Citizens Financial Group, Inc. (NYSE:CFG – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the twenty ratings firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and nineteen have given a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $70.3810.
Several brokerages have issued reports on CFG. DA Davidson increased their target price on shares of Citizens Financial Group from $65.00 to $73.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Bank of America upped their price target on shares of Citizens Financial Group from $70.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Argus increased their price objective on shares of Citizens Financial Group from $60.00 to $72.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Citigroup lifted their price objective on shares of Citizens Financial Group from $65.00 to $71.00 and gave the company a “buy” rating in a report on Monday, January 26th. Finally, Evercore boosted their price objective on shares of Citizens Financial Group from $69.00 to $77.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th.
Read Our Latest Research Report on Citizens Financial Group
Insider Buying and Selling at Citizens Financial Group
Institutional Trading of Citizens Financial Group
A number of institutional investors have recently modified their holdings of the company. Norges Bank bought a new position in shares of Citizens Financial Group during the 4th quarter worth approximately $355,909,000. Ninety One UK Ltd acquired a new stake in Citizens Financial Group in the third quarter valued at approximately $308,946,000. AQR Capital Management LLC boosted its stake in Citizens Financial Group by 56.9% in the fourth quarter. AQR Capital Management LLC now owns 7,722,559 shares of the bank’s stock valued at $451,075,000 after acquiring an additional 2,799,050 shares in the last quarter. Victory Capital Management Inc. grew its holdings in Citizens Financial Group by 89.4% in the fourth quarter. Victory Capital Management Inc. now owns 4,731,592 shares of the bank’s stock worth $276,372,000 after purchasing an additional 2,232,806 shares during the last quarter. Finally, Amundi grew its holdings in Citizens Financial Group by 136.4% in the fourth quarter. Amundi now owns 3,513,388 shares of the bank’s stock worth $205,217,000 after purchasing an additional 2,027,255 shares during the last quarter. 94.90% of the stock is currently owned by institutional investors.
More Citizens Financial Group News
Here are the key news stories impacting Citizens Financial Group this week:
- Positive Sentiment: Q1 beat — Citizens delivered net income of $517M (up 39% YoY), EPS of $1.13 (up 47% YoY) and revenue of $2.17B (up 12% YoY), topping consensus on both EPS and revenue. Article Title
- Positive Sentiment: Dividend declared — CFG announced a quarterly dividend of $0.46/share (annualized yield ~2.9%); record/ex‑div date April 30, payable May 14. This supports income-oriented investors and signals capital return capacity.
- Neutral Sentiment: Readouts available — Management’s earnings call transcript and investor slide deck are posted (useful for details on NII, fee growth and expense drivers). Earnings Call Transcript
- Neutral Sentiment: Valuation & technicals — The shares trade with a mid‑teens P/E and a PEG well below 1; volume is elevated versus average, indicating strong investor attention but not directional conviction yet.
- Negative Sentiment: Market reaction & expense pressure — Despite the beat, shares slipped as investors focused on rising operating expenses that weighed on near‑term profitability; pre‑market coverage flagged the stock down after results. Article Title
Citizens Financial Group Price Performance
Shares of CFG stock opened at $64.31 on Tuesday. Citizens Financial Group has a twelve month low of $33.95 and a twelve month high of $68.79. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.46. The stock has a fifty day simple moving average of $61.47 and a two-hundred day simple moving average of $57.98. The stock has a market capitalization of $27.33 billion, a price-to-earnings ratio of 16.62, a P/E/G ratio of 0.53 and a beta of 0.70.
Citizens Financial Group (NYSE:CFG – Get Free Report) last announced its quarterly earnings results on Thursday, April 16th. The bank reported $1.13 EPS for the quarter, beating the consensus estimate of $1.10 by $0.03. The firm had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.16 billion. Citizens Financial Group had a return on equity of 7.81% and a net margin of 15.19%.The business’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.77 earnings per share. On average, analysts predict that Citizens Financial Group will post 3.92 EPS for the current fiscal year.
Citizens Financial Group Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, May 14th. Stockholders of record on Thursday, April 30th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, April 30th. Citizens Financial Group’s payout ratio is presently 47.55%.
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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