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"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
Baby eels remain one of America's most valuable fish after strong year in Maine
'Succession' fans brace for series finale of Emmy-winning hit drama
Free Daily Trade Alerts. Up to 15 opportunities a day. (Ad)
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
Baby eels remain one of America's most valuable fish after strong year in Maine
'Succession' fans brace for series finale of Emmy-winning hit drama
Free Daily Trade Alerts. Up to 15 opportunities a day. (Ad)
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
Baby eels remain one of America's most valuable fish after strong year in Maine
'Succession' fans brace for series finale of Emmy-winning hit drama
Free Daily Trade Alerts. Up to 15 opportunities a day. (Ad)
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
NYSE:C

Citigroup (C) Stock Forecast, Price & News

$44.60
+0.37 (+0.84%)
(As of 05/26/2023 ET)
Compare
Today's Range
$43.99
▼
$44.65
50-Day Range
$43.11
▼
$50.40
52-Week Range
$40.01
▼
$54.56
Volume
11.96 million shs
Average Volume
14.85 million shs
Market Capitalization
$86.83 billion
P/E Ratio
6.22
Dividend Yield
4.57%
Price Target
$54.68
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainShort InterestSocial MediaSustainability

Citigroup MarketRank™ Forecast

Analyst Rating
Hold
2.35 Rating Score
Upside/​Downside
22.6% Upside
$54.68 Price Target
Short Interest
Healthy
1.56% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.58
Upright™ Environmental Score
News Sentiment
-0.14mentions of Citigroup in the last 14 days
Based on 49 Articles This Week
Insider Trading
Selling Shares
$598,440 Sold Last Quarter
Proj. Earnings Growth
4.67%
From $6.00 to $6.28 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.89 out of 5 stars

Finance Sector

199th out of 903 stocks

National Commercial Banks Industry

31st out of 86 stocks

See Top Rated MarketRank™ Stocks Here

C stock logo

About Citigroup (NYSE:C) Stock

Citigroup Inc. is one of the world’s largest financial institutions. It is the 13th largest bank globally by assets and 8th by market cap with operations in consumer and institutional banking. In the US, Citigroup is the 3rd largest bank by assets and one of the Big Four deemed systemically important and “too big to fail”.

Citigroup Inc. was founded in 1812 as the City Bank of New York. The bank was run by Samuel Osgood who led the company with success for many years, even throughout the War of 1812. The bank was later renamed the National City Bank of New York in 1865 and by 1895 is the largest bank in the US. In 1913 it was the first contributor to the Federal Reserve Bank of New York and a few years later it began to expand into overseas territories.

The bank became the First National City Bank of New York after another merger in 1955 and then later, the “New York” part was dropped off as part of the 150th-anniversary celebration. By 1974 the company is known as Citicorp which is still the operational branch of the business and a global banking powerhouse. A merger with Travelers insurance group in 1998 resulted in the name Citigroup but the joint venture did not last. By 2002 Travelers was publicly traded once again but Citigroup retained the new name.

Today, the company is headquartered in New York, New York but boasts more than 200 million customer accounts in 160 countries worldwide. As of mid-2022, it operated 2,649 branches in the United States, Mexico, and Asia. The company reports nearly 725 branches in the US and 1499 in Mexico with the rest scattered throughout its territory. Total annual revenue topped $75 billion in 2022.

Citigroup is a diversified financial services holding company that owns Citicorp among other assets. The company’s mission is to serve as a trusted partner providing responsible financial solutions to its clients. Citigroup provides financial products and services to consumers, corporations, governments, and institutions. The company operates in two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).

The GCB segment offers traditional banking services including deposit and saving accounts, credit cards, personal loans, home loans, and investment services. This segment operates through local branches and digital means. The ICG segment offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients.

