S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
US Navy helicopters fire at Yemen's Houthi rebels and kill several in latest Red Sea shipping attack
MarketBeat All Access New Year's Sale - Just $1.00 (Ad)
A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
Chief Justice Roberts casts a wary eye on the uses of artificial intelligence in the federal courts
MarketBeat All Access New Year's Sale - Just $1.00 (Ad)
S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
US Navy helicopters fire at Yemen's Houthi rebels and kill several in latest Red Sea shipping attack
MarketBeat All Access New Year's Sale - Just $1.00 (Ad)
A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
Chief Justice Roberts casts a wary eye on the uses of artificial intelligence in the federal courts
MarketBeat All Access New Year's Sale - Just $1.00 (Ad)
S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
US Navy helicopters fire at Yemen's Houthi rebels and kill several in latest Red Sea shipping attack
MarketBeat All Access New Year's Sale - Just $1.00 (Ad)
A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
Chief Justice Roberts casts a wary eye on the uses of artificial intelligence in the federal courts
MarketBeat All Access New Year's Sale - Just $1.00 (Ad)
S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
US Navy helicopters fire at Yemen's Houthi rebels and kill several in latest Red Sea shipping attack
MarketBeat All Access New Year's Sale - Just $1.00 (Ad)
A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
Chief Justice Roberts casts a wary eye on the uses of artificial intelligence in the federal courts
MarketBeat All Access New Year's Sale - Just $1.00 (Ad)
NYSE:C

Citigroup (C) Stock Price, News & Analysis

$51.44
-0.08 (-0.16%)
(As of 12/29/2023 ET)
Today's Range
$51.22
$51.61
50-Day Range
$38.25
$51.54
52-Week Range
$38.17
$53.23
Volume
13.15 million shs
Average Volume
18.98 million shs
Market Capitalization
$98.45 billion
P/E Ratio
8.15
Dividend Yield
4.12%
Price Target
$52.62

Citigroup MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
2.3% Upside
$52.62 Price Target
Short Interest
Healthy
1.50% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.56
Upright™ Environmental Score
News Sentiment
0.83mentions of Citigroup in the last 14 days
Based on 27 Articles This Week
Insider Trading
Selling Shares
$1.14 M Sold Last Quarter
Proj. Earnings Growth
3.14%
From $5.74 to $5.92 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.84 out of 5 stars

Finance Sector

40th out of 867 stocks

National Commercial Banks Industry

7th out of 85 stocks

C stock logo

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.

 

C Stock Price History

C Stock News Headlines

Markets love XPO, your stuff still needs to get where it's going (C)
The transport industry keeps adding jobs, and a 2024 filled with potential rate cuts can spur further activity into these stocks, but only one can be a winner
Right-wing social media platform Parler plans to relaunch early next year
The social media platform Parler is relaunching ahead of next year’s presidential elections
New Cash Law Will Be Disaster for Savers
New law has expert warning seniors and retirees to beware. There's a darker truth behind this financial bombshell...
3 stocks with high returns to hold this decade (C)
Having the foresight to invest in great businesses that will grow stronger in the next decade takes two things, both of which are ample in these three stocks
Shops in 2 Dutch cities start selling legally grown cannabis in an experiment to regulate pot trade
A paradox at the heart of the Netherlands’ permissive pot policy has gone up in smoke in two Dutch cities as “coffeeshops” began selling the country’s first legally cultivated cannabis
Cardinals, Anheuser-Busch agree to marketing extension, including stadium naming rights
The St. Louis Cardinals have been playing in Busch Stadium for seven decades, and that won’t change anytime soon
The truth behind BlackRock and Citigroup buying insurance firms (C)
Insurance has never been more important to Wall Street portfolios than today, or so it seems by these investment flows. Markets say rallies are due here
Consumer staples vs. consumer discretionary (C)
What is consumer staples vs. consumer discretionary? In a strong economy, consumers spend more on consumer discretionary products. Learn more with MarketBeat.
New Cash Law Will Be Disaster for Savers
New law has expert warning seniors and retirees to beware. There's a darker truth behind this financial bombshell...
US officials want ships to anchor farther from California undersea pipelines, citing 2021 oil spill
Federal investigators have concluded that a 2021 rupture of an undersea oil pipeline off the Southern California coast was likely caused by the proximity of anchored shipping vessels
Why do tech stocks go down when interest rates rise? (C)
Why do tech stocks go down when interest rates rise? We’ll look at the relationship between both and what might happen during a recession.
Chicago and other northern US cities scramble to house migrants with coldest weather just ahead
Chicago is scrambling to house hundreds of asylum-seekers who are still sheltering on sidewalks, at police stations and at the city’s busiest airport as the cold weather sets in and with winter just around the corner
Citigroup (C) Stock Moves -0.16%: What You Should Know
Whatever happened to the pandemic darling stocks?
Predictions: mind the valuation gap at Citi
Cities With the Largest Creative Classes
See More Headlines
Receive C Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Citigroup and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
10/13/2023
Ex-Dividend for 11/22 Dividend
11/03/2023
Dividend Payable
11/22/2023
Today
12/31/2023
Fiscal Year End
12/31/2023
Next Earnings (Confirmed)
1/12/2024

