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

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$37.23 -0.43 (-1.14 %)
(As of 02/21/2019 03:45 PM ET)
Previous Close$37.66
Today's Range$37.11 - $37.72
52-Week Range$27.62 - $46.96
Volume3.24 million shs
Average Volume4.53 million shs
Market Capitalization$17.42 billion
P/E Ratio10.46
Dividend Yield3.45%
Beta1.42
Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association and Citizens Bank of Pennsylvania that provide retail and commercial banking products and services in the United States. The company operates in two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment offers traditional banking products and services, including checking, savings, home loans, education loans, credit cards, business loans, and unsecured product finance and personal loans, as well as wealth management and investment services to retail customers and small businesses. This segment also provides indirect auto finance for new and used vehicles through auto dealerships. The Commercial Banking segment offers various financial products and solutions, such as loans, leases, trade financing, deposits, cash management, commercial cards, foreign exchange, interest rate risk management, corporate finance, and capital markets advisory capabilities. It 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 focusing on middle-market companies, large corporations, and institutions. Citizens Financial Group, Inc. operates approximately 1,150 branches in 11 states across the New England, Mid-Atlantic, and Midwest regions, as well as through online, telephone, and mobile banking platforms; and maintains approximately 130 retail and commercial non-branch offices located in its banking footprint and in other states, and the District of Columbia. 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.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone401-456-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.35 billion
Cash Flow$4.0689 per share
Book Value$42.69 per share

Profitability

Net Income$1.72 billion

Miscellaneous

Employees17,600
Market Cap$17.42 billion
Next Earnings Date4/18/2019 (Confirmed)
OptionableOptionable

Citizens Financial Group (NYSE:CFG) Frequently Asked Questions

What is Citizens Financial Group's stock symbol?

Citizens Financial Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "CFG."

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

Citizens Financial Group announced a quarterly dividend on Friday, January 18th. Shareholders of record on Thursday, January 31st will be given a dividend of $0.32 per share on Thursday, February 14th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend is Wednesday, January 30th. This is a positive change from Citizens Financial Group's previous quarterly dividend of $0.27. View Citizens Financial Group's Dividend History.

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

Citizens Financial Group declared that its Board of Directors has approved a stock buyback plan on Thursday, June 29th 2017, which authorizes the company to buyback $850,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 4.8% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued.

How were Citizens Financial Group's earnings last quarter?

Citizens Financial Group Inc (NYSE:CFG) announced its quarterly earnings data on Friday, January, 18th. The bank reported $0.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.94 by $0.04. The bank had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.60 billion. Citizens Financial Group had a net margin of 23.20% and a return on equity of 8.67%. The firm's quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 earnings per share. View Citizens Financial Group's Earnings History.

When is Citizens Financial Group's next earnings date?

Citizens Financial Group is scheduled to release their next quarterly earnings announcement on Thursday, April 18th 2019. View Earnings Estimates for Citizens Financial Group.

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

Citizens Financial Group will be holding an earnings conference call on Thursday, April 18th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8002301085.

What price target have analysts set for CFG?

12 brokerages have issued 1 year target prices for Citizens Financial Group's shares. Their forecasts range from $34.00 to $46.00. On average, they expect Citizens Financial Group's stock price to reach $41.00 in the next twelve months. This suggests a possible upside of 10.1% from the stock's current price. View Analyst Price Targets for Citizens Financial Group.

What is the consensus analysts' recommendation for Citizens Financial Group?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citizens Financial Group in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Citizens Financial Group.

Has Citizens Financial Group been receiving favorable news coverage?

Headlines about CFG stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Citizens Financial Group earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days.

Are investors shorting Citizens Financial Group?

Citizens Financial Group saw a decline in short interest in January. As of January 31st, there was short interest totalling 8,891,001 shares, a decline of 28.8% from the January 15th total of 12,489,651 shares. Based on an average daily volume of 5,379,774 shares, the short-interest ratio is presently 1.7 days. Currently, 1.9% of the shares of the company are short sold. View Citizens Financial Group's Current Options Chain.

Who are some of Citizens Financial Group's key competitors?

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 NVIDIA (NVDA), Bank of America (BAC), Intel (INTC), Alibaba Group (BABA), Home Depot (HD), Starbucks (SBUX), Paypal (PYPL), JPMorgan Chase & Co. (JPM), AT&T (T) and Micron Technology (MU).

Who are Citizens Financial Group's key executives?

Citizens Financial Group's management team includes the folowing people:
  • Mr. Bruce W. Van Saun, Chairman, Pres & CEO (Age 62)
  • Mr. John F. Woods, Exec. VP & CFO (Age 55)
  • Mr. Stephen T. Gannon, Chief Legal Officer, Exec. VP & Gen. Counsel (Age 66)
  • Mr. Brad L. Conner, Vice Chairman of Consumer Banking (Age 57)
  • Mr. Donald H. McCree III, Vice Chairman & Head of Commercial Banking Division (Age 57)

Who are Citizens Financial Group's major shareholders?

Citizens Financial Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.98%), LSV Asset Management (1.96%), Geode Capital Management LLC (1.35%), Lord Abbett & CO. LLC (1.24%), Northern Trust Corp (1.21%) and Bank of Montreal Can (1.21%). Company insiders that own Citizens Financial Group stock include Charles John Koch, Leo I Higdon Jr, Randall J Black, Shivan S Subramaniam and Wendy A Watson. View Institutional Ownership Trends for Citizens Financial Group.

Which institutional investors are selling Citizens Financial Group stock?

CFG stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., EJF Capital LLC, D. E. Shaw & Co. Inc., Two Sigma Investments LP, CIBC Private Wealth Group LLC, Bank of America Corp DE, First Trust Advisors LP and Canada Pension Plan Investment Board. View Insider Buying and Selling for Citizens Financial Group.

Which institutional investors are buying Citizens Financial Group stock?

CFG stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Millennium Management LLC, Scout Investments Inc., Wedge Capital Management L L P NC, LSV Asset Management, MUFG Securities EMEA plc, Acadian Asset Management LLC and SPX Equities Gestao de Recursos Ltda. Company insiders that have bought Citizens Financial Group stock in the last two years include Charles John Koch, Leo I Higdon Jr and Shivan S Subramaniam. View Insider Buying and Selling for Citizens Financial Group.

How do I buy shares of Citizens Financial Group?

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

What is Citizens Financial Group's stock price today?

One share of CFG stock can currently be purchased for approximately $37.2250.

How big of a company is Citizens Financial Group?

Citizens Financial Group has a market capitalization of $17.42 billion and generates $7.35 billion in revenue each year. The bank earns $1.72 billion in net income (profit) each year or $3.56 on an earnings per share basis. Citizens Financial Group employs 17,600 workers across the globe.

What is Citizens Financial Group's official website?

The official website for Citizens Financial Group is http://www.citizensbank.com.

How can I contact Citizens Financial Group?

Citizens Financial Group's mailing address is One Citizens Plaza, Providence RI, 02903. The bank can be reached via phone at 401-456-7000 or via email at [email protected]


MarketBeat Community Rating for Citizens Financial Group (NYSE CFG)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  359 (Vote Outperform)
Underperform Votes:  399 (Vote Underperform)
Total Votes:  758
MarketBeat's community ratings are surveys of what our community members think about Citizens Financial Group and other stocks. Vote "Outperform" if you believe CFG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CFG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/21/2019 by MarketBeat.com Staff

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