Citizens Financial Group Inc. ($CFG) Stock Forecast: Down 1.6% Today

What is Citizens Financial Group Inc.?

Citizens Financial Group Inc. (NYSE: CFG) is a financial institution that offers a range of retail and commercial banking products and services. The stock has shown a bearish movement today.

Why is Citizens Financial Group Inc. going down?

CFG stock is down 1.6% on Feb 20, 2025 15:36

• The recent decrease in Citizens Financial Group Inc.'s stock price over the past month could be attributed to profit-taking by investors after a significant spike in the past year.
• The slight spike in the current market session may indicate some short-term volatility or trading activity.
• Investors might be reevaluating the company's price-to-earnings ratio, which could be influencing the bearish movement in the stock today.
• Overall, the bearish movement in CFG's stock today could be a combination of profit-taking, market volatility, and investor sentiment regarding the company's valuation metrics.

CFG Price Chart

CFG Technical Analysis

CFG News

A Look Into Citizens Financial Group Inc's Price Over Earnings - Citizens Financial Group ( NYSE:CFG )

In the current market session, Citizens Financial Group Inc. CFG share price is at $46.57, after a 0.47% spike. Moreover, over the past month, the stock decreased by 3.60%, but in the past year, spiked by 49.31%.

https://www.benzinga.com/insights/news/25/02/43785843/a-look-into-citizens-financial-group-incs-price-over-earnings

Trending Today

Sui ($SUI) Crypto Forecast: Up 9.0% Today

CF Industries Holdings Inc. ($CF) Stock Forecast: Down 5.0% Today

Amplitude Inc. ($AMPL) Stock Forecast: Up 22.2% Today

Algorand ($ALGO) Crypto Forecast: Up 5.0% Today

Sonic (prev. FTM) ($S) Crypto Forecast: Up 18.4% Today

Wingstop Inc. ($WING) Stock Forecast: Down 6.4% Today

Repligen Corporation ($RGEN) Stock Forecast: Up 9.7% Today

NEAR Protocol ($NEAR) Crypto Forecast: Up 8.6% Today

Carvana Co ($CVNA) Stock Forecast: Down 14.5% Today

fuboTV Inc. ($FUBO) Stock Forecast: Down 5.6% Today

Citizens Financial Group Inc. Price History

06.00.2025 - CFG Stock was up 0.9%

• CFG's bullish movement today could be attributed to positive market sentiment towards the financial sector as a whole.
• The discussion about the best altcoins in 2025 may have sparked general interest in the cryptocurrency market, leading investors to diversify their portfolios and potentially consider traditional financial institutions like CFG.
• The analyst's top picks for altcoins in 2025 may have also indicated a positive outlook for the overall financial market, boosting confidence in companies like CFG.
• Overall, CFG's strong bullish movement today could be a result of increased investor optimism and a broader positive market outlook driven by potential opportunities in both traditional and emerging financial sectors.

23.07.2024 - CFG Stock was up 3.4%

• Participation at a recent conference likely sparked investor interest and confidence in Citizens Financial Group's future prospects.
• Positive market sentiment could also be attributed to the company's strong balance sheet position and strategic initiatives, despite concerns about rising costs.
• The bullish movement in CFG's stock today reflects investor optimism about the company's performance and growth potential in the financial services sector.

10.11.2024 - CFG Stock was up 1.4%

• The significant decrease in short interest indicates growing confidence in Citizens Financial Group among investors.
• The reduced number of shares sold short could have led to increased buying pressure, driving the stock price higher.
• This positive market sentiment could be attributed to improving financial performance or positive developments within the company, prompting investors to take a more optimistic stance on CFG's future prospects.

04.09.2024 - CFG Stock was up 5.0%

• The bullish movement in CFG stock today can be attributed to the company's expansion in California, which indicates a positive growth trajectory for the business.
• The increase in short interest in CFG stock could have also contributed to the bullish movement as short sellers may have started to cover their positions, leading to a surge in the stock price.
• The company's efforts to boost wealth management offerings and rising loan & deposit balances are likely seen positively by investors, offsetting concerns about high costs.
• Overall, the market seems to be reacting favorably to CFG's expansion plans and strategic initiatives, outweighing any negative sentiment related to rising costs.

