Analysts See $0.90 EPS for Citizens Financial Group, Inc. (CFG)

September 25, 2018 - By Michele Cranor

Citizens Financial Group, Inc. (NYSE:CFG) LogoInvestors sentiment increased to 1.13 in 2018 Q2. Its up 0.13, from 1 in 2018Q1. It increased, as 39 investors sold Citizens Financial Group, Inc. shares while 184 reduced holdings. 65 funds opened positions while 187 raised stakes. 440.37 million shares or 1.70% less from 447.99 million shares in 2018Q1 were reported.
Kessler Invest Group Incorporated Limited Liability Corporation invested in 0.01% or 150 shares. Moreover, Westfield Cap Mngmt Lp has 0.05% invested in Citizens Financial Group, Inc. (NYSE:CFG). Putnam Fl Invest Mngmt Co reported 1.1% in Citizens Financial Group, Inc. (NYSE:CFG). Bancorporation Of Nova Scotia owns 0.09% invested in Citizens Financial Group, Inc. (NYSE:CFG) for 399,181 shares. Mackenzie holds 6,703 shares. C M Bidwell Assocs has 0.89% invested in Citizens Financial Group, Inc. (NYSE:CFG). Wealthfront holds 0.01% or 29,981 shares. Icon Advisers Inc owns 10,800 shares or 0.03% of their US portfolio. Citigroup has invested 0.02% in Citizens Financial Group, Inc. (NYSE:CFG). 2.28M were reported by Morgan Stanley. Nomura Hldg invested 0% in Citizens Financial Group, Inc. (NYSE:CFG). Canada Pension Plan Investment Board has 0.07% invested in Citizens Financial Group, Inc. (NYSE:CFG). Two Sigma Secs Limited Com holds 0% of its portfolio in Citizens Financial Group, Inc. (NYSE:CFG) for 14,057 shares. Element Mngmt Limited Liability Company has 0.05% invested in Citizens Financial Group, Inc. (NYSE:CFG). Korea Inv Corporation owns 0.22% invested in Citizens Financial Group, Inc. (NYSE:CFG) for 1.27M shares.

Since June 5, 2018, it had 0 insider purchases, and 1 insider sale for $32,860 activity.

Analysts expect Citizens Financial Group, Inc. (NYSE:CFG) to report $0.90 EPS on October, 19.They anticipate $0.22 EPS change or 32.35 % from last quarter’s $0.68 EPS. CFG’s profit would be $428.35 million giving it 11.23 P/E if the $0.90 EPS is correct. After having $0.88 EPS previously, Citizens Financial Group, Inc.’s analysts see 2.27 % EPS growth. The stock decreased 1.39% or $0.57 during the last trading session, reaching $40.41. About 3.09M shares traded. Citizens Financial Group, Inc. (NYSE:CFG) has risen 17.05% since September 25, 2017 and is uptrending. It has outperformed by 1.43% the S&P500.

Citizens Financial Group, Inc. (NYSE:CFG) Ratings Coverage

Among 8 analysts covering Citizens Financial (NYSE:CFG), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Citizens Financial had 11 analyst reports since March 26, 2018 according to SRatingsIntel. Deutsche Bank upgraded the stock to “Buy” rating in Wednesday, April 4 report. Sandler O’Neill maintained Citizens Financial Group, Inc. (NYSE:CFG) rating on Monday, March 26. Sandler O’Neill has “Hold” rating and $4500 target. The stock of Citizens Financial Group, Inc. (NYSE:CFG) has “Buy” rating given on Friday, April 20 by Vining Sparks. The rating was maintained by Citigroup on Monday, April 9 with “Neutral”. The firm earned “Buy” rating on Friday, April 20 by BMO Capital Markets. The rating was maintained by Morgan Stanley on Tuesday, September 18 with “Overweight”. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Wednesday, April 4 report. The firm has “Outperform” rating given on Monday, April 23 by BMO Capital Markets. Morgan Stanley maintained the shares of CFG in report on Thursday, May 31 with “Overweight” rating. The company was upgraded on Monday, April 23 by Sandler O’Neill.

Citizens Financial Group, Inc. operates as the bank holding firm for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide retail and commercial banking services and products in the United States. The company has market cap of $19.23 billion. It operates in two divisions, Consumer Banking and Commercial Banking. It has a 11 P/E ratio. The Consumer Banking segment offers traditional banking services and products, including checking, savings, mortgage and home equity lending, student loans, personal unsecured lines and loans, credit cards, business loans, and wealth management and investment services for retail clients and small businesses.

Another recent and important Citizens Financial Group, Inc. (NYSE:CFG) news was published by Seekingalpha.com which published an article titled: “Banks mostly tone down expectations for Q3, but Wells Fargo delivers some good news” on September 14, 2018.

Citizens Financial Group, Inc. (NYSE:CFG) Institutional Positions Chart

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