NYSE:CCitigroup Stock Price, Forecast & News

$44.10

-0.90 (-2.00 %)

(As of 05/22/2020 04:00 PM ET)

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Today's Range

$43.69

Now: $44.10▼

$45.05

50-Day Range

$37.49

MA: $43.88▼

$50.26

52-Week Range

$32.00

Now: $44.10▼

$83.11

Volume22.62 million shs

Average Volume29.63 million shs

Market Capitalization$91.81 billion

P/E Ratio6.11

Dividend Yield4.63%

Beta1.83

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. 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 and consumer loans, investment banking and advisory services, private banking, cash management, trade finance, and securities services to corporate, institutional, public sector, and high-net-worth clients. As of December 31, 2018, it operated 2,410 branches in the United States, Mexico, and Asia. Citigroup Inc. was founded in 1812 and is headquartered in New York, New York.

Beat the Market (BTM) Rank^™

4.4 Analyst's Opinion

Consensus Rating
Citigroup has received a consensus rating of Buy. The company's average rating score is 2.82, and is based on 18 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $77.29, Citigroup has a potential upside of 75.3% from its current price of $44.10.
Amount of Analyst Coverage
Citigroup has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.8 Community Rank

Outperform Votes
Citigroup has received 1,462 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Citigroup has received 1,184 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Citigroup has received 55.25% “outperform” votes from our community.

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.

4.2 Dividend Strength

Dividend Leadership
Citigroup is a leading dividend payer. It pays a dividend yield of 4.63%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Citigroup has been increasing its dividend for 5 years.
Dividend Coverage
The dividend payout ratio of Citigroup is 26.91 %. 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 32.18 % next year. This indicates that Citigroup will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Citigroup insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.07% of the stock of Citigroup is held by insiders.
Percentage Held by Institutions
78.58% of the stock of Citigroup is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for Citigroup are expected to grow by 107.87% in the coming year, from $3.05 to $6.34 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Citigroup is 6.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.46.
Price to Earnings Ratio vs. Sector
The P/E ratio of Citigroup is 6.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 15.21.
Price to Earnings Growth Ratio
Citigroup has a PEG Ratio of 1.38. 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 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.23 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry National commercial banks

Sub-IndustryOther Diversified Financial Services

SectorFinance

Current SymbolNYSE:C

Previous Symbol

CUSIP17296742

CIK831001

Webwww.citigroup.com

Phone212-559-1000

Debt

Debt-to-Equity Ratio1.52

Current Ratio0.99

Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio6.11

Forward P/E Ratio14.46

P/E Growth1.38

Sales & Book Value

Annual Sales$103.45 billion

Price / Sales0.89

Cash Flow$10.21 per share

Price / Cash Flow4.32

Book Value$84.06 per share

Price / Book0.52

Profitability

EPS (Most Recent Fiscal Year)$7.58

Net Income$19.40 billion

Net Margins16.56%

Return on Equity9.15%

Return on Assets0.79%

Miscellaneous

Employees200,000

Outstanding Shares2,081,810,000

Market Cap$91.81 billion

Next Earnings Date7/20/2020 (Estimated)

OptionableOptionable

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Citigroup (NYSE:C) Frequently Asked Questions

How has Citigroup's stock been impacted by COVID-19 (Coronavirus)?

Citigroup's stock was trading at $50.79 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, C stock has decreased by 13.2% and is now trading at $44.10. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Citigroup?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citigroup in the last year. There are currently 4 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Citigroup.

When is Citigroup's next earnings date?

Citigroup is scheduled to release its next quarterly earnings announcement on Monday, July 20th 2020. View our earnings forecast for Citigroup.

How were Citigroup's earnings last quarter?

Citigroup Inc (NYSE:C) released its quarterly earnings results on Wednesday, April, 15th. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.89 by $0.16. The financial services provider earned $20.73 billion during the quarter, compared to analysts' expectations of $18.98 billion. Citigroup had a return on equity of 9.15% and a net margin of 16.56%. The firm's revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period last year, the firm earned $1.87 EPS. View Citigroup's earnings history.

