Citizens Financial Group Stock Forecast, Price & News

Citizens Financial Group (NYSE:CFG) Frequently Asked Questions

Is Citizens Financial Group a buy right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Citizens Financial Group in the last twelve months. There are currently 3 hold ratings and 12 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.

How has Citizens Financial Group's stock price been impacted by Coronavirus?

Citizens Financial Group's stock was trading at $23.34 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CFG shares have increased by 128.5% and is now trading at $53.33.
View which stocks have been most impacted by COVID-19.

Are investors shorting Citizens Financial Group?

Citizens Financial Group saw a drop in short interest in the month of December. As of December 15th, there was short interest totaling 9,430,000 shares, a drop of 23.6% from the November 30th total of 12,350,000 shares. Based on an average daily trading volume, of 4,370,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 2.2% of the shares of the company are short sold.
View Citizens Financial Group's Short Interest.

When is Citizens Financial Group's next earnings date?

Citizens Financial Group is scheduled to release its next quarterly earnings announcement on Friday, April 15th 2022.
View our earnings forecast for Citizens Financial Group.

How were Citizens Financial Group's earnings last quarter?

Citizens Financial Group, Inc. (NYSE:CFG) posted its earnings results on Tuesday, January, 18th. The bank reported $1.17 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.13 by $0.04. The bank had revenue of $1.72 billion for the quarter, compared to analysts' expectations of $1.66 billion. Citizens Financial Group had a trailing twelve-month return on equity of 10.99% and a net margin of 31.99%. The business's revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.04 earnings per share.
View Citizens Financial Group's earnings history.

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 Wednesday, January 19th. Shareholders of record on Monday, January 31st will be given a dividend of $0.39 per share on Friday, February 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.93%.
View Citizens Financial Group's dividend history.

Is Citizens Financial Group a good dividend stock?

Citizens Financial Group pays an annual dividend of $1.56 per share and currently has a dividend yield of 2.80%. The dividend payout ratio of Citizens Financial Group is 31.33%. 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 36.53% next year. This indicates that Citizens Financial Group will be able to sustain or increase its dividend.
View Citizens Financial Group's dividend history.

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

Citizens Financial Group announced that its board has initiated a share repurchase program on Wednesday, January 20th 2021, which permits the company to buyback $750,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 4.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's management believes its shares are undervalued.

What price target have analysts set for CFG?

15 analysts have issued 12-month price objectives for Citizens Financial Group's shares. Their forecasts range from $42.00 to $69.00. On average, they anticipate Citizens Financial Group's stock price to reach $54.32 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price.
View analysts' price targets for Citizens Financial Group or view top-rated stocks among Wall Street analysts.

Who are Citizens Financial Group's key executives?

Citizens Financial Group's management team includes the following people:

• Bruce Winfield van Saun, Chairman & Chief Executive Officer
• John F. Woods, Vice Chairman & Chief Financial Officer
• Michael Ruttledge, Chief Information Officer
• Robert M. Nelson, Chief Compliance Officer
• Brendan Coughlin, Executive Vice President & Head-Consumer Banking

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

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.

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

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

What is Citizens Financial Group's stock symbol?

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

Who are Citizens Financial Group's major shareholders?

Citizens Financial Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Nordea Investment Management AB (0.87%), Gradient Investments LLC (0.06%), M&R Capital Management Inc. (0.05%), State of Alaska Department of Revenue (0.05%), Scout Investments Inc. (0.03%) and Royal London Asset Management Ltd. (0.03%). 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.

Which institutional investors are selling Citizens Financial Group stock?

CFG stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., State of Alaska Department of Revenue, Symmetry Partners LLC, Royal London Asset Management Ltd., Gradient Investments LLC, First Hawaiian Bank, Crossmark Global Holdings Inc., and DNB Asset Management AS.
View insider buying and selling activity for Citizens Financial Group or view top insider-selling stocks.

Which institutional investors are buying Citizens Financial Group stock?

CFG stock was purchased by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, CX Institutional, Cutler Group LP, New England Research & Management Inc., Stratos Wealth Advisors LLC, Sumitomo Mitsui DS Asset Management Company Ltd, NuWave Investment Management LLC, and Peak Financial Advisors 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.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Citizens Financial Group's stock price today?

One share of CFG stock can currently be purchased for approximately $53.33.

How much money does Citizens Financial Group make?

Citizens Financial Group has a market capitalization of $22.73 billion and generates $7.68 billion in revenue each year. The bank earns $1.06 billion in net income (profit) each year or $4.98 on an earnings per share basis.

How many employees does Citizens Financial Group have?

Citizens Financial Group employs 17,407 workers across the globe.

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..

When was Citizens Financial Group founded?

Citizens Financial Group was founded in 1828.

What is Citizens Financial Group's official website?

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

Where are Citizens Financial Group's headquarters?

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

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].