Should I buy or sell Citigroup stock right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Citigroup in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" C shares. View C analyst ratings or view top-rated stocks .

What is Citigroup's stock price target for 2024?

16 Wall Street research analysts have issued 12 month price objectives for Citigroup's stock. Their C share price targets range from $50.00 to $86.00. On average, they predict the company's share price to reach $64.84 in the next twelve months. This suggests a possible upside of 6.6% from the stock's current price. View analysts price targets for C or view top-rated stocks among Wall Street analysts .

How have C shares performed in 2024?

Citigroup's stock was trading at $51.44 at the beginning of the year. Since then, C shares have increased by 18.2% and is now trading at $60.81. View the best growth stocks for 2024 here .

Are investors shorting Citigroup?

Citigroup saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 28,420,000 shares, an increase of 5.2% from the April 30th total of 27,010,000 shares. Based on an average daily trading volume, of 14,110,000 shares, the short-interest ratio is currently 2.0 days. Currently, 1.5% of the company's stock are short sold. View Citigroup's Short Interest .

When is Citigroup's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 12th 2024. View our C earnings forecast .

How can I listen to Citigroup's earnings call?

Citigroup will be holding an earnings conference call on Friday, July 12th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Citigroup's earnings last quarter?

Citigroup Inc. (NYSE:C) announced its quarterly earnings data on Friday, April, 12th. The company reported $1.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.29 by $0.29. The firm had revenue of $21.10 billion for the quarter, compared to the consensus estimate of $20.46 billion. Citigroup had a net margin of 4.90% and a trailing twelve-month return on equity of 6.17%. Citigroup's quarterly revenue was down 1.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.86 earnings per share. Read the conference call transcript .

How often does Citigroup pay dividends? What is the dividend yield for Citigroup?

Citigroup declared a quarterly dividend on Wednesday, April 3rd. Investors of record on Monday, May 6th will be given a dividend of $0.53 per share on Friday, May 24th. This represents a $2.12 annualized dividend and a yield of 3.49%. The ex-dividend date of this dividend is Friday, May 3rd. Read our dividend analysis for C .

Is Citigroup a good dividend stock?

Citigroup (NYSE:C) pays an annual dividend of $2.12 per share and currently has a dividend yield of 3.57%. The dividend payout ratio is 62.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, C will have a dividend payout ratio of 29.65% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for C .

What ETFs hold Citigroup's stock?

ETFs with the largest weight of Citigroup (NYSE:C) stock in their portfolio include MicroSectors US Big Banks Index 3X Leveraged ETN (BNKU) , MicroSectors US Big Banks Index -3X Inverse Leveraged ETN (BNKD) , First Trust Nasdaq Bank ETF (FTXO) , FPA Global Equity ETF (FPAG) , TrueShares Low Volatility Equity Income ETF (DIVZ) , Invesco KBW Bank ETF (KBWB) , InfraCap Equity Income Fund ETF (ICAP) and Morgan Dempsey Large Cap Value ETF (MDLV) .

What guidance has Citigroup issued on next quarter's earnings?

Citigroup updated its FY 2024 earnings guidance on Tuesday, June, 18th. The company provided EPS guidance of for the period. The company issued revenue guidance of $80.0 billion-$81.0 billion, compared to the consensus revenue estimate of $80.7 billion.

What is Michael Corbat's approval rating as Citigroup's CEO?

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.

What other stocks do shareholders of Citigroup own?

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) .

Who are Citigroup's major shareholders?

Citigroup's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.71%), Price T Rowe Associates Inc. MD (1.66%), Bank of New York Mellon Corp (1.55%), Pzena Investment Management LLC (0.85%), LSV Asset Management (0.37%) and Thornburg Investment Management Inc. (0.37%). Insiders that own company stock include Andrew John Morton , Cantu Ernesto Torres , Citigroup Inc, Michael Whitaker , Sara Wechter , Titilope Cole and Zdenek Turek . View institutional ownership trends .

How do I buy shares of Citigroup?

Shares of C stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Citigroup have any subsidiaries?

