Citizens Financial Group (NYSE:CFG) Sets New 1-Year High – Here’s Why

Posted by Francis Steltz on Jul 3rd, 2026

Shares of Citizens Financial Group, Inc. (NYSE:CFG – Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as $71.45 and last traded at $71.5480, with a volume of 846538 shares changing hands. The stock had previously closed at $70.07.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Robert W. Baird upgraded Citizens Financial Group from a “neutral” rating to an “outperform” rating and set a $65.00 price target for the company in a research note on Monday, March 9th. Cantor Fitzgerald restated an “overweight” rating on shares of Citizens Financial Group in a research report on Tuesday, June 9th. Morgan Stanley increased their price target on shares of Citizens Financial Group from $73.00 to $79.00 and gave the stock an “overweight” rating in a research report on Monday. Royal Bank Of Canada lifted 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, Stephens initiated coverage on Citizens Financial Group in a research note on Monday, June 15th. They issued an “equal weight” rating for the company. Eighteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Citizens Financial Group currently has a consensus rating of “Moderate Buy” and an average target price of $72.38.

View Our Latest Research Report on Citizens Financial Group

Citizens Financial Group Stock Down 1.2%

The company has a market capitalization of $30.01 billion, a PE ratio of 16.78, a price-to-earnings-growth ratio of 0.57 and a beta of 0.67. The company’s fifty day moving average is $65.00 and its 200-day moving average is $62.70. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.84 and a current ratio of 0.85.

Citizens Financial Group (NYSE:CFG – Get Free Report) last issued its quarterly earnings results on Thursday, April 16th. The bank reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.03. Citizens Financial Group had a net margin of 16.21% and a return on equity of 8.31%. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same quarter in the previous year, the firm earned $0.77 earnings per share. The company’s revenue for the quarter was up 12.0% on a year-over-year basis. As a group, analysts predict that Citizens Financial Group, Inc. will post 5.2 EPS for the current fiscal year.

Citizens Financial Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Thursday, April 30th were issued a dividend of $0.46 per share. The ex-dividend date of this dividend was Thursday, April 30th. This represents a $1.84 dividend on an annualized basis and a yield of 2.6%. Citizens Financial Group’s dividend payout ratio (DPR) is currently 43.50%.

Insider Activity at Citizens Financial Group

In other news, insider Michelle Moosally sold 6,050 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $62.16, for a total value of $376,068.00. Following the transaction, the insider directly owned 22,565 shares in the company, valued at $1,402,640.40. The trade was a 21.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.67% of the stock is owned by insiders.

Institutional Trading of Citizens Financial Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in CFG. Parallel Advisors LLC boosted its position in Citizens Financial Group by 2.9% in the 4th quarter. Parallel Advisors LLC now owns 6,078 shares of the bank’s stock valued at $355,000 after buying an additional 172 shares during the period. AA Financial Advisors LLC raised its stake in shares of Citizens Financial Group by 3.9% during the fourth quarter. AA Financial Advisors LLC now owns 4,657 shares of the bank’s stock valued at $272,000 after acquiring an additional 174 shares in the last quarter. Inscription Capital LLC raised its stake in shares of Citizens Financial Group by 1.6% during the fourth quarter. Inscription Capital LLC now owns 10,902 shares of the bank’s stock valued at $637,000 after acquiring an additional 175 shares in the last quarter. Clear Harbor Asset Management LLC boosted its holdings in shares of Citizens Financial Group by 0.9% in the fourth quarter. Clear Harbor Asset Management LLC now owns 19,694 shares of the bank’s stock valued at $1,150,000 after purchasing an additional 175 shares during the period. Finally, Grove Bank & Trust grew its stake in Citizens Financial Group by 19.8% in the fourth quarter. Grove Bank & Trust now owns 1,107 shares of the bank’s stock worth $65,000 after purchasing an additional 183 shares in the last quarter. Institutional investors own 94.90% of the company’s stock.

Citizens Financial Group Company Profile

(Get Free Report)

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.