Citizens Financial Group, Inc. (NYSE:CFG – Free Report) – Investment analysts at Zacks Research lifted their Q1 2025 earnings per share estimates for Citizens Financial Group in a report released on Wednesday, September 25th. Zacks Research analyst R. Department now anticipates that the bank will earn $0.80 per share for the quarter, up from their prior estimate 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.
Citizens Financial Group (NYSE:CFG – Get Free Report) last issued its quarterly earnings results on Wednesday, July 17th. The bank reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.01). The business had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.95 billion. Citizens Financial Group had a net margin of 10.74% and a return on equity of 6.21%. The company’s revenue for the quarter was down 6.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.92 EPS.
A number of other research analysts also recently commented on CFG. Stephens increased their target price on Citizens Financial Group from $40.00 to $42.00 and gave the stock an “overweight” rating in a report on Friday, July 19th. DA Davidson increased their target price on Citizens Financial Group from $41.00 to $46.00 and gave the stock a “buy” rating in a report on Thursday, July 18th. Royal Bank of Canada increased their target price on Citizens Financial Group from $35.00 to $43.00 and gave the stock an “outperform” rating in a report on Thursday, July 18th. Keefe, Bruyette & Woods raised their price target on Citizens Financial Group from $42.00 to $46.00 and gave the stock a “market perform” rating in a report on Monday. Finally, Morgan Stanley raised 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 investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $42.60.
Read Our Latest Analysis on Citizens Financial Group
Citizens Financial Group Trading Up 0.7 %
NYSE:CFG opened at $41.07 on Monday. The company has a quick ratio of 0.86, a current ratio of 0.87 and a debt-to-equity ratio of 0.60. The business’s 50 day moving average is $41.17 and its two-hundred day moving average is $37.44. Citizens Financial Group has a 52 week low of $22.77 and a 52 week high of $43.96. The company has a market cap of $18.69 billion, a PE ratio of 14.88, a P/E/G ratio of 1.43 and a beta of 1.08.
Citizens Financial Group Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, August 14th. Stockholders of record on Wednesday, July 31st were given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 4.09%. The ex-dividend date was Wednesday, July 31st. Citizens Financial Group’s dividend payout ratio (DPR) is presently 60.87%.
Insider Activity
In other news, insider Craig Jack Read sold 3,938 shares of Citizens Financial Group stock in a transaction on Thursday, July 25th. The stock was sold at an average price of $43.26, for a total transaction of $170,357.88. Following the transaction, the insider now directly owns 33,620 shares in the company, valued at approximately $1,454,401.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.62% of the stock is owned by insiders.
Hedge Funds Weigh In On Citizens Financial Group
Several hedge funds have recently modified their holdings of CFG. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in shares of Citizens Financial Group by 35.9% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 78,203 shares of the bank’s stock worth $2,838,000 after acquiring an additional 20,649 shares in the last quarter. Canada Pension Plan Investment Board boosted its position in shares of Citizens Financial Group by 101.6% in the first quarter. Canada Pension Plan Investment Board now owns 761,679 shares of the bank’s stock worth $27,641,000 after buying an additional 383,947 shares during the period. Duality Advisers LP acquired a new stake in shares of Citizens Financial Group in the first quarter worth $1,180,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Citizens Financial Group in the fourth quarter worth $5,965,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of Citizens Financial Group in the first quarter worth $930,000. 94.90% of the stock is currently owned by institutional investors and hedge funds.
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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