Q3 Earnings Estimate for CFG Issued By DA Davidson

Citizens Financial Group, Inc. (NYSE:CFG - Free Report) - Equities researchers at DA Davidson issued their Q3 2025 EPS estimates for shares of Citizens Financial Group in a research note issued to investors on Friday, July 18th. DA Davidson analyst P. Winter forecasts that the bank will post earnings of $1.04 per share for the quarter. DA Davidson currently has a "Buy" rating and a $55.00 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 $3.83 EPS and FY2026 earnings at $5.01 EPS.

Citizens Financial Group (NYSE:CFG - Get Free Report) last released its earnings results on Thursday, July 17th. The bank reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.88 by $0.04. The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $2.01 billion. Citizens Financial Group had a net margin of 13.26% and a return on equity of 6.94%. Citizens Financial Group's quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.82 EPS.

CFG has been the subject of a number of other research reports. Wall Street Zen upgraded shares of Citizens Financial Group from a "sell" rating to a "hold" rating in a research note on Friday. Jefferies Financial Group assumed coverage on shares of Citizens Financial Group in a research note on Wednesday, May 21st. They set a "buy" rating and a $50.00 price target for the company. Citigroup upped their target price on shares of Citizens Financial Group from $57.00 to $60.00 and gave the stock a "buy" rating in a research note on Monday. The Goldman Sachs Group reduced their target price on shares of Citizens Financial Group from $55.00 to $48.00 and set a "buy" rating for the company in a research note on Thursday, April 17th. Finally, Truist Financial reduced their target price on shares of Citizens Financial Group from $51.00 to $43.00 and set a "hold" rating for the company in a research note on Thursday, April 17th. Five research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $51.05.

Citizens Financial Group Stock Down 0.0%

CFG stock traded down $0.01 during midday trading on Monday, reaching $48.58. 4,702,731 shares of the company's stock traded hands, compared to its average volume of 4,842,158. The company has a market cap of $21.23 billion, a price-to-earnings ratio of 14.76, a P/E/G ratio of 0.83 and a beta of 0.76. The firm's fifty day moving average price is $43.05 and its 200-day moving average price is $42.41. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.54. Citizens Financial Group has a 52 week low of $32.60 and a 52 week high of $49.68.

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. Great Valley Advisor Group Inc. raised its stake in Citizens Financial Group by 0.6% in the fourth quarter. Great Valley Advisor Group Inc. now owns 39,766 shares of the bank's stock valued at $1,740,000 after purchasing an additional 224 shares in the last quarter. Lynx Investment Advisory raised its stake in Citizens Financial Group by 2.8% in the second quarter. Lynx Investment Advisory now owns 8,961 shares of the bank's stock valued at $401,000 after purchasing an additional 243 shares in the last quarter. NewEdge Advisors LLC raised its stake in Citizens Financial Group by 2.4% in the first quarter. NewEdge Advisors LLC now owns 11,531 shares of the bank's stock valued at $472,000 after purchasing an additional 274 shares in the last quarter. True Wealth Design LLC raised its stake in Citizens Financial Group by 10.5% in the fourth quarter. True Wealth Design LLC now owns 2,890 shares of the bank's stock valued at $126,000 after purchasing an additional 275 shares in the last quarter. Finally, Park Avenue Securities LLC raised its stake in Citizens Financial Group by 0.5% in the first quarter. Park Avenue Securities LLC now owns 53,879 shares of the bank's stock valued at $2,207,000 after purchasing an additional 289 shares in the last quarter. 94.90% of the stock is owned by hedge funds and other institutional investors.

Citizens Financial Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 14th. Stockholders of record on Thursday, July 31st will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date is Thursday, July 31st. Citizens Financial Group's payout ratio is 51.06%.

Citizens Financial Group announced that its Board of Directors has authorized a share repurchase plan on Friday, June 13th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the bank to repurchase up to 8.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

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.