Citizens Financial Group Inc

Citizens Financial Group Inc Stock Forecast & Price Prediction

Live Citizens Financial Group Inc Stock (CFG) Price
$48.14

21

Ratings

  • Buy 11
  • Hold 10
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$48.14

P/E Ratio

18.88

Volume Traded Today

$2.0M

Dividend

$0.42

52 Week High/low

49.25/27.97

Citizens Financial Group Inc Market Cap

$21.22B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $CFG ๐Ÿ›‘

Before you buy CFG you'll want to see this list of ten stocks that have huge potential. Want to see if CFG made the cut? Enter your email below

CFG Summary

From what 21 stock analysts predict, the share price for Citizens Financial Group Inc (CFG) might increase by 0.99% in the next year. This is based on a 12-month average estimation for CFG. Price targets go from $42.6 to $59. The majority of stock analysts believe CFG is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

CFG Analyst Ratings

CFG is a stock in Financial Services which has been forecasted to be worth $48.61667 as an average. On the higher end, the forecast price is $59 USD by Ryan Merkel from Goldman Sachs and on the lower end CFG is forecasted to be $42.6 by from .

CFG stock forecast by analyst

These are the latest 20 analyst ratings of CFG.

Analyst/Firm

Rating

Price Target

Change

Date

Ryan Merkel
Goldman Sachs

Buy

$59

Maintains

Nov 26, 2024
Keith Horowitz
Citigroup

Buy

$58

Maintains

Nov 21, 2024
Gerard Cassidy
RBC Capital

Outperform

$45

Maintains

Oct 17, 2024
Jason Goldberg
Barclays

Equal-Weight

$47

Maintains

Oct 17, 2024
Peter Winter
DA Davidson

Buy

$48

Maintains

Oct 17, 2024
John Pancari
Evercore ISI Group

In-Line

$46

Maintains

Oct 2, 2024
David Konrad
Keefe, Bruyette & Woods

Market Perform

$46

Maintains

Sep 30, 2024
Betsy Graseck
Morgan Stanley

Equal-Weight

$50

Maintains

Aug 5, 2024
Scott Siefers
Piper Sandler

Overweight

$48

Maintains

Jul 26, 2024
Terry McEvoy
Stephens & Co.

Overweight

$42

Maintains

Jul 19, 2024
Gerard Cassidy
RBC Capital

Outperform

$43

Maintains

Jul 18, 2024
Peter Winter
DA Davidson

Buy

$46

Maintains

Jul 18, 2024
Betsy Graseck
Morgan Stanley

Equal-Weight

$41

Maintains

Jul 18, 2024
Ryan Merkel
Goldman Sachs

Buy

$49

Maintains

Jul 18, 2024
Erika Najarian
UBS

Buy

$46

Maintains

Jul 18, 2024
David Konrad
Keefe, Bruyette & Woods

Market Perform

$40

Maintains

Jul 9, 2024
Ken Usdin
Jefferies

Hold

$37

Maintains

Jul 3, 2024
John Pancari
Evercore ISI Group

In-Line

$39

Maintains

Jun 25, 2024
Betsy Graseck
Morgan Stanley

Equal-Weight

$38

Maintains

Jun 12, 2024
Vivek Juneja
JP Morgan

Neutral

$36

Maintains

May 1, 2024

CFG Company Information

What They Do: Provides banking products and services in the U.S.

Business Model: The company operates through two segments: Consumer Banking and Commercial Banking. It generates revenue primarily from interest on loans, fees from banking services, and wealth management products offered to individual and corporate clients.

Other Information: Founded in 1828 and headquartered in Providence, Rhode Island, the company has evolved from its previous identity as RBS Citizens Financial Group, Inc. and offers a wide range of services including digital banking, mortgage lending, treasury management, and various corporate finance solutions.
CFG
Citizens Financial Group Inc (CFG)

When did it IPO

2014

Staff Count

17,329

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. Bruce Winfield Van Saun

Market Cap

$21.22B

Citizens Financial Group Inc (CFG) Financial Data

In 2023, CFG generated $8.22B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CFG's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$8.22B

0.00 %
From Previous Year
  • Revenue TTM $7.11B
  • Operating Margin TTM 27.2%
  • Gross profit TTM $0
  • Return on assets TTM 0.6%
  • Return on equity TTM 5.4%
  • Profit Margin 18.2%
  • Book Value Per Share 51.26%
  • Market capitalisation $21.22B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $8.22B
  • EPS this year (TTM) $2.55

Citizens Financial Group Inc (CFG) Latest News

News Image

Mon, 18 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Citizens Bank has appointed Raman Muralidharan as Head of Mortgage, and promoted Adam Boyd to Head of Lending and Nuno Dos Santos to Head of Retail Banking to support growth and customer experience.

Why It Matters - Leadership changes at Citizens indicate a strategic focus on growth and customer experience, potentially improving the bank's competitive position and financial performance, which can impact stock value.

News Image

Fri, 15 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Citizens Financial Group (CFG) reported earnings 30 days ago; investors should monitor upcoming financial updates and market trends for potential stock movement.

Why It Matters - Upcoming analyst evaluations and market reactions to CFG's recent earnings will influence stock performance, impacting investor sentiment and potential price movements.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Citizens Financial Group, Inc. has lowered its prime lending rate to 7.75% from 8.00%, effective November 8, 2024. The company holds $219.7 billion in assets as of September 30, 2024.

Why It Matters - The reduction in Citizens Bank's prime lending rate signals lower borrowing costs, potentially boosting consumer spending and impacting banks' net interest margins, influencing CFG's stock performance.

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Citizens Financial Group, Inc. will pay dividends on its preferred stock on January 6, 2025, with amounts of $19.854 and $20.243 per share for Series B preferred stock.

Why It Matters - The dividend announcement signals financial stability and profitability for Citizens Financial Group, enhancing investor confidence and potentially influencing stock prices.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Market Watch

Summary - Banks are advocating for relaxed capital requirements and may benefit from anticipated tax cuts, which could enhance their financial performance.

Why It Matters - Looser capital requirements can enhance banks' lending capacity and profitability, while tax cuts may further boost earnings, positively impacting stock performance and investor confidence.

News Image

Mon, 28 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Citizens Financial Group, Inc. (NYSE: CFG) will release 2026 quarterly results and host conference calls on April 16, July 16, October 16, and January 20, 2027. Details to follow.

Why It Matters - Citizens Financial Group's scheduled financial results and conference calls for 2026 signal transparency and ongoing communication, impacting investor confidence and stock performance.

...

CFG Frequently asked questions

The highest forecasted price for CFG is $59 from Ryan Merkel at Goldman Sachs.

The lowest forecasted price for CFG is $42.6 from from

The CFG analyst ratings consensus are 11 buy ratings, 10 hold ratings, and 0 sell ratings.