Citizens Financial Group, Inc. (NYSE:CFG – Free Report) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Citizens Financial Group in a research note issued to investors on Monday, January 20th. DA Davidson analyst P. Winter forecasts that the bank will post earnings per share of $0.76 for the quarter. DA Davidson has a “Buy” rating and a $48.00 price objective on the stock. The consensus estimate for Citizens Financial Group’s current full-year earnings is $3.84 per share.
Other equities analysts have also issued research reports about the company. Piper Sandler lifted their price target on Citizens Financial Group from $48.00 to $53.00 and gave the company an “overweight” rating in a research note on Tuesday, December 3rd. Stephens reiterated an “overweight” rating and set a $53.00 price target on shares of Citizens Financial Group in a report on Tuesday. Royal Bank of Canada boosted their price objective on Citizens Financial Group from $43.00 to $45.00 and gave the stock an “outperform” rating in a research report on Thursday, October 17th. Truist Financial increased their target price on Citizens Financial Group from $49.00 to $54.00 and gave the company a “hold” rating in a research report on Tuesday. Finally, Raymond James restated a “strong-buy” rating and set a $58.00 price target (up from $55.00) on shares of Citizens Financial Group in a report on Tuesday. Nine analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Citizens Financial Group presently has an average rating of “Moderate Buy” and a consensus price target of $49.00.
Citizens Financial Group Stock Performance
Shares of Citizens Financial Group stock opened at $47.06 on Tuesday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.56. The company has a market cap of $20.74 billion, a PE ratio of 15.53, a price-to-earnings-growth ratio of 1.42 and a beta of 1.10. The company has a 50 day moving average of $45.70 and a 200-day moving average of $42.88. Citizens Financial Group has a 1-year low of $30.24 and a 1-year high of $49.25.
Citizens Financial Group (NYSE:CFG – Get Free Report) last posted its quarterly earnings data on Friday, January 17th. The bank reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.02. The business had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1,962,330 billion. Citizens Financial Group had a net margin of 12.21% and a return on equity of 6.75%. Citizens Financial Group’s revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.85 earnings per share.
Institutional Trading of Citizens Financial Group
Several large investors have recently modified their holdings of CFG. Costello Asset Management INC bought a new position in shares of Citizens Financial Group during the 3rd quarter worth about $25,000. Ashton Thomas Securities LLC bought a new position in Citizens Financial Group in the third quarter worth approximately $27,000. Catalyst Capital Advisors LLC acquired a new stake in Citizens Financial Group in the third quarter valued at approximately $28,000. Legacy Investment Solutions LLC bought a new stake in shares of Citizens Financial Group during the third quarter valued at approximately $48,000. Finally, Friedenthal Financial acquired a new position in shares of Citizens Financial Group during the third quarter worth approximately $50,000. Institutional investors and hedge funds own 94.90% of the company’s stock.
Citizens Financial Group Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date of this dividend is Friday, January 31st. Citizens Financial Group’s dividend payout ratio is 55.45%.
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.
Read More
- Five stocks we like better than Citizens Financial Group
- What Are the FAANG Stocks and Are They Good Investments?
- Oracle Announces Game-Changing News for the AI Industry
- What Are the U.K. Market Holidays? How to Invest and Trade
- Netflix Adds 19 Million Subscribers, Growth Is Far From Over
- Quiet Period Expirations Explained
- Tempus AI: A Game-Changer in AI-Powered Healthcare
Receive News & Ratings for Citizens Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Citizens Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.