CFG Stock Summary and Trading Ideas (Citizens Financial Group | NYSE:CFG)

Citizens Financial Group is a bank holding company headquartered in Providence, Rhode Island. Its two primary business segments are consumer banking and commercial banking. Citizens offers a mix of retail and commercial products including capital markets and wealth options. The bank has over 1,100 branches in 14 states, although it is concentrated in the Northeast. It has over $220 billion of total assets. It generates maximum revenue from Consumer Banking Segment.

Citizens Financial Group trades on the NYSE stock market under the symbol CFG.

As of April 19, 2024, CFG stock price climbed to $33.99 with 7,276,810 million shares trading.

CFG has a beta of 1.86, meaning it tends to be more sensitive to market movements. CFG has a correlation of 0.30 to the broad based SPY ETF.

CFG has a market cap of $15.59 billion. This is considered a Large Cap stock.

Last quarter Citizens Financial Group reported $2 billion in Revenue and $.79 earnings per share. This fell short of revenue expectation by $-1 million and exceeded earnings estimates by $.05.

In the last 3 years, CFG stock traded as high as $57.00 and as low as $22.77.

The top ETF exchange traded funds that CFG belongs to (by Net Assets): VTI, VOO, VO, DVY, SPY.

CFG stock has underperformed the market in the last year with a return of +17.0%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CFG shares. However, CFG has outperformed the market in the last 3 month and 2 week periods, returning +5.6% and 0.0%, while SPY returned +3.0% and -4.5%, respectively. This indicates CFG has been having a stronger performance recently.

CFG support price is $32.19 and resistance is $33.62 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CFG stock will trade within this expected range on the day.