 

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C Stock News Headlines

May 26, 2023 | marketbeat.com
Is Apple a Growth Stock or a Value Stock? (C)
Is Apple a growth stock or a value stock? Learn more about how to categorize this popular FAANG stock with MarketBeat and how to approach investing in Apple.
May 25, 2023 | marketbeat.com
Swedish online fashion retailer blocks 42,000 customers citing excessive return pattern
Sweden-based online fashion retailer Bootz AB says it has blocked 42,000 customers for returning too many items they had purchased
May 28, 2023 | Behind the Markets (Ad)
Why Your IRA Could Crash on June 16th
China will attack Taiwan as soon as June 16th, 2023. The stock market will crash at least 35% when China makes their move.
May 24, 2023 | marketbeat.com
Citigroup to spin off Banamex, its longtime Mexican banking business
Citigroup plans to spin off its Banamex banking franchise, the company said Wednesday, a deal that would bring an end to Citi’s two-decade push into Latin America
May 24, 2023 | marketbeat.com
German central bank scales back HQ revamp, citing costs and home working
Germany’s central bank is scaling back plans to revamp its Frankfurt headquarters, citing a sharp rise in construction costs and the fact that many of its employees want to continue working from home
May 24, 2023 | marketbeat.com
Statistics agency: Migration from Russia to Finland at record levels
Finland's statistics agency says migration from Russia to Finland was at record levels last year, higher than figures seen after the collapse of the Soviet Union over 30 years ago
May 23, 2023 | marketbeat.com
The cyber gulag: How Russia tracks, censors and controls its citizens
It's becoming increasingly difficult for Russians to escape government scrutiny
May 22, 2023 | marketbeat.com
Florida sued over new law blocking Chinese citizens, other foreigners from buying property
A group of Chinese citizens living and working in Florida is suing the state over a new law that bans Chinese nationals from purchasing property in large swaths of the state
May 28, 2023 | Behind the Markets (Ad)
Why Your IRA Could Crash on June 16th
China will attack Taiwan as soon as June 16th, 2023. The stock market will crash at least 35% when China makes their move.
May 19, 2023 | marketbeat.com
South Korea to send 21-member team to Japan to review discharge plans at Fukushima nuclear plant
South Korea will send a 21-member team of government experts to Japan next week to visit the Fukushima nuclear power plant where they will review contentious Japanese plans to release treated but slightly radioactive water into the sea
May 17, 2023 | marketbeat.com
Buffett's Latest Buys: What Stocks Is He Adding to His Portfolio? (C)
Berkshire Hathaway buys $13.2 billion stake in Occidental Petroleum. Capital One is a new large holding, while stakes in Bank of America and Citigroup increase.
May 10, 2023 | marketbeat.com
German lawmakers mulls creating first citizen assembly
German lawmakers are considering whether to create the country’s first “citizen assembly” to advise parliament on the issue of food and nutrition
May 27, 2023 | nasdaq.com
Citigroup Maintains NetEase Inc - ADR (NTES) Buy Recommendation
May 27, 2023 | marketwatch.com
AI stock moves have ‘clearly been extreme,’ but the ‘kicker’ they provide prompts Citigroup to upgrade U.S. equities
May 26, 2023 | nasdaq.com
Citigroup Maintains Dollar Tree (DLTR) Buy Recommendation
May 26, 2023 | msn.com
Citigroup upgrades its rating on U.S. stocks, powered by AI boom, resilient economy
May 26, 2023 | finance.yahoo.com
UPDATE 2-Mexico president eyes 'half' of Citi unit amid IPO plan
May 26, 2023 | ca.finance.yahoo.com
Mexico president eyes 'half' of Citi unit amid IPO plan
May 26, 2023 | news.yahoo.com
Citigroup Teams Up With South Africa to Fund New Mega City and Airport
May 26, 2023 | americanbankingnews.com
Citigroup (NYSE:C) PT Lowered to $48.00 at Keefe, Bruyette & Woods
May 26, 2023 | americanbankingnews.com
Citigroup (NYSE:C) Price Target Lowered to $50.00 at Credit Suisse Group
May 25, 2023 | marketwatch.com
OPEC+ Meeting Unlikely to Lead to Sustained Higher Oil Prices, Citigroup Says -- OPIS
May 25, 2023 | msn.com
Citigroup to pursue IPO of Banamex retail operations; to resume buybacks
May 25, 2023 | bloomberg.com
Citigroup Abandons Banamex Sale, Plans 2025 IPO for Unit Instead
May 25, 2023 | barrons.com
Citigroup Stock Falls After It Says It Will Pursue an IPO for Banamex
May 25, 2023 | msn.com
Citigroup scraps Mexico unit sale, will pursue IPO instead
May 24, 2023 | finance.yahoo.com
Citigroup Plans Spin-out, IPO of Mexico-based Banamex
See More Headlines
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C Company Calendar