The following companies are subsidiares of Citigroup: CitiFinancial Credit Company, AO Citibank, Acciones y Valores Banamex S.A. de C.V. Casa de Bolsa Integrante del Grupo Financiero Banamex, Afore Banamex S.A. de C.V., Associates Financial Services (Mauritius) LLC, Associates First Capital Corporation, Automated Trading Desk, Banco Citibank S.A., Banco Nacional de Mexico S.A., Bank Handlowy w Warszawie S.A., COHM Overseas Mexico Holding S. de R.L. de C.V., Citi GSCP Inc., Citi Investments Bahamas Ltd., Citi Niagara LLC, Citi Overseas Holdings Bahamas Limited, Citi Overseas Investments Bahamas Inc., Citi Real Estate Funding Inc., Citi Retail Services LLC, CitiMortgage Inc., Citibank (China) Co. Ltd., Citibank (Hong Kong) Limited, Citibank (Switzerland) AG, Citibank Anonim Sirketi, Citibank Berhad, Citibank Canada, Citibank Colombia S.A., Citibank Europe plc, Citibank Holdings Ireland Limited, Citibank Kazakhstan JSC, Citibank Korea Inc., Citibank N.A., Citibank Nigeria Limited, Citibank Overseas Investment Corporation, Citibank Singapore Limited, Citibank Taiwan Ltd., Citibank del Peru S.A., Citibank-Distribuidora de Titulos e Valores Mobiliarios S.A., Citicorp (Mexico) Holdings LLC, Citicorp Banking Corporation, Citicorp Credit Services Inc. (USA), Citicorp Finance (India) Limited, Citicorp Funding Inc., Citicorp Home Mortgage Services Inc., Citicorp International Limited, Citicorp Investment Bank (Singapore) Limited, Citicorp LLC, Citicorp Securities Services Inc., Citicorp Services India Private Limited, Citicorp USA Inc., Citigroup Alternative Investments LLC, Citigroup Asia Pacific Holding LLC, Citigroup BUSA Holdings Inc., Citigroup Capital Partners Mexico S. de R.L. de C.V., Citigroup Chile S.A., Citigroup Finance Canada ULC, Citigroup Financial Products Inc., Citigroup Global Markets Deutschland AG, Citigroup Global Markets Europe Finance Limited, Citigroup Global Markets Finance Corporation & Co. beschrankt haftende KG, Citigroup Global Markets Holdings Bahamas Limited, Citigroup Global Markets Holdings Inc., Citigroup Global Markets Inc., Citigroup Global Markets India Private Limited, Citigroup Global Markets Japan Inc., Citigroup Global Markets Korea Securities Limited, Citigroup Global Markets Limited, Citigroup Global Markets Operations and Technology LLC, Citigroup Global Markets Realty Corp., Citigroup Global Markets Switzerland Holding GmbH, Citigroup Global Markets Taiwan Securities Company Limited, Citigroup Holding (Singapore) Private Limited, Citigroup International Luxembourg Limited, Citigroup Investments Inc., Citigroup Japan Holdings G.K., Citigroup Netherlands B.V., Citigroup Niagara Holdings LLC, Citigroup Participation Luxembourg Limited, Citigroup Pty Limited, Citigroup Technology Inc., European American Bank, Grupo Financiero Banamex S.A. de C.V., Grupo Financiero Citibanamex S.A. de C.V., Holding BUSA II S. de R.L. de C.V., Holding BUSA S. de R.L. de C.V., Impulsora de Fondos Banamex S.A. de C.V. Sociedad Operadora de Sociedades de Inversion, Koram Bank, Latin American Investment Bank Bahamas Limited, Pipestone Investments LLC, Public Joint Stock Company "Citibank", Quilter Cheviot, Seguros Banamex S.A. de C.V. Integrante del Grupo Financiero Banamex, Seven World Holdings LLC, TRV Holdings LLC, TRV Investments LLC, Tarjetas Banamex S.A. de C.V. SOFOM E.R., The BISYS Group, and Yonder Investment Corporation. Read More

