Citizens Financial Group (CFG) to Release Quarterly Earnings on Thursday
Citizens Financial Group (NYSE:CFG) is scheduled to release its earnings data on Thursday, January 18th.
Citizens Financial Group (NYSE:CFG) last announced its quarterly earnings data on Friday, October 20th. The bank reported $0.68 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.64 by $0.04. Citizens Financial Group had a return on equity of 6.44% and a net margin of 20.26%. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.43 billion. During the same period in the previous year, the business posted $0.52 EPS. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. On average, analysts expect Citizens Financial Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of Citizens Financial Group (CFG) opened at $45.52 on Tuesday. Citizens Financial Group has a 52 week low of $31.51 and a 52 week high of $45.79. The stock has a market capitalization of $22,400.00, a PE ratio of 18.43, a P/E/G ratio of 0.69 and a beta of 1.37. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 0.67.
Several brokerages have recently weighed in on CFG. Zacks Investment Research cut Citizens Financial Group from a “buy” rating to a “hold” rating in a research report on Friday, September 22nd. TheStreet upgraded Citizens Financial Group from a “c” rating to an “a+” rating in a research report on Monday, November 27th. BMO Capital Markets upgraded Citizens Financial Group from a “market perform” rating to an “outperform” rating and decreased their price target for the company from $40.00 to $39.00 in a research report on Tuesday, December 19th. Oppenheimer reiterated a “hold” rating on shares of Citizens Financial Group in a research report on Monday, October 23rd. Finally, Deutsche Bank reiterated a “hold” rating and set a $36.00 price target (up from $34.00) on shares of Citizens Financial Group in a research report on Tuesday, September 26th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $41.46.
COPYRIGHT VIOLATION WARNING: This report was originally reported by Watch List News and is the sole property of of Watch List News. If you are viewing this report on another publication, it was illegally copied and reposted in violation of United States & international trademark & copyright laws. The legal version of this report can be viewed at https://www.watchlistnews.com/citizens-financial-group-cfg-to-release-quarterly-earnings-on-thursday/1808626.html.
About Citizens Financial Group
Citizens Financial Group, Inc is a retail bank holding company. The Company operates through two segments: Consumer Banking and Commercial Banking. Its Consumer Banking serves retail customers and small businesses. Consumer Banking products and services include deposit products, mortgage and home equity lending, auto financing, student loans, personal unsecured lines and loans, credit cards, business loans, wealth management and investment services.
Receive News & Ratings for Citizens Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Citizens Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.