Citizens Financial Group (NYSE:CFG) Given New $75.00 Price Target at Robert W. Baird

Citizens Financial Group (NYSE:CFG) had its price target lifted by Robert W. Baird from $72.00 to $75.00 in a research note issued to investors on Friday, Marketbeat reports. They currently have a neutral rating on the bank’s stock.

A number of other equities analysts have also commented on the company. Stephens started coverage on Citizens Financial Group in a research note on Monday, June 15th. They set an “equal weight” rating on the stock. Royal Bank Of Canada raised their price target on Citizens Financial Group from $67.00 to $70.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th. JPMorgan Chase & Co. upped their price objective on shares of Citizens Financial Group from $68.50 to $76.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Morgan Stanley increased their price objective on shares of Citizens Financial Group from $73.00 to $79.00 and gave the stock an “overweight” rating in a research note on Monday, June 29th. Finally, Weiss Ratings raised shares of Citizens Financial Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 6th. Sixteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Citizens Financial Group presently has an average rating of “Moderate Buy” and a consensus target price of $77.85.

Citizens Financial Group Price Performance

Shares of Citizens Financial Group stock opened at $72.34 on Friday. Citizens Financial Group has a twelve month low of $45.90 and a twelve month high of $74.70. The company has a quick ratio of 0.84, a current ratio of 0.86 and a debt-to-equity ratio of 0.63. The company has a 50-day simple moving average of $66.42 and a two-hundred day simple moving average of $63.59. The stock has a market capitalization of $30.59 billion, a price-to-earnings ratio of 15.69, a price-to-earnings-growth ratio of 0.62 and a beta of 0.67.

Citizens Financial Group (NYSE:CFG) last announced its earnings results on Thursday, July 16th. The bank reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.05. Citizens Financial Group had a net margin of 17.18% and a return on equity of 8.85%. The firm had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same quarter in the prior year, the business posted $0.92 EPS. The business’s revenue was up 12.1% compared to the same quarter last year. Analysts forecast that Citizens Financial Group will post 5.22 EPS for the current year.

Citizens Financial Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Thursday, July 30th will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Thursday, July 30th. Citizens Financial Group’s dividend payout ratio (DPR) is presently 43.50%.

Insider Activity

In related news, insider Michelle Moosally sold 6,050 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $62.16, for a total value of $376,068.00. Following the completion of the sale, the insider directly owned 22,565 shares of the company’s stock, valued at $1,402,640.40. The trade was a 21.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.67% of the stock is owned by company insiders.

Institutional Trading of Citizens Financial Group

Hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC raised its stake in shares of Citizens Financial Group by 2.4% in the first quarter. NewEdge Advisors LLC now owns 11,531 shares of the bank’s stock worth $472,000 after purchasing an additional 274 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Citizens Financial Group by 6.7% in the first quarter. Empowered Funds LLC now owns 8,838 shares of the bank’s stock valued at $362,000 after purchasing an additional 554 shares during the last quarter. Woodline Partners LP lifted its position in shares of Citizens Financial Group by 39.5% during the first quarter. Woodline Partners LP now owns 36,932 shares of the bank’s stock valued at $1,513,000 after purchasing an additional 10,466 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in Citizens Financial Group by 93.4% during the second quarter. Sivia Capital Partners LLC now owns 9,814 shares of the bank’s stock worth $439,000 after purchasing an additional 4,739 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its holdings in Citizens Financial Group by 5.2% during the second quarter. Daiwa Securities Group Inc. now owns 65,564 shares of the bank’s stock worth $2,934,000 after purchasing an additional 3,225 shares during the last quarter. Institutional investors and hedge funds 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: Citizens Financial reported better-than-expected Q2 2026 results, with EPS of $1.30 versus $1.25 expected and revenue of $2.28 billion versus $2.25 billion expected, driven by stronger net interest income and fee growth. Reuters article
• Positive Sentiment: The company said net income rose 35% year over year to $587 million and EPS increased 41% year over year, reinforcing momentum in profitability. Business Wire article
• Positive Sentiment: Several analysts raised price targets after the earnings release, including Keefe, Bruyette & Woods to $90, RBC to $79, Barclays to $81, and Baird to $75, signaling improving Wall Street sentiment. Benzinga article
• Positive Sentiment: Analysts also highlighted a raised net interest margin outlook and solid private bank growth, which may support expectations for continued earnings strength. Read More.
• Positive Sentiment: The company declared a quarterly dividend of $0.46 per share, underscoring capital return to shareholders.

About Citizens Financial Group

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.