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In the latest session, Citizens Financial Group Inc (NYSE: CFG) closed at $35.55 up 0.88% from its previous closing price of $35.24. In other words, the price has increased by $0.88 from its previous closing price. On the day, 5.21 million shares were traded. CFG stock price reached its highest trading level at $35.8 during the session, while it also had its lowest trading level at $35.21.
Ratios:
For a deeper understanding of Citizens Financial Group Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.49.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on April 26, 2024, Upgraded its rating to Overweight and sets its target price to $41 from $35 previously.
On February 05, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $36.
Barclays Downgraded its Overweight to Equal Weight on January 02, 2024, whereas the target price for the stock was revised from $38 to $40.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 19 ’24 when Read Craig Jack sold 6,327 shares for $33.70 per share. The transaction valued at 213,220 led to the insider holds 37,558 shares of the business.
Read Craig Jack sold 4,508 shares of CFG for $151,198 on Mar 05 ’24. The Controller now owns 43,885 shares after completing the transaction at $33.54 per share. On Oct 27 ’23, another insider, Lillis Terrance, who serves as the Director of the company, bought 1,000 shares for $22.86 each. As a result, the insider paid 22,865 and bolstered with 4,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CFG now has a Market Capitalization of 16175961088 and an Enterprise Value of 21247959040. As of this moment, Citizens’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.85, and their Forward P/E ratio for the next fiscal year is 8.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 15.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 0.75. Its current Enterprise Value per Revenue stands at 2.885.
Stock Price History:
The Beta on a monthly basis for CFG is 1.34, which has changed by 0.2889775 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, CFG has reached a high of $37.30, while it has fallen to a 52-week low of $22.77. The 50-Day Moving Average of the stock is 0.91%, while the 200-Day Moving Average is calculated to be 12.58%.
Shares Statistics:
For the past three months, CFG has traded an average of 4.62M shares per day and 4811750 over the past ten days. A total of 466.42M shares are outstanding, with a floating share count of 451.21M. Insiders hold about 0.84% of the company’s shares, while institutions hold 95.00% stake in the company. Shares short for CFG as of 1718323200 were 7898513 with a Short Ratio of 1.71, compared to 1715731200 on 13862706. Therefore, it implies a Short% of Shares Outstanding of 7898513 and a Short% of Float of 2.3.
Dividends & Splits
According to the company, the forward annual dividend rate for CFG is 1.68, from 1.68 in the trailing year. Against a Trailing Annual Dividend Yield of 0.047673095The stock’s 5-year Average Dividend Yield is 4.57.
