Gains May Be On The Menu For Citizens Financial Group Inc (NYSE: CFG)

Currently, there are 440.54M common shares owned by the public and among those 435.62M shares have been available to trade.

The company’s stock has a 5-day price change of 0.28% and 2.48% over the past three months. CFG shares are trading 7.79% year to date (YTD), with the 12-month market performance up to 50.37% higher. It has a 12-month low price of $30.24 and touched a high of $49.25 over the same period. CFG has an average intraday trading volume of 3.75 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.44%, 2.58%, and 14.27% respectively.

Institutional ownership of Citizens Financial Group Inc (NYSE: CFG) shares accounts for 96.02% of the company’s 440.54M shares outstanding.

It has a market capitalization of $20.79B and a beta (3y monthly) value of 1.32. The stock’s trailing 12-month PE ratio is 15.56, while the earnings-per-share (ttm) stands at $3.03. The company has a PEG of 0.59 and the debt-to-equity ratio at 0.51. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.08% over the week and 2.41% over the month.

Analysts forecast that Citizens Financial Group Inc (CFG) will achieve an EPS of 0.77 for the current quarter, 0.93 for the next quarter and 4.98 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.73 while analysts give the company a high EPS estimate of 0.73. Comparatively, EPS for the current quarter was 0.79 a year ago. Earnings per share for the fiscal year are expected to increase by 26.50%, and 30.22% over the next financial year. EPS should grow at an annualized rate of 26.44% over the next five years, compared to -4.47% over the past 5-year period.

Looking at the support for the CFG, a number of firms have released research notes about the stock. Raymond James stated their Strong Buy rating for the stock in a research note on December 18, 2024, with the firm’s price target at $55. Piper Sandler was of a view on April 26, 2024 that the stock is Overweight, while Citigroup gave the stock Buy rating on February 05, 2024, issuing a price target of $36. Barclays on their part issued Equal Weight rating on January 02, 2024.

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