What is DA Davidson’s Estimate for CFG Q1 Earnings?

Citizens Financial Group, Inc. (NYSE:CFG) – DA Davidson issued their Q1 2025 EPS estimates for Citizens Financial Group in a research note issued on Monday, January 20th. DA Davidson analyst P. Winter forecasts that the bank will post earnings per share of $0.76 for the quarter. DA Davidson currently has a “Buy” rating and a $48.00 price target on the stock. The consensus estimate for Citizens Financial Group’s current full-year earnings is $3.84 per share.

Several other brokerages have also issued reports on CFG. Barclays upped their price target on Citizens Financial Group from $47.00 to $52.00 and gave the company an “equal weight” rating in a research note on Monday, January 6th. The Goldman Sachs Group raised their price target on Citizens Financial Group from $48.00 to $59.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. StockNews.com raised shares of Citizens Financial Group from a “sell” rating to a “hold” rating in a research report on Thursday, October 17th. Keefe, Bruyette & Woods increased their target price on Citizens Financial Group from $53.00 to $56.00 and gave the stock a “market perform” rating in a report on Tuesday. Finally, Raymond James restated a “strong-buy” rating and issued a $58.00 price target (up from $55.00) on shares of Citizens Financial Group in a report on Tuesday. Nine investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Citizens Financial Group presently has an average rating of “Moderate Buy” and a consensus target price of $49.00.

Citizens Financial Group Trading Down 2.6 %

Shares of CFG stock opened at $47.06 on Tuesday. The firm has a 50-day moving average price of $45.70 and a 200 day moving average price of $42.88. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.56. Citizens Financial Group has a 12-month low of $30.24 and a 12-month high of $49.25. The company has a market capitalization of $20.74 billion, a P/E ratio of 15.53, a P/E/G ratio of 1.42 and a beta of 1.10.

Citizens Financial Group (NYSE:CFG) last issued its earnings results on Friday, January 17th. The bank reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. Citizens Financial Group had a return on equity of 6.75% and a net margin of 12.21%. The business had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1,962,330 billion. During the same period in the prior year, the company posted $0.85 earnings per share. Citizens Financial Group’s revenue was down .1% on a year-over-year basis.

Hedge Funds Weigh In On Citizens Financial Group

Institutional investors and hedge funds have recently modified their holdings of the stock. American Century Companies Inc. grew its stake in Citizens Financial Group by 2.6% in the 2nd quarter. American Century Companies Inc. now owns 204,454 shares of the bank’s stock valued at $7,366,000 after buying an additional 5,191 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Citizens Financial Group by 3.0% during the second quarter. Envestnet Asset Management Inc. now owns 606,290 shares of the bank’s stock worth $21,845,000 after purchasing an additional 17,755 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in Citizens Financial Group by 115.2% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 98,765 shares of the bank’s stock worth $3,559,000 after purchasing an additional 52,880 shares during the last quarter. Intech Investment Management LLC boosted its stake in Citizens Financial Group by 104.9% in the 2nd quarter. Intech Investment Management LLC now owns 11,359 shares of the bank’s stock valued at $409,000 after purchasing an additional 5,815 shares during the period. Finally, Pacer Advisors Inc. grew its holdings in Citizens Financial Group by 4.3% in the 2nd quarter. Pacer Advisors Inc. now owns 33,751 shares of the bank’s stock valued at $1,216,000 after buying an additional 1,379 shares in the last quarter. 94.90% of the stock is currently owned by institutional investors and hedge funds.

Citizens Financial Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be given a dividend of $0.42 per share. The ex-dividend date is Friday, January 31st. This represents a $1.68 dividend on an annualized basis and a yield of 3.57%. Citizens Financial Group’s dividend payout ratio (DPR) is 55.45%.

About Citizens Financial Group

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.