Should I buy or sell Citigroup stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Citigroup in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 6 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 target for 2024?

14 brokers have issued 1-year price targets for Citigroup's stock. Their C share price targets range from $43.00 to $85.00. On average, they anticipate the company's stock price to reach $51.66 in the next year. This suggests a possible upside of 9.4% 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 at the start of the year. Since then, C shares have increased by 4.4% and is now trading at $47.23. View the best growth stocks for 2023 here .

Are investors shorting Citigroup?

Citigroup saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 33,070,000 shares, an increase of 32.1% from the October 31st total of 25,040,000 shares. Based on an average daily trading volume, of 17,370,000 shares, the short-interest ratio is presently 1.9 days. Approximately 1.7% of the shares of the company are short sold. 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, January 12th 2024. View our C earnings forecast .

How were Citigroup's earnings last quarter?

Citigroup Inc. (NYSE:C) announced its quarterly earnings results on Friday, October, 13th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.29. The company earned $20.14 billion during the quarter, compared to analyst estimates of $19.27 billion. Citigroup had a trailing twelve-month return on equity of 6.76% and a net margin of 9.22%. The firm's revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.50 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 Thursday, October 19th. Investors of record on Monday, November 6th will be given a dividend of $0.53 per share on Wednesday, November 22nd. This represents a $2.12 dividend on an annualized basis and a dividend yield of 4.49%. The ex-dividend date of this dividend is Friday, November 3rd. Read our dividend analysis for C .

Is Citigroup a good dividend stock?

Citigroup (NYSE:C) pays an annual dividend of $2.12 per share and currently has a dividend yield of 4.49%. C has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, C will have a dividend payout ratio of 36.30% next year. This indicates that the company will be able to sustain or increase its dividend. 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 First Trust Nasdaq Bank ETF (FTXO) , Invesco S&P Ultra Dividend Revenue ETF (RDIV) , Invesco KBW Bank ETF (KBWB) , Invesco S&P 500 Enhanced Value ETF (SPVU) , Roundhill BIG Bank ETF (BIGB) , First Trust Morningstar Dividend Leaders Index (FDL) , Sound Equity Dividend Income ETF (DIVY) and Sound Equity Income ETF (SDEI) .

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

Citigroup updated its FY 2023 earnings guidance on Friday, October, 13th. The company provided earnings per share (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 $79.00 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) .

Who are Citigroup's major shareholders?

Citigroup's stock is owned by a variety of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (1.33%), Morgan Stanley (1.28%), Massachusetts Financial Services Co. MA (1.15%), Northern Trust Corp (1.05%), Pzena Investment Management LLC (0.87%) and Invesco Ltd. (0.76%). Insiders that own company stock include Andrew John Morton , Cantu Ernesto Torres , Citigroup Inc, 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 .

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

Citigroup Stock Price, News & Analysis (NYSE:C)

$47.23

+1.13 (+2.45%)

(As of 12/1/2023 ET)

Compare

Today's Range: $45.89
▼
$47.26
50-Day Range: $38.25
▼
$47.23
52-Week Range: $38.17
▼
$53.23

Volume: 20.05 million shs
Average Volume: 14.94 million shs
Market Capitalization: $90.39 billion

P/E Ratio: 7.48
Dividend Yield: 4.49%
Price Target: $51.66

Citigroup MarketRank™ Stock Analysis

Analyst Rating: Hold
2.36 Rating Score
Upside/Downside: 9.4% Upside
$51.66 Price Target
Short Interest: Healthy
1.73% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.56
Upright™ Environmental Score
News Sentiment: 0.30
Based on 56 Articles This Week
Insider Trading: Selling Shares
$1.14 M Sold Last Quarter
Proj. Earnings Growth: -0.34%
From $5.86 to $5.84 Per Share

Overall MarketRank^™

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

2.37 out of 5 stars

Finance Sector

292nd out of 837 stocks

National Commercial Banks Industry

35th out of 84 stocks

2.2

Analyst's Opinion

Consensus Rating
Citigroup has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 6 buy ratings, 7 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $51.66, Citigroup has a forecasted upside of 9.4% from its current price of $47.23.
Amount of Analyst Coverage
Citigroup has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.73% of the float of Citigroup has been sold short.
Short Interest Ratio / Days to Cover
Citigroup has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Citigroup has recently increased by 32.07%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
Citigroup is a leading dividend payer. It pays a dividend yield of 4.49%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Citigroup has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Citigroup is 33.60%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Citigroup will have a dividend payout ratio of 36.30% next year. This indicates that Citigroup will be able to sustain or increase its dividend.

