Q1 EPS Estimate for Citizens Financial Group Cut by Analyst

Citizens Financial Group, Inc. (NYSE:CFGFree Report) – Equities researchers at Zacks Research lowered their Q1 2025 earnings estimates for shares of Citizens Financial Group in a report issued on Tuesday, March 18th. Zacks Research analyst R. Department now anticipates that the bank will post earnings of $0.73 per share for the quarter, down from their previous forecast of $0.75. 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 Q2 2025 earnings at $0.89 EPS, Q3 2025 earnings at $1.00 EPS, FY2025 earnings at $3.67 EPS, Q1 2026 earnings at $1.06 EPS, Q2 2026 earnings at $1.14 EPS, Q3 2026 earnings at $1.21 EPS, Q4 2026 earnings at $1.33 EPS, FY2026 earnings at $4.74 EPS and FY2027 earnings at $6.60 EPS.

Several other brokerages have also recently commented on CFG. Compass Point boosted their price target on shares of Citizens Financial Group from $45.00 to $57.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Morgan Stanley decreased their target price on shares of Citizens Financial Group from $60.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 13th. Barclays upped their target price on shares of Citizens Financial Group from $47.00 to $52.00 and gave the company an “equal weight” rating in a research report on Monday, January 6th. Raymond James restated a “strong-buy” rating and set a $58.00 target price (up from $55.00) on shares of Citizens Financial Group in a research report on Tuesday, January 21st. Finally, Stephens restated an “overweight” rating and set a $53.00 target price on shares of Citizens Financial Group in a research report on Wednesday, January 29th. Nine investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $49.06.

Check Out Our Latest Stock Analysis on Citizens Financial Group

Citizens Financial Group Stock Up 0.5 %

Shares of CFG stock opened at $41.19 on Thursday. The stock has a market cap of $18.00 billion, a P/E ratio of 13.59, a PEG ratio of 0.81 and a beta of 1.06. Citizens Financial Group has a 52 week low of $32.06 and a 52 week high of $49.25. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.56. The company’s fifty day simple moving average is $45.12 and its two-hundred day simple moving average is $44.10.

Citizens Financial Group (NYSE:CFGGet Free Report) last announced its quarterly earnings results on Friday, January 17th. The bank reported $0.85 EPS for the quarter, topping the consensus estimate of $0.83 by $0.02. The business had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.96 billion. Citizens Financial Group had a net margin of 12.21% and a return on equity of 6.75%. The business’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.85 EPS.

Citizens Financial Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were paid a $0.42 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $1.68 dividend on an annualized basis and a yield of 4.08%. Citizens Financial Group’s dividend payout ratio is currently 55.45%.

Hedge Funds Weigh In On Citizens Financial Group

A number of hedge funds have recently added to or reduced their stakes in CFG. Ameriflex Group Inc. bought a new position in Citizens Financial Group in the 4th quarter worth about $26,000. Ameliora Wealth Management Ltd. bought a new position in shares of Citizens Financial Group during the fourth quarter valued at approximately $28,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Citizens Financial Group during the fourth quarter valued at approximately $28,000. Colonial Trust Co SC boosted its stake in shares of Citizens Financial Group by 673.0% during the fourth quarter. Colonial Trust Co SC now owns 889 shares of the bank’s stock valued at $39,000 after purchasing an additional 774 shares in the last quarter. Finally, Sierra Ocean LLC bought a new position in shares of Citizens Financial Group during the fourth quarter valued at approximately $47,000. 94.90% of the stock is currently owned by institutional investors.

About Citizens Financial Group

(Get Free Report)

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.

See Also

Earnings History and Estimates for Citizens Financial Group (NYSE:CFG)

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