Q2 Earnings Forecast for Citigroup Issued By Seaport Res Ptn

Citigroup Inc. (NYSE:C - Free Report) - Equities research analysts at Seaport Res Ptn reduced their Q2 2025 earnings per share (EPS) estimates for Citigroup in a report issued on Tuesday, July 8th. Seaport Res Ptn analyst J. Mitchell now forecasts that the company will post earnings of $1.67 per share for the quarter, down from their prior forecast of $1.77. The consensus estimate for Citigroup's current full-year earnings is $7.53 per share. Seaport Res Ptn also issued estimates for Citigroup's Q2 2026 earnings at $2.49 EPS and Q3 2026 earnings at $2.54 EPS.

Several other research firms have also issued reports on C. Truist Financial increased their target price on Citigroup from $84.00 to $93.00 and gave the stock a "buy" rating in a research note on Wednesday. The Goldman Sachs Group increased their price target on Citigroup from $85.00 to $96.00 and gave the company a "buy" rating in a research report on Wednesday, July 2nd. Morgan Stanley lifted their price objective on Citigroup from $94.00 to $103.00 and gave the company an "overweight" rating in a research note on Thursday, July 3rd. Cowen initiated coverage on Citigroup in a research note on Wednesday, May 14th. They issued a "hold" rating for the company. Finally, Piper Sandler reissued an "overweight" rating and issued a $77.00 price objective (down from $83.00) on shares of Citigroup in a research report on Wednesday, April 16th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $86.37.

Citigroup Trading Up 0.2%

Shares of Citigroup stock traded up $0.19 during trading hours on Wednesday, hitting $85.76. The company's stock had a trading volume of 9,925,200 shares, compared to its average volume of 14,662,222. Citigroup has a twelve month low of $53.51 and a twelve month high of $88.83. The firm has a fifty day moving average of $77.35 and a 200-day moving average of $74.45. The stock has a market cap of $160.18 billion, a price-to-earnings ratio of 13.55, a P/E/G ratio of 0.68 and a beta of 1.34. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.98 and a current ratio of 0.98.

Citigroup (NYSE:C - Get Free Report) last issued its earnings results on Tuesday, April 15th. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.84 by $0.12. Citigroup had a return on equity of 6.94% and a net margin of 7.95%. The company had revenue of $21.60 billion during the quarter, compared to analysts' expectations of $21.34 billion.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of C. Norges Bank acquired a new stake in shares of Citigroup in the 4th quarter valued at approximately $1,935,599,000. Capital World Investors raised its holdings in Citigroup by 455.2% during the fourth quarter. Capital World Investors now owns 31,352,582 shares of the company's stock worth $2,206,908,000 after purchasing an additional 25,705,141 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Citigroup by 179.5% during the first quarter. Goldman Sachs Group Inc. now owns 14,534,297 shares of the company's stock worth $1,031,790,000 after purchasing an additional 9,334,038 shares during the last quarter. Nuveen LLC acquired a new position in Citigroup during the first quarter worth $578,100,000. Finally, FMR LLC raised its holdings in Citigroup by 29.7% during the fourth quarter. FMR LLC now owns 34,362,176 shares of the company's stock worth $2,418,754,000 after purchasing an additional 7,863,718 shares during the last quarter. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Citigroup

In related news, 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 transaction of $301,504.42. Following the transaction, the director owned 13,048 shares in the company, valued at $890,656.48. This trade represents a 25.29% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.08% of the stock is owned by corporate insiders.

Citigroup Company Profile

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.