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 Ratio12.61
Forward P/E Ratio10.35
P/E Growth0.97
Sales & Book Value
Annual Sales$87.97 billion
Price / Sales1.96
Cash Flow$7.0811 per share
Price / Cash9.49
Book Value$70.98 per share
Price / Book0.95
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 announced a quarterly dividend on Wednesday, April 25th. Stockholders of record on Monday, May 7th will be paid a dividend of $0.32 per share on Friday, May 25th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date is Friday, May 4th. View Citigroup's Dividend History.
How will Citigroup's stock buyback program work?
Citigroup announced that its Board of Directors has authorized a share buyback program on Thursday, June 29th 2017, which permits the company to repurchase $15,600,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 8.7% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its shares are undervalued.
How were Citigroup's earnings last quarter?
Citigroup Inc (NYSE:C) released its quarterly earnings data on Friday, April, 13th. The financial services provider reported $1.68 earnings per share for the quarter, beating analysts' consensus estimates of $1.61 by $0.07. The financial services provider had revenue of $18.87 billion for the quarter, compared to the consensus estimate of $18.89 billion. Citigroup had a negative net margin of 6.28% and a positive return on equity of 8.13%. Citigroup's quarterly revenue 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 brokerages have issued 12 month price objectives for Citigroup's stock. Their predictions range from $61.00 to $100.00. On average, they expect Citigroup's share price to reach $81.7368 in the next twelve months. 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)
Are investors shorting Citigroup?
Citigroup saw a drop in short interest during the month of May. As of May 31st, there was short interest totalling 19,491,005 shares, a drop of 17.5% from the May 15th total of 23,617,711 shares. Based on an average daily volume of 17,487,485 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.8% of the company's shares are short sold. View Citigroup's Current Options Chain.
Who are some of Citigroup's key competitors?
Some companies that are related to Citigroup include JPMorgan Chase & Co. (JPM), Bank of America (BAC), Wells Fargo & Co (WFC), U.S. Bancorp (USB), Industrial & Cmrcl Bnk f China (IDCBY), PNC Financial Services Group (PNC), UBS Group (UBS), National Australia Bank (NABZY), DBS Grp HOLDING/S (DBSDY), Intesa Sanpaolo (ISNPY), Capital One Financial (COF), Mizuho Financial Group (MFG), BB&T (BBT), SunTrust Banks (STI) and Standard Chartered (SCBFF).
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 been trending somewhat positive on Saturday, Accern Sentiment reports. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Citigroup earned a media sentiment score of 0.16 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 46.75 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Citigroup's major shareholders?
Citigroup's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.20%), Massachusetts Financial Services Co. MA (1.31%), Northern Trust Corp (1.25%), Franklin Resources Inc. (0.94%), Boston Partners (0.92%) and ValueAct Holdings L.P. (0.63%). Company insiders that own Citigroup stock include Andrew Farncomb, Francisco Aristeguieta, James A Forese, Jeffrey R Walsh, John C Gerspach, John Eric Wenger, Joseph Michael Murray, Matthew Lennox-King, Michael Corbat and W Bradford Hu. View Institutional Ownership Trends for Citigroup.
Which institutional investors are selling Citigroup stock?
C stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Fisher Asset Management LLC, BlackRock Inc., FIL Ltd, Amundi Pioneer Asset Management Inc., Legal & General Group Plc, Northern Trust Corp and Lord Abbett & CO. LLC. Company insiders that have sold Citigroup company stock in the last year include Francisco Aristeguieta, Jeffrey R Walsh and John C Gerspach. View Insider Buying and Selling for Citigroup.
Which institutional investors are buying Citigroup stock?
C stock was acquired by a variety of institutional investors in the last quarter, including ValueAct Holdings L.P., Ceredex Value Advisors LLC, Summit Trail Advisors LLC, Toronto Dominion Bank, Mackay Shields LLC, O Shaughnessy Asset Management LLC, Quadrature Capital Ltd and Twin Tree Management LP. Company insiders that have bought Citigroup stock in the last two years include Andrew Farncomb, John Eric Wenger and Matthew Lennox-King. View Insider Buying and Selling for Citigroup.
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 $67.20.
How big of a company is Citigroup?
Citigroup has a market capitalization of $173.17 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.