Last Earnings
4/14/2023
Ex-Dividend for 5/26 Dividend
4/28/2023
Dividend Payable
5/26/2023
Today
5/27/2023
Next Earnings (Estimated)
7/21/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
National commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSE:C
CUSIP
N/A
CIK
0000036684
Web
www.citigroup.com
Phone
(212) 559-1000
Fax
212-793-3946
Employees
240,000
Year Founded
1812

Price Target and Rating

Average Stock Price Forecast
$54.68
High Stock Price Forecast
$78.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+22.6%
Consensus Rating
Hold
Rating Score (0-4)
2.35
Research Coverage
17 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$7.17
Trailing P/E Ratio
6.22
Forward P/E Ratio
7.43
P/E Growth
1.44
Net Income
$14.85 billion
Net Margins
12.96%
Pretax Margin
16.88%
Return on Equity
7.84%
Return on Assets
0.60%

Debt

Debt-to-Equity Ratio
1.48
Current Ratio
0.95
Quick Ratio
0.95

Sales & Book Value

Annual Sales
$101.08 billion
Price / Sales
0.86
Cash Flow
$10.16 per share
Price / Cash Flow
4.39
Book Value
$96.97 per share
Price / Book
0.46

Miscellaneous

Outstanding Shares
1,946,750,000
Free Float
1,945,000,000
Market Cap
$86.83 billion
Optionable
Optionable
Beta
1.57

Social Links


Key Executives

  • Jane Nind FraserJane Nind Fraser
    President, Chief Executive Officer & Director
  • Anand Selvakesari
    Chief Operating Officer
  • Mark A. L. Mason
    Chief Financial Officer
  • Mike WhitakerMike Whitaker
    Head-Operations & Technology
  • Thomas Anderson
    Chief Compliance Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













C Stock - Frequently Asked Questions

Should I buy or sell Citigroup stock right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Citigroup in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" C shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in C, but not buy additional shares or sell existing shares.
View C analyst ratings or view top-rated stocks.

What is Citigroup's stock price forecast for 2023?

17 Wall Street research analysts have issued 12 month target prices for Citigroup's stock. Their C share price forecasts range from $45.00 to $78.00. On average, they anticipate the company's stock price to reach $54.68 in the next twelve months. This suggests a possible upside of 22.6% from the stock's current price.
View analysts price targets for C or view top-rated stocks among Wall Street analysts.

How have C shares performed in 2023?

Citigroup's stock was trading at $45.23 on January 1st, 2023. Since then, C stock has decreased by 1.4% and is now trading at $44.60.
View the best growth stocks for 2023 here.

Are investors shorting Citigroup?

Citigroup saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 30,230,000 shares, a decline of 19.8% from the March 31st total of 37,700,000 shares. Based on an average daily volume of 19,740,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.6% of the shares of the company are sold short.
View Citigroup's Short Interest.

When is Citigroup's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 21st 2023.
View our C earnings forecast.

How were Citigroup's earnings last quarter?

