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 equities research analysts have issued twelve-month price objectives for Citigroup's shares. Their C share price forecasts range from $44.00 to $79.00. On average, they expect the company's stock price to reach $58.60 in the next twelve months. This suggests a possible upside of 25.1% 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 $60.39 at the start of the year. Since then, C shares have decreased by 22.5% and is now trading at $46.83.
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Citigroup saw a decline in short interest in October. As of October 31st, there was short interest totaling 29,980,000 shares, a decline of 13.4% from the October 15th total of 34,630,000 shares. Based on an average daily trading volume, of 17,660,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.6% of the company's stock are sold short.
View Citigroup's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, January 13th 2023.
View our C earnings forecast.

Citigroup Inc. (NYSE:C) released its earnings results on Friday, October, 14th. The company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.46 by $0.17. The firm earned $18.51 billion during the quarter, compared to analyst estimates of $18.28 billion. Citigroup had a net margin of 17.31% and a trailing twelve-month return on equity of 9.14%. Citigroup's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.49 earnings per share.
Read the conference call transcript.

Citigroup announced a quarterly dividend on Thursday, October 20th. Stockholders of record on Monday, November 7th will be paid a dividend of $0.51 per share on Wednesday, November 23rd. This represents a $2.04 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend is Friday, November 4th.
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 4.21%. C has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 27.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, C will have a dividend payout ratio of 32.64% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for C.

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 number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.55%), BlackRock Inc. (8.17%), State Street Corp (4.41%), Bank of New York Mellon Corp (1.36%), Massachusetts Financial Services Co. MA (0.97%) and Jane Street Group LLC (0.00%). 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 $46.83.

Citigroup (NYSE:C) has a market capitalization of $90.70 billion and generates $79.87 billion in revenue each year. The company earns $21.95 billion in net income (profit) each year or $7.30 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.