NYSE:CCitigroup Stock Price, Forecast & 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 (WHO). Since then, C stock has increased by 5.0% and is now trading at $53.34. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citigroup in the last year. There are currently 3 hold ratings and 19 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 Monday, July 20th 2020. View our earnings forecast for Citigroup.

Citigroup Inc (NYSE:C) announced its quarterly earnings results on Wednesday, April, 15th. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.16. The financial services provider earned $20.73 billion during the quarter, compared to the consensus estimate of $18.98 billion. Citigroup had a return on equity of 9.15% and a net margin of 16.56%. The firm's revenue was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.87 EPS. View Citigroup's earnings history.

Citigroup announced a quarterly dividend on Tuesday, April 21st. Investors of record on Monday, May 4th will be paid a dividend of $0.51 per share on Friday, May 22nd. This represents a $2.04 annualized dividend and a dividend yield of 3.82%. The ex-dividend date of this dividend is Friday, May 1st. View Citigroup's dividend history.

22 Wall Street analysts have issued 1 year price objectives for Citigroup's stock. Their forecasts range from $56.00 to $100.00. On average, they expect Citigroup's stock price to reach $76.24 in the next twelve months. This suggests a possible upside of 42.9% from the stock's current price. View analysts' price targets for Citigroup.

Press coverage about C stock has been trending very negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Citigroup earned a news sentiment score of -3.1 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutCitigroup.

Citigroup saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 28,870,000 shares, an increase of 13.8% from the April 30th total of 25,380,000 shares. Based on an average daily trading volume, of 28,920,000 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.4% of the shares of the stock are sold short. View Citigroup's Current Options Chain.

Some companies that are related to Citigroup include JPMorgan Chase & Co. (JPM), Industrial & Cmrcl Bnk f China (IDCBY), Bank of America (BAC), Wells Fargo & Co (WFC), U.S. Bancorp (USB), Truist Financial (TFC), PNC Financial Services Group (PNC), UBS Group (UBS), DBS GRP HOLDING/S (DBSDY), National Australia Bank (NABZY), Capital One Financial (COF), Intesa Sanpaolo (ISNPY), Mizuho Financial Group (MFG), SunTrust Banks (STI) and China Minsheng Banking (CMAKY). 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), Walt Disney (DIS), NVIDIA (NVDA), AT&T (T), General Electric (GE), Micron Technology (MU) and Cisco Systems (CSCO).

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

Citigroup's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.55%), State Street Corp (4.54%), Invesco Ltd. (1.71%), Massachusetts Financial Services Co. MA (1.66%), Bank of New York Mellon Corp (1.62%) and Geode Capital Management LLC (1.57%). Company insiders that own Citigroup stock include Francisco Aristeguieta, Michael Whitaker, Raja Akram, 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 Franklin Resources Inc., APG Asset Management N.V., Alliancebernstein L.P., State Street Corp, Nuveen Asset Management LLC, Artemis Investment Management LLP, Artemis Investment Management LLP, and APG Asset Management N.V.. View insider buying and selling activity for Citigroup.

C stock was purchased by a variety of institutional investors in the last quarter, including Public Investment Fund, Sanders Capital LLC, Canada Pension Plan Investment Board, Caisse DE Depot ET Placement DU Quebec, Banco Santander S.A., Cullen Capital Management LLC, Schafer Cullen Capital Management Inc, and Robeco Institutional Asset Management B.V.. 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 $53.34.

Citigroup has a market capitalization of $111.04 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]