Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. It also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. The ICG segment provides wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services to corporate, institutional, public sector, and high-net-worth clients. The company operates in North America, Latin America, Asia, Europe, the Middle East, and Africa. Citigroup Inc. was founded in 1812 and is based in New York, New York.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry National commercial banks
Sub-IndustryOther Diversified Financial Services
SectorFinance
SymbolNYSE:C
CUSIP17296742
Phone212-559-1000
Debt
Debt-to-Equity Ratio1.30
Current Ratio1.00
Quick Ratio1.00
Price-To-Earnings
Trailing P/E Ratio13.04
Forward P/E Ratio10.58
P/E Growth0.97
Sales & Book Value
Annual Sales$87.97 billion
Price / Sales2.04
Cash Flow$6.8952 per share
Price / Cash10.11
Book Value$70.98 per share
Price / Book0.98
Profitability
EPS (Most Recent Fiscal Year)$5.33
Net Income$-6,798,000,000.00
Net Margins-5.45%
Return on Equity8.78%
Return on Assets0.88%
Miscellaneous
Employees205,000
Outstanding Shares2,570,070,000
Market Cap$184.38 billion
Citigroup (NYSE:C) Frequently Asked Questions
What is Citigroup's stock symbol?
Citigroup trades on the New York Stock Exchange (NYSE) under the ticker symbol "C."
How often does Citigroup pay dividends? What is the dividend yield for Citigroup?
Citigroup declared a quarterly dividend on Friday, July 20th. Stockholders of record on Monday, August 6th will be given a dividend of $0.45 per share on Friday, August 24th. This represents a $1.80 annualized dividend and a dividend yield of 2.58%. The ex-dividend date of this dividend is Friday, August 3rd. This is a positive change from Citigroup's previous quarterly dividend of $0.32. View Citigroup's Dividend History.
How will Citigroup's stock buyback program work?
Citigroup declared that its board has initiated a stock buyback program on Thursday, June 29th 2017, which authorizes the company to buyback $15,600,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 8.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its stock is undervalued.
How were Citigroup's earnings last quarter?
Citigroup Inc (NYSE:C) announced its earnings results on Friday, October, 12th. The financial services provider reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.07. The financial services provider had revenue of $18.39 billion for the quarter, compared to analyst estimates of $18.43 billion. Citigroup had a positive return on equity of 8.78% and a negative net margin of 5.45%. During the same quarter last year, the firm posted $1.42 earnings per share. View Citigroup's Earnings History.
When is Citigroup's next earnings date?
What price target have analysts set for C?
22 brokers have issued 12-month price objectives for Citigroup's shares. Their forecasts range from $65.00 to $100.00. On average, they anticipate Citigroup's stock price to reach $83.3684 in the next twelve months. This suggests a possible upside of 19.7% from the stock's current price. View Analyst Price Targets for Citigroup.
What is the consensus analysts' recommendation for Citigroup?
22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citigroup in the last year. There are currently 1 sell rating, 7 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Citigroup.
What are Wall Street analysts saying about Citigroup stock?
Here are some recent quotes from research analysts about Citigroup stock:
- 1. According to Zacks Investment Research, "Shares of Citigroup have underperformed the industry year to date. However, the company possesses an impressive earnings surprise history, beating the Zacks Consensus Estimate in all the trailing four quarters. The company’s third-quarter 2018 earnings reflected high revenues, along with loan growth. Moreover, controlled expenses were witnessed.We believe the company’s restructuring and streamlining efforts, strategic investments in core business, lower tax rate and expense management will likely support profitability. The capital plan approval reflects strong capital position. Yet, several issues, including litigation burden, keep us apprehensive. Nevertheless, with rising rates, margin pressure seems to be easing." (10/16/2018)
- 2. Vining Sparks analysts commented, "Most importantly, Citigroup was able to produce a return-on-tangible common equity in 1Q’18 that finally exceeded 10%. This is an important inflection point, that was obviously helped along due to the lower federal tax rate, but nonetheless begins to position Citigroup for another round of upside potential in its valuation. We have been highlighting Citigroup as a trade which was bound by its tangible book value on the lower end and a 20% premium to its tangible book value at the upper end. Now as Citigroup can sustain returns that exceed its cost of equity, we believe that its price-to-tangible book value can disconnect from this range and begin to move higher. We have increased our price target to 128% of Citigroup’s expected year-end 2018E tangible book value, with the potential to move higher if Citigroup’s ROTCE improves further." (4/16/2018)
Who are some of Citigroup's key competitors?
