Citizens Financial Group (NYSE:CFG) is scheduled to release its earnings data on Thursday, January 18th.
Citizens Financial Group (NYSE:CFG) last announced its quarterly earnings results on Friday, October 20th. The bank reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.04. The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.43 billion. Citizens Financial Group had a return on equity of 6.44% and a net margin of 20.26%. The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.52 earnings per share. On average, analysts expect Citizens Financial Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Citizens Financial Group (NYSE:CFG) opened at $44.90 on Thursday. The stock has a market capitalization of $22,090.00, a price-to-earnings ratio of 18.18, a PEG ratio of 0.99 and a beta of 1.37. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.67. Citizens Financial Group has a 1-year low of $31.51 and a 1-year high of $45.46.
A number of brokerages have recently issued reports on CFG. Zacks Investment Research downgraded Citizens Financial Group from a “buy” rating to a “hold” rating in a report on Friday, September 22nd. Sanford C. Bernstein raised Citizens Financial Group from a “market perform” rating to an “outperform” rating and upped their price target for the company from $38.00 to $43.00 in a report on Thursday, September 14th. TheStreet upgraded Citizens Financial Group from a “c” rating to an “a+” rating in a research report on Monday, November 27th. BMO Capital Markets upgraded Citizens Financial Group from a “market perform” rating to an “outperform” rating and reduced their price objective for the company from $40.00 to $39.00 in a research report on Tuesday, December 19th. Finally, Oppenheimer reiterated a “hold” rating on shares of Citizens Financial Group in a research report on Monday, October 23rd. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $41.46.
In related news, Director Wendy A. Watson sold 4,000 shares of the company’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $40.31, for a total transaction of $161,240.00. Following the completion of the sale, the director now owns 12,917 shares in the company, valued at $520,684.27. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.21% of the stock is currently owned by corporate insiders.
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Citizens Financial Group Company Profile
Citizens Financial Group, Inc is a retail bank holding company. The Company operates through two segments: Consumer Banking and Commercial Banking. Its Consumer Banking serves retail customers and small businesses. Consumer Banking products and services include deposit products, mortgage and home equity lending, auto financing, student loans, personal unsecured lines and loans, credit cards, business loans, wealth management and investment services.
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