Citizens Financial Group Inc (NYSE: CFG) is 23.76% higher on its value in year-to-date trading and has touched a low of $32.60 and a high of $49.25 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CFG stock was last observed hovering at around $42.50 in the last trading session, with the day’s loss setting it -37.48%.
Currently trading at $5.02M, the stock is 4.74% and 8.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.58 million and changing 4576183% at the moment leaves the stock 0.94% off its SMA200. CFG registered -1.92% loss for a year compared to 6-month loss of 0.61%. The firm has a 50-day simple moving average (SMA 50) of $39.3918 and a 200-day simple moving average (SMA200) of $42.5198.
The stock witnessed a 7.92% gain in the last 1 month and extending the period to 3 months gives it a 1.61%, and is 4.66% up 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 0.61% over the week and 1.51% over the month.
Citizens Financial Group Inc (CFG) has around 17287 employees, a market worth around $18.61B and $12.18B in sales. Current P/E ratio is 13.67 and Fwd P/E is 8.71. Profit margin for the company is 11.56%. Distance from 52-week low is 31.66% and -12.85% from its 52-week high. The company has generated returns on investments over the last 12 months (3.98%).
The EPS is expected to grow by 23.38% this year.
Citizens Financial Group Inc (CFG) Top Institutional Holders
1171.0 institutions hold shares in Citizens Financial Group Inc (CFG), with institutional investors hold 98.26% of the company’s shares. The shares outstanding are 437.67M, and float is at 429.63M with Short Float at 2.91%. Institutions hold 97.59% 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 12.191% 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 11.5149 of the shares outstanding. The other top investors are STATE STREET CORP which holds 24.21 million shares representing 5.3312% and valued at over $872.33 million, while INVESCO LTD. holds 4.8624 of the shares totaling 22.08 million with a market value of $795.63 million.
