News headlines about Citizens Financial Group (NYSE:CFG) have trended positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Citizens Financial Group earned a daily sentiment score of 0.40 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 47.541730631018 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Citizens Financial Group (NYSE:CFG) traded up $0.91 during mid-day trading on Monday, reaching $43.96. The company’s stock had a trading volume of 4,363,457 shares, compared to its average volume of 5,213,918. The stock has a market capitalization of $21,580.00, a P/E ratio of 13.44, a P/E/G ratio of 0.72 and a beta of 1.39. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.59. Citizens Financial Group has a 52 week low of $31.51 and a 52 week high of $48.23.
Citizens Financial Group (NYSE:CFG) last issued its quarterly earnings results on Friday, January 19th. The bank reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.04. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.45 billion. Citizens Financial Group had a return on equity of 6.73% and a net margin of 25.60%. Citizens Financial Group’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.55 earnings per share. equities research analysts anticipate that Citizens Financial Group will post 3.36 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be given a dividend of $0.22 per share. The ex-dividend date is Wednesday, January 31st. This represents a $0.88 dividend on an annualized basis and a yield of 2.00%. This is an increase from Citizens Financial Group’s previous quarterly dividend of $0.18. Citizens Financial Group’s dividend payout ratio is currently 26.91%.
A number of analysts have recently commented on CFG shares. TheStreet upgraded Citizens Financial Group from a “c” rating to an “a+” rating in a research note on Monday, November 27th. Sanford C. Bernstein set a $52.00 target price on Citizens Financial Group and gave the stock a “buy” rating in a research note on Monday, January 22nd. Zacks Investment Research upgraded Citizens Financial Group from a “hold” rating to a “buy” rating and set a $43.00 target price on the stock in a research note on Wednesday, October 25th. Barclays upped their target price on Citizens Financial Group from $39.00 to $41.00 and gave the stock an “equal weight” rating in a research note on Monday, October 23rd. Finally, Royal Bank of Canada restated a “hold” rating and issued a $45.00 target price on shares of Citizens Financial Group in a research note on Sunday, January 21st. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $42.36.
In other Citizens Financial Group news, Director Wendy A. Watson sold 4,000 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $40.31, for a total transaction of $161,240.00. Following the transaction, the director now owns 12,917 shares in the company, valued at $520,684.27. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.21% of the company’s stock.
About Citizens Financial Group
Citizens Financial Group, Inc is a retail bank holding company. The Company operates through two segments: Consumer Banking and Commercial Banking. Its Consumer Banking serves retail customers and small businesses. Consumer Banking products and services include deposit products, mortgage and home equity lending, auto financing, student loans, personal unsecured lines and loans, credit cards, business loans, wealth management and investment services.
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