2.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Citigroup has received a 19.95% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Credit cards", "Mortgages", and "Consumer deposit accounts" products. See details.
Environmental Sustainability
The Environmental Impact score for Citigroup is -0.56.

1.8

News and Social Media Coverage

News Sentiment
Citigroup has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 56 news articles for Citigroup this week, compared to 41 articles on an average week.
Search Interest
Only 83 people have searched for C on MarketBeat in the last 30 days. This is a decrease of -28% compared to the previous 30 days.
MarketBeat Follows
Only 26 people have added Citigroup to their MarketBeat watchlist in the last 30 days. This is a decrease of -21% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Citigroup insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,142,383.00 in company stock.
Percentage Held by Insiders
Only 0.09% of the stock of Citigroup is held by insiders.
Percentage Held by Institutions
69.26% of the stock of Citigroup is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Citigroup are expected to decrease by -0.34% in the coming year, from $5.86 to $5.84 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Citigroup is 7.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.50.
Price to Earnings Ratio vs. Sector
The P/E ratio of Citigroup is 7.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 31.35.
Price to Earnings Growth Ratio
Citigroup has a PEG Ratio of 2.59. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Citigroup has a P/B Ratio of 0.47. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Citigroup Stock (NYSE:C)

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.

C Stock Price History

30 days | 90 days | 365 days | Advanced Chart

C Stock News Headlines

December 1, 2023 | marketbeat.com

Chicago and other northern US cities scramble to house migrants with coldest weather just ahead

Chicago is scrambling to house hundreds of asylum-seekers who are still sheltering on sidewalks, at police stations and at the city’s busiest airport as the cold weather sets in and with winter just around the corner

November 28, 2023 | marketbeat.com

US agency to end use of 'cyanide bomb' to kill coyotes and other predators, citing safety concerns

The U.S. Bureau of Land Management has halted the use of spring-loaded traps that disperse cyanide powder to kill coyotes and other livestock predators

December 3, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 21, 2023 | marketbeat.com

Wynn Resorts has an ace up its sleeve (C)

Luxury integrated resorts and casino operator Wynn Resorts Ltd (NASDAQ: WYNN) continues to experience positive normalization. The Company operates casino

November 21, 2023 | marketbeat.com

Boeing's flight to strategic brilliance (C)

Exploring Boeing's soaring trajectory: Analyst endorsements, strategic partnerships and innovation initiatives shaping the future of aerospace.

November 14, 2023 | marketbeat.com

Russian court fines Google for failing to store personal data on its users

A Russian court has fined Google for failing to store personal data on its Russian users, the latest in a series of fines on the tech giant amid tensions between Russia and the West over the war in Ukraine

November 8, 2023 | marketbeat.com

Citigroup discriminated against Armenian-Americans, federal regulator says; bank fined $25.9 million

Citigroup intentionally discriminated against Armenian Americans when they applied for credit cards, the Consumer Financial Protection Bureau said Wednesday

November 3, 2023 | marketbeat.com

Shipping company Maersk to slash 10,000 jobs, citing the difficult container trade environment

Maersk, the world’s biggest shipping company, says it plans to eliminate 10,000 jobs due to what it described as a challenging environment for container trade and logistics services

December 3, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

December 3, 2023 | americanbankingnews.com

Citigroup (NYSE:C) PT Raised to $47.00

December 2, 2023 | ft.com

Is the American dream really dead?

December 2, 2023 | msn.com

Citigroup Initiates Coverage of BOK Financial (BOKF) with Neutral Recommendation

December 2, 2023 | msn.com

Citigroup Downgrades Spotify Technology (SPOT)

December 1, 2023 | markets.businessinsider.com

The Latest Analyst Ratings for Citigroup

December 1, 2023 | msn.com

Citigroup expects Europe's STOXX 600 to end 2024 at 510

December 1, 2023 | msn.com

Citigroup initiates coverage of 19 regional banks

December 1, 2023 | finance.yahoo.com

Will the Citi Turnaround Work? CEO Jane Fraser Makes Her Case.

