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S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
Secure your stake in the Smart Home industry. (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Teva Pharma is the way to play the re-rise of generic drugs
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Lemonade nears breakout, short interest surges, analysts bearish
ULTA stock is setting up to swing for the fences
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Get ready for Christmas shopping-sprees with these 2 winners
Li Auto smashes estimates proving EVs can be profitable
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
Secure your stake in the Smart Home industry. (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Teva Pharma is the way to play the re-rise of generic drugs
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Lemonade nears breakout, short interest surges, analysts bearish
ULTA stock is setting up to swing for the fences
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Get ready for Christmas shopping-sprees with these 2 winners
Li Auto smashes estimates proving EVs can be profitable
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
Secure your stake in the Smart Home industry. (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Teva Pharma is the way to play the re-rise of generic drugs
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Lemonade nears breakout, short interest surges, analysts bearish
ULTA stock is setting up to swing for the fences
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Get ready for Christmas shopping-sprees with these 2 winners
Li Auto smashes estimates proving EVs can be profitable

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

$26.58
+0.18 (+0.68%)
(As of 11/28/2023 ET)
Compare
Today's Range
$26.13
$26.71
50-Day Range
$22.88
$27.77
52-Week Range
$22.77
$44.82
Volume
4.60 million shs
Average Volume
6.55 million shs
Market Capitalization
$12.39 billion
P/E Ratio
6.61
Dividend Yield
6.32%
Price Target
$34.07

Citizens Financial Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.47 Rating Score
Upside/​Downside
28.2% Upside
$34.07 Price Target
Short Interest
Bearish
5.22% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$22,860 Bought Last Quarter
Proj. Earnings Growth
-7.69%
From $3.64 to $3.36 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.90 out of 5 stars

Finance Sector

130th out of 867 stocks

State Commercial Banks Industry

32nd out of 186 stocks


CFG stock logo

About Citizens Financial Group Stock (NYSE:CFG)

Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association 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 government banking, not-for-profit, healthcare, technology, professionals, oil and gas, asset finance, franchise finance, asset-based lending, commercial real estate, private equity, and sponsor finance 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

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Citizens Financial price target lowered to $30 from $33 at Citi
Citi Keeps Their Hold Rating on Citizens Financial (CFG)
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Iowa bank failure tied to bad trucking loans
Citizens Financial Group Inc's Dividend Analysis
Citizens Financial Announces Private Bank Launch
See More Headlines
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Company Calendar

Last Earnings
10/18/2023
Ex-Dividend for 11/15 Dividend
10/31/2023
Dividend Payable
11/15/2023
Today
11/28/2023
Fiscal Year End
12/31/2023
Next Earnings (Confirmed)
1/17/2024

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
18,889
Year Founded
1828

Price Target and Rating

Average Stock Price Target
$34.07
High Stock Price Target
$44.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+28.2%
Consensus Rating
Hold
Rating Score (0-4)
2.47
Research Coverage
15 Analysts

Profitability

Net Income
$2.07 billion
Pretax Margin
22.54%

Debt

Sales & Book Value

Annual Sales
$9.07 billion
Cash Flow
$5.29 per share
Book Value
$44.01 per share

Miscellaneous

Free Float
463,752,000
Market Cap
$12.39 billion
Optionable
Optionable
Beta
1.38

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Key Executives

  • Mr. Bruce Winfield Van Saun (Age 66)
    CEO & Chairman of the Board
    Comp: $4.78M
  • Mr. John F. Woods (Age 59)
    Vice Chairman & CFO
    Comp: $1.96M
  • Mr. Donald H. McCree III (Age 61)
    Vice Chairman & Head of Commercial Banking Division
    Comp: $1.94M
  • Mr. Malcolm D. Griggs (Age 62)
    Executive VP & Chief Risk Officer
    Comp: $1.39M
  • Mr. Brendan CoughlinMr. Brendan Coughlin (Age 43)
    Executive VP, Head of Consumer Banking & Vice Chairman
    Comp: $1.49M
  • Mr. Craig Jack Read (Age 54)
    Executive VP, Chief Accounting Officer & Controller
  • Mr. Theodore C. Swimmer
    Head of Corporate Finance & Capital Markets
  • Mr. Michael Ruttledge (Age 59)
    Executive VP, Chief Information Officer & Head of Technology Services
  • Ms. Kristin Silberberg
    Head of Investor Relations
  • Ms. Polly Nyquist Klane (Age 53)
    Executive VP, General Counsel & Chief Legal Officer














CFG Stock Analysis - Frequently Asked Questions

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

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Citizens Financial Group in the last twelve months. There are currently 8 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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 equities research analysts have issued 12 month price targets for Citizens Financial Group's shares. Their CFG share price targets range from $26.00 to $44.00. On average, they anticipate the company's stock price to reach $34.07 in the next year. This suggests a possible upside of 28.2% 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 2023?

Citizens Financial Group's stock was trading at $39.37 at the beginning of the year. Since then, CFG shares have decreased by 32.5% and is now trading at $26.58.
View the best growth stocks for 2023 here
.

Are investors shorting Citizens Financial Group?

Citizens Financial Group saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 24,320,000 shares, an increase of 9.7% from the October 31st total of 22,170,000 shares. Based on an average daily trading volume, of 5,390,000 shares, the short-interest ratio is currently 4.5 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, January 17th 2024.
View our CFG earnings forecast
.

How can I listen to Citizens Financial Group's earnings call?

Citizens Financial Group will be holding an earnings conference call on Wednesday, January 17th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-207-1041 with passcode "9913757".

How were Citizens Financial Group's earnings last quarter?

Citizens Financial Group, Inc. (NYSE:CFG) posted its quarterly earnings results on Wednesday, October, 18th. The bank reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.91 by $0.06. The bank earned $3.09 billion during the quarter, compared to analyst estimates of $2.04 billion. Citizens Financial Group had a net margin of 17.61% and a trailing twelve-month return on equity of 9.60%. During the same period in the previous year, the business earned $1.30 EPS.
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 Tuesday, October 17th. Shareholders of record on Wednesday, November 1st will be paid a dividend of $0.42 per share on Wednesday, November 15th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.32%. The ex-dividend date of this dividend is Tuesday, October 31st.
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 6.25%. CFG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 41.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CFG will have a dividend payout ratio of 50.00% 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 authorized a share repurchase program on Friday, February 17th 2023, which allows the company to repurchase $1,150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 5.6% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board believes its stock is 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 many different institutional and retail investors. Top institutional investors include Invesco Ltd. (3.39%), Morgan Stanley (2.82%), Fuller & Thaler Asset Management Inc. (2.49%), Charles Schwab Investment Management Inc. (2.30%), LSV Asset Management (1.36%) and Royal Bank of Canada (1.19%). Insiders that own company stock include Brendan Coughlin, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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..
Read More
This page (NYSE:CFG) was last updated on 11/29/2023 by MarketBeat.com Staff

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