NYSE:C

Citigroup (C) Stock Price, News & Analysis

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Free C Stock Alerts

$60.81

+0.75 (+1.25%)

(As of 06/18/2024 ET)

Compare

Today's Range: $60.09
▼
$61.61
50-Day Range: $56.98
▼
$64.76
52-Week Range: $38.17
▼
$64.98

Volume: 15.77 million shs
Average Volume: 15.16 million shs
Market Capitalization: $115.99 billion

P/E Ratio: 17.99
Dividend Yield: 3.49%
Price Target: $64.84

Get Citigroup alerts:

Citigroup MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.56 Rating Score
Upside/Downside: 6.6% Upside
$64.84 Price Target
Short Interest: Healthy
1.53% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.49
Upright™ Environmental Score
News Sentiment: 0.39
Based on 38 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 19.97%
From $5.96 to $7.15 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.84 out of 5 stars

Finance Sector

63rd out of 872 stocks

National Commercial Banks Industry

14th out of 84 stocks

2.3

Analyst's Opinion

Consensus Rating
Citigroup has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 10 buy ratings, 5 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Citigroup has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Read more about Citigroup's stock forecast and price target.

3.0

Short Interest

Percentage of Shares Shorted
1.53% of the float of Citigroup has been sold short.
Short Interest Ratio / Days to Cover
Citigroup has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Citigroup has recently increased by 2.36%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Leadership
Citigroup is a leading dividend payer. It pays a dividend yield of 3.57%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Citigroup does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Citigroup is 62.72%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Citigroup will have a dividend payout ratio of 29.65% next year. This indicates that Citigroup will be able to sustain or increase its dividend.
Read more about Citigroup's dividend.

2.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Citigroup has received a 15.59% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Credit cards", "Mortgages", and "Consumer deposit accounts" products. See details.
Environmental Sustainability
The Environmental Impact score for Citigroup is -0.49.

1.9

News and Social Media Coverage

News Sentiment
Citigroup has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.85 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 38 news articles for Citigroup this week, compared to 45 articles on an average week.
Search Interest
Only 75 people have searched for C on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days.
MarketBeat Follows
25 people have added Citigroup to their MarketBeat watchlist in the last 30 days. This is an increase of 32% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Citigroup insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.08% of the stock of Citigroup is held by insiders.
Percentage Held by Institutions
71.72% of the stock of Citigroup is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about Citigroup's insider trading history.

5.0

Earnings and Valuation

Earnings Growth
Earnings for Citigroup are expected to grow by 19.97% in the coming year, from $5.96 to $7.15 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Citigroup is 17.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.91.
Price to Earnings Ratio vs. Sector
The P/E ratio of Citigroup is 17.99, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.60.
Price to Earnings Growth Ratio
Citigroup has a PEG Ratio of 0.89. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Citigroup has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.
Read more about Citigroup's valuation and earnings.

See Top Rated MarketRank™ Stocks Here

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About Citigroup Stock (NYSE:C)

Citigroup Inc. is one of the world’s largest financial institutions. It is the 13th largest bank globally by assets and 8th by market cap with operations in consumer and institutional banking. In the US, Citigroup is the 3rd largest bank by assets and one of the Big Four deemed systemically important and “too big to fail”.

Citigroup Inc. was founded in 1812 as the City Bank of New York. The bank was run by Samuel Osgood who led the company with success for many years, even throughout the War of 1812. The bank was later renamed the National City Bank of New York in 1865 and by 1895 is the largest bank in the US. In 1913 it was the first contributor to the Federal Reserve Bank of New York and a few years later it began to expand into overseas territories.

The bank became the First National City Bank of New York after another merger in 1955 and then later, the “New York” part was dropped off as part of the 150th-anniversary celebration. By 1974 the company is known as Citicorp which is still the operational branch of the business and a global banking powerhouse. A merger with Travelers insurance group in 1998 resulted in the name Citigroup but the joint venture did not last. By 2002 Travelers was publicly traded once again but Citigroup retained the new name.

