Citizens Financial Group (CFG) Projected to Post Quarterly Earnings on Thursday

Citizens Financial Group (NYSE:CFG - Get Free Report) will likely be releasing its Q2 2025 earnings data before the market opens on Thursday, July 17th. Analysts expect Citizens Financial Group to post earnings of $0.89 per share and revenue of $2.01 billion for the quarter.

Citizens Financial Group (NYSE:CFG - Get Free Report) last posted its earnings results on Wednesday, April 16th. The bank reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.02. The company had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.94 billion. Citizens Financial Group had a return on equity of 6.84% and a net margin of 12.76%. On average, analysts expect Citizens Financial Group to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Citizens Financial Group Price Performance

Shares of CFG opened at $47.42 on Thursday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.85. The stock has a 50 day simple moving average of $41.74 and a 200 day simple moving average of $42.24. Citizens Financial Group has a 52-week low of $32.60 and a 52-week high of $49.25. The firm has a market capitalization of $20.73 billion, a PE ratio of 15.05, a P/E/G ratio of 0.81 and a beta of 0.76.

Citizens Financial Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 14th. Shareholders of record on Wednesday, April 30th were paid a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.54%. The ex-dividend date was Wednesday, April 30th. Citizens Financial Group's payout ratio is 53.33%.

Citizens Financial Group announced that its board has approved a stock buyback plan on Friday, June 13th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the bank to buy up to 8.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

CFG has been the topic of a number of analyst reports. Raymond James Financial reissued a "strong-buy" rating and set a $48.00 target price (down from $58.00) on shares of Citizens Financial Group in a report on Thursday, April 17th. Argus set a $45.00 target price on Citizens Financial Group in a report on Thursday, April 24th. Jefferies Financial Group initiated coverage on Citizens Financial Group in a report on Wednesday, May 21st. They set a "buy" rating and a $50.00 target price on the stock. UBS Group boosted their target price on Citizens Financial Group from $50.00 to $53.00 and gave the stock a "buy" rating in a report on Friday, May 30th. Finally, The Goldman Sachs Group decreased their target price on Citizens Financial Group from $55.00 to $48.00 and set a "buy" rating on the stock in a report on Thursday, April 17th. Six analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $49.32.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Woodline Partners LP raised its holdings in Citizens Financial Group by 39.5% during the 1st quarter. Woodline Partners LP now owns 36,932 shares of the bank's stock worth $1,513,000 after purchasing an additional 10,466 shares during the last quarter. Empowered Funds LLC grew its position in shares of Citizens Financial Group by 6.7% during the 1st quarter. Empowered Funds LLC now owns 8,838 shares of the bank's stock worth $362,000 after buying an additional 554 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of Citizens Financial Group by 2.4% during the 1st quarter. NewEdge Advisors LLC now owns 11,531 shares of the bank's stock worth $472,000 after buying an additional 274 shares during the period. Institutional investors own 94.90% of the company's stock.

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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