December 1, 2023 | finance.yahoo.com

Beijing Capital hires Citi to sell Singapore waste company in up to $400 mln deal - sources

December 1, 2023 | finance.yahoo.com

UPDATE 1-Beijing Capital hires Citi to sell Singapore waste company in up to $400 mln deal - sources

December 1, 2023 | finance.yahoo.com

CommVault and Landstar have been highlighted as Zacks Bull and Bear of the Day

November 30, 2023 | insidermonkey.com

5 Highest Paying Jobs in Europe for Non EU Citizens

November 30, 2023 | insidermonkey.com

20 Highest Paying Jobs in Europe for Non EU Citizens

November 30, 2023 | benzinga.com

A Look Into Citigroup Inc's Price Over Earnings

November 30, 2023 | markets.businessinsider.com

Citigroup Maintains Neutral Rating for NetApp: Here's What You Need To Know

November 30, 2023 | finance.yahoo.com

Citi Survey Finds Overconfidence May Leave Americans Exposed to Financial Scams

November 30, 2023 | rttnews.com

American-Israeli Teacher Among 16 Hostages Freed By Hamas

November 30, 2023 | ft.com

Five lessons from a London neighbourhood’s battle against global warming

See More Headlines

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Company Calendar

Last Earnings: 10/13/2023
Ex-Dividend for 11/22 Dividend: 11/03/2023
Dividend Payable: 11/22/2023
Today: 12/03/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/12/2024

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 Target: $51.66
High Stock Price Target: $85.00
Low Stock Price Target: $43.00
Potential Upside/Downside: +9.4%
Consensus Rating: Hold
Rating Score (0-4): 2.36
Research Coverage: 14 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.31
Trailing P/E Ratio: 7.48
Forward P/E Ratio: 8.06
P/E Growth: 2.53
Net Income: $14.85 billion
Net Margins: 9.22%
Pretax Margin: 12.35%
Return on Equity: 6.76%
Return on Assets: 0.53%

Debt

Debt-to-Equity Ratio: 1.45
Current Ratio: 0.94
Quick Ratio: 0.94

Sales & Book Value

Annual Sales: $101.08 billion
Price / Sales: 0.89
Cash Flow: $10.31 per share
Price / Cash Flow: 4.58
Book Value: $99.64 per share
Price / Book: 0.47

Miscellaneous

Outstanding Shares: 1,913,880,000
Free Float: 1,912,160,000
Market Cap: $90.39 billion
Optionable: Optionable
Beta: 1.58

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Key Executives

Ms. Jane Nind Fraser (Age 55)
CEO & Director
Comp: $6.53M
Mr. Mark A.L. Mason (Age 53)
Chief Financial Officer
Comp: $7.84M
Mr. Anand Selvakesari (Age 55)
Chief Operating Officer
Comp: $8.45M
Mr. Paco Ybarra (Age 61)
Senior Advisor
Comp: $12.32M
Mr. Peter Babej (Age 59)
Interim Head of Banking
Comp: $7.91M
Mr. David R. Bailin
Chief Investment Officer & Global Head of Investments
Mr. Johnbull E. Okpara (Age 51)
Chief Accounting Officer & Controller
Mr. Michael Whitaker (Age 59)
Head of Operations & Technology
Comp: $6.48M
Ms. Jennifer Landis
Head of Investor Relations
Mr. Brent J. McIntosh (Age 50)
Chief Legal Officer & Corporate Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Citigroup Stock? C Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Citigroup was last updated on Tuesday, November 28, 2023 at 10:53 PM.

