Keefe, Bruyette & Woods Issues Positive Forecast for Citizens Financial Group (NYSE:CFG) Stock Price

Citizens Financial Group (NYSE:CFG) had its price objective upped by Keefe, Bruyette & Woods from $75.00 to $90.00 in a research note released on Friday morning,Benzinga reports. The firm currently has an outperform rating on the bank’s stock.

CFG has been the topic of a number of other research reports. Citigroup lowered shares of Citizens Financial Group from a “buy” rating to a “hold” rating in a research note on Monday, July 6th. UBS Group boosted their price target on Citizens Financial Group from $75.00 to $82.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Weiss Ratings upgraded shares of Citizens Financial Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 6th. Cantor Fitzgerald raised their target price on Citizens Financial Group from $75.00 to $80.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, Barclays increased their price objective on Citizens Financial Group from $77.00 to $81.00 and gave the stock an “overweight” rating in a report on Friday. Sixteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $77.85.

Citizens Financial Group Price Performance

CFG stock opened at $72.34 on Friday. The company has a market cap of $30.59 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 0.62 and a beta of 0.67. The company has a current ratio of 0.86, a quick ratio of 0.84 and a debt-to-equity ratio of 0.63. The firm has a 50 day moving average of $66.42 and a 200-day moving average of $63.59. Citizens Financial Group has a 12-month low of $45.90 and a 12-month high of $74.70.

Citizens Financial Group (NYSE:CFG) last released its earnings results on Thursday, July 16th. The bank reported $1.30 EPS for the quarter, topping 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 firm had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.25 billion. During the same period in the previous year, the company earned $0.92 EPS. Citizens Financial Group’s revenue for the quarter was up 12.1% on a year-over-year basis. As a group, equities analysts expect that Citizens Financial Group will post 5.22 EPS for the current fiscal year.

Citizens Financial Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Thursday, July 30th will be issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Thursday, July 30th. Citizens Financial Group’s dividend payout ratio is presently 43.50%.

Insider Buying and Selling

In other news, insider Michelle Moosally sold 6,050 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $62.16, for a total transaction of $376,068.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.67% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Citizens Financial Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ballast Inc. acquired a new stake in Citizens Financial Group in the second quarter worth $322,000. Tema ETFs LLC boosted its holdings in Citizens Financial Group by 9.4% during the second quarter. Tema ETFs LLC now owns 8,425 shares of the bank’s stock worth $590,000 after purchasing an additional 725 shares during the last quarter. Everhart Financial Group Inc. grew its holdings in shares of Citizens Financial Group by 6.8% in the 2nd quarter. Everhart Financial Group Inc. now owns 23,279 shares of the bank’s stock valued at $1,631,000 after acquiring an additional 1,487 shares in the last quarter. Everpar Advisors LLC bought a new position in Citizens Financial Group in the second quarter valued at approximately $211,000. Finally, Valeo Financial Advisors LLC grew its stake in shares of Citizens Financial Group by 11.0% in the second quarter. Valeo Financial Advisors LLC now owns 3,918 shares of the bank’s stock valued at $275,000 after buying an additional 387 shares in the last quarter. 94.90% of the stock is owned by institutional investors.

Key Headlines Impacting Citizens Financial Group

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.

About Citizens Financial Group

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.