Today, the company is headquartered in New York, New York but boasts more than 200 million customer accounts in 160 countries worldwide. As of mid-2022, it operated 2,649 branches in the United States, Mexico, and Asia. The company reports nearly 725 branches in the US and 1499 in Mexico with the rest scattered throughout its territory. Total annual revenue topped $75 billion in 2022.

Citigroup is a diversified financial services holding company that owns Citicorp among other assets. The company’s mission is to serve as a trusted partner providing responsible financial solutions to its clients. Citigroup provides financial products and services to consumers, corporations, governments, and institutions. The company operates in two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).

The GCB segment offers traditional banking services including deposit and saving accounts, credit cards, personal loans, home loans, and investment services. This segment operates through local branches and digital means. The ICG segment offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients.

Written by Jeffrey Neal Johnson

C Stock Price History

30 days | 90 days | 365 days | Advanced Chart

C Stock News Headlines

President Joe Biden speaks on April 12, 2024, in Washington

June 10, 2024 | marketbeat.com

Biden's team asks CEOs how to further boost the economy while Trump says business is on his side

On the campaign trail, President Joe Biden likes to take a hard thwack at corporate America

June 6, 2024 | marketbeat.com

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The asset beating inflation by 4x

June 18 at 4:02 PM | marketwatch.com

Citi’s investment-banking revenue tracking 50% above year-ago level

June 18 at 1:02 PM | wsj.com

Inside Citigroup's Most Mysterious Business

June 18 at 7:06 AM | marketwatch.com

Three’s a trend. Citi is the latest to bump S&P 500 target, but it sees opportunistic pullbacks coming.

June 18 at 3:22 AM | americanbankingnews.com

Royal Bank of Canada Boosts Citigroup (NYSE:C) Price Target to $66.00

June 18 at 12:02 AM | pymnts.com

Report: Spain’s BBVA Considering Opening Digital Consumer Bank in Germany

June 19, 2024 | Colonial Metals (Ad)

The asset beating inflation by 4x

June 17 at 7:22 PM | pymnts.com

Citigroup to Highlight Services Business at Investor Day

June 17 at 6:02 PM | wsj.com

Citigroup Facing New Regulatory Knock on Its Living Will

June 17 at 2:04 PM | pymnts.com

You.com Reportedly Raising $50 Million for AI Assistants

June 17 at 7:45 AM | investorplace.com

The Dividend Delectables: 3 Stocks That Will Satisfy Your Hunger for Income

June 17 at 5:01 AM | pymnts.com

Report: OpenAI Could Become a For-Profit Business

June 17 at 1:06 AM | insidermonkey.com

25 Most Influential Cities in the World

June 16 at 5:02 PM | benzinga.com

Market Manipulation Or Meme-Stock Mastery? 'Roaring Kitty' Rakes In $262 Million GameStop Stake

June 16 at 2:01 PM | fortune.com

High home price are 'feudalizing' California as unaffordable housing markets pose existential threat to middle class, study says

June 16 at 2:02 AM | themerkle.com

Binance Coin Price Prediction, Polygon NFTs: BlockDAG Best Long Term Crypto

June 14, 2024 | benzinga.com

Ares Management in Talks on Merger With GLP Capital

June 14, 2024 | fortune.com

U.S. cities are using shipping containers to build gated micro-communities for homeless people

June 14, 2024 | financialpost.com

Micro communities for the homeless sprout in US cities eager for small, quick and cheap solutions

June 13, 2024 | 247wallst.com

The 20 US Cities With the Highest Retirement Account Income

June 13, 2024 | barrons.com

Citi's Wealth Business Head: We Should Be ‘No. 1' in the World

June 13, 2024 | pymnts.com

Foreign Card Use Brings US Dollars Back to Venezuela

June 13, 2024 | benzinga.com

These 5 Cannabis Companies Will Compete For Thousands In Prizes At Benzinga's 2024 Pitch Competition

June 13, 2024 | benzinga.com

Texas Judge Dismisses GOP Attorney General Ken Paxton's Lawsuit Against Voter-Approved Cannabis Measure, Upholds Austin's Marijuana Decriminalization Law

June 13, 2024 | ft.com

Have the Tories squandered their years in power?

