With 2.78 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.24 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $45.49 whereas the lowest price it dropped to was $44.31. The 52-week range on CFG shows that it touched its highest point at $49.25 and its lowest point at $30.24 during that stretch. It currently has a 1-year price target of $51.87. With its current market cap of 19.70 billion, CFG has annualized dividend of $1.68 while the current yield stands at 3.76%. Beta for the stock currently stands at 1.34.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CFG was up-trending over the past week, with a rise of 2.62%, but this was down by -4.43% over a month. Three-month performance surged to 8.57% while six-month performance rose 23.14%. The stock gained 33.95% in the past year, while it has gained 2.15% so far this year. A look at the trailing 12-month EPS for CFG yields 2.54 with Next year EPS estimates of 3.82. For the next quarter, that number is 0.82. This implies an EPS growth rate of -3.47% for this year and 26.33% for next year. EPS is expected to grow by 8.21% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.34%.
Float and Shares Shorts:
At present, 445.22 million CFG shares are outstanding with a float of 436.91 million shares on hand for trading. On 2024-12-13, short shares totaled 10.57 million, which was 240.0 higher than short shares on 1731628800. In addition to Mr. Bruce Winfield Van Saun as the firm’s CEO & Chairman of the Board, Mr. John F. Woods serves as its Vice Chairman & CFO.
Institutional Ownership:
Through their ownership of 0.97998 of CFG’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CFG since 9 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CFG analysts setting a high price target of 58.0 and a low target of 42.6, the average target price over the next 12 months is 51.405. Based on these targets, CFG could surge 29.75% to reach the target high and fall by -4.7% to reach the target low. Reaching the average price target will result in a growth of 15.0% from current levels.
Analysts have provided yearly estimates in a range of $3.06126 being high and $2.99553 being low. For CFG, this leads to a yearly average estimate of $3.0237. Based on analyst estimates, the high estimate for the next quarter is $0.88 and the low estimate is $0.64. The average estimate for the next quarter is thus $0.76.
