Citizens Financial Group Inc. [NYSE: CFG] surged by $0.86 during the normal trading session on Monday and reaching a high of $45.01 during the day while it closed the day at $44.30. The company report on February 26, 2021 that Citizens Financial Group, Inc. Declares Dividends on Preferred Stock.
Citizens Financial Group, Inc. (NYSE: CFG) announced that its board of directors has declared the following dividends on its preferred stock payable on April 6, 2021, to preferred shareholders of record at the close of business on March 22, 2021:.
a quarterly cash dividend of $10.493125 per share on CFG’s 5.500% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A;.
Citizens Financial Group Inc. stock has also gained 2.45% of its value over the past 7 days. However, CFG stock has inclined by 27.67% in the 3 months of the year. Over the past six months meanwhile, it has gained 70.32% and gained 23.88% year-on date.
The market cap for CFG stock reached $19.16 billion, with 427.08 million shares outstanding and 423.15 million shares in the current float. Compared to the average trading volume of 3.85M shares, CFG reached a trading volume of 9328518 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Citizens Financial Group Inc. [CFG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CFG shares is $45.05 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CFG stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Compass Point have made an estimate for Citizens Financial Group Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 12, 2021. The new note on the price target was released on January 12, 2021, representing the official price target for Citizens Financial Group Inc. stock. Previously, the target price had yet another raise from $32 to $34, while Keefe Bruyette kept a Mkt Perform rating on CFG stock.
The Average True Range (ATR) for Citizens Financial Group Inc. is set at 1.60, with the Price to Sales ratio for CFG stock in the period of the last 12 months amounting to 3.58. The Price to Book ratio for the last quarter was 0.91, with the Price to Cash per share for the same quarter was set at 34.57.
CFG stock trade performance evaluation
Citizens Financial Group Inc. [CFG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.45. With this latest performance, CFG shares gained by 19.05% in over the last four-week period, additionally plugging by 70.32% over the last 6 months – not to mention a rise of 39.79% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CFG stock in for the last two-week period is set at 62.53, with the RSI for the last a single of trading hit 62.14, and the three-weeks RSI is set at 62.30 for Citizens Financial Group Inc. [CFG]. The present Moving Average for the last 50 days of trading for this stock 38.98, while it was recorded at 44.55 for the last single week of trading, and 30.08 for the last 200 days.
Citizens Financial Group Inc. [CFG]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Citizens Financial Group Inc. [CFG] shares currently have an operating margin of +17.94. Citizens Financial Group Inc.’s Net Margin is presently recorded at +14.61.
Return on Total Capital for CFG is now 3.74, given the latest momentum, and Return on Invested Capital for the company is 3.27. Return on Equity for this stock inclined to 4.71, with Return on Assets sitting at 0.61. When it comes to the capital structure of this company, Citizens Financial Group Inc. [CFG] has a Total Debt to Total Equity ratio set at 41.56. Additionally, CFG Total Debt to Total Capital is recorded at 29.36, with Total Debt to Total Assets ending up at 5.14. Long-Term Debt to Equity for the company is recorded at 37.04, with the Long-Term Debt to Total Capital now at 23.90.
Reflecting on the efficiency of the workforce at the company, Citizens Financial Group Inc. [CFG] managed to generate an average of $60,111 per employee.
Earnings per share (EPS) analysis for Citizens Financial Group Inc. [CFG] stock
With the latest financial reports released by the company, Citizens Financial Group Inc. posted 0.03/share EPS, while the average EPS was predicted by analysts to be reported at 0.37/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -91.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CFG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Citizens Financial Group Inc. go to -2.76%.
Citizens Financial Group Inc. [CFG]: Insider Ownership positions
There are presently around $17,389 million, or 96.30% of CFG stock, in the hands of institutional investors. The top three institutional holders of CFG stocks are: VANGUARD GROUP INC with ownership of 48,912,586, which is approximately -1.196% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 40,484,257 shares of the stock with an approximate value of $1.79 billion in CFG stocks shares; and CAPITAL INTERNATIONAL INVESTORS, currently with $1.45 billion in CFG stock with ownership of nearly 35.412% of the company’s market capitalization.
Positions in Citizens Financial Group Inc. stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 311 institutional holders increased their position in Citizens Financial Group Inc. [NYSE:CFG] by around 27,518,805 shares. Additionally, 289 investors decreased positions by around 32,924,073 shares, while 63 investors held positions by with 332,096,624 shares. The mentioned changes placed institutional holdings at 392,539,502 shares, according to the latest SEC report filing. CFG stock had 103 new institutional investments in for a total of 4,549,555 shares, while 52 institutional investors sold positions of 3,763,413 shares during the same period.