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
Industry National commercial banks
Sub-IndustryOther Diversified Financial Services
SectorFinance
SymbolNYSE:C
CUSIP17296742
Phone212-559-1000
Debt
Debt-to-Equity Ratio1.30%
Current Ratio1.01%
Quick Ratio1.01%
Price-To-Earnings
Trailing P/E Ratio12.98
Forward P/E Ratio10.68
P/E Growth1
Sales & Book Value
Annual Sales$87.97 billion
Price / Sales2.02
Cash Flow$7.1027 per share
Price / Cash9.74
Book Value$71.48 per share
Price / Book0.97
Profitability
EPS (Most Recent Fiscal Year)$5.33
Net Income$-6,798,000,000.00
Net Margins-6.28%
Return on Equity8.13%
Return on Assets0.85%
Miscellaneous
Employees209,000
Outstanding Shares2,570,070,000
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 Wednesday, April 25th. Stockholders of record on Monday, May 7th will be given a dividend of $0.32 per share on Friday, May 25th. This represents a $1.28 annualized dividend and a dividend yield of 1.85%. View Citigroup's Dividend History.
How will Citigroup's stock buyback program work?
Citigroup announced that its board has initiated a share repurchase program 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 purchase up to 8.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.
How were Citigroup's earnings last quarter?
Citigroup (NYSE:C) announced its earnings results on Friday, April, 13th. The financial services provider reported $1.68 EPS for the quarter, topping analysts' consensus estimates of $1.61 by $0.07. The financial services provider had revenue of $18.87 billion for the quarter, compared to analyst estimates of $18.89 billion. Citigroup had a negative net margin of 6.28% and a positive return on equity of 8.13%. Citigroup's revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the prior year, the company earned $1.35 earnings per share. View Citigroup's Earnings History.
When is Citigroup's next earnings date?
What price target have analysts set for C?
24 brokers have issued 12-month price targets for Citigroup's stock. Their forecasts range from $65.00 to $100.00. On average, they anticipate Citigroup's share price to reach $81.95 in the next year. 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. 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)
- 2. According to Zacks Investment Research, "Shares of Citigroup underperformed the industry over the past six months. However, the company boasts an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in each of 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. Moreover, expansion of wealth management business in Australia will act as a tailwind. Yet, several issues, including litigation burden, keep us apprehensive. Also, in spite of rising rates, margin remains under pressure, due to persistent decline in the company’s legacy holdings portfolio." (3/20/2018)
- 3. JPMorgan Chase analysts commented, "potential positives" in the U.S. such as lower tax rates, faster growth and higher interest rates — while also having greater exposure to "downside scenarios."However, UBS's Saul Martinez upgraded Citi's stock rating from Sell to Neutral with a price target raised from $58 to $64 as the arguments for the prior bearish stance "is harder to make today" (check out Saul Martinez's track record).Economic growth across Europe and major emerging markets has at the very least stabilized or even risen, the analyst argued. Meanwhile, "starkly" protectionist policies have not emerged which bodes well for the industry as a whole. In Citi's case, there is now greater visibility that potential cards headwinds will moderate and the North America consumer results will improve in the bottom half of 2017.Capital Return StoryMartinez's upgrade is also based on Citi's "attractive" capital return story in which the company's dividends and buyback spend will total $15.5 billion, or 105 percent of earnings. By comparison, the analyst previously estimated Citi would spend $13.1 billion, or 88 percent of earnings."In other words, what was an already attractive capital return story has gotten better, in our view," Martinez wrote.Why Not A Buy Rating?Despite a more favorable view of Citi, a Buy rating can't be justified until the bank can generate ROTCEs that is close to its cost of equity of 10 percent, the analyst explained. Currently, the 2019 estimated ROTCE is roughly 9 percent which in part implies investors should "hold a healthy preference" (6/9/2017)
Are investors shorting Citigroup?
Citigroup saw a drop in short interest during the month of March. As of March 29th, there was short interest totalling 21,228,390 shares, a drop of 15.5% from the March 15th total of 25,136,168 shares. Based on an average daily volume of 22,186,456 shares, the short-interest ratio is currently 1.0 days. Approximately 0.8% of the company's shares are short sold.
Who are some of Citigroup's key competitors?
Some companies that are related to Citigroup include JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC), U.S. Bancorp (USB), Industrial and Commercial Bank of China (IDCBY), PNC Financial Services Group (PNC), UBS (UBS), Intesa Sanpaolo (ISNPY), National Australia Bank (NABZY), DBS Group (DBSDY), Capital One (COF), Mizuho Financial Group (MFG), BB&T (BBT), Standard Chartered (SCBFF) and Danske Bank (DNKEY).
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)
Has Citigroup been receiving favorable news coverage?
News articles about C stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Citigroup earned a daily sentiment score of 0.04 on Accern's scale. They also gave news headlines about the financial services provider an impact score of 45.34 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.
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 $69.18.
How big of a company is Citigroup?
Citigroup has a market capitalization of $177.64 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.
