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 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.

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.

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.

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 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.

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 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.

Some companies that are related to Citizens Financial Group include Bank of Nova Scotia (BNS), Itau Unibanco (ITUB), 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 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.

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.

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 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.

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 $40.42.

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.

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]