Citigroup - C Stock Forecast, Price & News

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Citigroup in the last year. There are currently 1 sell rating, 7 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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15 analysts have issued 12 month target prices for Citigroup's shares. Their C share price forecasts range from $41.00 to $75.00. On average, they predict the company's stock price to reach $55.16 in the next twelve months. This suggests a possible upside of 20.0% 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 start of the year. Since then, C stock has increased by 1.6% and is now trading at $45.95.
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Citigroup saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 45,290,000 shares, an increase of 48.6% from the February 28th total of 30,480,000 shares. Based on an average trading volume of 20,050,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 2.3% of the company's shares are sold short.
View Citigroup's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, April 14th 2023.
View our C earnings forecast.

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

Citigroup Inc. (NYSE:C) posted its earnings results on Friday, January, 13th. The company reported $1.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.18 by $0.08. The firm earned $18.01 billion during the quarter, compared to analyst estimates of $17.91 billion. Citigroup had a trailing twelve-month return on equity of 8.14% and a net margin of 14.73%.

Citigroup announced a quarterly dividend on Wednesday, January 11th. Shareholders 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 annualized dividend and a yield of 4.44%. The ex-dividend date of this dividend is Friday, February 3rd.
Read our dividend analysis for C.

ETFs with the largest weight of Citigroup (NYSE:C) stock in their portfolio include Invesco KBW Bank ETF (KBWB), First Trust Nasdaq Bank ETF (FTXO), Invesco S&P Ultra Dividend Revenue ETF (RDIV), WBI Power Factor High Dividend ETF (WBIY), FPA Global Equity ETF (FPAG), Invesco S&P 500 Enhanced Value ETF (SPVU), Guru Favorite Stocks ETF (GFGF) and Sound Equity Income ETF (SDEI).

Citigroup (NYSE:C) pays an annual dividend of $2.04 per share and currently has a dividend yield of 4.73%. C has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 30.63% 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 EPS 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 a variety of institutional and retail investors. Top institutional investors include Geode Capital Management LLC (1.79%), Morgan Stanley (1.33%), Price T Rowe Associates Inc. MD (1.05%), Susquehanna International Group LLP (0.00%), Pzena Investment Management LLC (0.83%) and Artisan Partners Limited Partnership (0.77%). Insiders that own company stock include Cantu Ernesto Torres, Citigroup Inc, Gary M Reiner, Michael Whitaker, Sara Wechter and Titilope Cole.
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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 $45.95.

Citigroup (NYSE:C) has a market capitalization of $89.31 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 240,000 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.