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 (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.
Citigroup (NYSE:C) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
24 Wall Street analysts have issued ratings and price targets for Citigroup in the last 12 months. Their average twelve-month price target is $81.95, suggesting that the stock has a possible upside of 18.46%. The high price target for C is $100.00 and the low price target for C is $65.00. There are currently 1 sell rating, 9 hold ratings and 14 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Hold | Hold | Buy |
| Consensus Rating Score: | 2.54 | 2.48 | 2.48 | 2.50 |
| Ratings Breakdown: | 1 Sell Rating(s)
9 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
10 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
9 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
8 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $81.95 | $80.4737 | $79.50 | $74.7250 |
| Price Target Upside: | 18.46% upside | 9.53% upside | 4.21% upside | 3.63% upside |
Citigroup (NYSE:C) Consensus Price Target History
Citigroup (NYSE:C) Analyst Ratings History
Show:
(Data available from 4/26/2016 forward)
Citigroup (NYSE:C) Dividend Information
Citigroup pays an annual dividend of $1.28 per share, with a dividend yield of 1.85%. C's next quarterly dividend payment will be made on Friday, May 25. The company has grown its dividend for the last 3 consecutive years and is increasing its dividend by an average of 188.40% each year. Citigroup pays out 24.02% of its earnings out as a dividend.
| Next Dividend: | 5/25/2018 |
| Annual Dividend: | $1.28 |
| Dividend Yield: | 1.85% |
| Dividend Growth: | 188.40% (3 Year Average) |
| Payout Ratio: | 24.02% (Trailing 12 Months of Earnings)
19.75% (Based on This Year's Estimates)
17.30% (Based on Next Year's Estimates)
|
| Track Record: | 3 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Citigroup (NYSE:C) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/25/2018 | quarterly | $0.32 | 1.85% | | 5/7/2018 | 5/25/2018 |
| 1/18/2018 | quarterly | $0.32 | 1.9% | 2/2/2018 | 2/5/2018 | 2/23/2018 |
| 10/18/2017 | quarterly | $0.32 | 1.75% | 11/3/2017 | 11/6/2017 | 11/22/2017 |
| 7/19/2017 | quarterly | $0.32 | 1.93% | 8/3/2017 | 8/7/2017 | 8/25/2017 |
| 4/3/2017 | quarterly | $0.16 | 1.07% | 4/27/2017 | 5/1/2017 | 5/26/2017 |
| 1/25/2017 | quarterly | $0.16 | 1.12% | 2/2/2017 | 2/6/2017 | 2/24/2017 |
| 10/21/2016 | quarterly | $0.16 | 1.29% | 11/3/2016 | 11/7/2016 | 11/23/2016 |
| 7/20/2016 | quarterly | $0.16 | 1.45% | 7/28/2016 | 8/1/2016 | 8/26/2016 |
| 4/1/2016 | quarterly | $0.05 | 0.48% | 4/28/2016 | 5/2/2016 | 5/27/2016 |
| 1/14/2016 | quarterly | $0.05 | 0.47% | 1/28/2016 | 2/1/2016 | 2/26/2016 |
| 10/22/2015 | quarterly | $0.05 | 0.37% | 10/29/2015 | 11/2/2015 | 11/25/2015 |
| 7/15/2015 | quarterly | $0.05 | 0.34% | 7/30/2015 | 8/3/2015 | 8/28/2015 |
| 4/29/2015 | quarterly | $0.05 | 0.38% | 5/7/2015 | 5/11/2015 | 5/22/2015 |
| 1/15/2015 | quarterly | $0.01 | 0.08% | 1/29/2015 | 2/2/2015 | 2/27/2015 |
| 10/22/2014 | quarterly | $0.01 | 0.08% | 10/30/2014 | 11/3/2014 | 11/26/2014 |
| 7/16/2014 | quarterly | $0.01 | 0.08% | 7/31/2014 | 8/4/2014 | 8/22/2014 |
| 4/24/2014 | quarterly | $0.01 | 0.08% | 5/1/2014 | 5/5/2014 | 5/23/2014 |
| 1/15/2014 | quarterly | $0.01 | 0.08% | 1/30/2014 | 2/3/2014 | 2/28/2014 |
| 10/17/2013 | quarterly | $0.01 | 0.08% | 10/31/2013 | 11/4/2013 | 11/22/2013 |
| 7/17/2013 | quarterly | $0.01 | 0.08% | 8/1/2013 | 8/5/2013 | 8/23/2013 |
| 4/25/2013 | quarterly | $0.01 | 0.09% | 5/2/2013 | 5/6/2013 | 5/24/2013 |
| 1/16/2013 | quarterly | $0.01 | 0.1% | 1/31/2013 | 2/4/2013 | 2/22/2013 |
(Data available from 1/1/2013 forward)
