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
Current SymbolNYSE:C
Previous Symbol
CUSIP17296742
Phone212-559-1000
Debt
Debt-to-Equity Ratio1.32
Current Ratio1.00
Quick Ratio1.00
Price-To-Earnings
Trailing P/E Ratio10.32
Forward P/E Ratio8.22
P/E Growth0.73
Sales & Book Value
Annual Sales$87.97 billion
Price / Sales1.61
Cash Flow$6.9734 per share
Price / Cash Flow7.89
Book Value$70.98 per share
Price / Book0.78
Profitability
EPS (Most Recent Fiscal Year)$5.33
Net Income$-6,798,000,000.00
Net Margins-4.81%
Return on Equity9.42%
Return on Assets0.90%
Miscellaneous
Employees209,000
Outstanding Shares2,570,070,000
Market Cap$143.87 billion
OptionableOptionable
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 Thursday, October 18th. Shareholders of record on Monday, November 5th will be paid a dividend of $0.45 per share on Wednesday, November 21st. This represents a $1.80 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date of this dividend is Friday, November 2nd. View Citigroup's Dividend History.
How will Citigroup's stock buyback program work?
Citigroup declared that its Board of Directors has authorized a share buyback plan on Thursday, June 29th 2017, which allows the company to buyback $15,600,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 8.7% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its stock is undervalued.
How were Citigroup's earnings last quarter?
Citigroup Inc (NYSE:C) posted its quarterly earnings data on Friday, October, 12th. The financial services provider reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.66 by $0.07. The financial services provider earned $18.39 billion during the quarter, compared to analyst estimates of $18.43 billion. Citigroup had a positive return on equity of 9.42% and a negative net margin of 4.81%. During the same quarter in the previous year, the firm posted $1.42 EPS. View Citigroup's Earnings History.
When is Citigroup's next earnings date?
How can I listen to Citigroup's earnings call?
Citigroup will be holding an earnings conference call on Monday, January 14th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.
What price target have analysts set for C?
20 equities research analysts have issued 12-month target prices for Citigroup's shares. Their forecasts range from $74.00 to $100.00. On average, they anticipate Citigroup's share price to reach $84.0556 in the next year. This suggests a possible upside of 52.8% from the stock's current price. View Analyst Price Targets for Citigroup.
What is the consensus analysts' recommendation for Citigroup?
20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citigroup in the last year. There are currently 6 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. We believe the company’s restructuring and streamlining efforts, strategic investments in core business, lower tax rate and expense management will likely support profitability. However, several issues, including litigation burden and declining fee income, keep us apprehensive. Nevertheless, with rising rates, margin pressure seems to be easing." (12/10/2018)
- 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)
Has Citigroup been receiving favorable news coverage?
Press coverage about C stock has trended somewhat negative recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Citigroup earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an impact on the stock's share price in the next few days.
Are investors shorting Citigroup?
Citigroup saw a increase in short interest in the month of November. As of November 30th, there was short interest totalling 18,030,495 shares, an increase of 23.1% from the November 15th total of 14,650,091 shares. Based on an average daily volume of 14,571,742 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.7% of the shares of the company are short sold. View Citigroup's Current Options Chain.
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), Industrial & Cmrcl Bnk f China (IDCBY), PNC Financial Services Group (PNC), UBS Group (UBS), National Australia Bank (NABZY), DBS GRP HOLDING/S (DBSDY), Mizuho Financial Group (MFG), Capital One Financial (COF), Intesa Sanpaolo (ISNPY), BB&T (BBT), BANCO DO BRASIL/S (BDORY) 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 & CEO of Institutional Clients Group (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 a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.99%), Vanguard Group Inc (6.99%), FMR LLC (3.96%), Bank of New York Mellon Corp (1.62%), Massachusetts Financial Services Co. MA (1.22%) and ValueAct Holdings L.P. (1.02%). 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 institutional investors are selling Citigroup stock?
C stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Mitsubishi UFJ Trust & Banking Corp, Janus Henderson Group PLC, Standard Life Aberdeen plc, USS Investment Management Ltd, C WorldWide Group Holding A S, TIAA CREF Investment Management LLC and FIL Ltd. 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 institutional investors are buying Citigroup stock?
C stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, SG Americas Securities LLC, Senator Investment Group LP, Matthew Goff Investment Advisor LLC, ValueAct Holdings L.P., Prudential Financial Inc., Eaton Vance Management and Kahn Brothers Group Inc. DE. 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 $55.02.
How big of a company is Citigroup?
Citigroup has a market capitalization of $143.87 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 209,000 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)
MarketBeat's community ratings are surveys of what our community members think about Citigroup and other stocks. Vote "Outperform" if you believe C will outperform the S&P 500 over the long term. Vote "Underperform" if you believe C will underperform the S&P 500 over the long term. You may vote once every thirty days.
