Citigroup Stock Forecast, Price & News

Citigroup's stock was trading at $50.79 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, C shares have decreased by 10.4% and is now trading at $45.53.
View which stocks have been most impacted by COVID-19.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citigroup in the last year. There are currently 1 sell rating, 3 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Citigroup.

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

Citigroup Inc (NYSE:C) issued its quarterly earnings data on Tuesday, July, 14th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.47 by $0.03. The financial services provider earned $19.77 billion during the quarter, compared to analysts' expectations of $19.06 billion. Citigroup had a return on equity of 7.40% and a net margin of 13.64%. Citigroup's revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter last year, the company posted $1.95 earnings per share.
View Citigroup's earnings history.

Citigroup announced a quarterly dividend on Thursday, July 23rd. Stockholders of record on Monday, August 3rd will be given a dividend of $0.51 per share on Friday, August 28th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.48%. The ex-dividend date is Friday, July 31st.
View Citigroup's dividend history.

22 brokerages have issued 12 month price targets for Citigroup's stock. Their forecasts range from $56.00 to $101.00. On average, they anticipate Citigroup's stock price to reach $72.97 in the next twelve months. This suggests a possible upside of 60.3% from the stock's current price.
View analysts' price targets for Citigroup.

News stories about C stock have trended negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of 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 -2.7 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days.
View the latest news about Citigroup.

Citigroup saw a drop in short interest in the month of August. As of August 14th, there was short interest totaling 17,520,000 shares, a drop of 14.1% from the July 30th total of 20,400,000 shares. Based on an average daily volume of 27,240,000 shares, the short-interest ratio is currently 0.6 days. Approximately 0.9% of the company's stock are sold short.
View Citigroup's Short Interest.

Some companies that are related to Citigroup include JPMorgan Chase & Co. (JPM), Bank of America (BAC), Industrial & Cmrcl Bnk f China (IDCBY), Wells Fargo & Company (WFC), U.S. Bancorp (USB), Truist Financial (TFC), PNC Financial Services Group (PNC), UBS Group (UBS), Intesa Sanpaolo (ISNPY), DBS GRP HOLDING/S (DBSDY), National Australia Bank (NABZY), Capital One Financial (COF), Mizuho Financial Group (MFG), China Minsheng Banking (CMAKY) and BANCO DO BRASIL/S (BDORY).
View all competitors.

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), General Electric (GE), Wells Fargo & Company (WFC) 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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.28%), Bank of New York Mellon Corp (1.71%), FMR LLC (1.59%), Sanders Capital LLC (0.94%), Nordea Investment Management AB (0.63%) and LSV Asset Management (0.53%). Company insiders that own Citigroup stock include Michael Whitaker, Stephen Bird and W Bradford Hu.
View institutional ownership trends for Citigroup.

C stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Greenhaven Associates Inc., FMR LLC, Ninety One UK Ltd, Canada Pension Plan Investment Board, Banco Santander S.A., Prudential PLC, and Sumitomo Mitsui Trust Holdings Inc..
View insider buying and selling activity for Citigroup.

C stock was acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Sanders Capital LLC, Thornburg Investment Management Inc., SG Americas Securities LLC, Bank of New York Mellon Corp, First Trust Advisors LP, Marshall Wace North America L.P., and Healthcare of Ontario Pension Plan Trust Fund.
View insider buying and selling activity for 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.

One share of C stock can currently be purchased for approximately $45.53.

Citigroup has a market capitalization of $94.79 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.

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

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]