Citigroup (NYSE C) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.11%
Institutional Ownership Percentage: 80.07%
Citigroup (NYSE C) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/1/2018 | John Eric Wenger | Insider | Buy | 4,000 | $0.00 | $0.00 | | |
| 2/2/2018 | Matthew Lennox-King | Director | Buy | 9,500 | $0.47 | $4,465.00 | | |
| 11/10/2017 | John Eric Wenger | Insider | Buy | 7,000 | $0.00 | $0.00 | | |
| 11/2/2017 | Matthew Lennox-King | Director | Buy | 1,500 | $0.65 | $975.00 | | |
| 10/25/2017 | Matthew Lennox-King | Director | Buy | 2,000 | $0.68 | $1,360.00 | | |
| 10/24/2017 | John Eric Wenger | Insider | Buy | 3,200 | $0.00 | $0.00 | | |
| 10/20/2017 | Matthew Lennox-King | Director | Buy | 1,500 | $0.72 | $1,080.00 | | |
| 10/12/2017 | Andrew Farncomb | Director | Buy | 5,000 | $0.00 | $0.00 | | |
| 10/5/2017 | John Eric Wenger | Insider | Buy | 5,200 | $0.00 | $0.00 | | |
| 9/15/2017 | Matthew Lennox-King | Director | Buy | 4,000 | $0.74 | $2,960.00 | | |
| 8/10/2017 | Francisco Aristeguieta | CEO | Sell | 40,000 | $67.55 | $2,702,000.00 | 77,570 |  |
| 8/4/2017 | Jeffrey R Walsh | Insider | Sell | 5,000 | $68.97 | $344,850.00 | 56,394 | |
| 7/27/2017 | John Eric Wenger | Insider | Buy | 4,500 | $0.00 | $0.00 | | |
| 7/26/2017 | John Eric Wenger | Insider | Buy | 61,500 | $0.00 | $0.00 | | |
| 6/30/2017 | John Eric Wenger | Insider | Buy | 12,000 | $0.00 | $0.00 | | |
| 2/17/2017 | James A Forese | President | Sell | 55,436 | $59.60 | $3,303,985.60 | 500,438 | |
| 2/16/2017 | James A Forese | President | Sell | 55,436 | $59.60 | $3,303,985.60 | 565,438 | |
| 2/16/2017 | Joseph Michael Murray | Insider | Sell | 7,037 | $60.25 | $423,979.25 | 46,950 | |
| 2/16/2017 | Michael Corbat | CEO | Sell | 83,285 | $60.14 | $5,008,759.90 | 548,060 | |
| 1/31/2017 | W. Bradford Hu | Insider | Sell | 10,109 | $55.96 | $565,699.64 | 37,137 | |
| 7/20/2016 | Joseph Michael Murray | Insider | Sell | 8,122 | $44.35 | $360,210.70 | 35,042 | |
| 5/24/2016 | Judith Rodin | Director | Sell | 36 | $45.80 | $1,648.80 | 7,027 | |
| 4/20/2016 | W. Bradford Hu | Insider | Sell | 9,528 | $45.83 | $436,668.24 | 53,282 | |
| 2/11/2016 | Don Callahan | insider | Buy | 5,700 | $35.04 | $199,728.00 | 4,170 | |
| 2/9/2016 | John C Gerspach | CFO | Buy | 13,000 | $37.62 | $489,060.00 | 171,045 | |
| 1/22/2016 | Michael Corbat | CEO | Buy | 25,000 | $41.05 | $1,026,250.00 | 380,765 | |
| 8/24/2015 | Michael E Oneill | Director | Buy | 28,700 | $50.16 | $1,439,592.00 | 28,700 | |
| 8/15/2014 | John C Gerspach | CFO | Sell | 2,000 | $48.55 | $97,100.00 | | |
| 5/20/2014 | William Thompson | Director | Buy | 40,228 | $37.32 | $1,501,308.96 | 6,438 | |
| 4/16/2014 | Francisco Aristeguieta | CEO | Sell | 2,320 | $47.66 | $110,571.20 | 45,069 | |
| 4/15/2014 | Barbara Desoer | CEO | Buy | 1,000 | $48.19 | $48,190.00 | 1,000 | |
| 2/19/2014 | Stephen Bird | CEO | Sell | 20,000 | $49.06 | $981,200.00 | 309,494 | |
| 7/18/2013 | Don Callahan | Insider | Sell | 45,000 | $52.14 | $2,346,300.00 | | |
| 11/26/2012 | Michael E Oneill | Director | Buy | 28,200 | $35.52 | $1,001,664.00 | | |
| 11/20/2012 | Joan E Spero | Director | Buy | 1,000 | $36.07 | $36,070.00 | | |
| 11/8/2012 | William S Thompson | Director | Buy | 6,850 | $36.25 | $248,312.50 | | |
(Data available from 1/1/2013 forward)
Citigroup (NYSE C) News Headlines
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Citigroup (NYSE:C) SEC Filings
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Citigroup (NYSE:C) Income Statement, Balance Sheet and Cash Flow Statement
Citigroup (NYSE C) Stock Chart for Thursday, April, 26, 2018
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