Zacks Research Brokers Decrease Earnings Estimates for CFG

Citizens Financial Group, Inc. (NYSE:CFG - Free Report) - Equities researchers at Zacks Research reduced their Q2 2025 EPS estimates for shares of Citizens Financial Group in a research report issued on Wednesday, May 7th. Zacks Research analyst R. Department now anticipates that the bank will post earnings per share of $0.87 for the quarter, down from their prior forecast of $0.89. The consensus estimate for Citizens Financial Group's current full-year earnings is $3.92 per share. Zacks Research also issued estimates for Citizens Financial Group's Q3 2025 earnings at $0.99 EPS, Q4 2025 earnings at $1.06 EPS, Q1 2026 earnings at $1.00 EPS and Q1 2027 earnings at $1.46 EPS.

Citizens Financial Group (NYSE:CFG - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The bank reported $0.77 EPS for the quarter, topping analysts' consensus estimates of $0.75 by $0.02. Citizens Financial Group had a net margin of 12.21% and a return on equity of 6.75%. The business had revenue of $1.94 billion during the quarter, compared to analysts' expectations of $1.94 billion.

A number of other brokerages have also recently commented on CFG. Truist Financial dropped their price objective 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. Barclays reduced their price objective on shares of Citizens Financial Group from $52.00 to $49.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 17th. Royal Bank of Canada decreased their price objective on shares of Citizens Financial Group from $50.00 to $44.00 and set an "outperform" rating for the company in a research note on Thursday, April 17th. Argus set a $45.00 price target on Citizens Financial Group in a research note on Thursday, April 24th. Finally, Morgan Stanley decreased their price target on Citizens Financial Group from $54.00 to $43.00 and set an "equal weight" rating for the company in a research note on Monday, April 7th. The firm moved its midcap bank industry view from Attractive to In-line, saying “higher and faster than expected” tariffs raise recession risks, will weigh on loan growth and in-turn, forward earnings and multiples. The group is “cheap,” but weaker for longer loan growth and inverted yield curve limit upside catalysts. Eight investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $46.18.

Citizens Financial Group Price Performance

Shares of NYSE:CFG traded up $2.47 on Friday, reaching $41.59. The company's stock had a trading volume of 6,897,728 shares, compared to its average volume of 4,815,617. Citizens Financial Group has a 52-week low of $32.60 and a 52-week high of $49.25. The company has a market cap of $18.18 billion, a P/E ratio of 13.73, a PEG ratio of 0.81 and a beta of 0.74. The company has a 50-day simple moving average of $38.45 and a 200 day simple moving average of $43.17. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.85 and a current ratio of 0.85.

Citizens Financial Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 14th. Stockholders of record on Wednesday, April 30th will be issued a $0.42 dividend. The ex-dividend date is Wednesday, April 30th. This represents a $1.68 annualized dividend and a dividend yield of 4.04%. Citizens Financial Group's dividend payout ratio is currently 53.33%.

Institutional Investors Weigh In On Citizens Financial Group

Several large investors have recently modified their holdings of CFG. Wilmington Savings Fund Society FSB bought a new stake in shares of Citizens Financial Group in the 3rd quarter valued at about $89,000. Franklin Resources Inc. raised its holdings in shares of Citizens Financial Group by 4.8% in the 3rd quarter. Franklin Resources Inc. now owns 655,600 shares of the bank's stock valued at $28,368,000 after purchasing an additional 29,940 shares in the last quarter. First Hawaiian Bank grew its position in shares of Citizens Financial Group by 26.5% in the 4th quarter. First Hawaiian Bank now owns 30,191 shares of the bank's stock worth $1,321,000 after buying an additional 6,332 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Citizens Financial Group by 0.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 104,893 shares of the bank's stock worth $4,308,000 after buying an additional 674 shares during the last quarter. Finally, Graypoint LLC grew its position in shares of Citizens Financial Group by 4.9% in the 4th quarter. Graypoint LLC now owns 8,646 shares of the bank's stock worth $378,000 after buying an additional 404 shares during the last quarter. 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.