Citigroup Inc. (NYSE:C) posted its earnings results on Friday, April, 14th. The company reported $2.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.66 by $0.53. The company had revenue of $21.40 billion for the quarter, compared to analyst estimates of $20.07 billion. Citigroup had a trailing twelve-month return on equity of 7.84% and a net margin of 12.96%. The firm's revenue for the quarter was up 11.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.02 EPS.
Read the conference call transcript.

How often does Citigroup pay dividends? What is the dividend yield for Citigroup?

Citigroup announced a quarterly dividend on Monday, April 3rd. Stockholders of record on Monday, May 1st will be given a dividend of $0.51 per share on Friday, May 26th. This represents a $2.04 annualized dividend and a dividend yield of 4.57%. The ex-dividend date of this dividend is Friday, April 28th.
Read our dividend analysis for C.

What ETFs hold Citigroup's stock?

ETFs with the largest weight of Citigroup (NYSE:C) stock in their portfolio include Invesco KBW Bank ETF (KBWB), First Trust Nasdaq Bank ETF (FTXO), Invesco S&P Ultra Dividend Revenue ETF (RDIV), Optimize AI Smart Sentiment Event-Driven ETF (OAIE), WBI Power Factor High Dividend ETF (WBIY), Invesco S&P 500 Enhanced Value ETF (SPVU), Roundhill BIG Bank ETF (BIGB) and FPA Global Equity ETF (FPAG).

Is Citigroup a good dividend stock?

Citigroup (NYSE:C) pays an annual dividend of $2.04 per share and currently has a dividend yield of 4.61%. C has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 28.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, C will have a dividend payout ratio of 32.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for C.

What guidance has Citigroup issued on next quarter's earnings?

Citigroup updated its FY 2023 earnings guidance on Monday, April, 17th. The company provided EPS guidance of for the period. The company issued revenue guidance of $78.00 billion-$79.00 billion, compared to the consensus revenue estimate of $77.81 billion.

What is Michael Corbat's approval rating as Citigroup's CEO?

5,046 employees have rated Citigroup Chief Executive Officer Michael Corbat on Glassdoor.com. Michael Corbat has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Citigroup own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Citigroup investors own include Bank of America (BAC), JPMorgan Chase & Co. (JPM), Alibaba Group (BABA), Intel (INTC), NVIDIA (NVDA), AT&T (T), Walt Disney (DIS), Wells Fargo & Company (WFC), General Electric (GE) and Micron Technology (MU).

What is Citigroup's stock symbol?

Citigroup trades on the New York Stock Exchange (NYSE) under the ticker symbol "C."

Who are Citigroup's major shareholders?

Citigroup's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.38%), State Street Corp (4.24%), Berkshire Hathaway Inc (2.84%), Geode Capital Management LLC (1.81%), Bank of New York Mellon Corp (1.37%) and Susquehanna International Group LLP (0.00%). Insiders that own company stock include Cantu Ernesto Torres, Citigroup Inc, Gary M Reiner, Michael Whitaker, Sara Wechter, Titilope Cole and Zdenek Turek.
View institutional ownership trends.

How do I buy shares of Citigroup?

Shares of C stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Citigroup's stock price today?

One share of C stock can currently be purchased for approximately $44.60.

How much money does Citigroup make?

Citigroup (NYSE:C) has a market capitalization of $86.83 billion and generates $101.08 billion in revenue each year. The company earns $14.85 billion in net income (profit) each year or $7.17 on an earnings per share basis.

How many employees does Citigroup have?

The company employs 240,000 workers across the globe.