20.01.2025 - CFG Stock was down 1.6%

• The recent decrease in Citizens Financial Group Inc.'s stock price over the past month could be attributed to profit-taking by investors after a significant spike in the past year.
• The slight spike in the current market session may indicate some short-term volatility or trading activity.
• Investors might be reevaluating the company's price-to-earnings ratio, which could be influencing the bearish movement in the stock today.
• Overall, the bearish movement in CFG's stock today could be a combination of profit-taking, market volatility, and investor sentiment regarding the company's valuation metrics.

15.00.2025 - CFG Stock was up 5.1%

• Strong bullish movement in CFG stock observed today.
• Market analysts are anticipating positive Q4 earnings results.
• Expectations of earnings growth are boosting investor confidence and driving up the stock price.
• Positive sentiment surrounding CFG's key metrics is contributing to the bullish market movement.

13.01.2024 - CFG Stock was down 5.5%

• The stock downgraded by some analysts likely impacted the bearish movement of Citizens Financial Group's stock.
• An increase in the price target by another analyst indicates a positive outlook for the stock, although it did not have a significant impact on the market.
• Positive forecasted earnings for Q3 2024 by an independent research firm may not have been enough to counter the overall bearish sentiment in the market.
• These factors together suggest that the downgrade in rating played a significant role in the bearish movement of CFG today.

13.01.2024 - CFG Stock was down 5.6%

• The downgrading of Citizens Financial Group's rating by two financial firms may have influenced the bearish movement of the stock.
• Despite an initial boost in optimism due to a price target increase by a prominent financial institution, the overall trend remained bearish.
• The earnings forecast for Q3 2024, which fell short of investor expectations, likely contributed to the stock's downward trajectory.
• While news of Citizens Bank offering competitive rates on its certificate of deposit account emerged, it did not seem to have a notable impact on CFG's stock performance.

14.10.2023 - CFG Stock was up 6.6%

• Glassman Wealth Services decreased its stock position in CFG, indicating a lack of confidence in the company's future prospects. However, this did not seem to have a significant impact on the stock's bullish movement.
• Kovitz Investment Group Partners LLC increased its holdings in CFG, suggesting a positive sentiment towards the stock. This could have contributed to the bullish movement.
• Wilbanks Smith & Thomas Asset Management LLC reduced its stake in CFG, which could have initially raised concerns. However, this did not hinder the stock's bullish momentum.
• Bill Gross, the Bond King, emphasized bank stocks, including CFG, as potential investments. This endorsement from a prominent investor may have attracted buyers and contributed to the bullish movement.
• Overall, despite some mixed signals from different investment firms, CFG experienced a strong bullish movement, potentially driven by positive sentiment and endorsement from Bill Gross.

05.02.2024 - CFG Stock was up 5.1%

• An analyst foresees a rapid surge in Centrifuge (CFG) amid the expanding tokenization field.
• CFG's price is anticipated to hit a new record high in the upcoming altseason.
• The surge in CFG's value may be attributed to the rising interest in tokenization and the generally positive investor sentiment in the crypto market.
• Investors appear hopeful about Centrifuge (CFG)'s growth potential and future opportunities, fueling today's strong bullish performance.

10.05.2024 - CFG Stock was up 2.2%

• Despite the tough climate for regional bank stocks, CFG demonstrated a bullish trend, showing potential strength and optimism towards the company.
• The recent announcement of executive bonuses and expansion of wealth management services by Citizens Financial Services may have increased investor confidence in the company's growth prospects.
• CFG's participation in the Morgan Stanley conference could have offered insights into the company's future plans and strategic direction, influencing the positive market movement.
• A shift in the schedule of the third-quarter results conference call could have also heightened anticipation and positive outlook among investors, contributing to the bullish trend in CFG's stock.

03.06.2024 - CFG Stock was down 3.2%

• The short interest in Citizens Financial Group (CFG) has decreased significantly by 11.54%, indicating a potential lack of confidence among investors.
• Despite declaring a boost in their buyback program and stress buffer, the market reaction seems to be negative, possibly due to concerns about the company's future performance.
• The increase in share repurchase authorization to $1.25 billion might not have been sufficient to offset the overall sentiment surrounding the stock, leading to the bearish movement.
• Investors may be interpreting the stress test results and capital actions as insufficient to mitigate potential risks, resulting in the downward pressure on CFG's stock price.