What is DA Davidson’s Estimate for CFG Q1 Earnings?

Citizens Financial Group, Inc. (NYSE:CFG) – Equities research analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of Citizens Financial Group in a research report issued to clients and investors on Monday, January 20th. DA Davidson analyst P. Winter expects that the bank will post earnings of $0.76 per share for the quarter. DA Davidson has a “Buy” rating and a $48.00 price target on the stock. The consensus estimate for Citizens Financial Group’s current full-year earnings is $3.20 per share.

A number of other brokerages have also weighed in on CFG. Keefe, Bruyette & Woods upped their target price on Citizens Financial Group from $46.00 to $53.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. Raymond James raised shares of Citizens Financial Group from a “market perform” rating to a “strong-buy” rating and set a $55.00 price target for the company in a research note on Wednesday, December 18th. Piper Sandler raised their price objective on shares of Citizens Financial Group from $48.00 to $53.00 and gave the company an “overweight” rating in a research report on Tuesday, December 3rd. StockNews.com raised Citizens Financial Group from a “sell” rating to a “hold” rating in a research note on Thursday, October 17th. Finally, Evercore ISI dropped their price target on Citizens Financial Group from $47.00 to $46.00 and set an “in-line” rating for the company in a research note on Wednesday, October 2nd. Nine investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $47.78.

Citizens Financial Group Stock Up 1.5 %

Shares of NYSE:CFG opened at $47.52 on Tuesday. The firm has a fifty day moving average price of $45.64 and a two-hundred day moving average price of $42.71. The company has a market cap of $20.94 billion, a price-to-earnings ratio of 18.71, a PEG ratio of 1.29 and a beta of 1.10. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.87 and a quick ratio of 0.86. Citizens Financial Group has a one year low of $30.24 and a one year high of $49.25.

Citizens Financial Group (NYSE:CFG) last announced its quarterly earnings results on Friday, January 17th. The bank reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.02. The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1,962,330 billion. Citizens Financial Group had a return on equity of 5.73% and a net margin of 10.37%. The company’s revenue was down .1% on a year-over-year basis. During the same period in the prior year, the business posted $0.85 earnings per share.

Citizens Financial Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be paid a dividend of $0.42 per share. The ex-dividend date is Friday, January 31st. This represents a $1.68 annualized dividend and a dividend yield of 3.54%. Citizens Financial Group’s dividend payout ratio (DPR) is presently 66.14%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Wellington Management Group LLP boosted its stake in shares of Citizens Financial Group by 207.2% during the 3rd quarter. Wellington Management Group LLP now owns 8,272,043 shares of the bank’s stock valued at $339,733,000 after purchasing an additional 5,579,313 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Citizens Financial Group by 61.4% in the second quarter. AQR Capital Management LLC now owns 4,422,948 shares of the bank’s stock worth $155,909,000 after buying an additional 1,682,886 shares during the period. State Street Corp boosted its position in Citizens Financial Group by 6.7% during the 3rd quarter. State Street Corp now owns 25,826,368 shares of the bank’s stock valued at $1,060,689,000 after acquiring an additional 1,615,144 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Citizens Financial Group by 85.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 2,043,650 shares of the bank’s stock worth $83,933,000 after acquiring an additional 942,662 shares during the period. Finally, Bank of Montreal Can raised its position in shares of Citizens Financial Group by 51.1% in the 3rd quarter. Bank of Montreal Can now owns 2,644,542 shares of the bank’s stock worth $107,897,000 after acquiring an additional 894,322 shares in the last quarter. 94.90% of the stock is owned by hedge funds and other institutional investors.

Citizens Financial Group Company Profile

Citizens Financial Group, Inc operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, corporations, and institutions in the United States. The company operates in two segments, Consumer Banking and Commercial Banking.