Citizens Financial Group, Inc. (NYSE:CFG – Free Report) – Zacks Research upped their FY2025 earnings estimates for Citizens Financial Group in a note issued to investors on Wednesday, May 7th. Zacks Research analyst R. Department now forecasts that the bank will earn $3.69 per share for the year, up from their prior estimate of $3.67. The consensus estimate for Citizens Financial Group’s current full-year earnings is $3.92 per share. Zacks Research also issued estimates for Citizens Financial Group’s Q3 2026 earnings at $1.19 EPS, Q4 2026 earnings at $1.31 EPS, FY2026 earnings at $4.64 EPS and FY2027 earnings at $6.35 EPS.
Several other research analysts also recently commented on CFG. Raymond James restated a “strong-buy” rating and set a $48.00 price objective (down from $58.00) on shares of Citizens Financial Group in a report on Thursday, April 17th. Citigroup decreased their price objective on Citizens Financial Group from $58.00 to $51.00 and set a “buy” rating for the company in a report on Monday, March 24th. Piper Sandler lowered their price objective on shares of Citizens Financial Group from $48.00 to $43.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. JPMorgan Chase & Co. cut their target price on shares of Citizens Financial Group from $49.00 to $43.00 and set a “neutral” rating on the stock in a research report on Thursday, April 3rd. Finally, DA Davidson reduced their price target on shares of Citizens Financial Group from $53.00 to $49.00 and set a “buy” rating for the company in a report on Thursday, April 17th. Eight investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $46.18.
Citizens Financial Group Stock Performance
Citizens Financial Group stock opened at $39.12 on Monday. Citizens Financial Group has a fifty-two week low of $32.60 and a fifty-two week high of $49.25. The company has a market capitalization of $17.10 billion, a PE ratio of 12.91, a P/E/G ratio of 0.81 and a beta of 0.74. The company has a 50 day moving average price of $38.45 and a 200-day moving average price of $43.17. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.85 and a current ratio of 0.85.
Citizens Financial Group (NYSE:CFG – Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The bank reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.02. The company had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.94 billion. Citizens Financial Group had a net margin of 12.21% and a return on equity of 6.75%.
Institutional Trading of Citizens Financial Group
A number of institutional investors have recently made changes to their positions in CFG. Headlands Technologies LLC increased its position in Citizens Financial Group by 236.1% during the 1st quarter. Headlands Technologies LLC now owns 1,879 shares of the bank’s stock valued at $77,000 after buying an additional 1,320 shares in the last quarter. Ontario Teachers Pension Plan Board grew its stake in shares of Citizens Financial Group by 1,487.3% during the first quarter. Ontario Teachers Pension Plan Board now owns 295,954 shares of the bank’s stock worth $12,125,000 after acquiring an additional 277,309 shares during the last quarter. Deutsche Bank AG increased its holdings in shares of Citizens Financial Group by 48.9% during the first quarter. Deutsche Bank AG now owns 2,790,291 shares of the bank’s stock valued at $114,318,000 after acquiring an additional 916,760 shares in the last quarter. ASR Vermogensbeheer N.V. acquired a new position in shares of Citizens Financial Group during the first quarter valued at about $1,037,000. Finally, ABC Arbitrage SA purchased a new position in shares of Citizens Financial Group in the 1st quarter valued at approximately $1,228,000. Institutional investors and hedge funds own 94.90% of the company’s stock.
Citizens Financial Group Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 14th. Stockholders of record on Wednesday, April 30th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.29%. The ex-dividend date is Wednesday, April 30th. Citizens Financial Group’s payout ratio is presently 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.
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