Brokers Issue Forecasts for CFG Q2 Earnings

Citizens Financial Group, Inc. (NYSE:CFG) – Investment analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for shares of Citizens Financial Group in a note issued to investors on Thursday, April 17th. DA Davidson analyst P. Winter expects that the bank will earn $0.90 per share for the quarter. DA Davidson has a “Buy” rating and a $49.00 price target 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 FY2025 earnings at $3.76 EPS.

Several other research analysts have also recently issued reports on CFG. Keefe, Bruyette & Woods decreased their price objective on shares of Citizens Financial Group from $49.00 to $45.00 and set a “market perform” rating for the company in a report on Thursday. JPMorgan Chase & Co. decreased their price target on Citizens Financial Group from $49.00 to $43.00 and set a “neutral” rating for the company in a research note on Thursday, April 3rd. Barclays dropped their price objective on Citizens Financial Group from $52.00 to $49.00 and set an “equal weight” rating on the stock in a research note on Thursday. Raymond James reaffirmed a “strong-buy” rating and set a $48.00 target price (down previously from $58.00) on shares of Citizens Financial Group in a research note on Thursday. Finally, Piper Sandler dropped their price target on shares of Citizens Financial Group from $48.00 to $43.00 and set an “overweight” rating on the stock in a research report on Thursday. Eight analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Citizens Financial Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.82.

Citizens Financial Group Stock Performance

Shares of CFG opened at $35.43 on Friday. The firm has a market capitalization of $15.49 billion, a PE ratio of 11.69, a P/E/G ratio of 0.81 and a beta of 0.81. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.56. The firm has a 50-day moving average price of $40.88 and a 200 day moving average price of $43.59. Citizens Financial Group has a 52-week low of $32.60 and a 52-week high of $49.25.

Citizens Financial Group (NYSE:CFG) last released its quarterly earnings results on Wednesday, April 16th. The bank reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.02. Citizens Financial Group had a return on equity of 6.75% and a net margin of 12.21%. The company had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.94 billion.

Institutional Trading of Citizens Financial Group

Large investors have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Citizens Financial Group during the fourth quarter valued at $243,431,000. Wellington Management Group LLP increased its holdings in shares of Citizens Financial Group by 27.8% in the 4th quarter. Wellington Management Group LLP now owns 10,570,083 shares of the bank’s stock valued at $462,547,000 after purchasing an additional 2,298,040 shares during the period. Fuller & Thaler Asset Management Inc. lifted its position in shares of Citizens Financial Group by 20.9% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 9,683,111 shares of the bank’s stock worth $423,733,000 after purchasing an additional 1,672,204 shares in the last quarter. AQR Capital Management LLC grew its position in Citizens Financial Group by 32.2% during the fourth quarter. AQR Capital Management LLC now owns 6,186,364 shares of the bank’s stock valued at $270,715,000 after purchasing an additional 1,507,536 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Citizens Financial Group in the 4th quarter valued at approximately $56,483,000. 94.90% of the stock is owned by institutional investors and hedge funds.

Citizens Financial Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Wednesday, April 30th will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 4.74%. The ex-dividend date is Wednesday, April 30th. Citizens Financial Group’s payout ratio is 53.33%.

About Citizens Financial Group

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.