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

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

Citizens Financial Group announced a quarterly dividend on Monday, July 23rd. Investors of record on Wednesday, August 1st will be paid 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 2.65%. The ex-dividend date of this dividend is Tuesday, July 31st. This is an increase from Citizens Financial Group's previous quarterly dividend of $0.22. View Citizens Financial Group's Dividend History.

Citizens Financial Group announced that its board has approved a share repurchase plan on Thursday, June 29th 2017, which authorizes the company to repurchase $850,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 4.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued.

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

Citizens Financial Group is scheduled to release their next quarterly earnings announcement on Friday, October, 19th 2018. View Earnings Estimates for Citizens Financial Group.

11 Wall Street analysts have issued 1 year target prices for Citizens Financial Group's stock. Their forecasts range from $34.00 to $53.00. On average, they expect Citizens Financial Group's share price to reach $46.5556 in the next year. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Price Targets 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.

Citizens Financial Group saw a increase in short interest in July. As of July 13th, there was short interest totalling 13,170,976 shares, an increase of 100.7% from the June 29th total of 6,562,906 shares. Based on an average daily volume of 3,874,536 shares, the days-to-cover ratio is currently 3.4 days. Approximately 2.7% of the company's stock are sold short. View Citizens Financial Group's Current Options Chain.

Some companies that are related to Citizens Financial Group include Itau Unibanco (ITUB), Bank of Nova Scotia (BNS), Bank of New York Mellon (BK), Banco Bradesco (BBD), State Street (STT), M&T Bank (MTB), Deutsche Bank (DB), Northern Trust (NTRS), BANCO BRADESCO/S (BBDO), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Signature Bank (SBNY) and Western Alliance Bancorporation (WAL).

Media stories about CFG stock have been trending somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Citizens Financial Group earned a media and rumor sentiment score of 0.03 on Accern's scale. They also assigned media coverage about the bank an impact score of 45.46 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Citizens Financial Group.

Citizens Financial Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.66%), LSV Asset Management (1.55%), Victory Capital Management Inc. (1.06%), Janus Henderson Group PLC (0.94%), Bank of New York Mellon Corp (0.81%) and Bank of America Corp DE (0.78%). 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.

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.

CFG stock was bought 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.

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.

One share of CFG stock can currently be purchased for approximately $40.69.

Citizens Financial Group has a market capitalization of $19.17 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.

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]