Zacks Research Has Positive Outlook of CFG FY2025 Earnings

Citizens Financial Group, Inc. (NYSE:CFG) – Equities researchers at Zacks Research raised their FY2025 EPS estimates for Citizens Financial Group in a research note issued to investors on Wednesday, November 5th. Zacks Research analyst Team now expects that the bank will earn $3.83 per share for the year, up from their previous estimate of $3.78. The consensus estimate for Citizens Financial Group’s current full-year earnings is $3.92 per share. Zacks Research also issued estimates for Citizens Financial Group’s Q4 2025 earnings at $1.09 EPS, Q2 2026 earnings at $1.16 EPS, Q3 2026 earnings at $1.23 EPS, Q4 2026 earnings at $1.37 EPS, FY2026 earnings at $4.74 EPS, Q1 2027 earnings at $1.35 EPS, Q3 2027 earnings at $1.43 EPS and FY2027 earnings at $5.74 EPS.

Several other research firms have also issued reports on CFG. Barclays increased their target price on shares of Citizens Financial Group from $55.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 16th. Raymond James Financial set a $62.00 price target on shares of Citizens Financial Group and gave the stock a “strong-buy” rating in a research report on Tuesday, October 7th. JPMorgan Chase & Co. upgraded shares of Citizens Financial Group from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $48.50 to $52.00 in a research report on Friday, August 1st. Truist Financial reduced their price target on shares of Citizens Financial Group from $58.00 to $56.00 and set a “hold” rating for the company in a research report on Friday, October 17th. Finally, Citigroup upped their price target on shares of Citizens Financial Group from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, September 19th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $56.57.

Citizens Financial Group Trading Up 1.4%

CFG stock opened at $51.45 on Thursday. The company’s 50-day simple moving average is $51.83 and its 200-day simple moving average is $46.64. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.44. Citizens Financial Group has a 52-week low of $32.60 and a 52-week high of $55.24. The firm has a market cap of $22.19 billion, a P/E ratio of 14.41, a PEG ratio of 0.54 and a beta of 0.82.

Citizens Financial Group (NYSE:CFG) last posted its quarterly earnings results on Wednesday, October 15th. The bank reported $1.05 EPS for the quarter, beating the consensus estimate of $1.03 by $0.02. Citizens Financial Group had a net margin of 14.17% and a return on equity of 7.48%. The company had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.10 billion. During the same period in the prior year, the company earned $0.79 earnings per share. The firm’s revenue was up 11.4% on a year-over-year basis.

Hedge Funds Weigh In On Citizens Financial Group

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Citizens Financial Group by 0.4% during the 2nd quarter. Vanguard Group Inc. now owns 51,548,977 shares of the bank’s stock worth $2,306,817,000 after purchasing an additional 209,467 shares during the period. Invesco Ltd. boosted its position in shares of Citizens Financial Group by 1.2% during the 2nd quarter. Invesco Ltd. now owns 23,671,355 shares of the bank’s stock worth $1,059,293,000 after purchasing an additional 283,321 shares during the period. Fuller & Thaler Asset Management Inc. boosted its position in shares of Citizens Financial Group by 7.2% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 10,380,605 shares of the bank’s stock worth $425,293,000 after purchasing an additional 697,494 shares during the period. AQR Capital Management LLC boosted its position in shares of Citizens Financial Group by 19.1% during the 1st quarter. AQR Capital Management LLC now owns 7,366,754 shares of the bank’s stock worth $294,007,000 after purchasing an additional 1,180,390 shares during the period. Finally, Royal Bank of Canada boosted its position in shares of Citizens Financial Group by 8.9% during the 1st quarter. Royal Bank of Canada now owns 6,801,856 shares of the bank’s stock worth $278,672,000 after purchasing an additional 554,618 shares during the period. Hedge funds and other institutional investors own 94.90% of the company’s stock.

Citizens Financial Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Investors of record on Wednesday, October 29th will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Wednesday, October 29th. This is an increase from Citizens Financial Group’s previous quarterly dividend of $0.42. Citizens Financial Group’s dividend payout ratio is 51.54%.

Citizens Financial Group Company Profile

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.