Citizens Financial Group (NYSE:CFG) is scheduled to be announcing its earnings results before the market opens on Friday, July 19th. Analysts expect the company to announce earnings of $0.96 per share for the quarter.
Citizens Financial Group (NYSE:CFG) last released its quarterly earnings data on Thursday, April 18th. The bank reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.04. Citizens Financial Group had a net margin of 22.96% and a return on equity of 8.88%. The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the previous year, the firm earned $0.78 earnings per share. On average, analysts expect Citizens Financial Group to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
CFG opened at $35.56 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.57. Citizens Financial Group has a 52-week low of $27.62 and a 52-week high of $41.76. The stock’s 50 day simple moving average is $34.64. The stock has a market capitalization of $16.32 billion, a P/E ratio of 9.99, a P/E/G ratio of 1.16 and a beta of 1.45.
CFG has been the topic of a number of recent research reports. UBS Group boosted their target price on shares of Willis Towers Watson from $202.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday. JPMorgan Chase & Co. initiated coverage on shares of Pinduoduo in a research report on Tuesday. They set an “underweight” rating and a $20.48 target price on the stock. Zacks Investment Research raised shares of H&E Equipment Services from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a research report on Monday, March 25th. Argus initiated coverage on shares of Citizens Financial Group in a research report on Wednesday, June 19th. They set a “hold” rating on the stock. Finally, ValuEngine raised shares of Alleghany from a “hold” rating to a “buy” rating in a research report on Friday, April 19th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $40.63.
Citizens Financial Group Company Profile
Citizens Financial Group, Inc operates as the bank holding company for Citizens Bank, National Association and Citizens Bank of Pennsylvania that provides retail and commercial banking products and services in the United States. The company operates in two segments, Consumer Banking and Commercial Banking.
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