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S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
NYSE:CFG

Citizens Financial Group (CFG) Stock Forecast, Price & News

$40.87
+0.57 (+1.41%)
(As of 05/27/2022 12:00 AM ET)
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Today's Range
$40.23
$41.04
50-Day Range
$37.70
$49.96
52-Week Range
$36.76
$57.00
Volume
3.58 million shs
Average Volume
6.04 million shs
Market Capitalization
$20.25 billion
P/E Ratio
8.66
Dividend Yield
3.82%
Beta
1.44
30 days | 90 days | 365 days | Advanced Chart
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Citizens Financial Group logo

About Citizens Financial Group

Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, corporations, and institutions in the United States. The company operates in two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment offers deposit products, mortgage and home equity lending products, credit cards, business loans, wealth management, and investment services; and auto, education, and point-of-sale finance loans, as well as digital deposit products. This segment serves its customers through telephone service centers, as well as through its online and mobile platforms. The Commercial Banking segment provides various financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, and interest rate and commodity risk management solutions, as well as syndicated loans, corporate finance, mergers and acquisitions, and debt and equity capital markets services. This segment 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. It operates approximately 1,200 branches in 14 states and the District of Columbia; 114 retail and commercial non-branch offices in national markets; and approximately 3,300 automated teller machines. 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.

Headlines

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Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
17,463
Year Founded
1828

Sales & Book Value

Annual Sales
$6.99 billion
Cash Flow
$7.16 per share
Book Value
$40.49 per share

Profitability

Net Income
$2.32 billion
Pretax Margin
39.37%

Debt

Price-To-Earnings

Miscellaneous

Free Float
493,068,000
Market Cap
$20.25 billion
Optionable
Optionable

Company Calendar

Last Earnings
4/19/2022
Ex-Dividend for 5/17 Dividend
5/02/2022
Dividend Payable
5/17/2022
Today
5/29/2022
Next Earnings (Estimated)
7/19/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

3.55 out of 5 stars

Finance Sector

9th out of 1,380 stocks

State Commercial Banks Industry

2nd out of 240 stocks

Analyst Opinion: 4.2Community Rank: 4.4Dividend Strength: 3.3Insider Behavior: 3.3Valuation: 2.5 5 -4 -3 -2 -1 -













Citizens Financial Group (NYSE:CFG) Frequently Asked Questions

Is Citizens Financial Group a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Citizens Financial Group in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Citizens Financial Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CFG, but not buy additional shares or sell existing shares.
View analyst ratings for Citizens Financial Group
or view top-rated stocks.

Are investors shorting Citizens Financial Group?

Citizens Financial Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 8,820,000 shares, an increase of 41.1% from the April 30th total of 6,250,000 shares. Based on an average daily trading volume, of 6,750,000 shares, the days-to-cover ratio is presently 1.3 days.
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 Tuesday, July 19th 2022.
View our earnings forecast for Citizens Financial Group
.

How were Citizens Financial Group's earnings last quarter?

Citizens Financial Group, Inc. (NYSE:CFG) issued its quarterly earnings data on Tuesday, April, 19th. The bank reported $0.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.91 by $0.02. The bank had revenue of $1.65 billion for the quarter, compared to analysts' expectations of $1.63 billion. Citizens Financial Group had a net margin of 30.67% and a trailing twelve-month return on equity of 10.69%. Citizens Financial Group's revenue for the quarter was down .8% on a year-over-year basis. During the same period last year, the firm posted $1.41 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 Tuesday, April 19th. Investors of record on Tuesday, May 3rd will be given a dividend of $0.39 per share on Tuesday, May 17th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.82%. The ex-dividend date is Monday, May 2nd.
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 3.82%. The dividend payout ratio of Citizens Financial Group is 33.05%. 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 29.71% 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 declared that its board has authorized a stock repurchase plan on Wednesday, January 20th 2021, which allows the company to repurchase $750,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 4.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its shares are undervalued.

What price target have analysts set for CFG?

10 brokers have issued 12 month price targets for Citizens Financial Group's stock. Their forecasts range from $33.00 to $65.00. On average, they anticipate Citizens Financial Group's stock price to reach $54.80 in the next year. This suggests a possible upside of 34.1% 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:
  • Mr. Bruce Winfield Van Saun, CEO & Chairman (Age 65)
  • Mr. John F. Woods, Vice Chairman & CFO (Age 58, Pay $1.83M)
  • Mr. Donald H. McCree III, Vice Chairman & Head of Commercial Banking Division (Age 60, Pay $1.78M)
  • Mr. Malcolm D. Griggs, Chief Risk Officer (Age 61, Pay $1.31M)
  • Mr. Brendan Coughlin, Exec. VP & Head of Consumer Banking (Age 42, Pay $1.26M) (LinkedIn Profile)
  • Mr. Craig Jack Read, Exec. VP, Chief Accounting Officer & Controller (Age 53)
  • Mr. Michael Ruttledge, Exec. VP, Chief Information Officer & Head of Technology Services (Age 53)
  • Ms. Kristin Silberberg, Head of Investor Relations
  • Ms. Polly N. Klane, Gen. Counsel & Chief Legal Officer
  • Ms. Susan LaMonica, Exec. VP & Chief HR Officer (Age 60)
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.

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 variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.86%), BlackRock Inc. (8.24%), Capital International Investors (5.70%), State Street Corp (4.79%), Capital World Investors (3.84%) and Invesco Ltd. (3.46%). Company insiders that own Citizens Financial Group stock include Brendan Coughlin and Terrance Lillis.
View institutional ownership trends for Citizens Financial Group
.

Which major investors are selling Citizens Financial Group stock?

CFG stock was sold by a variety of institutional investors in the last quarter, including First Republic Investment Management Inc., Invesco Ltd., Capital International Investors, Capital Group Private Client Services Inc., Canada Pension Plan Investment Board, State Street Corp, Truist Financial Corp, and Allianz Asset Management GmbH.
View insider buying and selling activity for Citizens Financial Group
or view top insider-selling stocks.

Which major investors are buying Citizens Financial Group stock?

CFG stock was acquired by a variety of institutional investors in the last quarter, including Capital World Investors, First Trust Advisors LP, Scout Investments Inc., Qube Research & Technologies Ltd, SeaTown Holdings Pte. Ltd., KBC Group NV, APG Asset Management N.V., and BlackRock Inc..
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.
Compare Top Brokerages Here.

What is Citizens Financial Group's stock price today?

One share of CFG stock can currently be purchased for approximately $40.87.

How much money does Citizens Financial Group make?

Citizens Financial Group has a market capitalization of $20.25 billion and generates $6.99 billion in revenue each year. The bank earns $2.32 billion in net income (profit) each year or $4.719990 on an earnings per share basis.

How many employees does Citizens Financial Group have?

Citizens Financial Group employs 17,463 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.

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 (203) 900-6715 or via email at [email protected].

This page was last updated on 5/29/2022 by MarketBeat.com Staff

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