NYSE:CFG

Citizens Financial Group (CFG) Stock Price, News & Analysis

$34.98
+0.43 (+1.24%)
(As of 04/23/2024 ET)
Today's Range
$34.34
$35.09
50-Day Range
$30.43
$36.29
52-Week Range
$22.77
$36.38
Volume
4.21 million shs
Average Volume
5.24 million shs
Market Capitalization
$16.04 billion
P/E Ratio
12.67
Dividend Yield
4.80%
Price Target
$35.93

Citizens Financial Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
2.7% Upside
$35.93 Price Target
Short Interest
Healthy
3.94% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.52mentions of Citizens Financial Group in the last 14 days
Based on 51 Articles This Week
Insider Trading
Selling Shares
$364,418 Sold Last Quarter
Proj. Earnings Growth
25.31%
From $3.24 to $4.06 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.41 out of 5 stars

Finance Sector

182nd out of 828 stocks

State Commercial Banks Industry

45th out of 175 stocks

CFG stock logo

About Citizens Financial Group Stock (NYSE:CFG)

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. The Consumer Banking segment offers deposit products, mortgage and home equity lending products, credit cards, business loans, wealth management, and investment services; and auto, education, and point-of-sale finance loans, as well as digital deposit products. This segment serves its customers through telephone service centers, as well as through its online and mobile platforms. The Commercial Banking segment provides various financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, and interest rate and commodity risk management solutions, as well as syndicated loans, corporate finance, mergers and acquisitions, and debt and equity capital markets services. This segment serves corporate banking, healthcare, technology, asset finance, franchise finance, leasing, asset-based lending, commercial real estate, mid-corporate, and private equity sponsor industries. The company was formerly known as RBS Citizens Financial Group, Inc. and changed its name to Citizens Financial Group, Inc. in April 2014. Citizens Financial Group, Inc. was founded in 1828 and is headquartered in Providence, Rhode Island.

CFG Stock Price History

CFG Stock News Headlines

Elon Musk’s Controversial New Project: “Apollo”
Have you seen this footage outside the headquarters of Elon Musk's "Project Apollo?" Big Tech and the mainstream media have called this project "controversial"...
Citizens Financial Group (NYSE:CFG) PT Raised to $43.00
Citizens Financial Group (NYSE:CFG) PT Lowered to $35.00
Elon Musk’s Controversial New Project: “Apollo”
Have you seen this footage outside the headquarters of Elon Musk's "Project Apollo?" Big Tech and the mainstream media have called this project "controversial"...
Citizens Financial: Solid Dividend And Discount
Discover Financial Services Q1 Profit Falls, misses estimates
Citizens Financial profit slips on weaker interest income
See More Headlines
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Company Calendar

Ex-Dividend for 2/14 Dividend
1/30/2024
Dividend Payable
2/14/2024
Last Earnings
4/17/2024
Today
4/24/2024
Ex-Dividend for 5/15 Dividend
4/30/2024
Dividend Payable
5/15/2024
Next Earnings (Estimated)
7/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Fax
N/A
Employees
17,570
Year Founded
1828

Price Target and Rating

Average Stock Price Target
$35.93
High Stock Price Target
$43.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+2.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
15 Analysts

Profitability

Net Income
$1.61 billion
Pretax Margin
14.45%

Debt

Sales & Book Value

Annual Sales
$12.19 billion
Cash Flow
$4.60 per share
Book Value
$47.89 per share

Miscellaneous

Free Float
455,587,000
Market Cap
$16.04 billion
Optionable
Optionable
Beta
1.38

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Key Executives

  • Mr. Bruce Winfield Van Saun (Age 67)
    CEO & Chairman of the Board
    Comp: $3.73M
  • Mr. John F. Woods (Age 60)
    Vice Chairman & CFO
    Comp: $1.64M
  • Mr. Donald H. McCree III (Age 62)
    Vice Chairman & Head of Commercial Banking Division
    Comp: $1.61M
  • Mr. Brendan  CoughlinMr. Brendan Coughlin (Age 44)
    Executive VP, Head of Consumer Banking & Vice Chairman
    Comp: $1.46M
  • Mr. Craig Jack Read (Age 55)
    Executive VP, Chief Accounting Officer & Controller
  • Mr. Theodore C. Swimmer
    Head of Corporate Finance & Capital Markets
  • Mr. Michael Ruttledge (Age 60)
    Executive VP, Chief Information Officer & Head of Technology Services
  • Ms. Kristin Silberberg
    Head of Investor Relations
  • Ms. Polly Nyquist Klane (Age 54)
    Executive VP, General Counsel & Chief Legal Officer
  • Ms. Susan LaMonica (Age 62)
    Executive VP & Chief Human Resources Officer
    Comp: $1.16M

CFG Stock Analysis - Frequently Asked Questions

Should I buy or sell Citizens Financial Group stock right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Citizens Financial Group in the last year. There are currently 10 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CFG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CFG, but not buy additional shares or sell existing shares.
View CFG analyst ratings
or view top-rated stocks.