See More Headlines

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Company Calendar

Last Earnings: 4/12/2024
Ex-Dividend for 5/24 Dividend: 5/03/2024
Dividend Payable: 5/24/2024
Today: 6/18/2024
Next Earnings (Confirmed): 7/12/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: National commercial banks
Sub-Industry: N/A
Current Symbol: NYSE:C
CUSIP: N/A
CIK: 0000036684
Web: www.citigroup.com
Phone: (212) 559-1000
Fax: 212-793-3946
Employees: 239,000
Year Founded: 1812

Price Target and Rating

Average Stock Price Target: $64.84
High Stock Price Target: $86.00
Low Stock Price Target: $50.00
Potential Upside/Downside: +6.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.56
Research Coverage: 16 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.38
Trailing P/E Ratio: 17.99
Forward P/E Ratio: 10.20
P/E Growth: 0.89
Net Income: $9.23 billion
Net Margins: 4.90%
Pretax Margin: 6.91%
Return on Equity: 6.17%
Return on Assets: 0.49%

Debt

Debt-to-Equity Ratio: 1.50
Current Ratio: 0.95
Quick Ratio: 0.95

Sales & Book Value

Annual Sales: $156.82 billion
Price / Sales: 0.74
Cash Flow: $9.02 per share
Price / Cash Flow: 6.74
Book Value: $98.57 per share
Price / Book: 0.62

Miscellaneous

Outstanding Shares: 1,907,440,000
Free Float: 1,905,914,000
Market Cap: $115.99 billion
Optionable: Optionable
Beta: 1.48

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Key Executives

Ms. Jane Nind Fraser (Age 56)
CEO & Director
Comp: $6.76M
Mr. Mark A.L. Mason (Age 54)
Chief Financial Officer
Comp: $6.95M
Mr. Anand Selvakesari (Age 56)
Chief Operating Officer
Comp: $8.18M
Mr. Andrew J. Morton (Age 62)
Head of Markets
Comp: $12.98M
Mr. Andrew Mason Sieg (Age 56)
Head of Wealth
Comp: $5.41M
Mr. David R. Bailin
Chief Investment Officer & Global Head of Investments
Mr. Johnbull E. Okpara (Age 52)
Chief Accounting Officer & Controller
Tim Ryan
Head of Technology & Business Enablement
Ms. Jennifer Landis
Head of Investor Relations
Mr. Brent J. McIntosh (Age 50)
Chief Legal Officer & Corporate Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Citigroup Stock? C Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Citigroup Inc.:

Citigroup Inc. stock price is currently undervalued compared to its potential growth, presenting a buying opportunity for investors.
The company has a strong global presence and diversified business segments, reducing risk associated with regional economic downturns.
Citigroup Inc. has been consistently improving its digital banking services, enhancing customer experience and attracting a larger client base.
Recent positive earnings reports indicate the company's ability to generate profits and maintain financial stability.
Citigroup Inc. has a competitive advantage in investment banking services, providing potential for higher returns for investors.

Cons

Investors should be bearish about investing in Citigroup Inc. for these reasons:

Citigroup Inc. faces regulatory challenges and compliance costs, which could impact profitability and limit growth opportunities.
The company's exposure to global economic uncertainties and market volatility may lead to fluctuations in stock price and investment returns.
High debt levels relative to equity could pose risks during economic downturns or interest rate hikes.
Citigroup Inc. operates in a highly competitive industry, facing pressure on margins and market share from other financial institutions.
Potential legal liabilities and litigation expenses could impact the company's financial performance and investor confidence.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, May 29, 2024. Please send any questions or comments about these Citigroup pros and cons to contact@marketbeat.com.

