Media coverage about Citizens Financial Group (NYSE:CFG) has been trending positive on Friday, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Citizens Financial Group earned a media sentiment score of 0.38 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 46.3395320807323 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern’s analysis:
Shares of Citizens Financial Group (NYSE CFG) traded down $0.09 during mid-day trading on Friday, hitting $44.87. 6,371,666 shares of the stock were exchanged, compared to its average volume of 5,246,049. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.96 and a current ratio of 0.96. The company has a market cap of $21,992.98, a PE ratio of 13.72, a price-to-earnings-growth ratio of 0.75 and a beta of 1.40. Citizens Financial Group has a 12 month low of $31.51 and a 12 month high of $48.23.
Citizens Financial Group (NYSE:CFG) last issued its earnings results on Friday, January 19th. The bank reported $0.71 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.67 by $0.04. The company had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.45 billion. Citizens Financial Group had a net margin of 25.60% and a return on equity of 6.73%. Citizens Financial Group’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.55 EPS. research analysts anticipate that Citizens Financial Group will post 3.36 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.96%. This is a boost from Citizens Financial Group’s previous quarterly dividend of $0.18. The ex-dividend date was Wednesday, January 31st. Citizens Financial Group’s dividend payout ratio is presently 26.91%.
Several brokerages have commented on CFG. TheStreet raised shares of Citizens Financial Group from a “c” rating to an “a+” rating in a research report on Monday, November 27th. ValuEngine raised shares of Citizens Financial Group from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. Sanford C. Bernstein set a $52.00 price target on shares of Citizens Financial Group and gave the stock a “buy” rating in a research report on Monday, January 22nd. Zacks Investment Research raised shares of Citizens Financial Group from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a research report on Monday, December 4th. Finally, Barclays boosted their price target on shares of Citizens Financial Group from $41.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 2nd. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $42.36.
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About Citizens Financial Group
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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