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

Company Overview

Citizens Financial Group, Inc. operates as the bank holding company 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 corporate banking, healthcare, technology, asset finance, franchise finance, leasing, asset-based lending, commercial real estate, mid-corporate, and private equity sponsor industries. 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.

Key Stats

• Today's Range: $45.76 to $46.34
• 50-Day Range: $39.71 to $48.31
• 52-Week Range: $26.13 to $48.35
• Volume: 2.42 million shs
• Average Volume: 4.32 million shs
• Market Capitalization: $20.33 billion
• P/E Ratio: 18.16
• Dividend Yield: 3.64%
• Price Target: $43.80
• Consensus Rating: Moderate Buy

Citizens Financial Group Stock Analysis - MarketRank™

Citizens Financial Group scored higher than 93% of companies evaluated by MarketBeat, and ranked 110th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Citizens Financial Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 8 buy ratings, 8 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Citizens Financial Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 20.94%

Earnings Growth

Earnings for Citizens Financial Group are expected to grow by 20.94% in the coming year, from $3.20 to $3.87 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Citizens Financial Group is 18.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Citizens Financial Group is 18.16, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.55.

Price to Earnings Growth Ratio

Citizens Financial Group has a PEG Ratio of 1.75. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Citizens Financial Group has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.27% of the outstanding shares of Citizens Financial Group have been sold short.

Short Interest Ratio / Days to Cover

Citizens Financial Group has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Citizens Financial Group has recently decreased by 21.81%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Citizens Financial Group is a leading dividend payer. It pays a dividend yield of 3.65%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Citizens Financial Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Citizens Financial Group is 66.14%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Citizens Financial Group will have a dividend payout ratio of 43.41% next year. This indicates that Citizens Financial Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.27% of the outstanding shares of Citizens Financial Group have been sold short.

Short Interest Ratio / Days to Cover

Citizens Financial Group has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Citizens Financial Group has recently decreased by 21.81%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 4.2 / 5
• News Sentiment: 1.55

News Sentiment

Citizens Financial Group has a news sentiment score of 1.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Citizens Financial Group this week, compared to 8 articles on an average week.

Search Interest

13 people have searched for CFG on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.

MarketBeat Follows

10 people have added Citizens Financial Group to their MarketBeat watchlist in the last 30 days. This is an increase of 233% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Citizens Financial Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.62% of the stock of Citizens Financial Group is held by insiders.

Percentage Held by Institutions

94.90% of the stock of Citizens Financial Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CFG Stock Analysis - Frequently Asked Questions

How have CFG shares performed this year?

Citizens Financial Group's stock was trading at $33.14 on January 1st, 2024. Since then, CFG stock has increased by 39.2% and is now trading at $46.12.
View the best growth stocks for 2024 here.

How were Citizens Financial Group's earnings last quarter?

Citizens Financial Group, Inc. (NYSE:CFG) released its quarterly earnings results on Wednesday, October, 16th. The bank reported $0.79 EPS for the quarter, hitting analysts' consensus estimates of $0.79. The company's revenue was down 5.6% compared to the same quarter last year.
Read the conference call transcript.

Is Citizens Financial Group buying back stock?

Citizens Financial Group's board initiated a stock buyback program on Friday, February 17th 2023, which authorizes the company to buy back $1,150,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 5.6% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

Does Citizens Financial Group have any subsidiaries?

The following companies are subsidiaries of Citizens Financial Group: Trinity Capital, Clarfeld Financial Advisors LLC, Franklin American Mortgage Company, Western Reserve Partners, 1215 Financial Center Associates Ltd., 5801 Southfield Service Drive Corp., CFG Service Corp., and more.

Who are Citizens Financial Group's major shareholders?

Citizens Financial Group's top institutional shareholders include State Street Corp (5.86%), Geode Capital Management LLC (2.45%), Hotchkis & Wiley Capital Management LLC (2.09%) and Wellington Management Group LLP (1.88%). Insiders that own company stock include Kevin Cummings, Shivan S Subramaniam, Craig Jack Read and Terrance Lillis.
View institutional ownership trends.

How do I buy shares of Citizens Financial Group?

Shares of CFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Citizens Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Citizens Financial Group investors own include Humana (HUM), Verizon Communications (VZ), American Water Works (AWK), Salesforce (CRM), Waste Connections (WCN), NVIDIA (NVDA) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 10/16/2024
• Ex-Dividend for 11/13 Dividend: 10/30/2024
• Dividend Payable: 11/13/2024
• Today: 11/21/2024
• Next Earnings (Confirmed): 12/31/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NYSE:CFG
• CUSIP: N/A
• CIK: 759944
• Web: www.citizensbank.com
• Phone: (203) 900-6715
• Fax: N/A
• Employees: 17,570
• Year Founded: 1828

Price Target and Rating

• Average Stock Price Target: $43.80
• High Stock Price Target: $50.00
• Low Stock Price Target: $35.00
• Potential Upside/Downside: -5.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 16 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.54
• Trailing P/E Ratio: 18.16
• Forward P/E Ratio: 14.41
• P/E Growth: 1.78
• Net Income: $1.61 billion
• Net Margins: 10.37%
• Pretax Margin: 12.68%
• Return on Equity: 5.73%
• Return on Assets: 0.58%

Debt

• Debt-to-Equity Ratio: 0.61
• Current Ratio: 0.87
• Quick Ratio: 0.86

Sales & Book Value

• Annual Sales: $12.19 billion
• Price / Sales: 1.67
• Cash Flow: $4.41 per share
• Price / Cash Flow: 10.45
• Book Value: $47.89 per share
• Price / Book: 0.96

Miscellaneous

• Outstanding Shares: 440,700,000
• Free Float: 437,969,000
• Market Cap: $20.33 billion
• Optionable: Optionable
• Beta: 1.07