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

Citizens Financial Group, Inc. (NYSE:CFG) – Investment analysts at DA Davidson issued their Q1 2025 EPS estimates for Citizens Financial Group in a research report issued to clients and investors on Monday, January 20th. DA Davidson analyst P. Winter forecasts that the bank will earn $0.76 per share for the quarter. DA Davidson currently has a “Buy” rating and a $48.00 price objective on the stock. The consensus estimate for Citizens Financial Group’s current full-year earnings is $3.85 per share.

A number of other equities analysts have also weighed in on the stock. Royal Bank of Canada boosted their price objective on shares of Citizens Financial Group from $43.00 to $45.00 and gave the company an “outperform” rating in a research report on Thursday, October 17th. Compass Point upped their price target on shares of Citizens Financial Group from $45.00 to $57.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Citigroup upped their price target on shares of Citizens Financial Group from $50.00 to $58.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Keefe, Bruyette & Woods upped their price target on shares of Citizens Financial Group from $53.00 to $56.00 and gave the stock a “market perform” rating in a research report on Tuesday. Finally, Piper Sandler upped their price target on shares of Citizens Financial Group from $48.00 to $53.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 3rd. Nine equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $49.00.

Citizens Financial Group Stock Performance

NYSE:CFG opened at $48.34 on Tuesday. The firm has a 50 day simple moving average of $45.66 and a 200-day simple moving average of $42.79. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market cap of $21.30 billion, a PE ratio of 15.95, a P/E/G ratio of 1.41 and a beta of 1.10. Citizens Financial Group has a 1-year low of $30.24 and a 1-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 (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.02. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1,962,330 billion. Citizens Financial Group had a net margin of 12.21% and a return on equity of 6.75%. The company’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.85 earnings per share.

Citizens Financial Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $1.68 annualized dividend and a yield of 3.48%. Citizens Financial Group’s payout ratio is 55.45%.

Hedge Funds Weigh In On Citizens Financial Group

Large investors have recently bought and sold shares of the stock. CHURCHILL MANAGEMENT Corp bought a new position in shares of Citizens Financial Group during the 4th quarter valued at about $8,134,000. Versor Investments LP bought a new position in shares of Citizens Financial Group during the 3rd quarter valued at about $1,910,000. Nordea Investment Management AB boosted its position in shares of Citizens Financial Group by 19.3% during the 4th quarter. Nordea Investment Management AB now owns 4,974,434 shares of the bank’s stock valued at $217,781,000 after purchasing an additional 805,758 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of Citizens Financial Group by 4.8% during the 3rd quarter. Franklin Resources Inc. now owns 655,600 shares of the bank’s stock valued at $28,368,000 after purchasing an additional 29,940 shares in the last quarter. Finally, Oddo BHF Asset Management Sas bought a new position in shares of Citizens Financial Group during the 3rd quarter valued at about $590,000. Institutional investors and hedge funds own 94.90% of the company’s stock.

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.