Citizens Financial Group Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Citizens Financial Group in the last year. There are currently 1 sell rating, 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Citizens Financial Group stock.
View analyst ratings for Citizens Financial Group or view top-rated stocks.

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Citizens Financial Group saw a increase in short interest in January. As of January 29th, there was short interest totaling 6,830,000 shares, an increase of 23.7% from the January 14th total of 5,520,000 shares. Based on an average daily volume of 3,850,000 shares, the short-interest ratio is currently 1.8 days. Currently, 1.6% of the shares of the stock are sold short.
View Citizens Financial Group's Short Interest.

Citizens Financial Group is scheduled to release its next quarterly earnings announcement on Friday, April 16th 2021.
View our earnings forecast for Citizens Financial Group.

Citizens Financial Group will be holding an earnings conference call on Friday, April 16th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Citizens Financial Group, Inc. (NYSE:CFG) issued its quarterly earnings results on Tuesday, January, 19th. The bank reported $0.99 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.91 by $0.08. The bank had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.71 billion. Citizens Financial Group had a trailing twelve-month return on equity of 5.30% and a net margin of 13.04%. During the same period in the prior year, the business posted $0.98 earnings per share.
View Citizens Financial Group's earnings history.

Citizens Financial Group's stock was trading at $23.34 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CFG shares have increased by 89.8% and is now trading at $44.30.
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Citizens Financial Group declared a quarterly dividend on Wednesday, January 20th. Investors of record on Wednesday, February 3rd will be paid a dividend of $0.39 per share on Wednesday, February 17th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date is Tuesday, February 2nd.
View Citizens Financial Group's dividend history.

Citizens Financial Group pays an annual dividend of $1.56 per share and currently has a dividend yield of 3.50%. Citizens Financial Group does not yet have a strock track record of dividend growth. The dividend payout ratio of Citizens Financial Group is 40.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Citizens Financial Group will have a dividend payout ratio of 51.66% next year. This indicates that Citizens Financial Group will be able to sustain or increase its dividend.
View Citizens Financial Group's dividend history.

Citizens Financial Group declared that its Board of Directors has initiated a share buyback program on Wednesday, January 20th 2021, which permits the company to repurchase $750,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 4.5% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

14 equities research analysts have issued 1 year price targets for Citizens Financial Group's shares. Their forecasts range from $24.00 to $52.00. On average, they anticipate Citizens Financial Group's share price to reach $41.42 in the next twelve months. This suggests that the stock has a possible downside of 6.5%.
View analysts' price targets for Citizens Financial Group or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to Citizens Financial Group include The Bank of Nova Scotia (BNS), Itaú Unibanco (ITUB), The Bank of New York Mellon (BK), Banco Bradesco (BBD), Banco Bradesco (BBDO), State Street (STT), SVB Financial Group (SIVB), Deutsche Bank Aktiengesellschaft (DB), Fifth Third Bancorp (FITB), Northern Trust (NTRS), M&T Bank (MTB), Ally Financial (ALLY), Signature Bank (SBNY), East West Bancorp (EWBC) and Western Alliance Bancorporation (WAL).
View all of CFG's competitors.

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).

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

Citizens Financial Group's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (9.48%), JPMorgan Chase & Co. (3.29%), Morgan Stanley (2.19%), Nuveen Asset Management LLC (1.34%), Northern Trust Corp (1.23%) and Norges Bank (1.09%). Company insiders that own Citizens Financial Group stock include Brendan Coughlin, Charles John Koch, Shivan S Subramaniam and William P Hankowsky.
View institutional ownership trends for Citizens Financial Group.

CFG stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., AJO LP, Prudential PLC, Lazard Asset Management LLC, Verition Fund Management LLC, Sumitomo Mitsui Trust Holdings Inc., and Epoch Investment Partners Inc..
View insider buying and selling activity for Citizens Financial Group or view top insider-selling stocks.

CFG stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Morgan Stanley, UBS Asset Management Americas Inc., Lord Abbett & CO. LLC, Nordea Investment Management AB, Payden & Rygel, Brandywine Global Investment Management LLC, and Nuveen Asset Management LLC. Company insiders that have bought Citizens Financial Group stock in the last two years include Charles John Koch, Shivan S Subramaniam, and William P Hankowsky.
View insider buying and selling activity for Citizens Financial Group or or view top insider-buying stocks.

Shares of CFG 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.
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One share of CFG stock can currently be purchased for approximately $44.30.

Citizens Financial Group has a market capitalization of $18.83 billion and generates $8.07 billion in revenue each year. The bank earns $1.79 billion in net income (profit) each year or $3.84 on an earnings per share basis.

Citizens Financial Group employs 17,584 workers across the globe.

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..

Citizens Financial Group was founded in 1828.

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

Citizens Financial Group is headquartered at One Citizens Plaza, Providence RI, 02903.

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]