Market Movers

Citizens Financial Group, Inc.’s Stock Price Soars to $36.03, Marking a Robust 4.04% Increase

Citizens Financial Group, Inc. (CFG)

36.03 USD +1.40 (+4.04%) Volume: 7.84M

Explore the robust performance of Citizens Financial Group, Inc.’s stock price, currently standing at 36.03 USD, showcasing a promising rise of +4.04% in this trading session. With a substantial trading volume of 7.84M, the stock has experienced a commendable YTD percentage change of +8.72%, indicating a strong market presence and potential for growth.


Latest developments on Citizens Financial Group, Inc.

Citizens Financial Group, Inc. made headlines today with the announcement of a preliminary Stress Capital Buffer and a significant $656 million increase in share value. This news comes on the heels of the company’s decision to effect $1.25 billion in share buybacks after reporting excess capital. Despite this positive development, Citizens Financial Inc. stock underperformed compared to its competitors. The company’s stock price movements have been closely watched, with analysts raising the price target to $39.00 at Evercore ISI. Additionally, there was speculation about a potential headquarters relocation from Rhode Island to Massachusetts, showing the impact of external factors on the bank’s performance.


A look at Citizens Financial Group, Inc. Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores for Citizens Financial, the company seems to have a positive long-term outlook. With a high Value score of 5, it indicates that the company is considered undervalued compared to its peers. Additionally, the Dividend score of 4 suggests that Citizens Financial offers a stable dividend payout to its investors. The Resilience score of 4 also indicates that the company has shown strength and stability in the face of economic challenges.

However, Citizens Financial may face some challenges in terms of Growth and Momentum, with scores of 3 for both factors. This suggests that the company may have slower growth compared to its competitors and may lack strong upward momentum in the market. Overall, based on the Smart Scores, Citizens Financial appears to be a solid investment choice for those looking for value and stability in the long run.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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