Citizens Financial Group Inc (NYSE:CFG) has a beta value of 1.33 and has seen 3.34 million shares traded in the recent trading session. The company, currently valued at $19.39B, closed the recent trade at $43.25 per share which meant it lost -$0.23 on the day or -0.53% during that session. The CFG stock price is -2.64% off its 52-week high price of $44.39 and 47.35% above the 52-week low of $22.77. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.4 million shares traded. The 3-month trading volume is 5.42 million shares.
The consensus among analysts is that Citizens Financial Group Inc (CFG) is Buy stock at the moment, with a recommendation rating of 2.05. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 9 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.79.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Citizens Financial Group Inc (NYSE:CFG) trade information
Sporting -0.53% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CFG stock price touched $43.25 or saw a rise of 2.57%. Year-to-date, Citizens Financial Group Inc shares have moved 30.51%, while the 5-day performance has seen it change 4.29%. Over the past 30 days, the shares of Citizens Financial Group Inc (NYSE:CFG) have changed 6.68%. Short interest in the company has seen 14.27 million shares shorted with days to cover at 2.77.
Wall Street analysts have a consensus price target for the stock at $49, which means that the shares’ value could jump 11.73% from the levels at last check today. The projected low price target is $33.0 while the price target rests at a high of $65.0. In that case, then, we find that the latest price level in today’s session is -50.29% off the targeted high while a plunge would see the stock lose 23.7% from the levels at last check today.
Citizens Financial Group Inc (CFG) estimates and forecasts
Figures show that Citizens Financial Group Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 30.98% over the past 6 months, with this year growth rate of 3.19%, compared to -10.70% for the industry. Revenue growth from the last financial year stood is estimated to be -4.80%.
16 analysts offering their estimates for the company have set an average revenue estimate of 1.94B for the current quarter. 15 have an estimated revenue figure of 1.97B for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -2.34% over the past 5 years. Earnings growth for 2024 is a modest -1.29% while over the next 5 years, the company’s earnings are expected to increase by 9.07%.
CFG Dividends
Citizens Financial Group Inc is expected to release its next earnings report on 2024-Oct-16 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.68 at a share yield of 3.88%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.59%.
Citizens Financial Group Inc (NYSE:CFG)’s Major holders
Insiders own 0.68% of the company shares, while shares held by institutions stand at 94.18% with a share float percentage of 94.82%. Investors are also buoyed by the number of investors in a company, with Citizens Financial Group Inc having a total of 1062.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 55.36 million shares worth more than $1.99 billion. As of 2024-06-30, BLACKROCK INC. held 12.0003% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 52.29 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.88 billion and represent 11.3348% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of Jun 30, 2024, the former fund manager holds about 3.05% shares in the company for having 13.59 shares of worth $590.76 million while later fund manager owns 11.68 shares of worth $507.74 million as of Jun 30, 2024, which makes it owner of about 2.62% of company’s outstanding stock.
