Citizens Financial Group Set to Report Earnings Amid Positive Projections

Citizens Financial Group, Inc. (CFG), with a market cap of $18.2 billion, serves as a bank holding company. It offers a variety of retail and commercial banking products and services tailored for individuals, small businesses, middle-market companies, large corporations, and institutions across the United States.

Upcoming Earnings Announcement

The company is scheduled to announce its fiscal Q1 earnings on Wednesday, April 16. Analysts anticipate CFG will report earnings of $0.75 per share, reflecting a 15.4% increase from $0.65 per share reported in the same quarter last year. Over the last four quarters, CFG has missed Wall Street’s expectations in two instances while meeting or exceeding forecasts in the other two. In the previous quarter, driven by strong demand, CFG posted an EPS of $0.85, surpassing the consensus estimate by 2.4%.

Future Earnings Projections

For fiscal year 2025, analysts predict the company will generate EPS of $3.81, a growth of 17.6% from $3.24 in fiscal 2024. Furthermore, CFG’s EPS is forecasted to continue advancing, reaching $4.95 in fiscal 2026, which represents an annual growth rate of 29.9%.

Stock Performance and Market Context

Over the past year, CFG shares have increased by 3.7%, which slightly outpaces the S&P 500 Index’s gain of 3.6%. However, it falls short of the Financial Select Sector SPDR Fund’s (XLF) notable return of 14.5% within the same timeframe.

On April 1, CFG shares rose by more than 2% after Autonomous began coverage with an “Outperform” rating, positing a price target of $50. This positive trend occurs despite President Trump’s announcement of his “Liberation Day” tariff strategy, which introduces baseline 10% tariffs, yet CFG continues to display significant growth and resilience in the financial sector.

Analyst Insights and Stock Valuation

Analysts exhibit a cautiously optimistic stance on CFG, assigning an overall “Moderate Buy” rating. Out of 20 analysts evaluating the stock, reviews include 11 “Strong Buys,” one “Moderate Buy,” and eight “Holds.”

CFG’s average price target of $52.16 suggests a 44% upside from its current price level.

On the date of publication,

Kritika Sarmah

did not hold (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are for informational purposes only. For more details, please review the Barchart Disclosure Policy

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