C Stock Analysis - Frequently Asked Questions

Should I buy or sell Citigroup stock right now?: 16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Citigroup in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" C shares.
View C analyst ratings or view top-rated stocks.
What is Citigroup's stock price target for 2024?: 16 Wall Street research analysts have issued 12 month price objectives for Citigroup's stock. Their C share price targets range from $50.00 to $86.00. On average, they predict the company's share price to reach $64.84 in the next twelve months. This suggests a possible upside of 6.6% from the stock's current price.
View analysts price targets for C or view top-rated stocks among Wall Street analysts.
How have C shares performed in 2024?: Citigroup's stock was trading at $51.44 at the beginning of the year. Since then, C shares have increased by 18.2% and is now trading at $60.81.
View the best growth stocks for 2024 here.
Are investors shorting Citigroup?: Citigroup saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 28,420,000 shares, an increase of 5.2% from the April 30th total of 27,010,000 shares. Based on an average daily trading volume, of 14,110,000 shares, the short-interest ratio is currently 2.0 days. Currently, 1.5% of the company's stock are short sold.
View Citigroup's Short Interest.
When is Citigroup's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, July 12th 2024.
View our C earnings forecast.
How can I listen to Citigroup's earnings call?: Citigroup will be holding an earnings conference call on Friday, July 12th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Citigroup's earnings last quarter?: Citigroup Inc. (NYSE:C) announced its quarterly earnings data on Friday, April, 12th. The company reported $1.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.29 by $0.29. The firm had revenue of $21.10 billion for the quarter, compared to the consensus estimate of $20.46 billion. Citigroup had a net margin of 4.90% and a trailing twelve-month return on equity of 6.17%. Citigroup's quarterly revenue was down 1.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.86 earnings per share.
Read the conference call transcript.
How often does Citigroup pay dividends? What is the dividend yield for Citigroup?: Citigroup declared a quarterly dividend on Wednesday, April 3rd. Investors of record on Monday, May 6th will be given a dividend of $0.53 per share on Friday, May 24th. This represents a $2.12 annualized dividend and a yield of 3.49%. The ex-dividend date of this dividend is Friday, May 3rd.
Read our dividend analysis for C.

