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How to Buy Citizens Financial Group Stock

Citizens Financial Group Inc

Citizens Financial Group is a bank company located in Rhode Island, United States, which is part of the Financial Services sector, and is traded under the ticker CFG on the NYSE exchange.

Citizens Financial Group stock last closed at $38.20, up 0% from the previous day, and has increased 35.89% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.15 percentage points. Citizens Financial Group stock is currently +67.76% from its 52-week low of $22.77, and -0.43% from its 52-week high of $38.37.

At the moment, there are 455.02M CFG shares outstanding. The market cap of CFG is $17.38B. In the last 24 hours, 3.8M CFG shares were traded.

How to Buy Citizens Financial Group Stock

Wondering how to invest in Citizens Financial Group stock? Here's how.
  1. Figure out where to buy Citizens Financial Group stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Citizens Financial Group stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Pick your payment method and add your details.
  4. Analyze Citizens Financial Group stock: The Citizens Financial Group ticker symbol is CFG. Is Citizens Financial Group stock a good investment? Should you buy shares of CFG? How do CFG's underlying business fundamentals look? Do top analysts think Citizens Financial Group is a good buy? Why has CFG's stock price moved recently? (Hint: Our stock market analysis website can help you decide if CFG is a good stock to buy).
  5. Place your CFG buy order: Decide if you will purchase CFG shares at the current market price or use a limit order to buy CFG shares at a particular price.
  6. Keep tabs on your investment in CFG: Create a watchlist to keep track of your investment in Citizens Financial Group shares.

Step 1: Figure out where to buy Citizens Financial Group stock

You need a brokerage account to access the NYSE market and buy CFG shares.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal details so you can buy CFG stock today.

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Step 3: Deposit money your investment account

Now that you have finished signing up on one of the best stock trading apps, you can securely and quickly fund your account:

Watch the walkthrough below if you need help depositing money into your brokerage account.

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Step 4: Analyze Citizens Financial Group stock

After you have decided on the best place to buy Citizens Financial Group stock, it's absolutely critical to analyze their stock before you buy, so you can understand the risk as well as the upside.

Citizens Financial Group quick stats

CFG Price
$38.20
1w %
8.4%
1y %
35.89%
5y %
6.85%
P/E
13.69x
P/B
0.73x
P/S
2.39x
PEG
0.79x
Revenue
$7.37B
Earnings
$1.31B
Fore. Rev. Growth
6.54%
Fore. Earn. Growth
19.19%
Market Cap
$17.38B
Next Earnings
Jul 17, 2024
Next Dividend
N/A

Citizens Financial Group Fundamentals

WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in less time.

You can view all of the due diligence checks on CFG's stock page.

Is CFG stock properly valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge CFG's fair value.

Using relative valuations ratios:

  • CFG could be overvalued based on its P/E ratio of 13.69x, relative to Banks - Regional industry P/E ratio of 13.49x
  • CFG may be undervalued based on its P/B ratio of 0.73x, relative to Banks - Regional industry P/B ratio of 1.09x
  • CFG could be undervalued based on its PEG ratio of 0.79x

You can do additional valuation research on CFG's stock here.

How do CFG Financials look?

Pros:

  • CFG earnings of $1.67B is not enough to cover its interest payments.

Cons:

  • CFG profit margin has gone down from 26.1% to 17.7% in the past year.
  • Total CFG debt is higher than 5 years ago, relative to shareholder equity.
  • CFG has a relatively high debt to equity ratio of 8.28.
  • CFG's operating cash flow of $2.36B allows it to safely service it's debt of $13.81B.

Do analysts think it's a good time to buy CFG stock

Out of 11 Wall Street analysts who monitor CFG, the consensus analyst rating on Citizens Financial Group is a Buy

Please note that analyst forecasts are not recommendations, nor are they investment advice.

Latest CFG Analyst Ratings

Scott Siefers, a top 17% analyst from Piper Sandler upgrades CFG to a strong buy rating and raises their CFG price target from $35.00 to $41.00, on Apr 26, 2024.