Some companies that are related to Citigroup include JPMorgan Chase & Co. (JPM), Bank of America (BAC), Wells Fargo & Co (WFC), U.S. Bancorp (USB), PNC Financial Services Group (PNC), Industrial & Cmrcl Bnk f China (IDCBY), UBS Group (UBS), National Australia Bank (NABZY), DBS Grp HOLDING/S (DBSDY), Capital One Financial (COF), Mizuho Financial Group (MFG), Intesa Sanpaolo (ISNPY), BB&T (BBT), SunTrust Banks (STI) and Standard Chartered (SCBFF).
Who are Citigroup's key executives?
Citigroup's management team includes the folowing people:
- Mr. Michael L. Corbat, CEO & Director (Age 58)
- Mr. James Anthony Forese, Pres (Age 55)
- Mr. John C. Gerspach, Chief Financial Officer (Age 64)
- Mr. Stephen Bird MBA, Chief Exec. Officer of Global Consumer Banking (Age 51)
- Ms. Jane Nind Fraser Ph.D., Chief Exec. Officer of Latin America Region (Age 50)
Who are Citigroup's major shareholders?
Citigroup's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State of New Jersey Common Pension Fund D (0.11%), Swedbank (0.08%), Gateway Investment Advisers LLC (0.06%), Hexavest Inc. (0.05%), Nisa Investment Advisors LLC (0.03%) and DNB Asset Management AS (0.03%). Company insiders that own Citigroup stock include Andrew Farncomb, Francisco Aristeguieta, James A Forese, Jeffrey R Walsh, John C Gerspach, John Eric Wenger, Joseph Michael Murray, Matthew Lennox-King, Michael Corbat, Raja Akram and W Bradford Hu. View Institutional Ownership Trends for Citigroup.
Which major investors are selling Citigroup stock?
C stock was sold by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, DNB Asset Management AS, Hexavest Inc., Swedbank, Busey Trust CO, Garnet Equity Capital Holdings Inc., Verde Servicos Internacionais S.A. and CENTRAL TRUST Co. Company insiders that have sold Citigroup company stock in the last year include Francisco Aristeguieta, John C Gerspach and Raja Akram. View Insider Buying and Selling for Citigroup.
Which major investors are buying Citigroup stock?
C stock was acquired by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Atalanta Sosnoff Capital LLC, Gyroscope Capital Management Group LLC, First Hawaiian Bank, Douglas Lane & Associates LLC, Gateway Investment Advisers LLC, RWC Asset Management LLP and MAI Capital Management. Company insiders that have bought Citigroup stock in the last two years include Andrew Farncomb, John Eric Wenger and Matthew Lennox-King. View Insider Buying and Selling for Citigroup.
How do I buy shares of Citigroup?
Shares of C can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Citigroup's stock price today?
One share of C stock can currently be purchased for approximately $69.67.
How big of a company is Citigroup?
Citigroup has a market capitalization of $184.38 billion and generates $87.97 billion in revenue each year. The financial services provider earns $-6,798,000,000.00 in net income (profit) each year or $5.33 on an earnings per share basis. Citigroup employs 205,000 workers across the globe.
What is Citigroup's official website?
How can I contact Citigroup?
Citigroup's mailing address is 388 GREENWICH STREET, NEW YORK NY, 10013. The financial services provider can be reached via phone at 212-559-1000 or via email at [email protected]
MarketBeat Community Rating for Citigroup (NYSE C)
| Community Ranking: | | 2.8 out of 5 ( ) |
| Outperform Votes: | | 1,228 (Thanks for Voting!) |
| Underperform Votes: | | 930 (Thanks for Voting!) |
| Total Votes: | | 2,158 |
