Zacks Research Has Pessimistic Outlook of CFG Q1 Earnings

Citizens Financial Group, Inc. (NYSE:CFG) – Zacks Research reduced their Q1 2025 earnings estimates for shares of Citizens Financial Group in a note issued to investors on Tuesday, March 18th. Zacks Research analyst R. Department now forecasts that the bank will earn $0.73 per share for the quarter, down from their prior 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.

Citizens Financial Group (NYSE:CFG) last released its quarterly earnings data on Friday, January 17th. The bank reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. Citizens Financial Group had a net margin of 12.21% and a return on equity of 6.75%. The company had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.96 billion. During the same quarter in the prior year, the firm earned $0.85 EPS. The business’s revenue was down .1% on a year-over-year basis.

CFG has been the topic of several other research reports. Truist Financial raised their price target on shares of Citizens Financial Group from $49.00 to $54.00 and gave the company a “hold” rating in a research report on Tuesday, January 21st. Morgan Stanley dropped their price target 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. Raymond James reaffirmed a “strong-buy” rating and issued a $58.00 price target (up previously from $55.00) on shares of Citizens Financial Group in a research report on Tuesday, January 21st. The Goldman Sachs Group lifted their target price on shares of Citizens Financial Group from $48.00 to $59.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Finally, Keefe, Bruyette & Woods lifted their target price on shares of Citizens Financial Group from $53.00 to $56.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 21st. Nine research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $49.22.

Citizens Financial Group Price Performance

Shares of NYSE CFG opened at $41.34 on Thursday. Citizens Financial Group has a fifty-two week low of $32.06 and a fifty-two week high of $49.25. The stock has a market cap of $18.07 billion, a price-to-earnings ratio of 13.64, a PEG ratio of 0.81 and a beta of 1.06. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.85 and a current ratio of 0.85. The firm’s 50-day simple moving average is $45.24 and its 200 day simple moving average is $44.13.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. CHURCHILL MANAGEMENT Corp purchased a new position in shares of Citizens Financial Group during the 4th quarter valued at $8,134,000. BTC Capital Management Inc. lifted its holdings in shares of Citizens Financial Group by 19.8% during the 4th quarter. BTC Capital Management Inc. now owns 42,999 shares of the bank’s stock worth $1,882,000 after acquiring an additional 7,119 shares during the last quarter. Patton Fund Management Inc. bought a new stake in shares of Citizens Financial Group during the 4th quarter worth $6,694,000. AEGON ASSET MANAGEMENT UK Plc lifted its holdings in shares of Citizens Financial Group by 46.8% during the 4th quarter. AEGON ASSET MANAGEMENT UK Plc now owns 1,152,151 shares of the bank’s stock worth $50,430,000 after acquiring an additional 367,439 shares during the last quarter. Finally, Nordea Investment Management AB lifted its holdings in shares of Citizens Financial Group by 19.3% during the 4th quarter. Nordea Investment Management AB now owns 4,974,434 shares of the bank’s stock worth $217,781,000 after acquiring an additional 805,758 shares during the last quarter. 94.90% of the stock is currently owned by hedge funds and other institutional investors.

Citizens Financial Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, January 31st were given a dividend of $0.42 per share. The ex-dividend date was Friday, January 31st. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.06%. Citizens Financial Group’s dividend payout ratio (DPR) is currently 55.45%.

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.