Piper Sandler's Scott Siefers upgraded their rating on Citizens Financial Group (NYSE: CFG) from Hold to Strong Buy on 2024/04/26. The analyst also raised their price target by 17.1% from $35 to $41.

Taking 10 days to digest Citizens Financial's Q1 2024 results, the analyst said they "feel more comfortable "with the company's near-term net interest income progression.

Given the bank's "promising" longer-term opportunity, the stock's current valuation is "very attractive," Siefers said, pointing to Citizens' "solid" capital base, which can support earnings should loan growth not pan out as hoped.

Kevin Heal, a bottom 13% analyst from Argus Research maintains CFG with a strong buy rating and raises their CFG price target from $36.00 to $39.00, on Apr 24, 2024.

Keith Horowitz, a top 6% analyst from Citigroup maintains CFG with a strong buy rating and raises their CFG price target from $39.00 to $43.00, on Apr 19, 2024.

David Chiaverini, a top 20% analyst from Wedbush maintains CFG with a hold rating and lowers their CFG price target from $38.00 to $35.00, on Apr 18, 2024.

Erika Najarian, a bottom 7% analyst from UBS maintains CFG with a strong buy rating and raises their CFG price target from $37.00 to $38.00, on Jan 18, 2024.

You can dive deeper into what analysts are saying on the Citizens Financial Group stock forecast page.

CFG Technicals

SMA10
36.45
SMA20
35.58
SMA50
35.43
SMA100
34.57
SMA200
31.83
MACD
0.65
MACD Signal
0.33
MACD Histogram
0.32
RSI
68.86
Stochastic %K
97.06
Stochastic %D
91.86
StochRSI %K
98.75
StochRSI %D
87.26

How are CFG Revenues/Earnings doing?

Last year, CFG earnings were $1.31B. During the last 5 year, CFG's earnings have increased by -5.44% per year. This was slower than the Banks - Regional industry average of 15.59%.

Last year, CFG revenue was $7.37B. During the past five year, CFG's revenue has gone up by 4.46% per year. This was slower than the Banks - Regional industry average of 11.91%.

Dive into CFG's earnings and revenue performance here.

Are CFG insiders buying or selling the stock?

Over the last 12 months, executives and large shareholders at CFG have sold more shares than they have bought.

Craig Jack Read, Controller of CFG, was the latest CFG insider to sell. They sold $213,219.90 worth of CFG stock on Apr 19, 2024.

Dig into more about who owns CFG shares here.

Can I rely on CFG as an income stream?

Citizens Financial Group pays a dividend of 4.4%, compared to the Banks - Regional industry's average dividend yield of 3.49%. If you owned $1,000 of CFG stock, you would have been paid $43.98 last year.

Citizens Financial Group dividend payments have consistently grown over the past decade and have remained stable.

Get more data about Citizens Financial Group dividend yield and history here.

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Step 5: Place your CFG buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at an exact price limit, use a limit order.

Click the Open button and eToro will place your order.

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Step 6: Keep tabs on your investment in CFG

Now that you own some CFG stock, you'll want to keep up with your investment.

Add CFG to a watchlist to keep tabs on your CFG stock.

CFG Feed

How to Buy Stock in Citizens Financial Group

To summarize, here are the 6 steps to buy stock in Citizens Financial Group:

  1. Figure out where to buy Citizens Financial Group stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Analyze Citizens Financial Group stock
  5. Place your CFG buy order
  6. Keep tabs on your investment in CFG

If you are looking for a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your investment in Citizens Financial Group, create a watchlist on WallStreetZen today.

NYSE: CFG
$38.20+0.00 (+0%)
Updated Jul 12, 2024
Open eToro Account
NYSE: CFG
$38.20+0.00 (+0%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Citizens Financial Group share?

As of Jul 12, 2024, it costs $38.20 to buy one share of Citizens Financial Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.262 shares of CFG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Citizens Financial Group stock?

According to 11 Wall Street analysts who monitor Citizens Financial Group, their consensus recommendation is to buy Citizens Financial Group stock.

What is the best way to buy Citizens Financial Group stock?

One way to place an order for Citizens Financial Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.