Citigroup - C Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Citigroup in the last year. There are currently 1 sell rating, 9 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities 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.
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17 Wall Street analysts have issued 1 year price targets for Citigroup's shares. Their C share price forecasts range from $46.00 to $86.00. On average, they anticipate the company's share price to reach $62.19 in the next twelve months. This suggests a possible upside of 44.7% from the stock's current price.
View analysts price targets for C or view top-rated stocks among Wall Street analysts.

Citigroup's stock was trading at $60.39 at the beginning of the year. Since then, C shares have decreased by 28.8% and is now trading at $42.99.
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Citigroup saw a decrease in short interest in August. As of August 15th, there was short interest totaling 34,690,000 shares, a decrease of 10.9% from the July 31st total of 38,930,000 shares. Based on an average daily volume of 20,160,000 shares, the short-interest ratio is currently 1.7 days. Approximately 1.8% of the shares of the company are short sold.
View Citigroup's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, October 14th 2022.
View our C earnings forecast.

Citigroup will be holding an earnings conference call on Friday, October 14th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Citigroup Inc. (NYSE:C) released its quarterly earnings data on Friday, July, 15th. The company reported $2.30 EPS for the quarter, beating the consensus estimate of $1.67 by $0.63. The firm had revenue of $19.64 billion for the quarter, compared to the consensus estimate of $18.32 billion. Citigroup had a net margin of 20.06% and a trailing twelve-month return on equity of 10.25%. The business's revenue was up 10.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.84 earnings per share.
Read the conference call transcript.

Citigroup announced a quarterly dividend on Thursday, July 21st. Stockholders of record on Monday, August 1st will be given a dividend of $0.51 per share on Friday, August 26th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.75%. The ex-dividend date is Friday, July 29th.
Read our dividend analysis for C.

Citigroup (NYSE:C) pays an annual dividend of $2.04 per share and currently has a dividend yield of 4.61%. C has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 26.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, C will have a dividend payout ratio of 28.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for C.

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.

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).

Citigroup trades on the New York Stock Exchange (NYSE) under the ticker symbol "C."

Citigroup's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State Street Corp (4.43%), Northern Trust Corp (1.12%), Massachusetts Financial Services Co. MA (0.98%), Price T Rowe Associates Inc. MD (0.86%), Artisan Partners Limited Partnership (0.81%) and Legal & General Group Plc (0.79%). Insiders that own company stock include Cantu Ernesto Torres, Citigroup Inc, Gary M Reiner and Sara Wechter.
View institutional ownership trends.

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.
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One share of C stock can currently be purchased for approximately $42.99.

Citigroup (NYSE:C) has a market capitalization of $83.26 billion and generates $79.87 billion in revenue each year. The company earns $21.95 billion in net income (profit) each year or $7.82 on an earnings per share basis.

The company employs 223,400 workers across the globe.

Citigroup's mailing address is 388 GREENWICH STREET, NEW YORK NY, 10013. The official website for the company is www.citigroup.com. The company can be reached via phone at (212) 559-1000, via email at investorrelations@citi.com, or via fax at 212-793-3946.