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

Citigroup announced a quarterly dividend on Tuesday, April 21st. Stockholders of record on Monday, May 4th will be given a dividend of $0.51 per share on Friday, May 22nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date of this dividend is Friday, May 1st. View Citigroup's dividend history.

What price target have analysts set for C?

22 Wall Street analysts have issued 1 year target prices for Citigroup's shares. Their forecasts range from $56.00 to $100.00. On average, they expect Citigroup's stock price to reach $77.29 in the next twelve months. This suggests a possible upside of 75.3% from the stock's current price. View analysts' price targets for Citigroup.

Has Citigroup been receiving favorable news coverage?

News coverage about C stock has trended extremely negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Citigroup earned a coverage optimism score of -4.5 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news aboutCitigroup.

Are investors shorting Citigroup?

Citigroup saw a increase in short interest in May. As of May 15th, there was short interest totaling 28,870,000 shares, an increase of 13.8% from the April 30th total of 25,380,000 shares. Based on an average trading volume of 28,920,000 shares, the short-interest ratio is currently 1.0 days. Approximately 1.4% of the company's stock are sold short. 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), Industrial & Cmrcl Bnk f China (IDCBY), Bank of America (BAC), Wells Fargo & Co (WFC), U.S. Bancorp (USB), Truist Financial (TFC), PNC Financial Services Group (PNC), UBS Group (UBS), DBS GRP HOLDING/S (DBSDY), SunTrust Banks (STI), China Minsheng Banking (CMAKY), National Australia Bank (NABZY), Mizuho Financial Group (MFG), Intesa Sanpaolo (ISNPY) and Capital One Financial (COF). View all competitors.

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), Walt Disney (DIS), NVIDIA (NVDA), AT&T (T), General Electric (GE), Micron Technology (MU) and Cisco Systems (CSCO).

Who are Citigroup's key executives?

Citigroup's management team includes the following people:

Mr. Michael L. Corbat, CEO & Director (Age 59)
Mr. James Anthony Forese, Pres & CEO of Institutional Clients Group (Age 56)
Mr. Stephen Bird MBA, Chief Exec. Officer of Global Consumer Banking (Age 52)
Ms. Jane Nind Fraser Ph.D., Chief Exec. Officer of Latin America Region (Age 51)
Mr. Sanford I. Weill, Chairman Emeritus and Sr. Advisor (Age 85)

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 a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.55%), State Street Corp (4.54%), Invesco Ltd. (1.71%), Massachusetts Financial Services Co. MA (1.66%), Bank of New York Mellon Corp (1.62%) and Geode Capital Management LLC (1.57%). Company insiders that own Citigroup stock include Francisco Aristeguieta, Michael Whitaker, Raja Akram, Stephen Bird 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 Franklin Resources Inc., APG Asset Management N.V., Alliancebernstein L.P., State Street Corp, Nuveen Asset Management LLC, Artemis Investment Management LLP, Artemis Investment Management LLP, and APG Asset Management N.V.. View insider buying and selling activity for Citigroup.

Which institutional investors are buying Citigroup stock?

C stock was purchased by a variety of institutional investors in the last quarter, including Public Investment Fund, Canada Pension Plan Investment Board, Caisse DE Depot ET Placement DU Quebec, Banco Santander S.A., Cullen Capital Management LLC, Schafer Cullen Capital Management Inc, Robeco Institutional Asset Management B.V., and ACR Alpine Capital Research LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Citigroup's stock price today?

One share of C stock can currently be purchased for approximately $44.10.

How big of a company is Citigroup?

Citigroup has a market capitalization of $91.81 billion and generates $103.45 billion in revenue each year. The financial services provider earns $19.40 billion in net income (profit) each year or $7.58 on an earnings per share basis. Citigroup employs 200,000 workers across the globe.

What is Citigroup's official website?

The official website for Citigroup is www.citigroup.com.

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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff