Citizens Financial Group (NYSE:CFG) Price Target Raised to $79.00

Citizens Financial Group (NYSE:CFG) had its target price hoisted by Royal Bank Of Canada from $70.00 to $79.00 in a research report released on Friday,Benzinga reports. They currently have an outperform rating on the bank’s stock.

CFG has been the topic of several other research reports. DA Davidson increased their price objective on shares of Citizens Financial Group from $73.00 to $74.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Evercore restated an “outperform” rating and issued a $80.00 target price on shares of Citizens Financial Group in a research note on Monday, July 6th. Robert W. Baird upped their target price on Citizens Financial Group from $72.00 to $75.00 and gave the company a “neutral” rating in a report on Friday. Citigroup cut Citizens Financial Group from a “buy” rating to a “hold” rating in a research report on Monday, July 6th. Finally, 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 report on Monday, July 6th. Sixteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Citizens Financial Group currently has an average rating of “Moderate Buy” and an average target price of $77.85.

Citizens Financial Group Stock Down 0.1%

Shares of NYSE:CFG opened at $72.34 on Friday. The stock has a market capitalization of $30.59 billion, a price-to-earnings ratio of 15.69, a price-to-earnings-growth ratio of 0.60 and a beta of 0.67. Citizens Financial Group has a 1-year low of $45.90 and a 1-year high of $74.70. The company’s fifty day moving average is $66.42 and its two-hundred day moving average is $63.62. 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 posted its quarterly earnings results on Thursday, July 16th. The bank reported $1.30 EPS for the quarter, beating the consensus estimate of $1.25 by $0.05. Citizens Financial Group had a net margin of 17.18% and a return on equity of 8.85%. The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same period in the previous year, the business posted $0.92 EPS. The company’s quarterly revenue was up 12.1% on a year-over-year basis. Equities analysts anticipate that Citizens Financial Group will post 5.25 EPS for the current year.

Citizens Financial Group Announces Dividend

The company also recently disclosed 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. The ex-dividend date is Thursday, July 30th. This represents a $1.84 annualized dividend and a yield of 2.5%. Citizens Financial Group’s dividend payout ratio (DPR) is currently 39.91%.

Insider Transactions at Citizens Financial Group

In other Citizens Financial Group news, insider Michelle Moosally sold 6,050 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $62.16, for a total transaction of $376,068.00. Following the completion of 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 hyperlink. 0.67% of the stock is owned by insiders.

Institutional Investors Weigh In On Citizens Financial Group

A number of hedge funds have recently made changes to their positions in the business. Elevation Wealth Partners LLC grew its holdings in Citizens Financial Group by 319.8% in the 2nd quarter. Elevation Wealth Partners LLC now owns 424 shares of the bank’s stock worth $30,000 after buying an additional 323 shares in the last quarter. University of Texas Texas AM Investment Management Co. bought a new stake in Citizens Financial Group during the 4th quarter valued at $26,000. Cedar Mountain Advisors LLC bought a new stake in Citizens Financial Group during the 1st quarter valued at $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Citizens Financial Group during the 4th quarter worth $29,000. Finally, Activest Wealth Management boosted its position in Citizens Financial Group by 5,600.0% during the 4th quarter. Activest Wealth Management now owns 513 shares of the bank’s stock worth $30,000 after acquiring an additional 504 shares during the period. Institutional investors own 94.90% of the company’s stock.

Citizens Financial Group News Summary

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.