Citizens Financial Group (CFG) Earns Coverage Optimism Rating of 0.40

Media headlines about Citizens Financial Group (NYSE:CFG) have trended positive recently, according to Accern Sentiment. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Citizens Financial Group earned a media sentiment score of 0.40 on Accern’s scale. Accern also gave media stories about the bank an impact score of 46.7700591697597 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:

A number of research analysts have recently commented on the stock. Sanford C. Bernstein set a $52.00 price objective on shares of Citizens Financial Group and gave the company a “buy” rating in a research report on Monday. Royal Bank of Canada reissued a “hold” rating and issued a $45.00 price objective on shares of Citizens Financial Group in a research report on Sunday. Barclays lifted their price objective on shares of Citizens Financial Group from $41.00 to $49.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 2nd. BMO Capital Markets raised shares of Citizens Financial Group from a “market perform” rating to an “outperform” rating and decreased their price objective for the company from $40.00 to $39.00 in a research report on Tuesday, December 19th. Finally, Morgan Stanley lifted their price objective on shares of Citizens Financial Group from $43.00 to $49.00 and gave the company an “overweight” rating in a research report on Wednesday, December 13th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $42.36.

Shares of Citizens Financial Group (NYSE CFG) traded up $0.99 during mid-day trading on Monday, hitting $47.81. 4,165,188 shares of the company traded hands, compared to its average volume of 4,915,243. The company has a market cap of $23,520.00, a P/E ratio of 19.36, a price-to-earnings-growth ratio of 0.71 and a beta of 1.37. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.59. Citizens Financial Group has a 1-year low of $31.51 and a 1-year high of $47.87.

Citizens Financial Group (NYSE:CFG) last announced its earnings results on Friday, January 19th. The bank reported $0.71 EPS for the quarter, topping the consensus estimate of $0.67 by $0.04. The business had revenue of $1.48 billion during the quarter, compared to the consensus estimate 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 revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.55 EPS. equities research analysts anticipate that Citizens Financial Group will post 3.13 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Thursday, February 1st will be issued a dividend of $0.22 per share. This is an increase from Citizens Financial Group’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Wednesday, January 31st. This represents a $0.88 annualized dividend and a dividend yield of 1.84%. Citizens Financial Group’s payout ratio is presently 29.15%.

In related news, Director Wendy A. Watson sold 4,000 shares of Citizens Financial Group stock in a transaction dated Friday, December 1st. The shares were 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 of the company’s stock, valued at approximately $520,684.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.21% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Citizens Financial Group (NYSE:CFG)

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