Seaport Res Ptn Has Strong Outlook for Citigroup Q1 Earnings

Citigroup Inc. (NYSE:C - Free Report) - Stock analysts at Seaport Res Ptn increased their Q1 2026 earnings per share estimates for shares of Citigroup in a report released on Monday, July 21st. Seaport Res Ptn analyst J. Mitchell now anticipates that the company will earn $2.40 per share for the quarter, up from their previous forecast of $2.34. The consensus estimate for Citigroup's current full-year earnings is $7.53 per share. Seaport Res Ptn also issued estimates for Citigroup's Q4 2026 earnings at $2.73 EPS.

Citigroup (NYSE:C - Get Free Report) last issued its quarterly earnings data on Tuesday, July 15th. The company reported $1.96 EPS for the quarter, beating analysts' consensus estimates of $1.61 by $0.35. The business had revenue of $21.67 billion for the quarter, compared to analyst estimates of $20.75 billion. Citigroup had a return on equity of 7.29% and a net margin of 8.44%. The firm's revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.52 EPS.

Several other analysts also recently weighed in on the company. UBS Group restated a "neutral" rating and set a $89.00 target price on shares of Citigroup in a research note on Tuesday, July 15th. Evercore ISI set a $77.00 target price on Citigroup in a research note on Monday, July 7th. Oppenheimer increased their target price on Citigroup from $107.00 to $123.00 and gave the company an "outperform" rating in a research note on Wednesday, July 16th. Barclays increased their target price on Citigroup from $95.00 to $100.00 and gave the company an "overweight" rating in a research note on Wednesday, July 16th. Finally, Morgan Stanley increased their target price on Citigroup from $103.00 to $107.00 and gave the company an "overweight" rating in a research note on Wednesday, July 16th. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $96.46.

Citigroup Stock Up 0.7%

Shares of NYSE C traded up $0.65 during mid-day trading on Thursday, reaching $96.04. 13,537,763 shares of the company traded hands, compared to its average volume of 16,283,003. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.98 and a current ratio of 0.99. The stock has a market cap of $179.37 billion, a PE ratio of 14.19, a price-to-earnings-growth ratio of 0.82 and a beta of 1.34. The company's fifty day moving average is $82.36 and its two-hundred day moving average is $76.25. Citigroup has a fifty-two week low of $53.51 and a fifty-two week high of $96.90.

Citigroup Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Monday, August 4th will be given a $0.60 dividend. The ex-dividend date of this dividend is Monday, August 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.50%. This is an increase from Citigroup's previous quarterly dividend of $0.56. Citigroup's dividend payout ratio (DPR) is currently 33.09%.

Insider Buying and Selling

In related news, Director Peter B. Henry sold 3,000 shares of the firm's stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $90.40, for a total transaction of $271,200.00. Following the completion of the transaction, the director owned 2,140 shares in the company, valued at $193,456. This trade represents a 58.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Cunningham Dugan sold 4,417 shares of the firm's stock in a transaction that occurred on Wednesday, April 30th. The stock was sold at an average price of $68.26, for a total value of $301,504.42. Following the transaction, the director owned 13,048 shares of the company's stock, valued at $890,656.48. This trade represents a 25.29% decrease in their position. The disclosure for this sale can be found here. 0.08% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Citigroup

Several hedge funds and other institutional investors have recently modified their holdings of C. Orion Capital Management LLC acquired a new stake in Citigroup during the 4th quarter valued at $28,000. MorganRosel Wealth Management LLC acquired a new stake in Citigroup during the 1st quarter valued at $28,000. American National Bank & Trust acquired a new stake in Citigroup during the 1st quarter valued at $29,000. Accent Capital Management LLC increased its holdings in Citigroup by 106.0% during the 1st quarter. Accent Capital Management LLC now owns 412 shares of the company's stock valued at $29,000 after purchasing an additional 212 shares in the last quarter. Finally, Truvestments Capital LLC increased its holdings in Citigroup by 131.6% during the 1st quarter. Truvestments Capital LLC now owns 433 shares of the company's stock valued at $31,000 after purchasing an additional 246 shares in the last quarter. Institutional investors own 71.72% of the company's stock.

About Citigroup

Citigroup Inc, a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.