Citizens Financial Group (NYSE:CFG) Price Target Raised to $72.00 at Keefe, Bruyette & Woods

Citizens Financial Group (NYSE:CFG) had its price objective hoisted by Keefe, Bruyette & Woods from $70.00 to $72.00 in a research note released on Friday,Benzinga reports. Keefe, Bruyette & Woods currently has an outperform rating on the bank’s stock.

Other research analysts have also issued research reports about the company. Argus increased their price objective on Citizens Financial Group from $60.00 to $72.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Royal Bank Of Canada boosted their target price on Citizens Financial Group from $60.00 to $67.00 and gave the stock an “outperform” rating in a report on Thursday, January 22nd. Raymond James Financial cut Citizens Financial Group from a “strong-buy” rating to an “outperform” rating and upped their target price for the stock from $62.00 to $66.00 in a research report on Wednesday, January 7th. Cantor Fitzgerald reiterated an “overweight” rating and set a $75.00 price target on shares of Citizens Financial Group in a report on Tuesday, March 3rd. Finally, Truist Financial dropped their price target on shares of Citizens Financial Group from $71.00 to $63.00 and set a “hold” rating on the stock in a research report on Monday, March 23rd. Nineteen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $70.90.

Citizens Financial Group Stock Up 0.0%

CFG stock opened at $64.42 on Friday. The firm has a market cap of $27.38 billion, a PE ratio of 15.23, a PEG ratio of 0.52 and a beta of 0.70. Citizens Financial Group has a 1 year low of $33.95 and a 1 year high of $68.79. The company has a fifty day simple moving average of $61.40 and a 200 day simple moving average of $58.05. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.51.

Citizens Financial Group (NYSE:CFG) last posted its earnings results on Thursday, April 16th. The bank reported $1.13 EPS for the quarter, topping the consensus estimate of $1.10 by $0.03. Citizens Financial Group had a net margin of 16.21% and a return on equity of 8.31%. The firm had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same period in the prior year, the business posted $0.77 earnings per share. The business’s quarterly revenue was up 12.0% on a year-over-year basis. Sell-side analysts anticipate that Citizens Financial Group will post 3.92 EPS for the current fiscal year.

Citizens Financial Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 14th. Investors of record on Thursday, April 30th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, April 30th. Citizens Financial Group’s payout ratio is currently 47.55%.

Insiders Place Their Bets

In other Citizens Financial Group news, insider Susan Lamonica sold 13,258 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $58.04, for a total value of $769,494.32. Following the sale, the insider owned 165,971 shares of the company’s stock, valued at $9,632,956.84. This trade represents a 7.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.67% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Citizens Financial Group in the fourth quarter worth $26,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Citizens Financial Group during the fourth quarter worth $29,000. Activest Wealth Management raised its stake in Citizens Financial Group by 5,600.0% during the 4th quarter. Activest Wealth Management now owns 513 shares of the bank’s stock valued at $30,000 after purchasing an additional 504 shares during the last quarter. True Wealth Design LLC raised its stake in Citizens Financial Group by 891.5% during the 3rd quarter. True Wealth Design LLC now owns 585 shares of the bank’s stock valued at $31,000 after purchasing an additional 526 shares during the last quarter. Finally, DV Equities LLC bought a new stake in Citizens Financial Group in the 4th quarter valued at $35,000. 94.90% of the stock is currently owned by institutional investors and hedge funds.

Citizens Financial Group News Summary

Here are the key news stories impacting Citizens Financial Group this week:

• Positive Sentiment: Q1 beat: CFG reported EPS $1.13 and revenue $2.17B, with net income up ~39% YoY and strong YoY EPS growth — core drivers were NII and fee income. This is the primary near‑term catalyst for the stock. TMCNet Q1 Results
• Positive Sentiment: Margin expansion & private banking: Analysts and commentary highlight margin expansion and growth in private/wealth channels as sustainable earnings levers, supporting higher earnings estimates. Seeking Alpha Margin Expansion
• Positive Sentiment: Analyst upgrades/price target raises: Multiple firms raised targets (RBC to $70/outperform; Keefe Bruyette & Woods to $72/outperform; Truist to $69/hold), signaling ~7–12% upside from current levels and likely supporting buying interest. Benzinga TickerReport The Fly
• Positive Sentiment: Dividend declared: CFG announced a quarterly dividend of $0.46 (annualized yield ~2.9%) with an ex‑dividend date of Apr 30 — supports income investors and base valuation.
• Neutral Sentiment: Earnings call & deep dive coverage: Transcripts and analyst deep dives (earnings slide deck and call transcripts) provide more detail on capital deployment, credit trends and guidance; useful for modeling forward EPS. Earnings Call Transcript Yahoo Deep Dive
• Negative Sentiment: Rising expenses & uncertainty: Some coverage flagged higher operating expenses and geopolitical/market uncertainty, which trimmed pre‑market gains despite the beat and could pressure near‑term margins if the trend continues. Zacks on Expenses

About Citizens Financial Group

Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.