Citizens Financial Group Stock Forecast, Price & News

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Citizens Financial Group in the last twelve months. There are currently 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street 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 August. As of August 13th, there was short interest totaling 8,140,000 shares, an increase of 26.8% from the July 29th total of 6,420,000 shares. Based on an average daily volume of 4,360,000 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.9% of the shares of the company are sold short.
View Citizens Financial Group's Short Interest.

Citizens Financial Group is scheduled to release its next quarterly earnings announcement on Wednesday, October 20th 2021.
View our earnings forecast for Citizens Financial Group.

Citizens Financial Group will be holding an earnings conference call on Wednesday, October 20th 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 "7904509".

Citizens Financial Group, Inc. (NYSE:CFG) announced its quarterly earnings results on Monday, July, 19th. The bank reported $1.44 earnings per share for the quarter, topping analysts' consensus estimates of $1.11 by $0.33. The bank had revenue of $1.61 billion for the quarter, compared to analysts' expectations of $1.63 billion. Citizens Financial Group had a net margin of 28.12% and a trailing twelve-month return on equity of 10.11%. During the same period last year, the business posted $0.53 EPS.
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 (WHO). Since then, CFG shares have increased by 87.3% and is now trading at $43.72.
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Citizens Financial Group announced a quarterly dividend on Tuesday, July 20th. Stockholders of record on Friday, July 30th will be given a dividend of $0.39 per share on Friday, August 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date of this dividend is Thursday, July 29th.
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 3.57%. The dividend payout ratio of Citizens Financial Group is 64.73%. 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 35.78% 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 announced that its Board of Directors has approved a stock buyback plan on Wednesday, January 20th 2021, which allows the company to buyback $750,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 4.5% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

16 equities research analysts have issued 12 month target prices for Citizens Financial Group's stock. Their forecasts range from $32.00 to $57.00. On average, they expect Citizens Financial Group's share price to reach $47.71 in the next year. This suggests a possible upside of 9.1% from the stock's current price.
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 Itaú Unibanco (ITUB), The Bank of New York Mellon (BK), Banco Bradesco (BBD), SVB Financial Group (SIVB), Banco Bradesco (BBDO), State Street (STT), Fifth Third Bancorp (FITB), Deutsche Bank Aktiengesellschaft (DB), Northern Trust (NTRS), Ally Financial (ALLY), M&T Bank (MTB), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL) and First Citizens BancShares (FCNCA).
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 a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.53%), BlackRock Inc. (9.76%), State Street Corp (5.64%), Capital International Investors (4.55%), Invesco Ltd. (4.41%) and JPMorgan Chase & Co. (3.23%). 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 Price T Rowe Associates Inc. MD, Hotchkis & Wiley Capital Management LLC, Basswood Capital Management L.L.C., Invesco Ltd., UBS Asset Management Americas Inc., Lord Abbett & CO. LLC, Deutsche Bank AG, and Capital International Investors.
View insider buying and selling activity for Citizens Financial Group or view top insider-selling stocks.

CFG stock was bought by a variety of institutional investors in the last quarter, including Amundi, FMR LLC, Charles Schwab Investment Management Inc., BlackRock Inc., LSV Asset Management, Legal & General Group Plc, Royal Bank of Canada, and Vanguard Group Inc.. 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 $43.72.

Citizens Financial Group has a market capitalization of $18.63 billion and generates $7.68 billion in revenue each year. The bank earns $1.06 billion in net income (profit) each year or $2.41 on an earnings per share basis.

Citizens Financial Group employs 17,407 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]