Citizens Financial Group (NYSE:CFG) Price Target Raised to $81.00 at Barclays

Citizens Financial Group (NYSE:CFG) had its target price boosted by Barclays from $77.00 to $81.00 in a research report sent to investors on Friday morning,Benzinga reports. The brokerage currently has an overweight rating on the bank’s stock.

A number of other research analysts have also recently issued reports on CFG. Morgan Stanley lifted their price objective on Citizens Financial Group from $73.00 to $79.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Keefe, Bruyette & Woods increased their target price on Citizens Financial Group from $70.00 to $72.00 and gave the stock an “outperform” rating in a research note on Friday, April 17th. Weiss Ratings upgraded Citizens Financial Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 6th. Robert W. Baird lifted their price target on Citizens Financial Group from $72.00 to $75.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, DA Davidson upped their price target on shares of Citizens Financial Group from $73.00 to $74.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Sixteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $77.85.

Citizens Financial Group Trading Down 2.8%

Shares of NYSE CFG opened at $72.34 on Friday. Citizens Financial Group has a 1 year low of $45.90 and a 1 year high of $74.70. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.86 and a quick ratio of 0.84. The firm has a 50-day moving average of $66.42 and a 200 day moving average of $63.59. The stock has a market cap of $30.59 billion, a P/E 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 quarterly earnings data on Thursday, July 16th. The bank reported $1.30 earnings per share 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 business had revenue of $2.28 billion for the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter in the prior year, the company earned $0.92 earnings per share. The business’s revenue was up 12.1% compared to the same quarter last year. As a group, sell-side analysts expect that Citizens Financial Group will post 5.22 EPS for the current fiscal year.

Citizens Financial Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Thursday, July 30th will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, July 30th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.5%. Citizens Financial Group’s payout ratio is presently 43.50%.

Insiders Place Their Bets

In other Citizens Financial Group 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 transaction of $376,068.00. Following the completion of the sale, the insider owned 22,565 shares of the company’s stock, valued at approximately $1,402,640.40. The trade was a 21.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.67% of the company’s stock.

Institutional Investors Weigh In On Citizens Financial Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC raised its stake in shares of Citizens Financial Group by 5.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 504,595 shares of the bank’s stock valued at $29,968,000 after buying an additional 25,180 shares during the last quarter. Dynamic Advisor Solutions LLC purchased a new stake in shares of Citizens Financial Group in the fourth quarter worth about $2,412,000. Geode Capital Management LLC boosted its stake in shares of Citizens Financial Group by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 11,361,142 shares of the bank’s stock worth $661,052,000 after buying an additional 32,264 shares during the last quarter. Jupiter Asset Management Ltd. grew its holdings in Citizens Financial Group by 45.9% during the fourth quarter. Jupiter Asset Management Ltd. now owns 270,484 shares of the bank’s stock worth $15,799,000 after acquiring an additional 85,052 shares during the period. Finally, Todd Asset Management LLC grew its holdings in Citizens Financial Group by 10.6% during the fourth quarter. Todd Asset Management LLC now owns 991,510 shares of the bank’s stock worth $57,914,000 after acquiring an additional 94,774 shares during the period. Institutional investors own 94.90% of the company’s stock.

Trending Headlines about 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.

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.