Pros

Here are some ways that investors could benefit from investing in Citigroup Inc.:

Citigroup Inc. is a diversified financial services holding company that provides various financial products and services to consumers, corporations, governments, and institutions. This diversification can provide investors with exposure to multiple sectors of the economy.
Citigroup Inc. has a long history, being founded in 1812. This demonstrates its stability and ability to withstand economic downturns.
Citigroup Inc. offers a wide range of banking and branded card products to retail and small business customers. This diverse product offering can attract a large customer base and generate consistent revenue.
Recent developments and updates in Citigroup Inc.'s financial products and services ensure that investors have access to the latest offerings in the market.
Investors can benefit from monitoring Citigroup Inc.'s current stock price, as it provides valuable information for making investment decisions.

Cons

Investors should be bearish about investing in Citigroup Inc. for these reasons:

While Citigroup Inc. offers a diverse range of financial products and services, it also faces competition from other financial institutions. This competition can impact its market share and profitability.
As with any investment in the financial sector, there are inherent risks involved. Investors should carefully consider their risk tolerance and investment goals before investing in Citigroup Inc.
Market conditions and economic factors can significantly impact Citigroup Inc.'s performance. Investors should stay informed about the latest market trends and economic indicators to make informed investment decisions.
Regulatory changes and compliance requirements in the financial industry can affect Citigroup Inc.'s operations and profitability. Investors should monitor any regulatory developments that may impact the company.
Investors should be aware of any potential legal or reputational risks associated with Citigroup Inc. These risks can impact the company's financial performance and investor sentiment.

C Stock Analysis - Frequently Asked Questions

Should I buy or sell Citigroup stock right now?: 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Citigroup in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 6 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 target for 2024?: 14 brokers have issued 1-year price targets for Citigroup's stock. Their C share price targets range from $43.00 to $85.00. On average, they anticipate the company's stock price to reach $51.66 in the next year. This suggests a possible upside of 9.4% 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 at the start of the year. Since then, C shares have increased by 4.4% and is now trading at $47.23.
View the best growth stocks for 2023 here.
Are investors shorting Citigroup?: Citigroup saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 33,070,000 shares, an increase of 32.1% from the October 31st total of 25,040,000 shares. Based on an average daily trading volume, of 17,370,000 shares, the short-interest ratio is presently 1.9 days. Approximately 1.7% of the shares of the company are short sold.
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, January 12th 2024.
View our C earnings forecast.
How were Citigroup's earnings last quarter?: Citigroup Inc. (NYSE:C) announced its quarterly earnings results on Friday, October, 13th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.29. The company earned $20.14 billion during the quarter, compared to analyst estimates of $19.27 billion. Citigroup had a trailing twelve-month return on equity of 6.76% and a net margin of 9.22%. The firm's revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.50 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 Thursday, October 19th. Investors of record on Monday, November 6th will be given a dividend of $0.53 per share on Wednesday, November 22nd. This represents a $2.12 dividend on an annualized basis and a dividend yield of 4.49%. The ex-dividend date of this dividend is Friday, November 3rd.
Read our dividend analysis for C.
Is Citigroup a good dividend stock?: Citigroup (NYSE:C) pays an annual dividend of $2.12 per share and currently has a dividend yield of 4.49%. C has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, C will have a dividend payout ratio of 36.30% next year. This indicates that the company will be able to sustain or increase its dividend.
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 First Trust Nasdaq Bank ETF (FTXO), Invesco S&P Ultra Dividend Revenue ETF (RDIV), Invesco KBW Bank ETF (KBWB), Invesco S&P 500 Enhanced Value ETF (SPVU), Roundhill BIG Bank ETF (BIGB), First Trust Morningstar Dividend Leaders Index (FDL), Sound Equity Dividend Income ETF (DIVY) and Sound Equity Income ETF (SDEI).
What guidance has Citigroup issued on next quarter's earnings?: Citigroup updated its FY 2023 earnings guidance on Friday, October, 13th. The company provided earnings per share (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 $79.00 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).
Who are Citigroup's major shareholders?: Citigroup's stock is owned by a variety of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (1.33%), Morgan Stanley (1.28%), Massachusetts Financial Services Co. MA (1.15%), Northern Trust Corp (1.05%), Pzena Investment Management LLC (0.87%) and Invesco Ltd. (0.76%). Insiders that own company stock include Andrew John Morton, Cantu Ernesto Torres, Citigroup Inc, 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.
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.
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This page (NYSE:C) was last updated on 12/3/2023 by MarketBeat.com Staff

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