After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Citizens Financial Group Inc. (CFG) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.02, or -0.07%, to $28.61. The Citizens Financial Group Inc. has recorded 199,002 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Citizens Financial Group, Inc. Declares Dividends on Preferred Stock.
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Stocks Info
As a NYSE listed company, CFG falls under the Financial sector while operating within the Banks – Regional industry segment. The current market capitalization of Citizens Financial Group Inc. is $13.29B. A total of 3.73 million shares were traded on the day, compared to an average of 6.26M shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, CFG has seen 12 BUY and 0 SELL insider trades, representing the acquisition of 3,722 and the disposition of 0 shares. Over the last 12 months, there were 84 BUYs and 36 SELLs from insiders. Insiders purchased 874,806 shares during that period but sold 456,481.
In the most recent transaction, Lillis Terrance bought 1,000 shares of CFG for 26.39 per share on May 17. After the transaction, the Director now owns 3,000 company shares. In a previous transaction on Apr 21, Subramaniam Shivan S. bought 3,300 shares at 28.79 per share. CFG shares that Director owns now total 66,263.
Among the insiders who sold shares, Cummings Kevin disposed of 90,689 shares on Feb 10 at a per-share price of $43.00. This resulted in the Director holding 455,789 shares of CFG after the transaction. In another insider transaction, Cummings Kevin sold 81,151 shares at $44.40 per share on Feb 07. Company shares held by the Director now total 455,789.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Citizens Financial Group Inc. pays an annual dividend of $1.68, resulting in a dividend yield of 5.87%, and it has a price to earnings (P/E) ratio of 6.49. CFG’s most recent ex-dividend date was 8/1/2023 when it declared a $0.42 quarterly dividend that was paid in cash on 8/16/2023. Previously, the company paid the dividend on 5/17/2023 with an ex-dividend date of 5/2/2023. The CFG stock dividend was $0.42 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for CFG in the last 3 months, the mean price target is $34.69 with high estimates of $44.00 and low estimates of $27.00. In terms of 52-week highs and lows, CFG has a high of $44.82 and a low of $23.37.
As of this writing, CFG has an earnings estimate of $0.95 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $1.13 per share and a lower estimate of $0.78. The company reported an EPS of $1 in the last quarter, which was -11.50% lower than expectations of $1.13.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $44.99, while its Total Shareholder’s Equity was $23.42B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CFG is Buy with a score of 4.07.