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
N/A
Sector
Finance
Employees
240,000
Year Founded
1812

Price Target and Rating

Average Stock Price Target
$52.62
High Stock Price Target
$85.00
Low Stock Price Target
$43.00
Potential Upside/Downside
+2.3%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
15 Analysts

Profitability

Net Income
$14.85 billion
Pretax Margin
12.35%

Debt

Sales & Book Value

Annual Sales
$101.08 billion
Cash Flow
$10.07 per share
Book Value
$94.40 per share

Miscellaneous

Outstanding Shares
1,913,880,000
Free Float
1,912,160,000
Market Cap
$98.45 billion
Optionable
Optionable
Beta
1.58

Social Links

20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

Key Executives















C Stock Analysis - Frequently Asked Questions

Should I buy or sell Citigroup stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Citigroup in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research 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.

What is Citigroup's stock price target for 2024?

15 equities research analysts have issued 12 month price targets for Citigroup's stock. Their C share price targets range from $43.00 to $85.00. On average, they anticipate the company's stock price to reach $52.62 in the next year. This suggests a possible upside of 2.3% 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 2023?

Citigroup's stock was trading at $45.23 at the start of the year. Since then, C stock has increased by 13.7% and is now trading at $51.44.
View the best growth stocks for 2023 here
.

Are investors shorting Citigroup?

Citigroup saw a decline in short interest in December. As of December 15th, there was short interest totaling 28,680,000 shares, a decline of 8.0% from the November 30th total of 31,190,000 shares. Based on an average trading volume of 18,650,000 shares, the short-interest ratio is currently 1.5 days. Currently, 1.5% of the company's shares are sold short.
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, January 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, January 12th at 12:00 PM 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) issued its quarterly earnings results on Friday, October, 13th. The company reported $1.52 earnings per share for the quarter, topping analysts' consensus estimates of $1.23 by $0.29. The company had revenue of $20.14 billion for the quarter, compared to the consensus estimate of $19.27 billion. Citigroup had a trailing twelve-month return on equity of 6.76% and a net margin of 9.22%. The business's revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter last year, the business earned $1.50 EPS.
Read the conference call transcript
.

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

Citigroup announced a quarterly dividend on Thursday, October 19th. Stockholders of record on Monday, November 6th will be paid a dividend of $0.53 per share on Wednesday, November 22nd. This represents a $2.12 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date is Friday, November 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 4.12%. C has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, C will have a dividend payout ratio of 35.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for C.

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

Citigroup issued an update on its FY 2023 earnings guidance on Monday, December, 11th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $78.0 billion-$78.0 billion, compared to the consensus revenue estimate of $79.9 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).

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
This page (NYSE:C) was last updated on 12/31/2023 by MarketBeat.com Staff

From Our Partners

My Account -