Is Citigroup a good dividend stock?: Citigroup (NYSE:C) pays an annual dividend of $2.12 per share and currently has a dividend yield of 3.57%. The dividend payout ratio is 62.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, C will have a dividend payout ratio of 29.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for C.
What ETFs hold Citigroup's stock?: ETFs with the largest weight of Citigroup (NYSE:C) stock in their portfolio include MicroSectors US Big Banks Index 3X Leveraged ETN (BNKU), MicroSectors US Big Banks Index -3X Inverse Leveraged ETN (BNKD), First Trust Nasdaq Bank ETF (FTXO), FPA Global Equity ETF (FPAG), TrueShares Low Volatility Equity Income ETF (DIVZ), Invesco KBW Bank ETF (KBWB), InfraCap Equity Income Fund ETF (ICAP) and Morgan Dempsey Large Cap Value ETF (MDLV).
What guidance has Citigroup issued on next quarter's earnings?: Citigroup updated its FY 2024 earnings guidance on Tuesday, June, 18th. The company provided EPS guidance of for the period. The company issued revenue guidance of $80.0 billion-$81.0 billion, compared to the consensus revenue estimate of $80.7 billion.
What is Michael Corbat's approval rating as Citigroup's CEO?: 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.
What other stocks do shareholders of Citigroup own?: 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).
Who are Citigroup's major shareholders?: Citigroup's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.71%), Price T Rowe Associates Inc. MD (1.66%), Bank of New York Mellon Corp (1.55%), Pzena Investment Management LLC (0.85%), LSV Asset Management (0.37%) and Thornburg Investment Management Inc. (0.37%). Insiders that own company stock include Andrew John Morton, Cantu Ernesto Torres, Citigroup Inc, Michael Whitaker, Sara Wechter, Titilope Cole and Zdenek Turek.
View institutional ownership trends.
How do I buy shares of Citigroup?: Shares of C stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Citigroup have any subsidiaries?: The following companies are subsidiares of Citigroup: CitiFinancial Credit Company, AO Citibank, Acciones y Valores Banamex S.A. de C.V. Casa de Bolsa Integrante del Grupo Financiero Banamex, Afore Banamex S.A. de C.V., Associates Financial Services (Mauritius) LLC, Associates First Capital Corporation, Automated Trading Desk, Banco Citibank S.A., Banco Nacional de Mexico S.A., Bank Handlowy w Warszawie S.A., COHM Overseas Mexico Holding S. de R.L. de C.V., Citi GSCP Inc., Citi Investments Bahamas Ltd., Citi Niagara LLC, Citi Overseas Holdings Bahamas Limited, Citi Overseas Investments Bahamas Inc., Citi Real Estate Funding Inc., Citi Retail Services LLC, CitiMortgage Inc., Citibank (China) Co. Ltd., Citibank (Hong Kong) Limited, Citibank (Switzerland) AG, Citibank Anonim Sirketi, Citibank Berhad, Citibank Canada, Citibank Colombia S.A., Citibank Europe plc, Citibank Holdings Ireland Limited, Citibank Kazakhstan JSC, Citibank Korea Inc., Citibank N.A., Citibank Nigeria Limited, Citibank Overseas Investment Corporation, Citibank Singapore Limited, Citibank Taiwan Ltd., Citibank del Peru S.A., Citibank-Distribuidora de Titulos e Valores Mobiliarios S.A., Citicorp (Mexico) Holdings LLC, Citicorp Banking Corporation, Citicorp Credit Services Inc. (USA), Citicorp Finance (India) Limited, Citicorp Funding Inc., Citicorp Home Mortgage Services Inc., Citicorp International Limited, Citicorp Investment Bank (Singapore) Limited, Citicorp LLC, Citicorp Securities Services Inc., Citicorp Services India Private Limited, Citicorp USA Inc., Citigroup Alternative Investments LLC, Citigroup Asia Pacific Holding LLC, Citigroup BUSA Holdings Inc., Citigroup Capital Partners Mexico S. de R.L. de C.V., Citigroup Chile S.A., Citigroup Finance Canada ULC, Citigroup Financial Products Inc., Citigroup Global Markets Deutschland AG, Citigroup Global Markets Europe Finance Limited, Citigroup Global Markets Finance Corporation & Co. beschrankt haftende KG, Citigroup Global Markets Holdings Bahamas Limited, Citigroup Global Markets Holdings Inc., Citigroup Global Markets Inc., Citigroup Global Markets India Private Limited, Citigroup Global Markets Japan Inc., Citigroup Global Markets Korea Securities Limited, Citigroup Global Markets Limited, Citigroup Global Markets Operations and Technology LLC, Citigroup Global Markets Realty Corp., Citigroup Global Markets Switzerland Holding GmbH, Citigroup Global Markets Taiwan Securities Company Limited, Citigroup Holding (Singapore) Private Limited, Citigroup International Luxembourg Limited, Citigroup Investments Inc., Citigroup Japan Holdings G.K., Citigroup Netherlands B.V., Citigroup Niagara Holdings LLC, Citigroup Participation Luxembourg Limited, Citigroup Pty Limited, Citigroup Technology Inc., European American Bank, Grupo Financiero Banamex S.A. de C.V., Grupo Financiero Citibanamex S.A. de C.V., Holding BUSA II S. de R.L. de C.V., Holding BUSA S. de R.L. de C.V., Impulsora de Fondos Banamex S.A. de C.V. Sociedad Operadora de Sociedades de Inversion, Koram Bank, Latin American Investment Bank Bahamas Limited, Pipestone Investments LLC, Public Joint Stock Company "Citibank", Quilter Cheviot, Seguros Banamex S.A. de C.V. Integrante del Grupo Financiero Banamex, Seven World Holdings LLC, TRV Holdings LLC, TRV Investments LLC, Tarjetas Banamex S.A. de C.V. SOFOM E.R., The BISYS Group, and Yonder Investment Corporation.
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This page (NYSE:C) was last updated on 6/19/2024 by MarketBeat.com Staff

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