Citizens Financial Group (NYSE:CFG) Price Target Raised to $81.00

Citizens Financial Group (NYSE:CFG) had its price objective lifted by Barclays from $77.00 to $81.00 in a research note issued to investors on Friday morning,Benzinga reports. They currently have an overweight rating on the bank’s stock.

A number of other analysts have also weighed in on CFG. Stephens began coverage on Citizens Financial Group in a research note on Monday, June 15th. They issued an “equal weight” rating on the stock. Weiss Ratings raised shares of Citizens Financial Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. upped their price target on shares of Citizens Financial Group from $68.50 to $76.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. Royal Bank Of Canada raised their price target on shares of Citizens Financial Group from $67.00 to $70.00 and gave the stock an “outperform” rating in a research note on Friday, April 17th. Finally, Citigroup lowered shares of Citizens Financial Group from a “buy” rating to a “hold” rating in a report on Monday, July 6th. Sixteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $77.85.

Citizens Financial Group Trading Down 0.1%

Shares of NYSE CFG opened at $72.34 on Friday. Citizens Financial Group has a fifty-two week low of $45.90 and a fifty-two week high of $74.70. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.85 and a current ratio of 0.86. The company has a market cap of $30.59 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 0.60 and a beta of 0.67. The business’s 50 day moving average price is $66.42 and its 200-day moving average price is $63.62.

Citizens Financial Group (NYSE:CFG) last posted its quarterly earnings data on Thursday, July 16th. The bank reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.05. Citizens Financial Group had a return on equity of 8.85% and a net margin of 17.18%.The company had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter in the previous year, the business earned $0.92 EPS. Citizens Financial Group’s revenue was up 12.1% compared to the same quarter last year. On average, sell-side analysts expect that Citizens Financial Group will post 5.25 earnings per share for the current year.

Citizens Financial Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Thursday, July 30th will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, July 30th. This represents a $1.84 dividend on an annualized basis and a yield of 2.5%. Citizens Financial Group’s payout ratio is 39.91%.

Insider Buying and Selling at Citizens Financial Group

In other Citizens Financial Group news, insider Michelle Moosally sold 6,050 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $62.16, for a total value of $376,068.00. Following the completion of the sale, the insider directly owned 22,565 shares in the company, valued at approximately $1,402,640.40. This represents a 21.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.67% of the company’s stock.

Hedge Funds Weigh In On Citizens Financial Group

Institutional investors have recently made changes to their positions in the company. University of Texas Texas AM Investment Management Co. purchased a new stake in Citizens Financial Group in the fourth quarter worth about $26,000. Cedar Mountain Advisors LLC purchased a new position in Citizens Financial Group during the 1st quarter valued at about $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in Citizens Financial Group during the 4th quarter valued at about $29,000. Activest Wealth Management increased 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 valued at $30,000 after purchasing an additional 504 shares during the period. Finally, Elevation Wealth Partners LLC raised its holdings in shares of Citizens Financial Group by 319.8% in the 2nd quarter. Elevation Wealth Partners LLC now owns 424 shares of the bank’s stock valued at $30,000 after purchasing an additional 323 shares in the last quarter. Hedge funds and other 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.