Citizens Financial Group (CFG) has been a topic of interest in the stock market recently.
QRG Capital Management and
Atria Investments have both increased their stakes in CFG.
Janus Henderson Group and a number of other firms, however, have reduced theirs. Despite mixed Q1 and Q2 2024 earnings, shares perform well on strong trading days, outperforming competitors and showing an increase in price. Some of its Q2 earnings failed to meet estimates due to lower loan demand. Looking ahead,
Citizens Financial Group is expected to post FY2025 earnings of $3.71 per share.
Zacks Research Equities have reduced earnings estimates, yet there has been a price target increase to $50.00. Significantly,
Citizens Financial Group announced a cfo transition. Citizens Financial Group continues wealth business expansion amidst a revaluation of CEO's salary. The company has received an upgrade among regional banking sector woes and demonstrates rising price performance. Critical metrics, however, are continuing to soften, with quarterly earnings often just in line with expectations. The group sees strong balance sheet aiding them amidst high costs.
Citizens Financial Group CFG News Analytics from Tue, 07 Nov 2023 08:00:00 GMT to Sun, 11 Aug 2024 13:24:13 GMT -
Rating 8
- Innovation 2
- Information 6
- Rumor -6