiment: Profit and momentum headlines: coverage highlights CFG’s profit jump on fee income and notes the stock recently hit an all‑time high as investors price in improving core performance. MSN Profit Jumps / Shares Hit All‑Time High
- Positive Sentiment: Analyst upgrades lift sentiment: Bank of America raised its target to $78 (buy), DA Davidson to $73 (buy) and Keefe, Bruyette & Woods to $70 (outperform) — each implies mid- to high‑teens upside vs. the current price level and signal stronger consensus expectations. Benzinga
- Positive Sentiment: Strategic outlook: a deep‑dive piece cites expansion of the private bank and targeted tech initiatives as drivers of medium‑term growth and efficiency gains, supporting the bullish case. CFG Q4 Deep Dive: Private Bank Expansion and Strategic Tech Initiatives
- Positive Sentiment: Dividend and shareholder return: CFG declared a quarterly dividend of $0.46/share (ex‑div Feb 4; pay Feb 18), implying an annualized yield near 2.8% — supportive for income‑oriented investors.
- Neutral Sentiment: Market write‑ups and transcripts: multiple earnings call transcripts and analyst note roundups (Seeking Alpha, InsiderMonkey, Zacks) are available — useful for digging into management’s commentary on margins, capital and loan activity but contain no obvious surprises beyond the headline beat. Seeking Alpha: Patience Continuing To Pay Off
- Neutral Sentiment: Upcoming investor events: CFG will present at the UBS Financial Services Conference (Feb 10), which could provide additional color on commercial banking trends and capital deployment but is routine. Business Wire: UBS Conference
Citizens Financial Group Company Profile
Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.
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