With 5.1 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.96 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $48.25 whereas the lowest price it dropped to was $47.165. 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 $53.14. With its current market cap of 20.96 billion, CFG has annualized dividend of $1.68 while the current yield stands at 3.53%. CFG paid its most recent dividend on 1738281600, while the ex-dividend date for that was 1738281600. 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 0.23%, but this was up by 9.21% over a month. Three-month performance surged to 12.62% while six-month performance rose 11.48%. The stock gained 38.65% in the past year, while it has gained 8.71% so far this year. A look at the trailing 12-month EPS for CFG yields 3.03 with Next year EPS estimates of 4.98. For the next quarter, that number is 0.77. This implies an EPS growth rate of 26.24% for this year and 30.11% for next year. EPS is expected to grow by 26.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -4.47%.
Float and Shares Shorts:
At present, 440.54 million CFG shares are outstanding with a float of 436.91 million shares on hand for trading. On 2024-12-31, short shares totaled 9.02 million, which was 204.99999 higher than short shares on 1732838400. 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 0.97749 of CFG’s outstanding shares, institutional investors have minority control over the company.
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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 60.0 and a low target of 45.0, the average target price over the next 12 months is 53.13889. Based on these targets, CFG could surge 26.13% to reach the target high and fall by -5.4% to reach the target low. Reaching the average price target will result in a growth of 11.71% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.0829 being high and $2.85594 being low. For CFG, this leads to a yearly average estimate of $3.02616. Based on analyst estimates, the high estimate for the next quarter is $0.97 and the low estimate is $0.9. The average estimate for the next quarter is thus $0.93.
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