Citizens Financial Group, Inc. (NYSE:CFG – Free Report) – Equities researchers at Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for Citizens Financial Group in a research note issued to investors on Wednesday, September 25th. Zacks Research analyst R. Department now forecasts that the bank will earn $0.80 per share for the quarter, up from their previous forecast of $0.79. The consensus estimate for Citizens Financial Group’s current full-year earnings is $3.24 per share. Zacks Research also issued estimates for Citizens Financial Group’s Q1 2026 earnings at $1.06 EPS.
A number of other equities analysts have also recently issued reports on the company. Raymond James initiated coverage on Citizens Financial Group in a report on Thursday, July 11th. They set a “market perform” rating on the stock. Royal Bank of Canada increased their price target on Citizens Financial Group from $35.00 to $43.00 and gave the stock an “outperform” rating in a report on Thursday, July 18th. Jefferies Financial Group increased their price target on Citizens Financial Group from $36.00 to $37.00 and gave the stock a “hold” rating in a report on Wednesday, July 3rd. UBS Group increased their price target on Citizens Financial Group from $42.00 to $46.00 and gave the stock a “buy” rating in a report on Thursday, July 18th. Finally, Morgan Stanley increased their price target on Citizens Financial Group from $41.00 to $50.00 and gave the stock an “equal weight” rating in a report on Monday, August 5th. Ten research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Citizens Financial Group has an average rating of “Hold” and a consensus price target of $42.60.
Citizens Financial Group Stock Performance
Shares of CFG stock opened at $39.91 on Monday. The business’s 50 day simple moving average is $41.12 and its 200 day simple moving average is $37.49. Citizens Financial Group has a one year low of $22.77 and a one year high of $43.96. The stock has a market capitalization of $18.16 billion, a PE ratio of 14.46, a PEG ratio of 1.43 and a beta of 1.08. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.87 and a quick ratio of 0.86.
Citizens Financial Group (NYSE:CFG – Get Free Report) last announced its earnings results on Wednesday, July 17th. The bank reported $0.78 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.01). Citizens Financial Group had a net margin of 10.74% and a return on equity of 6.21%. The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the previous year, the company earned $0.92 earnings per share. The business’s revenue was down 6.3% on a year-over-year basis.
Citizens Financial Group Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, August 14th. Investors of record on Wednesday, July 31st were given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date of this dividend was Wednesday, July 31st. Citizens Financial Group’s payout ratio is currently 60.87%.
Insider Activity at Citizens Financial Group
In related news, insider Craig Jack Read sold 3,938 shares of the stock in a transaction on Thursday, July 25th. The stock was sold at an average price of $43.26, for a total value of $170,357.88. Following the completion of the sale, the insider now directly owns 33,620 shares of the company’s stock, valued at approximately $1,454,401.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.62% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Citizens Financial Group
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Healthcare of Ontario Pension Plan Trust Fund raised its position in Citizens Financial Group by 2,109.3% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 386,634 shares of the bank’s stock valued at $13,930,000 after buying an additional 369,134 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in Citizens Financial Group in the 2nd quarter valued at $1,429,000. Cetera Investment Advisers raised its position in Citizens Financial Group by 4.7% in the 2nd quarter. Cetera Investment Advisers now owns 134,855 shares of the bank’s stock valued at $4,859,000 after buying an additional 6,003 shares during the last quarter. Brandes Investment Partners LP grew its stake in Citizens Financial Group by 35.8% in the 2nd quarter. Brandes Investment Partners LP now owns 30,623 shares of the bank’s stock valued at $1,103,000 after purchasing an additional 8,078 shares during the period. Finally, Quarry LP grew its stake in Citizens Financial Group by 200.1% in the 2nd quarter. Quarry LP now owns 2,035 shares of the bank’s stock valued at $73,000 after purchasing an additional 1,357 shares during the period. 94.90% of the stock is owned by hedge funds and other institutional investors.
Citizens Financial Group Company Profile
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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