Citigroup - C Stock Forecast, Price & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citigroup in the last twelve months. There are currently 1 sell rating, 10 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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.
View C analyst ratings or view top-rated stocks.

18 analysts have issued 1-year price targets for Citigroup's stock. Their C share price forecasts range from $41.00 to $83.00. On average, they predict the company's stock price to reach $57.42 in the next twelve months. This suggests a possible upside of 10.7% 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 $45.23 at the beginning of the year. Since then, C stock has increased by 14.7% and is now trading at $51.86.
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Citigroup saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 25,970,000 shares, a drop of 9.3% from the December 31st total of 28,620,000 shares. Based on an average trading volume of 17,520,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.4% 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 Thursday, April 13th 2023.
View our C earnings forecast.

Citigroup Inc. (NYSE:C) announced its earnings results on Friday, January, 14th. The company reported $1.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.89 by $0.43. The business had revenue of $17.02 billion for the quarter, compared to the consensus estimate of $16.78 billion. Citigroup had a trailing twelve-month return on equity of 8.14% and a net margin of 14.73%. Citigroup's revenue for the quarter was up 1.1% on a year-over-year basis. During the same period in the previous year, the business posted $2.07 earnings per share.
Read the conference call transcript.

Citigroup announced a quarterly dividend on Wednesday, January 11th. Investors of record on Monday, February 6th will be paid a dividend of $0.51 per share on Friday, February 24th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date of this dividend is Friday, February 3rd.
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 3.91%. The dividend payout ratio is 29.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, C will have a dividend payout ratio of 30.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for C.

Citigroup issued an update on its FY 2023 earnings guidance on Friday, January, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $78.00 billion-$79.00 billion, compared to the consensus revenue estimate of $76.15 billion.

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 many different retail and institutional investors. Top institutional investors include Greenhaven Associates Inc. (0.40%), National Bank of Canada FI (0.27%), Assenagon Asset Management S.A. (0.00%), New York State Teachers Retirement System (0.12%), Oldfield Partners LLP (0.10%) and M&G Investment Management Ltd. (0.07%). 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 $51.86.

Citigroup (NYSE:C) has a market capitalization of $100.45 billion and generates $101.08 billion in revenue each year. The company earns $14.85 billion in net income (profit) each year or $7.00 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.