Zacks Research Has Optimistic Outlook of CFG Q3 Earnings

Key Points

• Zacks Research has increased its Q3 2025 earnings per share estimate for Citizens Financial Group from $0.98 to $0.99.
• Multiple analysts have upgraded their ratings on Citizens Financial Group, with price targets ranging from $53.00 to $57.00, reflecting positive sentiment on the stock.
• The bank's Board of Directors authorized a stock repurchase program allowing repurchases of up to $1.50 billion in outstanding shares, indicating confidence in the company's value.

Citizens Financial Group, Inc. (NYSE:CFG - Free Report) - Equities researchers at Zacks Research boosted their Q3 2025 earnings per share estimates for Citizens Financial Group in a research report issued to clients and investors on Tuesday, September 16th. Zacks Research analyst Team now forecasts that the bank will earn $0.99 per share for the quarter, up from their prior estimate of $0.98. 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 FY2025 earnings at $3.78 EPS, Q4 2026 earnings at $1.33 EPS and FY2026 earnings at $4.67 EPS.

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

A number of other research analysts have also recently weighed in on CFG. Evercore ISI raised their price objective on shares of Citizens Financial Group from $55.00 to $57.00 and gave the stock an "outperform" rating in a research note on Wednesday. DA Davidson upped their price target on shares of Citizens Financial Group from $49.00 to $55.00 and gave the company a "buy" rating in a research report on Friday, July 18th. UBS Group raised their target price on shares of Citizens Financial Group from $50.00 to $53.00 and gave the company a "buy" rating in a research note on Friday, May 30th. Barclays lifted their price target on shares of Citizens Financial Group from $49.00 to $55.00 and gave the company an "equal weight" rating in a report on Friday, July 18th. Finally, Citigroup lifted their price target on shares of Citizens Financial Group from $60.00 to $65.00 and gave the stock a "buy" rating in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $52.35.

Citizens Financial Group Stock Down 0.1%

NYSE:CFG traded down $0.08 during trading hours on Wednesday, hitting $53.56. The company's stock had a trading volume of 9,097,700 shares, compared to its average volume of 3,795,203. The company has a current ratio of 0.85, a quick ratio of 0.84 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 $53.78. The stock has a market capitalization of $23.10 billion, a P/E ratio of 16.28, a price-to-earnings-growth ratio of 0.59 and a beta of 0.80. The stock has a fifty day moving average of $49.76 and a 200-day moving average of $43.62.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Heartland Bank & Trust Co acquired a new stake in shares of Citizens Financial Group during the first quarter worth about $398,000. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in Citizens Financial Group by 19.2% in the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 54,870 shares of the bank's stock valued at $2,248,000 after buying an additional 8,851 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in Citizens Financial Group by 425.7% in the first quarter. Robeco Institutional Asset Management B.V. now owns 26,104 shares of the bank's stock worth $1,069,000 after acquiring an additional 21,138 shares during the last quarter. World Investment Advisors bought a new position in Citizens Financial Group in the first quarter worth about $410,000. Finally, OneDigital Investment Advisors LLC increased its stake in shares of Citizens Financial Group by 37.9% in the first quarter. OneDigital Investment Advisors LLC now owns 7,126 shares of the bank's stock valued at $292,000 after purchasing an additional 1,957 shares during the period. 94.90% of the stock is currently owned by hedge funds and other institutional investors.

Citizens Financial Group declared that its board has initiated a stock buyback program on Friday, June 13th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the bank to reacquire up to 8.5% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.

Citizens Financial Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Thursday, July 31st were issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Thursday, July 31st. Citizens Financial Group's dividend payout ratio (DPR) is currently 51.06%.

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.