Does Citigroup have any subsidiaries?
The following companies are subsidiares of Citigroup: CitiFinancial Credit Company, AO Citibank, Acciones y Valores Banamex S.A. de C.V. Casa de Bolsa Integrante del Grupo Financiero Banamex, Afore Banamex S.A. de C.V., Associates Financial Services (Mauritius) LLC, Associates First Capital Corporation, Automated Trading Desk, Banco Citibank S.A., Banco Nacional de Mexico S.A., Bank Handlowy w Warszawie S.A., COHM Overseas Mexico Holding S. de R.L. de C.V., Citi GSCP Inc., Citi Investments Bahamas Ltd., Citi Niagara LLC, Citi Overseas Holdings Bahamas Limited, Citi Overseas Investments Bahamas Inc., Citi Real Estate Funding Inc., Citi Retail Services LLC, CitiMortgage Inc., Citibank (China) Co. Ltd., Citibank (Hong Kong) Limited, Citibank (Switzerland) AG, Citibank Anonim Sirketi, Citibank Berhad, Citibank Canada, Citibank Colombia S.A., Citibank Europe plc, Citibank Holdings Ireland Limited, Citibank Kazakhstan JSC, Citibank Korea Inc., Citibank N.A., Citibank Nigeria Limited, Citibank Overseas Investment Corporation, Citibank Singapore Limited, Citibank Taiwan Ltd., Citibank del Peru S.A., Citibank-Distribuidora de Titulos e Valores Mobiliarios S.A., Citicorp (Mexico) Holdings LLC, Citicorp Banking Corporation, Citicorp Credit Services Inc. (USA), Citicorp Finance (India) Limited, Citicorp Funding Inc., Citicorp Home Mortgage Services Inc., Citicorp International Limited, Citicorp Investment Bank (Singapore) Limited, Citicorp LLC, Citicorp Securities Services Inc., Citicorp Services India Private Limited, Citicorp USA Inc., Citigroup Alternative Investments LLC, Citigroup Asia Pacific Holding LLC, Citigroup BUSA Holdings Inc., Citigroup Capital Partners Mexico S. de R.L. de C.V., Citigroup Chile S.A., Citigroup Finance Canada ULC, Citigroup Financial Products Inc., Citigroup Global Markets Deutschland AG, Citigroup Global Markets Europe Finance Limited, Citigroup Global Markets Finance Corporation & Co. beschrankt haftende KG, Citigroup Global Markets Holdings Bahamas Limited, Citigroup Global Markets Holdings Inc., Citigroup Global Markets Inc., Citigroup Global Markets India Private Limited, Citigroup Global Markets Japan Inc., Citigroup Global Markets Korea Securities Limited, Citigroup Global Markets Limited, Citigroup Global Markets Operations and Technology LLC, Citigroup Global Markets Realty Corp., Citigroup Global Markets Switzerland Holding GmbH, Citigroup Global Markets Taiwan Securities Company Limited, Citigroup Holding (Singapore) Private Limited, Citigroup International Luxembourg Limited, Citigroup Investments Inc., Citigroup Japan Holdings G.K., Citigroup Netherlands B.V., Citigroup Niagara Holdings LLC, Citigroup Participation Luxembourg Limited, Citigroup Pty Limited, Citigroup Technology Inc., European American Bank, Grupo Financiero Banamex S.A. de C.V., Grupo Financiero Citibanamex S.A. de C.V., Holding BUSA II S. de R.L. de C.V., Holding BUSA S. de R.L. de C.V., Impulsora de Fondos Banamex S.A. de C.V. Sociedad Operadora de Sociedades de Inversion, Koram Bank, Latin American Investment Bank Bahamas Limited, Pipestone Investments LLC, Public Joint Stock Company "Citibank", Quilter Cheviot, Seguros Banamex S.A. de C.V. Integrante del Grupo Financiero Banamex, Seven World Holdings LLC, TRV Holdings LLC, TRV Investments LLC, Tarjetas Banamex S.A. de C.V. SOFOM E.R., The BISYS Group, and Yonder Investment Corporation.
Read More
How can I contact Citigroup?

Citigroup's mailing address is 388 GREENWICH STREET, NEW YORK NY, 10013. The official website for the company is www.citigroup.com. The company can be reached via phone at (212) 559-1000, via email at investorrelations@citi.com, or via fax at 212-793-3946.

This page (NYSE:C) was last updated on 5/28/2023 by MarketBeat.com Staff

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