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

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$40.42 +0.61 (+1.53 %)
(As of 09/20/2018 08:26 AM ET)
Previous Close$39.81
Today's Range$39.77 - $40.60
52-Week Range$35.03 - $48.23
Volume2.98 million shs
Average Volume3.13 million shs
Market Capitalization$18.95 billion
P/E Ratio15.67
Dividend Yield2.71%
Citizens Financial Group logoCitizens 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

Stock Exchange NYSE
Industry State commercial banks


Debt-to-Equity Ratio0.68
Current Ratio0.98
Quick Ratio0.98


Trailing P/E Ratio15.67
Forward P/E Ratio11.58
P/E Growth0.53

Sales & Book Value

Annual Sales$6.45 billion
Price / Sales2.98
Cash Flow$3.6846 per share
Price / Cash10.97
Book Value$40.70 per share
Price / Book0.99


EPS (Most Recent Fiscal Year)$2.58
Net Income$1.65 billion
Net Margins26.72%
Return on Equity7.59%
Return on Assets0.99%


Outstanding Shares475,950,000
Market Cap$18.95 billion

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 Monday, July 23rd. Investors of record on Wednesday, August 1st will be given a dividend of $0.27 per share on Wednesday, August 15th. This represents a $1.08 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date of this dividend is Tuesday, July 31st. This is a positive change from Citizens Financial Group's previous quarterly dividend of $0.22. View Citizens Financial Group's Dividend History.

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

Citizens Financial Group announced that its Board of Directors has initiated a stock buyback plan on Thursday, June 29th 2017, which allows the company to repurchase $850,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 4.8% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

How were Citizens Financial Group's earnings last quarter?

Citizens Financial Group Inc (NYSE:CFG) posted its earnings results on Friday, July, 20th. The bank reported $0.88 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.86 by $0.02. The bank earned $1.51 billion during the quarter, compared to analysts' expectations of $1.51 billion. Citizens Financial Group had a net margin of 26.72% and a return on equity of 7.59%. The company's quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.63 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 Friday, October, 19th 2018. View Earnings Estimates for Citizens Financial Group.

What price target have analysts set for CFG?

11 equities research analysts have issued twelve-month price objectives for Citizens Financial Group's stock. Their predictions range from $34.00 to $52.00. On average, they anticipate Citizens Financial Group's stock price to reach $46.3333 in the next year. This suggests a possible upside of 14.6% from the stock's current price. View Analyst Price Targets for Citizens Financial Group.

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

11 Wall Street 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Citizens Financial Group.

What are Wall Street analysts saying about Citizens Financial Group stock?

Here are some recent quotes from research analysts about Citizens Financial Group stock:
  • 1. According to Zacks Investment Research, "Shares of Citizens Financial have outperformed the industry over the past year. Also, the company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in all the trailing four quarters. Its second-quarter earnings reflect robust organic growth and improved efficiency. Citizens Financial launched a fresh TOP V Program, which targets pre-tax benefit of $90-$100 million by 2019-end. Also, it remains on track with its TOP IV initiatives, anticipated to achieve pre-tax benefit of $100-$110 million by the end of 2018 and boost earnings. Strong capital position keeps it poised to undertake opportunistic growth strategies. However, significant exposure to commercial loans remains concern. Also, exposure to pending legal cases might keep costs elevated in near term. Nevertheless, it continues to benefit from improving loans and deposit balances and is well positioned to grow as the U.S. economy is gaining traction." (7/31/2018)
  • 2. Citigroup Inc analysts commented, "CFG reported better than expected results: $0.78 vs. our/consensus’ $0.76 estimates. The $0.02 beat was split ~50/50 between net income and lower share count when compared to our estimates. The bigger takeaway is that the slow, steady momentum continues. The ROTCE trend remains up and to the right with 1Q18 ROTCE coming in at 11.5%, on their way to the 13-15% medium-term target. TOP V was hinted at (could hear more in July) and, given that finding efficiencies has been one of management’s strengths, we see no reason to expect the savings to be off trend from $75-100M in annual savings. Core" efficiency ratio has dropped from 67.6% in 1Q15 to 60.4% in 1Q18 showing a dedication to improvement outside of just NIM expansion." (4/20/2018)

Are investors shorting Citizens Financial Group?

Citizens Financial Group saw a decrease in short interest in August. As of August 15th, there was short interest totalling 9,367,756 shares, a decrease of 25.7% from the July 31st total of 12,608,862 shares. Based on an average trading volume of 3,282,681 shares, the short-interest ratio is presently 2.9 days. Currently, 1.9% of the company's shares are short sold. View Citizens Financial Group's Current Options Chain.

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

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 61)
  • Mr. John F. Woods, Exec. VP & CFO (Age 54)
  • Mr. Stephen T. Gannon, Chief Legal Officer, Exec. VP & Gen. Counsel (Age 65)
  • Mr. Brad L. Conner, Vice Chairman of Consumer Banking (Age 56)
  • Mr. Donald H. McCree III, Vice Chairman & Head of Commercial Banking Division (Age 56)

Has Citizens Financial Group been receiving favorable news coverage?

Media stories about CFG stock have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Citizens Financial Group earned a coverage optimism score of 0.18 on Accern's scale. They also gave news coverage about the bank an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Citizens Financial Group.

Who are Citizens Financial Group's major shareholders?

Citizens Financial Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.66%), LSV Asset Management (1.55%), Northern Trust Corp (1.20%), Victory Capital Management Inc. (1.06%), Janus Henderson Group PLC (0.94%) and Bank of New York Mellon Corp (0.81%). Company insiders that own Citizens Financial Group stock include Leo I Higdon Jr, Randall J Black 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 Artisan Partners Limited Partnership, Voya Investment Management LLC, Epoch Investment Partners Inc., BlackRock Inc., Pzena Investment Management LLC, First Quadrant L P CA, Systematic Financial Management LP and Natixis. Company insiders that have sold Citizens Financial Group company stock in the last year include Randall J Black and Wendy A Watson. View Insider Buying and Selling for Citizens Financial Group.

Which institutional investors are buying Citizens Financial Group stock?

CFG stock was purchased by a variety of institutional investors in the last quarter, including LSV Asset Management, Bank of Montreal Can, Janus Henderson Group PLC, Unigestion Holding SA, Point72 Asset Management L.P., EJF Capital LLC, Renaissance Technologies LLC and Standard Life Aberdeen plc. 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 $40.42.

How big of a company is Citizens Financial Group?

Citizens Financial Group has a market capitalization of $18.95 billion and generates $6.45 billion in revenue each year. The bank earns $1.65 billion in net income (profit) each year or $2.58 on an earnings per share basis. Citizens Financial Group employs 17,600 workers across the globe.

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:  337 (Vote Outperform)
Underperform Votes:  377 (Vote Underperform)
Total Votes:  714
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 9/20/2018 by MarketBeat.com Staff

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