Citizens Financial Group Inc (NYSE: CFG) is -1.05% lower on its value in year-to-date trading and has touched a low of $30.24 and a high of $49.25 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CFG stock was last observed hovering at around $44.78 in the last trading session, with the day’s loss setting it -1.48%.
Currently trading at $43.30, the stock is -2.10% and -4.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.07 million and changing -3.31% at the moment leaves the stock 8.45% off its SMA200. CFG registered 29.91% gain for a year compared to 6-month gain of 13.35%. The firm has a 50-day simple moving average (SMA 50) of $45.2558 and a 200-day simple moving average (SMA200) of $39.92795.
The stock witnessed a -5.81% loss in the last 1 month and extending the period to 3 months gives it a 4.41%, and is -0.69% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.68% over the week and 2.63% over the month.
Citizens Financial Group Inc (CFG) has around 17570 employees, a market worth around $19.08B and $12.53B in sales. Current P/E ratio is 17.04 and Fwd P/E is 11.31. Profit margin for the company is 9.29%. Distance from 52-week low is 43.19% and -12.08% from its 52-week high. The company has generated returns on investments over the last 12 months (3.22%).
with sales reaching $1.96B over the same period.The EPS is expected to shrink by -3.37% this year, but quarterly earnings will post -5.35% year-over-year. Quarterly sales are estimated to shrink -1.46% in year-over-year returns.
Citizens Financial Group Inc (CFG) Top Institutional Holders
1107.0 institutions hold shares in Citizens Financial Group Inc (CFG), with institutional investors hold 98.66% of the company’s shares. The shares outstanding are 445.22M, and float is at 436.91M with Short Float at 2.06%. Institutions hold 97.99% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 55.36 million shares valued at $1.99 billion. The investor’s holdings represent 12.0003% of the CFG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 52.29 million shares valued at $1.88 billion to account for 11.3348 of the shares outstanding. The other top investors are STATE STREET CORP which holds 24.21 million shares representing 5.2478% and valued at over $872.33 million, while INVESCO LTD. holds 4.7864 of the shares totaling 22.08 million with a market value of $795.63 million.
Citizens Financial Group Inc (CFG) Insider Activity
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Still, SEC filings show that on Jul 25 ’24, Read Craig Jack (Controller) disposed off 3,938 shares at an average price of $43.26 for $0.17 million. The insider now directly holds 33,620 shares of Citizens Financial Group Inc (CFG).
