Citizens Financial Group (NYSE:CFG) Price Target Raised to $75.00

Citizens Financial Group (NYSE:CFG) had its price objective boosted by Robert W. Baird from $72.00 to $75.00 in a research note published on Friday morning, MarketBeat.com reports. They currently have a neutral rating on the bank’s stock.

A number of other brokerages also recently commented on CFG. Cantor Fitzgerald lifted their price objective on Citizens Financial Group from $75.00 to $80.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. Truist Financial increased their target price on Citizens Financial Group from $69.00 to $72.00 and gave the stock a “hold” rating in a research report on Wednesday, June 24th. JPMorgan Chase & Co. raised their price target on Citizens Financial Group from $68.50 to $76.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Keefe, Bruyette & Woods lifted their price target on Citizens Financial Group from $70.00 to $72.00 and gave the company an “outperform” rating in a report on Friday, April 17th. Finally, Citigroup downgraded shares of Citizens Financial Group from a “buy” rating to a “hold” rating in a research note on Monday, July 6th. Sixteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Citizens Financial Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $77.85.

Citizens Financial Group Stock Down 0.1%

Shares of NYSE CFG opened at $72.34 on Friday. Citizens Financial Group has a 1 year low of $45.90 and a 1 year high of $74.70. The firm’s 50 day moving average price is $66.42 and its 200 day moving average price is $63.62. The firm has a market cap of $30.59 billion, a P/E ratio of 15.69, a price-to-earnings-growth ratio of 0.60 and a beta of 0.67. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.85 and a current ratio of 0.86.

Citizens Financial Group (NYSE:CFG) last released its earnings results on Thursday, July 16th. The bank reported $1.30 EPS for the quarter, topping the consensus estimate of $1.25 by $0.05. The firm had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.25 billion. Citizens Financial Group had a net margin of 17.18% and a return on equity of 8.85%. Citizens Financial Group’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.92 EPS. As a group, sell-side analysts anticipate that Citizens Financial Group will post 5.25 earnings per share for the current year.

Citizens Financial Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Thursday, July 30th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, July 30th. Citizens Financial Group’s dividend payout ratio (DPR) is 39.91%.

Insider Transactions at Citizens Financial Group

In other news, insider Michelle Moosally sold 6,050 shares of Citizens Financial Group stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $62.16, for a total value of $376,068.00. Following the transaction, the insider directly owned 22,565 shares of the company’s stock, valued at $1,402,640.40. The trade was a 21.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.67% of the company’s stock.

Institutional Trading of Citizens Financial Group

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Ballast Inc. acquired a new stake in Citizens Financial Group during the 2nd quarter worth approximately $322,000. Tema ETFs LLC lifted its position in Citizens Financial Group by 9.4% during the second quarter. Tema ETFs LLC now owns 8,425 shares of the bank’s stock valued at $590,000 after buying an additional 725 shares in the last quarter. Everhart Financial Group Inc. lifted its position in Citizens Financial Group by 6.8% during the second quarter. Everhart Financial Group Inc. now owns 23,279 shares of the bank’s stock valued at $1,631,000 after buying an additional 1,487 shares in the last quarter. Everpar Advisors LLC acquired a new position in Citizens Financial Group during the second quarter valued at approximately $211,000. Finally, Valeo Financial Advisors LLC grew its stake in Citizens Financial Group by 11.0% during the second quarter. Valeo Financial Advisors LLC now owns 3,918 shares of the bank’s stock worth $275,000 after buying an additional 387 shares during the period. Institutional investors and hedge funds own 94.90% of the company’s stock.

Citizens Financial Group News Roundup

Here are the key news stories impacting Citizens Financial Group this week:

• Positive Sentiment: Citizens Financial reported better-than-expected Q2 2026 results, with EPS of $1.30 versus $1.25 expected and revenue of $2.28 billion versus $2.25 billion expected, driven by stronger net interest income and fee growth. Reuters article
• Positive Sentiment: The company said net income rose 35% year over year to $587 million and EPS increased 41% year over year, reinforcing momentum in profitability. Business Wire article
• Positive Sentiment: Several analysts raised price targets after the earnings release, including Keefe, Bruyette & Woods to $90, RBC to $79, Barclays to $81, and Baird to $75, signaling improving Wall Street sentiment. Benzinga article
• Positive Sentiment: Analysts also highlighted a raised net interest margin outlook and solid private bank growth, which may support expectations for continued earnings strength. Read More.
• Positive Sentiment: The company declared a quarterly dividend of $0.46 per share, underscoring capital return to shareholders.

Citizens Financial Group Company Profile

Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.