What is Citizens Financial Group's stock price target for 2024?

15 brokerages have issued 1-year target prices for Citizens Financial Group's shares. Their CFG share price targets range from $26.00 to $43.00. On average, they expect the company's stock price to reach $35.93 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price.
View analysts price targets for CFG
or view top-rated stocks among Wall Street analysts.

How have CFG shares performed in 2024?

Citizens Financial Group's stock was trading at $33.14 at the beginning of the year. Since then, CFG stock has increased by 5.6% and is now trading at $34.98.
View the best growth stocks for 2024 here
.

Are investors shorting Citizens Financial Group?

Citizens Financial Group saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 18,070,000 shares, a decline of 9.7% from the March 15th total of 20,000,000 shares. Based on an average daily trading volume, of 6,040,000 shares, the short-interest ratio is currently 3.0 days.
View Citizens Financial Group's Short Interest
.

When is Citizens Financial Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024.
View our CFG earnings forecast
.

How were Citizens Financial Group's earnings last quarter?

Citizens Financial Group, Inc. (NYSE:CFG) announced its quarterly earnings data on Wednesday, April, 17th. The bank reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.75 by $0.10. The bank earned $1.96 billion during the quarter, compared to the consensus estimate of $1.96 billion. Citizens Financial Group had a trailing twelve-month return on equity of 6.62% and a net margin of 11.52%. The firm's revenue was down 7.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.00 earnings per share.
Read the conference call transcript
.

How often does Citizens Financial Group pay dividends? What is the dividend yield for Citizens Financial Group?

Citizens Financial Group declared a quarterly dividend on Wednesday, April 17th. Investors of record on Wednesday, May 1st will be paid a dividend of $0.42 per share on Wednesday, May 15th. This represents a $1.68 annualized dividend and a dividend yield of 4.80%. The ex-dividend date is Tuesday, April 30th.
Read our dividend analysis for CFG
.

Is Citizens Financial Group a good dividend stock?

Citizens Financial Group (NYSE:CFG) pays an annual dividend of $1.68 per share and currently has a dividend yield of 4.94%. CFG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 60.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CFG will have a dividend payout ratio of 41.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CFG.

How will Citizens Financial Group's stock buyback program work?

Citizens Financial Group declared that its board has approved a stock repurchase plan on Friday, February 17th 2023, which permits the company to buyback $1,150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 5.6% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

What is Bruce Van Saun's approval rating as Citizens Financial Group's CEO?

893 employees have rated Citizens Financial Group Chief Executive Officer Bruce Van Saun on Glassdoor.com. Bruce Van Saun has an approval rating of 82% among the company's employees.

What other stocks do shareholders of Citizens Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Citizens Financial Group investors own include JPMorgan Chase & Co. (JPM), Bank of America (BAC), AT&T (T), Intel (INTC), AbbVie (ABBV), NVIDIA (NVDA), Johnson & Johnson (JNJ), Alibaba Group (BABA), CVS Health (CVS) and Pfizer (PFE).

Who are Citizens Financial Group's major shareholders?

Citizens Financial Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.26%), Raymond James & Associates (0.09%), Allspring Global Investments Holdings LLC (0.08%), Olstein Capital Management L.P. (0.07%), M&R Capital Management Inc. (0.04%) and Amalgamated Bank (0.03%). Insiders that own company stock include Craig Jack Read, Kevin Cummings, Shivan S Subramaniam and Terrance Lillis.
View institutional ownership trends
.

How do I buy shares of Citizens Financial Group?

Shares of CFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Citizens Financial Group have any subsidiaries?
The following companies are subsidiares of Citizens Financial Group: 1215 Financial Center Associates Ltd., 5801 Southfield Service Drive Corp., CFG Service Corp., CSB Investment Corp., Citizens Asset Finance Inc., Citizens Bank National Association, Citizens Capital Markets Inc., Citizens Charitable Foundation, Citizens Funding Corp., Citizens Insurance Holdings Inc., Citizens One Community Development Corporation, Citizens One NMTC CDE Corp., Citizens One NMTC CDE LLC I, Citizens One NMTC CDE LLC II, Citizens One NMTC CDE LLC III, Citizens One NMTC CDE LLC IV, Citizens One NMTC CDE LLC V, Citizens RI Investment Corp. IV, Citizens Securities Inc., Citizens Ventures Incorporated, Clarfeld Financial Advisors LLC, Connecticut Realty Investors Inc., Court Street Holding Inc., Estate Preservation Services LLC, Franklin American Mortgage Company, ICX Corporation, Lexington Savings Corp., Mass Investment Corp., Minuteman Investments Corporation, Montgomery Service Corporation, New England Acceptance Corporation, PA Investment Corp. I, PA Investment Corp. II, PA Investment Corp. V, RBS Citizens Insurance Agency Inc., RI Realty Trust Inc., Servco Inc., Thistle Group Holding Co., Trinity Capital, West Register Citizens Corp., Western Reserve Partners, and Windsor Realty Corp..
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This page (NYSE:CFG) was last updated on 4/24/2024 by MarketBeat.com Staff

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